Striking Off And Liquidation Services:

Tax Planning And Services:

PMAHENNY can assist you with the followings services:

-Seeking extention of time for filing returns.

-Filing of Estimated Chargeable Income (ECI).

-Tax computation.

-Filing of Tax Return-Form C.

-Raise objections – Reply to tax queries.

-Personal tax computation for sole proprietorship.

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Help in Times of Needs:

Peace:

Philippians 4.6-7

Be anxious for nothing, but in everything by prayer and supplication, with thanksgiving, let your requests be made known to God;

And the peace of God, which surpasses all understanding, will guard your hearts and minds through Christ Jesus.

Why Incorporate A Offshore Tax Haven Company?

An Offshore, International Company is commonly set up in a tax haven like the British Virgin Islands,Bahamas,Caymans Islands etc, where there are no corporate or personal income taxes,capital gains taxes,reporting requirements, or restrictions on company employment policies.

As the “world” becomes global,fewer businesses are local and many corporations are increasing going internationalization. Corporate structuring and planning have achieved higher levels of complexity than ever before while the need for anonymity remains strong. Corporation must keep pace and be constantly on the look out for new ways to profit. One way is to have a clear understanding of the characteristics offshore foreign corporations and how they may be put to advantageous use.

Offshore Companies are only applicable if you are doing business overseas and not in the country where you’re offshore was incorporated. All income derived in and from the incorporated country is normally taxable.eg. An offshore incorporation in Bahamas,doing business in Bahamas will require to pay taxes in Bahamas,where else,if the business was done in USA or Hong Kong,all profit are not taxable.

Singapore and Hong Kong although not typically regarded as tax haven, has a favourable tax regime which effectively means that correctly structured, managed and administered these companies can be utilised for offshore business and international business without paying tax in Singapore or Hong Kong provided that any profits arising are not made in the respective country(non resident company) and the earned money can be remmitted back. This type of tax regulation is known as “territorial taxation”.With the strict rule in place for prevention of money laundering and terrorist financing,opening bank account for other tax haven jurisdictions can be difficult. On the contrary, to open a corporate bank account for companies in Singapore or Hong Kong is easier as these companies are more transparent due to the strict compliance control by the government.

Nominee Director/Shareholder Services:

Nominee Director

A private limited company requires at least one individual director who has to be an ordinary resident of Singapore ie being one of the following:-Singapore citizen OR -Singapore permanent resident OR – Singapore employment/dependant pass holder Our representative may act as your company’s local director if you have difficulties appointing a director of your own.

 

Nominee Shareholder

A private limited company must have at least one shareholder be it an individual or a corporation. One of our officers may act as a nominee on behalf of the beneficial owner and a suitable Declaration of Trust may be prepared upon request.

Employment Pass/Entre Pass:

All Foreigners who wish to set up a business and intend to reside in Singapore will require an employment pass (EntrePass).

The approval of entrepass requires a comprehensive business plan submission before proceeding with the necessary application. Our vast experience and success in the approval of entrepass has given us the edge.

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Incorporation of Singapore “Private Limited” Company.

Setting up your new company can be done quickly at affordable costs.

We can incorporate your business affordably and quickly.

At least 1 director and 1 shareholder who is ordinarily resident in Singapore i.e. a Singapore Citizen, A Singapore Permanent Resident/Employment Pass Holder or Dependent Pass Holder.The director and shareholder can be the same person.

A foreigner who wishes to act as a local director of a company can apply for an Employment Pass (EntrePass).

 

All Foreigners who wish to set up a business and intend to reside in Singapore will require an employment pass (EntrePass).

The approval of entrepass requires a comprehensive business plan submission before proceeding with the necessary application.

A Private limited company requires at least one individual director who has to be an ordinary resident of Singapore ie being one of the following:-Singapore citizen OR -Singapore permanent resident OR – Singapore employment/dependant pass holder.

A private limited company must have at least one shareholder be it an individual or a corporation.

An Offshore, International Company is commonly set up in a tax haven like the British Virgin Islands,Caymans Islands etc,where there are no corporate or personal income taxes,capital gains taxes,reporting requirements,or restrictions on company employment policies.

As the “world” becomes global,fewer businesses are local and many corporations are increasing going internationalization. Corporate structuring and planning have achieved higher levels of complexity than everbefore while the need for anonymity remains strong. Corporation must keep pace and be constantly on the look out for new ways to profit. One way is to have a clear understanding of the characteristics offshore foreign corporations and how they may be put to advantageous use.

Offshore Companies are only applicable if you are doing business overseas and not in the country where you’re offshore was incorporated.All income derived in and from the incorporated country is normally taxable.eg.An offshore incorporation in Bahamas will require to pay taxes in Bahamas,where else,if the business was done in USA or Hong Kong, all profit are not taxable.

Singapore and Hong Kong although not typically regarded as

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