Singapore March 11: The Singapore Budget 2010 was released by the Minister of Finance Mr. Tharman Shanmugaratnam. The 2010 budget that will be effective from April 2010 brings about a number of tax initiatives for businesses that enhance Singapores position as a leading hub for business and investment. In light of the modified tax regulations ContactOne is offering professional taxation services to help clients and customers with taxation needs that will arise this fiscal year. With the announcement of the new budget, companies must adhere to the new taxation rules. ContactOne helps each business understand the tax implications of every type of business set up in Singapore. They provide their taxation services and guidance at the beginning stages of formation of the company in order to help choose the most ideal business vehicle and assess its corresponding tax rules. The company assists business start ups by assessing the aggregate exposure to income tax on both company and personal level; providing relevant advice on available tax incentives which are applicable to the company, tax reliefs and deductibles and by structuring company operations in the most tax efficient way. ContactOne offers a wide variety of other business incorporation services to local and foreign entrepreneurs who wish to set up a business in Singapore. The company always ensures that all services comply with the prevailing rules and regulations of the country. The company is backed by a team of professionals who ensure that the transition process into Singapore is simplified.
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