AM Corp Blog

Blogs about corporation startup tips, accounting and taxation basics.

Intellectual Property (IP) Migration: 3 Essentials You Must Consider

Posted by AM Corporate Services Pte. Ltd. 10. 3. 2018

Singapore remains as the top location of choice for businesses looking to register IP. Strong government support is a huge factor, especially with policies in place to assist entrepreneurs on a quest to turn “ideas into assets”. The nation’s legal system, fierce government support and a collective vision to turn Singapore into a Global IP Hub in Asia by 2020 are all great reasons that provide a pull for potential business owners and companies into the Republic.

That said, assets such as IP can tricky when migrating to “favourable tax jurisdictions ”, especially with governments issuing crackdowns on companies looking to evade tax. In the event that these IPs are undervalued, local governments could potentially issue taxes based on the value of the new assets, even if it has moved abroad to avoid hefty tax charges.

While Singapore will no doubt provide a strong global position and allows companies to operate efficiently, here are 3 essentials to consider for IP Migration into Singapore.

Read More

Topics: Intellectual Property, Business Valuation, Taxation, Start Up

Top 3 Reasons Why Singapore is an Intellectual Property Haven

Posted by AM Corporate Services Pte. Ltd. 09. 18. 2018

Photo by Victor Garcia

Singapore is internationally known as a safe haven for both local and foreign entrepreneurs looking to set up their businesses. In World Bank’s annual “Doing Business” 2018 report, for instance, the nation is ranked 2ndamongst 190 global economies, miles ahead of other economic powerhouses such as the United Kingdom and the United States of America.

Similarly, international surveys such as the World Economic Forum has also ranked Singapore’s Intellectual Property (IP) laws as one of the best in the world. Large brand names such as Procter and Gamble as well as Mead Johnson have selected Singapore as their preferred location to invest in business and research and development – all of whom have listed strong IP laws as a factor in their decisions.

Here are the top 3 reasons why Singapore is an intellectual property haven.

Read More

Topics: Intellectual Property, Start Up

8 Types of Intellectual Property To Know In Singapore

Posted by AM Corporate Services Pte. Ltd. 09. 13. 2018

Photo by Peter Nguyen

In today’s globalised age, all companies will need to constantly innovate to keep their competitive advantage and keep ahead. Any complacency or stagnation would have eliminated them from the race. According to the Global Innovation Index, Singapore ranked 5thmost innovative nation out of 126 economies, ahead of USA & Germany, and top innovative nation in Asia. As such, Singapore is a haven for many Small, Medium Enterprises (SMEs) and Multi-national corporations (MNCs). For companies to stay competitive in Singapore, they will need to innovate. Most importantly, they need to know how to protect their innovative ideas – their intellectual property.

Read More

Topics: Intellectual Property, Start Up

5 Tips on How to Start an Online Business in Singapore

Posted by AM Corporate Services Pte. Ltd. 01. 19. 2018

Out of a population of 5.74 million, 4.71 million inhabitants in Singapore are Internet users, making the Internet penetration rate to be 82%. To access the Internet, the persons in Singapore mostly use their smart phones, laptops or desktop computers. This is based on figures released in “Digital in 2017: Southeast Asia”, a report produced by Hootsuite and We Are Social, looking at Internet, social media and mobile use across this region. 

Read More

Topics: Start Up

5 Things You Should Know Before Starting a Non-Profit Organization in Singapore

Posted by AM Corporate Services Pte. Ltd. 12. 28. 2017

From environmental concerns to food security to gender inequality, the issues that non-profit organizations in Singapore address are diverse. To-date, there is an estimated 140 international non-profit organizations in Singapore according to the Economic Development Board. As evidenced by the increase in non-profit organizations over the years, Singapore offers a conducive environment for such organizations to grow and thrive. It also can host your new ideas and programs that can benefit today’s world.

Read More

Topics: Start Up

5 Reasons Why Singapore is the Best Place to Launch Your Fintech Startup

Posted by AM Corporate Services Pte. Ltd. 12. 27. 2017

As a prominent international financial centre, Singapore is truly a leading fintech hub. This is according to the “Connecting Global Fintech: Interim Hub Review 2017” by Deloitte, which rated 44 cities across the world based on an index performance score.

With key innovation areas such as investment and wealth management, compliance, cyber security and robo advisors, here are five reasons why Singapore is the best place to launch your fintech start-up.

Read More

Topics: Start Up

Walkabout Singapore: The Most Promising Tech Startups of the Recent Years

Posted by AM Corporate Services Pte. Ltd. 08. 11. 2017

An ecosystem value of US$11 billion, a startup community of more than 2,000 tech startups, a leading place for top tech talent – this is a snapshot of the Singapore startup ecosystem which has gone from strength to strength over the years. 
As a testament to the importance that Singapore places on startups, this year, the Startup SG branding was launched to deliver on a coherent brand identity and bring its support schemes under one umbrella.

Read More

Topics: Start Up

Singapore vs Hong Kong: Why the Lion City Wins as the Best Place in Asia to Do Business

Posted by AM Corporate Services Pte. Ltd. 08. 1. 2017

As leading cities in Asia, both Singapore and Hong Kong boast strategic advantages for businesses, namely open economy, strong rule of law, political stability, key geographical location, low and simple tax regime, business-friendly environment, world-class infrastructure, and educated English-speaking workforce.

Read More

Topics: Start Up

Singapore's Startup Ecosystem: 6 Reasons Your Startup is Going to Succeed

Posted by AM Corporate Services Pte. Ltd. 07. 18. 2017

Singapore is among the top startup ecosystems around the world. This is according to this year's report by Startup Genome which surveyed more than 50 ecosystems in 28 countries based on factors such as performance, funding, market reach, talent and startup experience. To-date, there are around 2,400 tech startups in Singapore with an ecosystem value of US$11 billion. Most startups are in the area of digital technology, followed by fintech and enterprise tech startups.

Read More

Topics: Start Up

Singapore vs New Zealand: The Best and Easiest Place to Run Your Startup

Posted by AM Corporate Services Pte. Ltd. 06. 23. 2017

In the latest edition of the World Bank's Doing Business rankings, New Zealand was placed first as the easiest place to do business, closely followed in second place by Singapore. The rankings looked into factors including starting a business, getting credit, paying taxes and enforcing contracts.
For entrepreneurs aiming to make their mark in the New Zealand and Singapore business environments, here is a look at how these countries fare for running startups.

Read More

Topics: Start Up