In Singapore, the regulatory authority is the Monetary Authority of Singapore , and in Hong Kong, it is the Securities and Futures Commission . In most countries, there are laws that treat small corporations differently from large ones. They may be exempt from certain legal filing requirements or labor laws, have simplified procedures in specialized areas, and have simplified, advantageous, or slightly different tax treatment.
- You can use this experience to help others do similar things without making the same mistakes that you made along the way.
- Aim high in your next presentation for your business plan, especially if you put your trust in this free template by Slidesgo.
- Your options are the traditional lender, online operator, government-backed loans, or more.
- Most tax preparation franchises offer courses, seminars, and training to get you ready to work for them.
There are many directions you can take this small business idea. If you want to work during hours when no one else does, you can focus on office clients. You can focus on retail businesses and keep your customers clumped into one or two blocks. Restaurants are in great need of daily thorough cleaning and can be a great source of steady clients.
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Different structures are treated differently in tax law and may have advantages for this reason. There are, however, Business News many, many sub-categories of types of company that can be formed in various jurisdictions in the world.
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