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Jun 18 • 11 tweets • 5 min read
You would have read that Flipkart, InMobi, and many more #startups are incorporated in #Singapore 🇸🇬?

Ever thought why founders incorporate their companies and not in #India?

In this #thread🧵, we will share few benfits of setting up a companies in Singapore.

Let's Begin... Image
Every #business or #startup needs money to grow and one way for a business strive to do this is by saving money on taxes.

Likewise, Indian businesses have been choosing Singapore as a business destination.

Let's see what makes Singapore a promising business destination!
Cooperation:

India and Singapore have been important trade alliances for a long time.

Both the nations have signed "The Double Taxation Avoidance Aggrement (DTA)", which aims to avoid double taxation of any income that may flow between the two nations. Image
Ownership and Establishment:

The laws of both countries permit Indian citizrns or an Indian company to setup and own a business in Singapore.

The process is quick, simple and inexpensive and permits full ownership (100% ownership of shares).
Let's talk about Tax Savings

⚡️Corporate Tax on Domestic Companies in India is charged at 30%, while it is 17% in Singapore.

⚡️India imposes a tax on dividend distribution, but dividends paid to shareholders are not taxed in Singapore.
⚡️Capital Gains Tax in India is set at 15-20% while it is 0% in Singapore, thus making risk taking easier in Singapore.

⚡️#GST in India ranges from 5-28%, but tax in Singapore is fixed at 7% on many items and services are excluded from tax.
⚡️Startups are not given any tax or other benefits easily in India but Singapore encourages #entrepreneurship through various government grants and schmes.
Benefits other than Tax:

🟢World-class infrastructure and life amenities
🟢FDI in all those sectors in which FDI is restricted in India
🟢Strong rule of Law
🟢Strongest IP Protection system in Asia
🟢Digital Economy and Hub of Innovation
Leading Brands setting up the Companies there: #Flipkart, #InMobi and #Medialink.

These well-known startups were incorporated in Singapore and used their system to get tax and other benefits. Many Indian startups also choose Singapore for expanding their global Footprint.
Rankings of Singapore:

As per the World Bank Ease of Doing Business Report 2002, Singapore ranks 2nd while India ranks 63rd on the list.

Hence no wonder why every Indian entrepreneur wants to do business in Singapore.
That's all about "Why Indian Founders Incorporate Companies in Singapore".

Follow @YMehta_ for Market and Business Related Information.

If you find the thread informative, then give us a Thumbs Up 👍 by Liking ❤️ and Retweeting 🔄 the first tweet.

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More from @YMehta_

Yash Mehta Profile picture
Jul 3
Quarter 1 of FY 23 has given a lot of new learning in #trading and #Investment.

"#Market is like an Amoeba which keeps on changing its shape" so one has to adapt to it and grow.

So let's see what all #mistakes I did and what changes I did to my trading style.
First of all, let's start with #Options Trading.

Earlier I used to take the entire position on Thursday/Friday: one week before expiry. Because of this, I had no margin left for any adjustments in case of gapup or gapdown opening.
Now, I don't take all the positions in one go. It is splitted across three days.

25% Position on Thursday.
25% Position on Friday.
50% Position on Monday.

After this, I stopped doing fire fighting via adjustments and if Stoploss is hit, simply exit the position.
Read 4 tweets
Yash Mehta Profile picture
Jul 2
Yesterday, most of the Oil Explorer and Producing Companies Like #Reliance, #Ongc, #MRPL were down by 10%.

There were multiple reasons for this. So let's discuss each reason one by one.

Before going ahead, Like and Retweet this tweet for wider reach. Image
First Reason:

#Government imposed taxes on the export of petrol, diesel, and jet fuel shipped overseas by Indian firms.
A tax of ₹6/L on exports of petrol and aviation turbine fuel and ₹13/L on exports of diesel will be levied.
The step is aimed at meeting the demand of the domestic market.

The taxes on exports come after oil refiners, particularly from the private sector, attracted huge gains from exporting fuel to markets such as Europe and the US amid a surge in international oil prices.
Read 8 tweets
Yash Mehta Profile picture
Jun 30
Many who became a Full-Time #Trader in the last two years would be in a dilemma because of the volatility in this market.

Be a part-time trader instead of leaving it.

This #thread 🧵will be on what all #strategies, I personally use to generate active #income in the market.
We will discuss positional trading and investing in stocks and then about option trading.

In #Stocks, we don't take any leverage, so risk is lesser, whereas in #Options it is a leverage instrument, so risk is high and it can wipe out your capital.
#Investment #Portfolio:

This is basically my long-term portfolio, which I create for a horizon of more than 5 years.
There are certain criteria which I use to filter stocks in #Investment.

Mostly look for the sector where you know something.
Read 20 tweets
Yash Mehta Profile picture
Jun 29
"BYJU'S is one of the largest #Edtech #Startups in India and now it is in deep trouble!"

Let's see what all things have led to these problems in BYJU'S

Let's Begin.... Image
Out of the $4.7 billion pumped into edtech space in 2021, a massive $1.7 billion was raised by Byju's alone.

In 2021, Byju's made 10 strategic acquisitions worth $2.5 billion.
In Dec 2021, Byju's was valued at a whopping $22 billion making it the 13th most valuable startup in the world!

Well, we're done with 2021, which was a glorious year for India's edtech giant.
Read 12 tweets
Yash Mehta Profile picture
Jun 27
Why do the rich open accounts in the Swiss Bank?

Since our childhood, we are hearing that rich people in #India and other countries have their account in #SWISSBANK.

In this #thread🧵, let's see major reasons for this.

Like❤️and Retweet🔄for wider reach.

Let's Begin... Image
James Bond had a dialogue in the movie "The World is Not Enough" (1991) which goes like, "If you can't trust a Swiss Banker, what's the world come to?"

The dialogue is the essence of the Swiss Bank culture of confidentiality and trust.
It all goes back to the 18th century when European elites had started parking their money in Geneva, Switzerland.
In 1713, Swiss Government Authorities had lawfully prohibited banks from sharing information about their customers.
Read 15 tweets
Yash Mehta Profile picture
Jun 25
Buying/Selling climax is very common in the #stockmarket and it is completely based on the price.

#Volume #Climax is something that I have observed.

In this thread🧵, I am sharing a #trading strategy that I am using based on this.

Like❤️and Retweet🔄 for wider reach.
What is this Volume Climax?

You would have seen some kind of spurt in volume in a day after a up/downtrend. Here, we don't consider any day in which there is corporate action or quarterly result.

Let's see some chart:

Below Chart is of #Metropolis when volume spurt occurred.
Now one to observe in Metropolis chart is after that volume spurt candle, the uptrend had paused.
This means at this candle smart money had offloaded the stock and retailers bought it. Hence stock went in the downtrend and Metropolis went down by 20%.
Read 16 tweets

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