Add intangible assets for one fixed price
kimbocorp is an asset acquisition platform that helps businesses acquire intangible assets for a fixed rate, such as business licenses, permits, patents, customer lists, investor lists and banking relationships.
Hold until deliver
Select your preferred asset, put your card to hold funds and only expense it until you have received the asset as stipulated. No operational risk because if we don't deliver, funds are unheld.
No stress expansion
Expanding a business doesn't have to be risky if you know what you will get. Stay assured that we deliver you assets such as;
So that you can concentrate on running the business and not worry whether you will receive these assets when ordered.
Trusted partner
Kimbocorp operates 24/7 so that you always have someone to speak to whenever you have a question about your business. We understand that running a business is stressful and we are here to alleviate that by giving users no surprises when it comes to deliverables.
All other services to build your business
Kimbocorp is a fully-functional corporate service provider. Use the Kimbocorp dashboard to conduct other work or add capabilities to your business and start building your business stack-by-stack today.
How kimbocorp works
Deposit until we deliver. Fees and charges apply if cancelled.
SELECT YOUR PLAN
Complete the "Get Started" form with your business information
HOLD FUNDS
We hold the stipulated amount. Works starts when funds are held.
WE DELIVER
Receive the deliverables as promised as per the project scope
APPROVE
DELIVERABLES
Approve the deliverables provided
FUNDS ARE RELEASED
Funds are released only after you have confirmed receipt.
Why Singapore
More importantly, how can Singapore help my business
Easy to start a business
Over the past 10 years Singapore has made it easier for residents and non-residents alike easier to start a business. A business can be incorporated within a matter of days, and a bank account (SGD), can be obtained within 3 weeks or less depending on the nature of the business.
Kimbocorp has successfully helped out clients start their business and their bank account within 2 days of incorporating. While we do not promise that all the time, we can at least guarantee we will do our utmost to ensure your business registration and corporate account opening is completed, regardless of the complexity of your business.
Enforcing contracts
Singapore has made enforcing contracts easier by introducing a consolidated law on voluntary mediation. Besides having a world-recognised arbitrary system, Voluntary mediation is carried out by recognised mediators make the process of settlement
Effective Corporate Tax System
Singapore's headline corporate tax rate is a flat 17% at present. In order to make Singapore an attractive investment destination, corporate tax rates in Singapore have been going down consistently. Effective YA 2019 corporate income tax rate are reduced from 18% in 2011 to 12% to help maintain Singapore’s competitiveness.
Headline corporate tax rate in Singapore, as opposed to many other jurisdictions, does not necessarily provide an accurate indication of effective corporate tax rate. The effective rate is normally lower than the headline tax rate due to applicable tax exemptions and tax incentives, depreciation rules, etc. Once these tax exemptions are applied to the taxable income, the effective tax rates for small-to-mid sized Singapore-incorporated companies is reduced significantly when compared to the corporate tax rate payable in countries like Hong Kong. Effective corporate tax rate for Singapore private limited companies for profits up to S$300,000 is capped at 3.4%. In addition, newly-setup Singapore incorporated start-ups enjoy full tax exemption on the first S$100,000 in profits earned for 3 consecutive years and 50% off the next S$200,000. Most companies in Singapore except property and investment holding companies will qualify for the below rates.
Non Taxable Dividends
Dividends are profits you receive from your share of ownership in a Singapore-incorporated company, which may be paid to you in cash or in kind. For example, a company may pay its shareholders dividends in the form of the company's shares.
Effective 1 Jan 2008, Singapore-incorporated companies can issue one-tier tax exempt dividends. This means shareholders (foreigners or local) will not be taxed on this dividend income in Singapore. However, dividends received from shares in co-operatives are taxable.
Low Personal Tax
One of Singapore’s unique advantages is our low effective personal and corporate tax rates. Personal income tax follows a tiered system. In Singapore, the personal income tax rate starts from 3.5% and goes up to 20% for income above S$320,000. In comparison to countries like Hong Kong, personal income tax, or salary tax as it is known, starts at 2% and goes up to 17% for income above HK$120,000. However, Singapore’s net effective personal income tax rate is much lower than that of Hong Kong’s. For example, a person earning US$65,000 in Hong Kong would end up paying close to US$6,500 as personal income tax. Whereas in Singapore, he would only have to pay approximately US$4,000.
Funding for break-through technology
One of the advantages of establishing in Singapore is access to this grant, Startup SG Tech, which provides project funding for local Singapore companies to develop breakthrough technology that can disrupt current markets or create new markets.
With Startup SG Tech, companies will receive funding for both Proof-of-Concept (POC) and Proof-of-Viability (POV) projects. POC projects, which are designed to test the technical and scientific viability of a new technology, can receive funding of up to S$250,000. POV projects designed to test the commercial viability of a lab-proven technology can receive up to S$500,000 in funding. Contact support@kimbocorp.com to enquire about eligibility.
Private-Public Seed Funding
Another major advantage to Singapore incorporated technology-centric businesses is access to SEEDS Capital (SSC), which co-invests in scalable innovative startups with strong intellectual property;
SSC especially seeks to fund deep-tech industries such as biotechnology and advanced manufacturing. SSC will take an equity share in the startup and the shareholding varies depending on the valuation of the startup. The investment horizon for SSC is generally five to seven years and may take longer depending on the company’s business traction. SSC’s exit options include all conventional means such as trade sale, IPO and M&A. Contact support@kimbocorp.com for more information.
Regional Venture Capital Funding
An advantage of being trusted by SEEDS Capital is access to government-approved venture capital companies. SSC works with over 500 deep-tech startups and over 40 incubators and venture capital firms, who especially focus on startups in nascent and strategic industries such as Advanced Manufacturing & Engineering (AME), Health & Biomedical Sciences (HBMS), and Urban Sustainability & Solutions (USS).
Investments in these domains amounting to S$416.4 million across 76 deals from January to September 2019, up from S$333.8 million over the same period last year (+25%). Overall, a total amount of S$13.4 billion (+36%) was invested in startups across 437 deals from January to September 2019;
Due to lack of suitable expertise to back deep tech startups, investments in domains such as Advanced Manufacturing, Urban Solutions and Sustainability, and Healthcare and Biomedical Sciences made up only less than 4% of the total capital invested. However, this domain is rapidly growing in traction due to an ageing and wealthier population creating a growing demand for new and innovative solutions.
Economic Development Board
Economic Development Board of Singapore (EDB) is an active facilitator to help foreign-owned companies’ setup in Singapore.
The various programs they have includes;
Access to financing from 120 banks
The Global Financial Centres Index ranking has put Singapore as the third most dynamic financial centres in the world. Another factor that enhances Singapore’s standings is its readiness to embrace new and more contemporary markets. This means platforms like fintech and blockchains technology have become quite the order of the day here. Such a scenario puts Singapore on par with among the top financial centres like New York. Such is the case that Singapore is now a major hub for cryptocurrency trading in Asia.
Meanwhile, Singapore has a lot of potential and depth when it comes to capital markets. In the Stock Exchange of Singapore, about 800 companies are registered and trading actively. Such is the chain reaction that the Singaporean currency has grown by leaps and bounds and is being regarded as among the most stable in the world over.
In terms of banking, there are now over 120 banks operating in Singapore. Among them, 5 are locally owned of which 2 of them are among the top banks in the world. In terms of numbers, there are now about S$2.5 trillion in asset management companies with a steady growth of about 10%. Meanwhile, there are more than 250 assets and fund management companies here.
Who needs a hukou anyway?
A bank account is like your spouse. You hate working with it but you can't do without it. In today's stringent AML/CFT rules, business are struggling ever more even to just open any bank account, let alone one in the top 100. Let us solve that problem.
Who is it for?
For owners who needs a PHYSICAL CORPORATE BANK ACCOUNT;
Why should I get it?
A hukou provides business owners with the following benefits;
What else is included?
We throw in these along at no additional costs;
Assets for new and existing businesses
ACRA
For startup businesses
Guaranteed delivery or funds are returned
What is delivered;
Registered business license;
Constitution and Memorandum of Articles;
Appointment of mandatory corporate secretary;
Appointment of mandatory nominee director;
Transferwise business account setup
Paypal merchant account
RECOMMENDED
Hukou
For physical businesses
Guaranteed delivery or funds are returned
What is delivered;
100% wholly foreign-owned corporate bank account, with a tier 1 bank, registered under your corporate entity in Singapore;
100% foreign-owned registered business license;
Constitution and Memorandum of Articles;
Appointment of mandatory corporate secretary;
Appointment of mandatory local nominee director.
Scrapegoat
For existing businesses
Guaranteed delivery or funds are returned
What is delivered;
Transfer of business already registered in Singapore;
Appointment of mandatory nominee director;
Appointment of mandatory corporate secretary;
All corporate restructuring work including share transfers to private and corporate entities and new board appointment.
Tap these opportunities if your business has proper paperwork
6 opportunities to tap into for online registered businesses
Instructions to complete the 3-minute form to get a corporate bank account
1. Attach a valid passport copy;
2. Attach a proof of address (i.e utility bill);
3. Complete all questions, including those that are not mandatory, so that we can complete your registration without coming back for more information.
Have questions? Speak to our
friendly relationships officers
Intangible Assets
Build your business risk-free. Guaranteed delivery or your money back.
Trusted partner
Kimbocorp operates 24/7 so that you always have someone to speak to whenever you have a question about your business. We understand that running a business is stressful and we are here to alleviate that by giving users no surprises when it comes to deliverables.
How kimbocorp works
Hold until we deliver. Fees and charges apply if cancelled.
SELECT YOUR PLAN
Complete the "Get Started" form with your business information
HOLD FUNDS
We hold the stipulated amount and start when funds are held
WE DELIVER
Receive the deliverables as promised as per the project scope
APPROVE
DELIVERABLES
Approve the deliverables provided
FUNDS ARE RELEASED
Funds are released only after you have confirmed receipt.
Tap these opportunities if your business has proper paperwork
6 opportunities to tap into for online registered businesses
Who needs a Co-investor anyway?
Getting a good Co-investor is like striking lottery. You waited for so long to have this individual to appear, someone whom will willingly invest an amount of cash, and at the same time, bring others in to invest. The Co-investor will open doors, bring more customers, add capabilities and seek new markets for the startup. Best of all, the co-investor will not takeover the company or take huge chunks of equity. Sounds too good to be true.
Who is it for?
For startup owners worldwide in nascent industries with strong intellectual content and global market potential, who needs a PRIVATE CO-INVESTOR to contribute to the business and to raise funds from venture capital partners in Singapore.
Why should I get it?
Owner of the Startup gets;
What else is included?
All other services to build your business
Kimbocorp is a fully-functional corporate service provider. Use the Kimbocorp dashboard to conduct other work or add capabilities to your business and start building your business stack-by-stack today.
No stress expansion
Expanding a business doesn't have to be risky if you know what you will get. Stay assured that we deliver you assets such as;
So that you can concentrate on running the business and not worry whether you will receive these assets when ordered.
Hold until deliver
Select your preferred asset, hold the funds and only expense it until we have delivered what we promised. No operational risk because if we don't deliver, you get the funds back.
Helping businesses anywhere expand overseas through COVID-19
Get your ACRA business registration here first and position your business for the next uptrend.
Assets for new and existing businesses
Hukou
For physical businesses
Guaranteed delivery or funds returned
What is delivered;
100% wholly foreign-owned corporate bank account, with a tier 1 bank, registered under your corporate entity in Singapore;
100% foreign-owned registered business license;
Constitution and Memorandum of Articles;
Appointment of mandatory corporate secretary;
Appointment of mandatory local nominee director.
ACRA
For newly setup businesses
Guaranteed delivery or funds returned
What is delivered;
Registered business license;
Constitution and Memorandum of Articles;
Appointment of mandatory corporate secretary;
Appointment of mandatory nominee director;
Transferwise business account setup
Paypal merchant account
Scrapegoat
For existing businesses
Guaranteed delivery or funds returned
What is delivered;
Appointment of mandatory nominee director;
Appointment of mandatory corporate secretary;
Transfer of business already registered in Singapore;
All corporate restructuring work including share transfers to private and corporate entities and new board appointment.
Who needs an ACRA anyway?
A registered business is the start of any business's journey. It is underrated. A license allows a business owner to use it to secure loans, funding, open a bank account, secure grants and subsidies, setup merchant accounts on sites such as paypal, be seen on google my business, and so much more.
Who is it for?
Any business which depend on long (buy) and short (sell) to generate income.
To conduct businesses related to trade, such as;
Why should I get it?
An ACRA provides owner with the following benefits;
What else is included?
We throw in these along at no additional costs;
kimbocorp is a onshore agent registered with the Accounting Corporate Regulatory Authority of Singapore.
Asset Types
© 2020 kimbocorp | Terms and Conditions | Privacy Policy