Why Choose Singapore?
Legend has it that in the 14th century, a Sumatran prince saw a magical beast, which he later learned was a lion, as soon as he set foot on the island of Singapore. In 1819, Stamford Raffles, an Englishman, shaped Singapore into a trading transit point. Singapore’s free trade policy attracted businessmen from all over Asia, the United States and even the Middle East. The country gained independence on August 9, 1965, became a member of the United Nations in September, and joined the Commonwealth in October of the same year.
Why Choose Singapore?
01
Low Taxes
The corporate tax rate in Singapore is 17%, and the government offers various tax incentives and relief measures, allowing the rate to be reduced to around 8.5% for the first three years. Before reaching an annual turnover of SGD 1 million, there is no tax on dividends, no capital gains tax, and no goods and services tax (GST).
02
Simple Operations
You can set up a company within a day. As a foreigner, you only need an agent to handle the online process.
03
Flexible and Convenient
You can manage your new business from your home country entirely online. If you wish to visit Singapore occasionally, there are many convenient flights. If you decide to move to Singapore, you can easily obtain an employment pass and apply for permanent residency.
05
Advanced Global Transportation Infrastructure
Located at the Strait of Malacca, Singapore serves as a world-class hub for air, land, and sea transport. Companies based in Singapore can fully leverage integrated infrastructure to connect with the world, delivering goods and services anywhere globally.
04
Safety and Security
Singapore follows British law, protecting investor rights and intellectual property. The government has a strict registration approval system for companies in Singapore, requiring at least one local director as a guarantor. There are also stringent regulations for ongoing company maintenance, ensuring that Singaporean companies maintain a good reputation.
06
Possibilities for Listing and Immigration
Singaporean companies can list on the Singapore Exchange (SGX) to raise funds in the international capital market. By operating and paying taxes locally, company shareholders may also gain opportunities for their entire family to immigrate to Singapore, achieving dual benefits in business and immigration.