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International business people incorporate a company in Singapore to take advantage of its strategic tax advantages and excellent global reputation for stability and security. Points to consider when incorporating a company in Singapore include: |
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| 1. | If properly-structured, the international profits of a Singapore company are legally tax-exempt, making Singapore the ideal regional or global headquarters. More than 7,000 multinational companies have set up regional or global headquarters in Singapore to date, according to the Singapore Economic Development Board (EDB). |
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| 2. | The first S$200,000 (US$132,500) of chargeable income is legally tax-exempt for the first three years after incorporation, in accordance with Singapore tax law. |
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| 3. | The EDB provides a wide range of financial incentives to entrepreneurs who incorporate a company in Singapore. These include equity financing for companies developing high technology products and services in Singapore, grants to improve management and operations, and loans to fund overseas expansion projects. |
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| 4. | Incorporating a company in Singapore is straightforward. According to the World Bank's Doing Business 2008 Survey, Singapore is the world's easiest place to do business for a range of factors including company start up procedures, time, cost and minimum capital required. |
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| 5. | According to the 2008 Quality of Living Survey by Mercer Human Resources, Singapore offers the highest standards of living in southeast Asia. After incorporating a company in Singapore, Healy Consultants assists entrepreneurs obtain Singapore employment and residence visas, as well as purchase Singapore property.
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| 6. | As a global private banking and wealth management hub, Singapore caters to the financial service needs of a rapidly growing number of Asian millionaires. |
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| 7. | Healy Consultants offers cross-cultural training and advice to foreign investors who incorporate a company in Singapore, to ensure they are aware of local business etiquette and protocol. |
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| Contact Us | ||
To incorporate a company in Singapore, contact email@healyconsultants.com or call us in Singapore at (+65) 6735 0120. |
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| © 2003 Healy Consultants Pte Ltd | ASIA COMPANY SET UP SERVICES |