Investing in Singapore

Investing in Singapore is, despite the current local and global economic slowdown, an ideal long-term solution thanks to Singapore's stability and business-friendly investment environment. Inward investment is encouraged by the government through its Economic Development Board (EDB), and entrepreneurs find investing in Singapore transparent and straightforward. The following is an overview of the principle benefits of investing in Singapore, and Healy Consultants' capabilities in this area:
1.	Investing in Singapore gives access to a network of free trade agreements (FTA's) and investment guarantee agreements which give Singapore-based businesses preferential access to international markets.
2.	Entrepreneurs investing in Singapore benefit from low corporate tax rates. If properly structured, a Singapore company is legally tax-exempt on income earned outside Singapore, provided it is not banked in Singapore. Furthermore, in accordance with Singapore tax law S$200,000 (approximately US$145,000) of chargeable income can be tax-exempt for three years following incorporation, provided the total income in the year reaches S$300,000.
3.	The EDB provides a wide variety of financial incentives for entrepreneurs investing in Singapore, including grants, tax holidays, 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.
4.	As a global private banking and wealth management hub, Singapore caters to the financial services needs of wealthy individuals.
5.	While Singapore is affected by the global economic downturn, some 7,000 multinational companies call Singapore their regional or global headquarters and have benefited from investing in Singapore.
6.	The World Bank ranks Singapore the world's easiest country to set up a business, while the 2010 Index of Economic Freedom by the Heritage Organisation ranks Singapore as the world's second freest economy.
7.	To foster growth in the SME sector, SPRING Singapore was established. This enterprise development agency is tasked with growing innovative companies and fostering a competitive SME sector. SPRING provides a range of incentives and schemes to assist entrepreneurs with their business investment in Singapore.
8.	According to the 2009 Quality of Living Survey by Mercer Human Resources, Singapore offers the highest quality of living in southeast Asia, and improved from 32nd in the 2008 global list to 26th in 2009. Entrepreneurs investing in Singapore engage Healy Consultants to assist with all aspects of relocation, including assistance in finding suitable Singapore property for rent or purchase, assistance in finding suitable international schools for children and other relocation services.
Contact Us
For more information on investing in Singapore, contact email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.
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