Why Set Up a Singapore Offshore Company? |
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In our professional opinion, a Singapore offshore company is the best corporate structure in the world. Reasons why a Singapore offshore company is our clients most preferred solution include: |
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| 1. | A Singapore offshore company is an ideal vehicle to house global corporate profits, minimising international taxation. |
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| 2. | A Singapore offshore company does not portray a tax haven image. Consequently, it is easy to open corporate bank accounts globally. |
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| 3. | An offshore company in Singapore benefits from the excellent reputation the jurisdiction has as a global business hub. The World Economic Forum's Global Competitiveness Report 2011-2012 ranks Singapore 2nd. This survey takes into account factors such as infrastructure, macroeconomic stability, health and education, labour market efficiency, technological readiness and innovation. |
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| 4. | Practical uses for a Singapore offshore company are varied and can include asset protection, investment companies, holding companies and more. |
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| 5. | Within Asia Pacific, Singapore is one of the top jurisdictions for offshore services. Singapore Company registration is supported by key strengths of exceptional technology infrastructure, government support, political stability and strong legal environment including intellectual property rights. |
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| 6. | Favorable corporate tax rules, together with an extensive network of double taxation treaties, make this option the perfect holding company. More information can be found on this tax planning in Singapore page. |
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| 7. | An annual statutory financial audit is not required if corporate turnover/sales is less than S$5 million (US$4.15 million). For more information on Singapore company Law and Accounting, view Incorporating in Singapore. |
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| 8. | Singapore banking is considered one of the most secure in the world. Singapore has strict client confidentiality laws and requires thorough due diligence guidelines to be followed. Singapore is not listed on OECD black or grey lists so is not given any tax haven stigma associated with some jurisdictions. |
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| 9. | This option can raise corporate and trade finance and can be listed on the Singapore Stock Exchange. |
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| Contact us for more information on Singapore Offshore Companies | ||||||||||||||
| Back to Singapore Company Formation page. | ||||||||||||||
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