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Updated by Hans Teo on Oct 13, 2018
Headline for Top 5 Reasons For Offshore Company Incorporation In Singapore
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Hans Teo Hans Teo
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Top 5 Reasons For Offshore Company Incorporation In Singapore

Here, we let you in on the top factors why offshore firms are choosing to incorporate their businesses in Singapore and how company incorporation services providers can help these companies achieve their business goals faster.

4

An Open And Liberal Foreign Ownership Policy

An Open And Liberal Foreign Ownership Policy

Restriction on permitted business activities is almost non-existent, and all sectors are granted 100% foreign shareholding.

1

Easy Registration Procedure

Easy Registration Procedure

With a fully computerised and streamlined system, business registration is a breeze for any offshore company. All it takes is just the approval of your company and submission of your incorporation documents, which can all be accomplished online.

2

Low Tax System

Low Tax System

Offshore firms looking for a Singapore company incorporation can expect a simple tax system that is defined by low corporate and personal income tax rates as well as tax relief incentives. The best part is that they don’t need to worry about any other taxes such as dividend and capital gains taxes while benefitting from an extensive tax treaty network.

3

Economically And Politically Stable Environment

Economically And Politically Stable Environment

Singapore takes pride in having a transparent and corrupt-free government, with rules and regulations that are straightforward and pro-business. This is backed by a wide selection of local and foreign banks for opening an account.

5

A Reliable And Trustworthy Image

A Reliable And Trustworthy Image

Being incorporated in Singapore spells credibility and legal entity stature for any offshore firm. This means an offshore company can expect to be treated with utmost trust and respect by anyone it deals with such as bankers.