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Why Incorporate a Singapore Company?
Singapore is a strategic gateway for foreign trade investments into the surrounding Asian regions. The five key factors that makes Singapore an ideal choice as a holding company location:
- Excellent infrastructure
- Political stability
- Tax-friendly regime
- Dynamic and efficient business environment
- Educated work force
| Singapore is Top Ranking In The World | |
|---|---|
| Singapore is rated #1 in the World for ease of doing business | World Bank Report –Doing Business 2013 |
| Singapore is ranked #1 in Asia and #2 in the World for Global Competiveness | World Economic Forum - Global Competitiveness Report 2013-2014 |
| Singapore is ranked #3 in the World for overall Human Capital Index | World Economic Forum – Human Capital Report (October 2013) |
| Singapore is ranked #1 in the World for Government Efficiency | World Economic Forum – Global Competitiveness Report 2013-2014 |
| Singapore is ranked #1 in the World for Labour Efficiency and Goods Market Efficiency | World Economic Forum – Global Competitiveness Report 2013-2014 |
| Singapore is ranked #2 in the World for Networked Readiness Index | World Economic Forum – Global Information Technology Report 2013 |
| Singapore maintains its position as #5 least corrupt in the World and the #1 least corrupt in Asia | Transparency International, Corruption Perceptions Index (CPI) 2012 |
Why is Singapore the preferred location?
- Corporate tax rate (Effective Tax Rate) for the first S$300,000 net profit is 8.5%
- Personal tax rates starts from 0% to 20% (for S$320,000 above)
- No tax on dividend income
- No tax on capital gains
- No estate duty/inheritance tax
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