Register your dream company in Singapore remotely in 2 days starting from 990 $
Company formation service in Singapore
Verify the availability of your Company name in Accounting and Corporate regulatory authority of Singapore
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Free company name check
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Key Benefits of Doing Business in Singapore
Ease of doing business
Singapore is recognised for many years in a row as the world’s easiest place to do business. For many years now, Singapore has been recognised as a leading country for doing business internationally.
Singapore holds a strategic position
Singapore has access to key markets of 2.8 billion, one of the busiest ports, leading oil refining and distribution centre, and manufacturing cornerstone for electronic components.
Corporate Tax Rate
With effect from YA 2010, a company is taxed at a flat rate of 17% on its chargeable income regardless of whether it is a local or foreign company.
Tax Incentives for a new start-up
The tax exemptions are available for the first three years from founding a business. From the fourth year onwards, the company can enjoy the partial tax exemption like all other qualifying companies.
No currency control
Foreigners are allowed to own 100% of the stock in a company incorporated in Singapore without having any local shareholders or partners. There is also no limitation on profit repatriation and foreign currency can be brought into or taken out of the country without restrictions. This is one factor that makes Singapore especially attractive to large companies, who may face enormous taxes moving money otherwise.
A highly-skilled workforce
Singapore has a superior education system. Singaporeans are world-wide known for their hardworking and rule abiding nature.
Lack of corruption
Singapore is recognised by the whole world as the least corrupt country in the world.
State of the art FinTech ecosystem
Singapore has a strong fintech ecosystem that supports the creation of digital banking and financial platforms such as Aspire.
Singapore is the world’s fourth largest foreign exchange market, Asia’s second largest over-the-counter derivatives trading centre, and the region’s leading commodities derivatives hub.
High standard quality of Life
Singapore secures for its residents perfect public and private housing, high-quality healthcare, and a safe environment.