• International brand image enhancement
• Foreign trade B2B and cross-border e-commerce companies are more likely to gain the trust of local partners and customers.
• No foreign exchange controls
• Low cost, simple post-maintenance, simple and quick registration
• Member of ASEAN, WTO, Commonwealth and Asia Pacific Economic Cooperation.
• A global financial center, with a high degree of trade freedom and a good geographical location, it is recognized as a low-tax paradise in the world, with only one corporate profits tax of 17%, a convenient business environment, few obstacles to investment and entrepreneurship, and can also accumulate credibility for family members to immigrate and study abroad.
• Tax Exemption: For the first 3 years of the start-up company’s establishment, the first 100,000 SGD corporate profits are fully exempt from income tax
• Low tax rate: corporate income tax rate of SGD 100,000 to SGD 200,000 is based on 8.5%
• Audit Exemption: Annual sales below S$10 million SGD, Audit Exemption
• Offshore exemption: overseas dividends, overseas branch profits, and overseas service income are all exempt from offshore