SingaporeSingapore is a country situated in SoutheastAsia. Singapore is an island country made upof 63 islands. Singapore has over 5 millionpopulation. Singapore is the perfect blend ofWestern and Asian culture.
Why Singapore!● Singapore is rated #1 in the world by World Bank for ease of doing business.● Singapore is ranked the third wealthiest nation in the world by Forbes magazine.● Singapore has been ranked as the third most globalized economy among 60 of the world’s largest economies in the recently released Ernst and Young 2011 Globalization Index.● Singapore is rated #1 as the most politically stable country in Asia.
Tax System of Singapore● Corporate tax rates are about 8.5% up to $300K profits and a flat 17% above that there are no dividend or capital gains taxes in Singapore.● There is no estate/death/inheritance tax in Singapore.● Personal tax rates start at 0% and max out at 20% above $320K.
Immigration & RegistrationRegistration Process: You can register your businessin less than three days. It just takes S$315 to register abusiness in Singapore.Immigration: Singapore has most favorable andflexible immigration rules and you can apply forSingapore Entrepass which is fairly easy to get.Workforce: Singapore has educated and qualifiedworkforce which is essential for business.Business Environment: Singapore is known for itsbusiness which is capable of attracting foreigninvestments.
Singapore EconomyEconomy: Singapore economy doing well evenother countries suffering from recession.Per Capita Income: Singapore has the highestaverage per capita annual income after Tokyoamong the 12 cities featured in the World CitiesCultural Report 2012.
Other Factors● Culture: Modern, westernized environment helps people from world over to easily adapt to the culture.● Language: Wide use of English as the main language is appreciated and attracts foreigners.● Safety: Scoring high on safety and has low crime rates makes the people feel safe.● Environment:Clean and healthy environment to live.
More Information: There are several different types of entitywhich will influence the legal liability of thecompany and tax benefits. One-Visa will guideyou to make the right choice to ensure yourmaximum benefits. For more info visit:http://www.one-visa.com