2. Singapore
Singapore is a country situated in Southeast
Asia. Singapore is an island country made up
of 63 islands. Singapore has over 5 million
population. Singapore is the perfect blend of
Western and Asian culture.
3. 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.
4. 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.
5. Immigration & Registration
Registration Process: You can register your business
in less than three days. It just takes S$315 to register a
business in Singapore.
Immigration: Singapore has most favorable and
flexible immigration rules and you can apply for
Singapore Entrepass which is fairly easy to get.
Workforce: Singapore has educated and qualified
workforce which is essential for business.
Business Environment: Singapore is known for it's
business which is capable of attracting foreign
investments.
6. Singapore Economy
Economy: Singapore economy doing well even
other countries suffering from recession.
Per Capita Income: Singapore has the highest
average per capita annual income after Tokyo
among the 12 cities featured in the World Cities
Cultural Report 2012.
7. 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.
8. More Information:
There are several different types of entity
which will influence the legal liability of the
company and tax benefits. One-Visa will guide
you to make the right choice to ensure your
maximum benefits.
For more info visit:
http://www.one-visa.com