Immigrating to Singapore to start a business

Because of its superior geographical environment and government policies, Singapore is called "Asia's business paradise", attracting more and more foreigners to invest and start businesses here. Singapore's registered company has a simple process and quick approval, which is convenient for entrepreneurs to invest and start businesses. So what are the advantages of registering a company in Singapore? What is the specific process? Bian Xiao Today presents you with a comprehensive strategy for companies registered in Singapore.

1. What are the advantages of registering a company in Singapore?

1. Flexible mode of operation: Set up a Singapore company to operate both local and offshore businesses.

2. Excellent corporate reputation: The Singapore government has a strict registration examination and approval system for registered Singapore companies, which requires at least one local director in Singapore as a guarantee, and the subsequent company maintenance also has a corresponding strict system. This measure ensures that Singapore companies enjoy a good corporate reputation.

3. Legally evade heavy corporate tax: Singapore companies only need to declare corporate income tax once a year, and the tax rate is only 17% (which can be partially exempted); In addition, Singapore Economic Development Board, International Enterprise Development Board, Tourism Bureau, Inland Revenue Department and other government departments have provided a number of tax concessions and relief measures.

4. Advanced financial system: Singapore has no control over the foreign exchange and repatriation of corporate capital and profits, so the depth and liquidity of the capital market help enterprises to raise funds more easily.

5. Open economic policy: Singapore companies can benefit from the open policy encouraged by the government, so international traders can buy and sell goods freely without protectionist measures and barriers; The Singaporean government has signed free trade agreements (FTA) and investment guarantee agreements with many countries, including China, Japan, South Korea, the United States, India and 10 ASEAN countries.

6. Global business hub: Singapore is located in the fortress of Malacca Strait and is a world-class land, sea and air transportation hub; Companies headquartered in Singapore can make full use of the integrated infrastructure of land, sea and air to connect the world and send goods and services to any place in the world.

7. Possibility of listing and financing: Singapore companies can be listed on the Singapore Stock Exchange and raise funds in the international capital market, such as China Aviation Oil and China Ocean Shipping Investment.

8. Possibility of immigrating to Singapore: Through the actual operation and tax payment of the Singapore company, the shareholders of the company can get the opportunity to immigrate to Singapore for the whole family, and realize the benefits of both business and immigration.