Why do foreigners like to set up companies in Singapore?

Advantages of registering a Singapore company:

1. Build an international brand, and improve the international popularity and competitive advantage of enterprises;

Gradually establish and build international brands and trademarks of enterprises, protect intellectual property rights, and improve the competitive advantage and vitality of enterprises.

2. Enjoy Singapore's low tax rate (Singapore 0%- 17%) and realize international legal tax avoidance (for offshore business);

A. For local business in Singapore, enjoy 0%- 17% income tax.

B. Use Singapore companies to operate offshore business (for example, countries or regions outside Singapore can enjoy income tax exemption in Singapore), so as to realize international legal tax avoidance.

Therefore, Singapore companies can be used for both local business operations and offshore business operations in Singapore.

3. Realize asset internationalization, enterprise internationalization and value-added:

Singapore will acquire domestic enterprises, or set up Sino-foreign joint ventures, cooperative ventures or wholly-owned enterprises in China, or set up representative offices to realize internationalization and asset appreciation of international enterprises.

4, enterprise business transformation, domestic trade into foreign trade, processing into production, export, trade integration, and get more tariff concessions:

Easily realize export tax rebate and import processing bonded, so as to maximize the interests of enterprises.

5. Easier access to international capital support opportunities, and easier financing and investment;

The Singapore government supports Singaporean enterprises to "go global" and gives financial and tax support. In addition, Singapore's financial or investment institutions also actively support enterprises, making it easier for Singapore enterprises to obtain international financing and guarantees.

6, entrepreneurs get the opportunity to immigrate and settle down, and gain the added value of individuals and families:

There are actual business operations and taxes in Singapore, and entrepreneurs can also get opportunities for their families to move to Singapore, and then get green cards, successfully immigrate, and realize the value-added of enterprises, individuals and families.