Why set up a company in Singapore?

Companies registered locally in Singapore can get subsidies from the Singapore government.

Singapore welcomes entrepreneurs from all over the world to take Singapore as a springboard for strategic development and offer various preferential plans, such as regional headquarters plan, international headquarters plan and global trader plan. The tax rate is as low as 10%.

2. Improve the company's brand awareness

Singapore is one of the four international financial centers besides London, new york and Hongkong. Singapore is also one of the important service centers and shipping centers in Asia. Singapore is a member of the Association of Southeast Asian Nations, the World Trade Organization, the Commonwealth and the Asia-Pacific Economic Cooperation. Companies registered in Singapore can be quickly recognized by all countries in the world and establish an international brand image.

3. Tax exemption for international offshore trade

Singapore is one of the countries with the lowest tax revenue in the world, and Singapore companies do not have to pay taxes when operating overseas. Singapore has signed double taxation avoidance agreements with more than 50 countries, including China.

4. Conducive to global transnational trade and reasonable avoidance of trade barriers.

Singapore's free trade port policy is conducive to the re-export of products to Europe, America, Southeast Asia and other countries and regions through Singapore, avoiding trade barriers formed by some economic and political factors. Singapore is a member of ASEAN, 10 ASEAN countries have zero tariffs and free trade.

5. Increase the chances of emigrating to Singapore

Companies registered in Singapore operate onshore business, and entrepreneurs can get the opportunity for their families to move to Singapore as permanent residents, enjoy Singapore's high-quality education and national welfare, and realize the double value-added of enterprises and families.

6. Singapore companies have more freedom in naming.

Regardless of the registered capital, the Singapore government allows the company name to include the words international, group, holding, industry, investment, college, association, foundation and research institute. You can also add your favorite place name before the company name, as long as it does not duplicate the registered company name and does not conflict with the government's banned words. The company name in Singapore must be in English, and Chinese is not supported at present. The company name ends with PTE. Or limited company, which means private limited company.

7. The registered capital is unlimited.

The registered capital starts at S $65,438+0, and there is no upper limit, and there is no strict time limit for whether to fully contribute. Capital can be increased or decreased in the later period.

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