What are the advantages of setting up a Singapore company?

The advantage of establishing a Singapore company are as follow:

1. International entrepot trade center:

Superior geographical location, efficient and convenient port and air transport industry, developed financial service system and safe political and social environment;

2. Internationalization of assets:

The gathering place of global banks, an international financial center that cannot be ignored, a developed private banking system, and a safe and reliable choice of fund insurance products;

3, enterprise internationalization and value-added:

Singapore companies have no restrictions on sensitive technology trade with the United States, Europe, Japan and other countries, and have no restrictions on investment in resource industries in Australia and other countries. Singapore merges domestic enterprises, or establishes Sino-foreign joint ventures, cooperative ventures or wholly-owned enterprises in China, or sets up representative offices to realize the internationalization and appreciation of asset internationalization enterprises;

4. Advantage tax rate:

The taxes are simple and clear, the income tax rate is only 17%, and there are many preferential tax policies. According to the calculation of professional tax agents of Hengxin Taifu, the actual comprehensive tax rate of some enterprises is only 0-8%.

5. Exemption from double taxation:

Singapore has signed agreements with more than 50 countries, including China, to avoid double taxation. It is more convenient for overseas investment to return to China;

6. Build an international brand:

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

7. Investing in ASEAN:

Singapore is a core member of ASEAN, and it has more advantages to invest in ASEAN through Singapore.