Singapore Company Formation FAQs

You may have nominee director(s) or shareholders(s) in your company formed and registered in Singapore. 

The Singapore Global Investor Programme, or SGIP, offers a path to permanent residency for high net-worth entrepreneurs looking to establish a presence in Singapore with the appropriate entrepreneurship and business background to get their application approved. Not only are the initial requirements are strict but there are also turnover targets you must meet to renew. If you would like to know more about the SGIP, have a look at this article.

Foreigners can own 100% of the shares in a corporate entity. 

Singapore has a significant number of tax benefits. There is a three-year moratorium on all profits that could be subject to taxation, as well as personal tax rates starting at zero per cent and capping at 20 per cent on quantities above $S 320,000. Along with the other perks associated with taxation, Singapore has double-taxation treaties with a number of countries including the United Kingdom, United Arab Emirates, France, Switzerland, Germany, South Africa, The Netherlands, Belgium, Australia, Switzerland and New Zealand.

Singapore offers offshore banking options to go along with your enterprise. 

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