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Why Singapore?
Singapore is renowned for its favourable business environment and offers numerous advantages for entrepreneurs and multinational corporations.​
Advantages
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Low Corporate Tax
Singapore boasts a relatively low corporate tax rate, currently set at 17%, making it an attractive destination for businesses looking to minimize tax liabilities.
R&D & Intellectual Property Hub
Overseas companies can leverage Singapore as a hub for research and development as well as managing their intellectual property rights effectively.
Strategic Location
Within a six-hour flight radius, Singapore covers half of the world's population, providing businesses with a vast and accessible market.
No Foreign Exchange Controls
Singapore does not impose foreign exchange controls, allowing investors to manage foreign exchange risks more effectively.
International Financial Centre
Singapore is a hub for major global banks, establishing itself as a leading international financial centre, offering diverse financial services.
Attractive Talent Pool
Singapore attracts a significant number of international talents, contributing to the long-term growth and development of businesses.
Mature Credit System and Strict Business Standards
Singapore has a mature credit system and enforces strict business standards, ensuring a secure and reliable business environment.
Strategic Trade and Logistics Hub
Positioned at the crossroads of key trade routes in Asia, Singapore serves as an excellent trade and logistics hub, facilitating efficient global business operations.
Transparent Governance
The Singaporean government promotes transparency and upholds world-class standards, minimizing corporate governance risks for businesses.
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Tax Treaties
Singapore has signed over 70 tax treaties with other countries, effectively controlling operational costs for businesses.