Incorporate in Singapore
Reputation - The ‘above board’ reputation of a Singapore company facilitates hassle-free opening of corporate bank accounts in Singapore, and all over the world. Additionally, Singapore banks offer excellent Letters of Credit (L/C) support to Singapore companies engaging in international trading. However, your Singapore company will need to have a personal banking relationship for at least 3 years with the Singapore Bank in order qualify for any credit facilities.

Tax Advantage - Singapore's taxation structure & incentive schemes have been put in place to help companies grow their business, such as:

• The first S$100,000 nett profit (of a Singapore exempt private company), for the first 3 years from the date of company’s incorporation, is tax-free. And in order to qualify for this tax exemption, at least 10% of the shares must be hold by an individual shareholder.
• Legal Tax Minimization - Offshore income earned outside Singapore is not subject to local tax, if not remitted back to a Singapore Bank. Thus, a properly structured Singapore company is the perfect entity to book international profits in a wholly legal manner – and not via tax avoidance or tax evasion schemes.
• Singapore has formed double taxation treaties with a network of over 60 countries, including powerful economic nations such as the US, China, Japan, UK, Canada, France and Germany.
• The corporate tax rate is 17% and the maximum income tax rate is 20% .
  
  

What you get in a Standard Company Pack

• Private Limited Company formed with the name of your choice
• Certificate of Incorporation (Electronic print out)
• First Board Meeting Minutes
• Memorandum & Articles of Association (4 Sets)
• Company Share Certificates
• Company Stamp (self-inking)
• Common Seal