Singapore provides many business-friendly tax benefits as an incentive for companies to register in the country.
Singapore-incorporated businesses can take advantage of a generous start-up tax scheme.
In terms of shareholding, Singapore company shareholders can enjoy 0% tax on dividends and capital gains.
Singapore has also signed DTAs with over 50 countries, including China, Japan, Canada, France, and the United Kingdom.
Singapore has a thriving investor community that makes it easier to raise capital.
Private companies in Singapore can be entirely foreign-owned.
The rules and procedures for opening a bank account and conducting other business transactions are simple.