Our Presence
Singapore
Singapore is a global business hub that offers a business-friendly environment, an attractive tax system, global connectivity, and state-of-the-art infrastructure. It caters to financial institutions and businesses in various sectors, such as wealth and asset management, foreign exchange and derivatives, insurance and risk financing, fixed income, infrastructure finance, FinTech and innovation. Singapore’s investment and trade policies make it the most competitive Asian country and the world’s easiest place to do business. It has the world’s busiest port and is a prime location for investments in the Asia Pacific region
What sets Singapore apart
- 1st for the world’s best business environment
- 1st for developing human capital in the world
- 1st for the best global innovation in the Asia-Pacific
- 1st for ease of doing business in the Asia-Pacific and 2nd in the world
- 1st for the most talent-competitive country in the Asia-Pacific
- Tax treaties with over 90 countries
Features of Singaporean Companies
- 100% foreign ownership allowed
- A minimum of 1 shareholder
- A minimum of 1 local resident director
- 1 local secretary required
- A minimum paid up capital of S$ 1.00 required
- No physical presence required for set-up
- No foreign exchange control
- No restrictions on repatriation of capital & profits
- No (0%) capital gains tax
- Accounting records must be kept for 5 years
- Registration of VAT (GST) if annual turnover exceeds S$ 1 million
- Appointment of an auditor unless company qualifies for audit exemption