To improve Singapore, known for business, here are some features which will convince you to invest into our Lion land.
- Attractive Tax Incentives in Singapore
Singapore’s government provides a range of tax incentives to attract foreign investors, including schemes like Corporate Income Tax, Double Tax Deduction for Internalization, and Tax Exemptions.
- International Ranking
In 2019, Singapore was recognized as the #1 best business environment in the Asia Pacific and the world by The Economist Intelligence Unit. It also topped the Global Competitiveness Index 4.0, surpassing the United States, as per The Global Competitiveness Report, 2019.
- Singapore Company Formation
When compared to other countries, Singapore stands out for its company formation process’s ease and efficiency. By submitting all the required documents, you can complete the process in just one day. Additionally, applicants, including foreigners, can conveniently submit their forms online.
If you’re interested: Company Formation Services in Singapore
- Trade Agreements
Singapore is a strong advocate of free trade and actively engages with the global economy. It has established a network of over 20 bilateral and regional Free Trade Agreements (FTAs) and 41 Investment Guarantee Agreements.
- Government Policies
Singapore has gained renown for fostering a business-friendly environment and implementing supportive policies for entrepreneurs and investors. The government continually improves its policies to bolster business growth.