Singapore's foreign ownership policy is flexible, allowing non-residents to fully own the equity (100%) of Singapore companies across all sectors. This policy opens up more opportunities for forming companies in Singapore.
Singapore is known for its low taxation rates for businesses. The corporate income tax rate is 8.5% for profits up to S$300,000 and 17% for profits above S$300,000. Singapore company formation enjoys exemptions from taxes such as capital gains tax, value-added tax