Singapore is known for its clean and efficient government, strict rule of law, high social integrity, and openness to new things. Companies only need to focus on their own operations without worrying about other risks.
Clean and efficient government
Singapore is home to the top high-end universities in Asia and a hub for global talent. According to the 2019 global talent competitiveness index released by Adecco, the world’s largest talent service company, Singapore ranks second only to Switzerland in terms of talent competitiveness.
Significant talent advantage
Singapore is one of the world’s major shipping and air transport hubs and a natural transit point for international trade.
Superior geographical location
The top corporate tax rate is just 17%. Start-ups are also eligible for tax breaks for the first three years. The government encourages industries to enjoy additional policy support. Shareholders pay dividends tax-free.
Preferential tax policies
Singapore is open to foreign investment, which is different from other countries where local people are required to hold shares compulsively. Pure foreign enterprises can also participate in fair competition with local enterprises without investment threshold requirements.
Fair investment opportunities
Singapore is the world’s fourth-largest financial centre. It is the world’s third-largest foreign exchange trading centre with daily foreign exchange trading volume of $633 billion. Singapore has no exchange controls and its currency is freely convertible.
A developed financial system
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