SINGAPORE OFFSHORE COMPANY INCOPORATION
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Establishing an offshore company in
SINGAPORE
As an investor in perpetual pursuit of tax optimization strategies, you’ve likely pondered this question repeatedly. Singapore stands out as a small yet highly reputable country. This nation has long been recognized as a premier financial hub, providing an ideal environment for both small and medium-sized enterprises as well as startups.
Establishing an offshore company in Singapore
Setting up an offshore company in Singapore opens the door to a tax regime that promotes international trade, with profits earned from overseas sources being tax-exempt. Moreover, the income tax structure entails 0% for the initial 100K, 8.5% for the subsequent 200K, and 17% thereafter.
The process of company formation in Singapore is expedited and uncomplicated in comparison to other jurisdictions. Upon submission of all requisite documents, establishing an offshore entity in Singapore can be completed in just one day.
The predominant business structure among foreign entrepreneurs in Singapore is the “private company limited by shares,” denoted by the suffix “Pte Ltd,” akin to an LLC.
Mundo Offshore stands ready to assist you in the establishment of your offshore venture in Singapore. With a dedicated team of tax professionals specializing in foreign company formation, we provide comprehensive guidance and support throughout the setup process.
Singapur
Singapore, nestled in Southeast Asia, is a city-state covering 714 km2, spread across 64 islands, the primary one being Pulau Ujong.
Perched on an island at the southernmost tip of the Malay Peninsula, Singapore is flanked to the north by the Johor Strait and to the south by the Singapore Strait.
Earning the top spot as the country with the most favorable business environment in the Asia-Pacific region, Singapore has even outpaced the United States in the Global Competitiveness Index (The Global Competitiveness Report, 2019).
As a member of ASEAN, Singapore enjoys the benefits of free trade in goods and services with Brunei, Cambodia, Indonesia, Laos, Malaysia, Hong Kong, the Philippines, Thailand, and Vietnam.
Singapore, alongside South Korea, Taiwan, and Hong Kong, forms one of the “Asian Tigers,” a term coined in the 1980s to underscore the rapid economic advancement of these four nations. It boasts a thriving and contemporary economy, marked by an open and corruption-free atmosphere, stable prices, and one of the highest GDP per capita globally.
SERVICE FEE FOR SINGAPORE COMPANY FORMATION
Set up within 24 hours.
Fully online.
Anonymity assured.
USES OF AN OFFSHORE COMPANY IN SINGAPORE
ADVANTAGES OF SETTING UP AN OFFSHORE COMPANY IN SINGAPORE
COMPANY FORMATION IN SINGAPORE MAIN CHARACTERISTICS
Formation timeframe
1 - 2 working days
Type of business entity
Pte, LTD
Corporation tax
0 – 17%
ISO standards management
Available
Guidelines for financial performance of transfer price and other considerations
Shell company, Commercial entity, Holding company
Information on shareholders
Available
Directors information
Directors information
Nominee Services
Available
Accounting
Bookkeeping annual accounts
Financial License