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Why Singapore is Widely Recognized as the Global Hub for Businesses?

Published on April 27th, 2017 by in Blog

‘Comfortably diverse’, ‘safe living environment’, ‘innovative business community’ ‘stable lifestyle with low taxes’ are some of the phrases used to describe Singapore. Singaporeans once lived in a world where few countries enjoyed economic prosperity and simply watched them with envy, wishing to have the same trading opportunities. But today, Singaporeans live in a global economy and Singapore serves as an international hub where all countries can participate in the trading of goods and services that occurs on a global scale. Singapore company incorporation act also makes Singapore company registration, subsidiary company registration, and Singapore branch registration simpler and easily accessible.

Few Interesting Facts on Singapore

  • Rated by the World Bank as the number one place to do business with ease.
  • Ranked by Forbes magazine as the third wealthiest nation in the world.
  • Singapore is the number one politically stable country in Asia.
  • It is also rated as the number one country to have the best labor force in the world and quality of life.
  • There are no dividend or capital gains taxes, estate taxes, death taxes, inheritance taxes in Singapore.
  • The maximum personal tax in Singapore is 20% above $320K
  • Singapore has free trade agreements, investment guarantee agreements, and more.
  • Singapore has strict enforcement laws and strong intellectual property laws to protect your ideas and innovations.

Are you a businessman looking to incorporate your company in Singapore? Singapore has got a great strategic location in Southeast Asia which gives your business access to a market of 2.8 billion people. It has also got an amazing open immigration policy to get work visas and to gain permanent residency status for entrepreneurs.

So, why wait? Take advantage of these amazing opportunities in Singapore to build a business that provides high level of productivity. Visit https://www.singapore-company-registration.net/ for Singapore company registration.

 
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