Nowadays, many ventures that required days to complete before can now be finished within an hour. Vast physical distances between people are technologically shortened by means of mobile phones, emails, public networks, teleconferencing and video-conferencing. The trends in communications technology have largely influenced globalization through barriers of space and time.
With the development of technology and the rapid improvements of world economy, globalization led many investors and entrepreneurs to set up their businesses overseas in international locations like Singapore. This gives them a strategic position in an international market and are in a position to obtain the tax benefits offered by foreign countries. Singapore is an ideal option because it scores high in these two points.
Singapore has a wide-ranging air and sea linkage with the rest of the world. It is the world's number one in the maritime industry, and the world's busiest shipyards. Its association of airlines covers over 180 cities and fifty countries, surrounding around 2.8 billion of the world population, all within a 7-hour flight radius! That's a powerful advertising highlight of your business in Singapore!
Singapore is top three among the world's easiest places to do business; the world's most competitive economy, the world's most cost-competitive place for business, the world's best business environment, the world's freest economy, the world's most globalized country, and the world's best investment decision potential! The government provides full tax exemption on the first three-year profit for newly incorporated companies whose earnings are up to $100,00.00. For revenues ranging between $100,001.00 toward $300,000.00, the tax rate is 8.5%; and for profits $300,001.00 and upwards, the tax percentage is 17%. Now, beat that!
Besides international connectivity for its strategic location, a pro-business atmosphere, and appealing tax provisions, other advantages of incorporating in Singapore include liberal migration policies, highly skilled as well as talented local workers, world class infrastructure, competent legislation, high standard of living, and responsible as well as stable government. Bring your business to the next level in Singapore!
With the development of technology and the rapid improvements of world economy, globalization led many investors and entrepreneurs to set up their businesses overseas in international locations like Singapore. This gives them a strategic position in an international market and are in a position to obtain the tax benefits offered by foreign countries. Singapore is an ideal option because it scores high in these two points.
Singapore has a wide-ranging air and sea linkage with the rest of the world. It is the world's number one in the maritime industry, and the world's busiest shipyards. Its association of airlines covers over 180 cities and fifty countries, surrounding around 2.8 billion of the world population, all within a 7-hour flight radius! That's a powerful advertising highlight of your business in Singapore!
Singapore is top three among the world's easiest places to do business; the world's most competitive economy, the world's most cost-competitive place for business, the world's best business environment, the world's freest economy, the world's most globalized country, and the world's best investment decision potential! The government provides full tax exemption on the first three-year profit for newly incorporated companies whose earnings are up to $100,00.00. For revenues ranging between $100,001.00 toward $300,000.00, the tax rate is 8.5%; and for profits $300,001.00 and upwards, the tax percentage is 17%. Now, beat that!
Besides international connectivity for its strategic location, a pro-business atmosphere, and appealing tax provisions, other advantages of incorporating in Singapore include liberal migration policies, highly skilled as well as talented local workers, world class infrastructure, competent legislation, high standard of living, and responsible as well as stable government. Bring your business to the next level in Singapore!
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