Published: 23.12.2019 news
Form of government:A parliamentary republic with a dominant party
Currency:Singapore Dollar (SGD)
The Republic of Singapore is one of the most perspective states in respect of financial and economic development. This is provided by a number of prerequisites, among which the key ones are the territorial location, the competent conduct of internal and external political relations, as well as the rapid development of the economy with the involvement of foreign investors. Therefore, the offer of FBS-Tax.com to place your business in Singapore is a profitable and worthy choice in all respects. Let’s consider what advantages and prospects are offered to you by a Singapore offshore :
- The state is a commercial and investment center of South Asia, as well as the founder of a powerful economic organization of ASEAN.
- The legislation of the country maximally promotes confidentiality.
- The government of Singapore allows the use of nominal service in order to attract the interests of foreign investors
- Exemption from taxation of companies that operate exclusively outside the territory of the country.
- Lack of currency control and restrictions on the movement of assets to/from the territory of the state.
- The state actively supports offshore business, providing a whole group of benefits to foreign investors.