Singapore is a prime destination for businesses and investors. It boasts excellent connectivity, a robust economy at forefront of innovation. Singapore’s government is friendly and pro-business. The legal and judicial system is transparent and independent. Corporate governance is ingrained in the business culture, and corruption is almost non-existent. There is no capital gains tax, dividends tax, estate tax or inheritance tax.
Reasons to do business in Singapore include:
- A pro-business, open economy
- Safe, clean and sustainable
- Excellent infrastructure and connectivity
- Efficient business environment
Doing Business in Singapore
Like all markets in Asia, Singapore has unique business and cultural traits that shape a company’s experience in the city. To avoid any unintentional faux pas and to make life easier, here is a list of important facts about doing business in Singapore:
- Tax obligations
- Types of visas
- Registering businesses
- The Central Provident Fund (CPF)
- Employment considerations
- Business etiquette
How Tricor can help in Singapore
Tricor’s comprehensive service offerings in Singapore include accounting and tax services for multinationals and small and medium enterprises; corporate governance, administration and secretarial services for both listed and non-listed companies; investor and share registry services; human resources and payroll services; and corporate trust and debt services.
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