TKEG Expat ™ (LU) Business Guide

Republic of Singapore

Corporate Services in Singapore

Financial Center of Asia

Thanks to the government's policy of positioning the country as open to trade, attracting foreign direct investment, and welcoming overseas companies, Singapore has become one of the financial centers of Asia, where many multinational corporations have established their headquarters. As the fourth largest financial center in the world, Singapore boasts the largest foreign exchange center in the Asia-Pacific region and the third largest foreign exchange center after New York and London. With so many international accolades, it's no wonder this country is referred to as the financial center of Southeast Asia.

Gateway to the World of Business

Situated at the heart of Southeast Asia, Singapore's port plays a crucial role. In fact, many Chinese and Australian manufacturers and trading companies have offices in Singapore, making it an outstanding commodity trading center in the region.

Primary Center for Offshore Wealth Management

Singapore, as an offshore wealth management center, attracts investors. A survey by the "Asian Private Banker" in 2018 revealed that 58% of individuals chose Singapore, followed by Hong Kong and Switzerland. This city is known for its stability, openness to international investment, and economic strength, making it the preferred destination for investors and foreign companies to invest in Singapore.

Tax System

The tax system of Singapore attracts foreign nationals and investors. Currently, Singapore does not have capital gains tax, estate tax, or inheritance tax. Investors can purchase paperless shares on the Singapore Stock Exchange without having to pay stamp duty. All Singaporean companies are subject to a uniform tax rate of 17%. Singaporean companies are eligible for various tax incentives and subsidies

Administrative Regions

01 - Central Singapore Community Development Council
02 - North East Community Development Council
03 - North West Community Development Council
04 - South East Community Development Council
05 - South West Community Development Council

Belonging Jurisdiction

Association of Southeast Asian Nations

ASEAN - Association of Southeast Asian Nations

Association of Southeast Asian Nations
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Republic of Singapore

SG - Singapore

Republic of Singapore
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Earth

WORLD - Global

Earth
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