Saturday, September 04, 2010: Latest from our blog
Singapore’s hedge fund industry upbeatSingapore is witnessing a rise in the number of hedge funds that are being setup in the city indicating its favorable regime for the fund management industry. Following the central bank’s proposal in April to to exempt small hedge funds from the licensing requirement, there has been a sudden surge in the number of hedge funds that were set up in the... [Read full post]
Read more Latest Posts
Why Incorporate in Singapore?: Quick Facts
| World's Easiest Place to Do Business (Source: Doing Business 2010 Report, World Bank)
|
#1 |
| Most Open Economy for International Trade and Investment (Source: The Global Enabling Trade Report 2009, World Economic Forum)
|
#1 |
| Best Business Environment Worldwide (Source: Economic Intelligence Unit, December 2009)
|
#1 |
| World's Best Place for Intellectual Property Protection (Source: 2009-2010 Global Competitiveness Report)
|
#1 |
| Most Transparent Country in the World (Source: IMD World Competitiveness Yearbook, 2009)
|
#1 |
| Best Place to Live, Work, and Play in Asia (Source: Quality of Living Global City Rankings, Mercer 2009)
|
#1 |
Read more about Singapore advantages
Singapore Corporation Setup: Quick Facts
| 100% Foreign Ownership Allowed? |
Yes |
| Time to Incorporate a Company |
1 day |
| Minimum Share Capital |
S$1 |
| Minimum Shareholders |
1 |
| Minimum Directors * At least 1 director has to be local resident
|
1 |
| Company Secretary Required? |
Yes |
| Registered Office Required? |
Yes |
| Annual Tax Filing Required? |
Yes |
Singapore Taxation: Quick Facts
| General Corporate Tax Rate |
17% |
| Effective Corporate Tax Rate for Annual Profits of UpTo S$300,000 |
<9% |
| Tax on Dividends |
0% |
| Tax on Capital Gains |
0% |
| Tax on Foreign-Sourced Income |
0% |
| Personal Tax Rate |
0-20% |