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Welcome to HIS OCS Singapore

Overview of Singapore

Why Singapore

Here are 5 reasons to choose Singapore as a place for your expansion.

Singapore remains a very attractive place for foreigners to set up business as it allows 100% foreign ownership of Singapore incorporated companies with no minimum share capital requirements. The setting up process are easy and straightforward process as there are no restriction on the movement of foreign currency into or out of the country.

Located in the heart of Southeast Asia, providing convenient access to major markets such as China, India, Japan and Australia. It is one of the busiest ports in the world & classified as International Maritime Center.

Labour force is recognized for being highly educated, productive and hardworking. Singapore’s liberal immigration policy attracts foreign talent, who bring with them extensive knowledge and expertise.

Low crime rate due to strict law enforcement.

Low tax rate at 8.5% (profits for up to SGD$300,000), 17% (profits above SGD$300,000). There are no tax on capital gains and dividends. Furthermore, the Foreign-sourced income is exempted from tax as long as it is subjected to tax in a country with a headline tax rate of at least 15%. Singapore also has 50 bilateral comprehensive tax treaties to help the companies minimize their tax burden.

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