Singapore offshore company registration

Singapore offshore company registration gives you access to a tax system that promotes international trade, since  profits generated outside the territory are exempt from taxes. In other cases, corporate income tax is 0% for the first 100 K, 8.5% for the next 200K and 17% for the rest.

The most common type of company in Singapore is the private company limited by shares, recognisable by the suffix “Pte Ltd”. This is the equivalent of the Spanish ‘sociedad limitada’ (SL) or limited liability company.

Mundo Offshore are your international advisors for the formation of your offshore company in Singapore.   We have a professional team of experts ready to establish your company in Singapore.

Singapore

Singapore is a sovereign island nation of Asia, made up of sixty-three islands, and whose form of government is the parliamentary republic. Its territory is divided into five community development councils. Its capital is Singapore City, which is why Singapore is considered a city-state. Singapore lies to the south of the state of Johor in Peninsular Malaysia, and to the north of Indonesia’s Riau Islands from which it is separated by the Singapore Strait.

Singapore is the smallest country in Southeast Asia. Its territory has expanded consistently  via a process of land reclamation.

Singapore, along with South Korea, Taiwan and Hong Kong, is one of the four Asian ‘dragons’, so-called as these countries have been experiencing robust economic growth since the 1980s. It has a prosperous and modern economy, characterised by an open and corruption-free environment, stable prices and one of the highest GDPs per capita in the world

Service fee for Singapore company formation

Done within 3 working days.

100% online.

USES OF AN OFFSHORE COMPANY IN SINGAPORE

  • INTELLECTUAL PROPERTY

    A good choice for managing and collecting commissions or royalties related to intellectual property.

  • FINANCIAL INSTITUTION

    Companies that operate in the financial field need to obtain a license.
    Singapore is one of the top countries that attract investors who want to create a payment institution and/or cryptocurrency company.

  • INVESTMENT FUND

    A country among the top 10 with a highly developed capital market and financial systems, to offer advantages and facilities for the creation of private investment funds.

  • Holding

    A holding is a parent company whose purpose is to bring together partners or shareholders who wish to acquire a significant influence in other companies.

  • INTERNATIONAL TRADE

    A favorable and suitable jurisdiction for carrying out activities such as e-commerce, import/export, and/or professional services, with income tax exemption.

ADVANTAGES OF SETTING UP AN OFFSHORE COMPANY IN SINGAPORE

  • Capital

    No capital release requirement when setting up a company.

  • ACCOUNTANCY

    Mandatory annual balance sheet filing. Invoices must be kept for a minimum period of 5 years.

  • RESIDENCE

    No restriction on residency or nationality of shareholders and/or directors, but minimum one resident director and one secretary in Singapore.

  • CORPORATE TAX

    Exemption from income tax, capital gains tax and inheritance tax.
    The profit tax is around 17% with the possibility of a partial exemption.

  • CONFIDENTIALITY AND STABILITY

    Flexible legislation that is not considered a tax haven, politically stable, with a modern vocation and bureaucratic ease.

Singapore company registration

Company formation in Singapore main characteristics

Formation timeframe 3 working days
Type of business entityPrivate limited company
Corporation tax0% – 17%
ISO standards managementAvailable
Guidelines for financial performance of transfer price and other considerationsShell company
Information on shareholders Not available
Directors informationNot available
Nominee ServicesAvailable
AccountingBookkeeping annual accounts
Financial LicenseAvailable

Looking to start your own Singapore Offshore Company?

Book your appointment with our team of experts.