Singapore Ranked As Most Friendly Offshore Business Destination
Numerous factors have led to Singapore becoming the leading investment hub. Analyzing them will give proper understanding of the current situation and the future chances in Singapore.
- (1888PressRelease) May 31, 2011 - Singapore - Recent studies on the growing world economies clearly indicate Singapore as one of the most prominent investment destinations. Such reports highlight the growing interest of foreign companies,finding perfect opportunity in Singapore. In fact most of the offshore companies are thinking about opening representative offices, company branches or even a complete relocation to this much eyed destination.
Quick Speculation - Factors Kindling Foreign Investment in Singapore
Liberal Tax Rates - Focuses the Corporate Tax System followed in Singapore which includes 8.5% for Net income upto S$300,000 and a flat 17% above S$300,000 for the first 3 years of incorporation (conditions apply). Other benefits include GST at 7%, No Estate Duty and no tax on Capital Gains.More information about Singapore Visas is available at http://www.one-visa.com/other-services/business-incorporation/.
Fast Processing of Singapore Visa - which has opened gates for major businesses and trade investments here. The Singapore immigrations policies though stringent, have certain special privileges for foreign companies. New business setups would require Singapore Work Visa which has many classifications and benefits for foreign professionals. More information about Singapore Visas is available at http://www.one-visa.com/visa-options/.
Exceptional Scope for Expansion - The rebound after recession has been brilliant in Singapore. Being past its nascent stage, the economy here is reaching the peak, nothing can better facilitate growth at this rate. Plus there are many new lucrative ventures which are still to be explored here.
Ease in Company Incorporations - Deemed as one of the most potential and favored relocation destination in Asia, Singapore is just the place to start a new venture. If you fact find, you'll find that the incorporation time for a company in Singapore is only one day with 100% Foreign Ownership. World Bank's survey ranked Singapore as "World's Easiest Place to Do Business", enhancing Singapore's stature globally.
Providing Excellent and Quality Living Standards - A city which offers an appealing environment in terms of infrastructure, housing facilities, health facilities, environment,transportation mediums and academic facilities. Moreover it ranked as number one among Asian countries in the survey done for Quality of Living by Mercer.
Highly Valued Legal system - Going by the stats, Singapore is the least corrupt nation of the entire Asia- Pacific region with low crime rate. Devoid from any red-tape; Singapore nurtures open and transparent governing policies.
Perfect Cost Competitiveness - Tremendous profit and boost can be availed by new business ventures with the cutting edge cost competitiveness present in Singapore. Much credit is given to Free Trade Policies, liberalization on import/export and timely maneuvering of the economy.
Easy Staff Relocation - Heading for a complete relocation with staff is easy, as Singapore visas offer liberal options. Ideal Singapore visa for staff relocation's would be Singapore Employment Pass which comes under the Singapore Work Visa. The processing and approval time could vary between four to five weeks. But one can always consider engaging prominent and efficient visa consultancy for speedy and assured approvals.
About One Vis Pvt. Ltd.
One-Visa has not only delivered world class visa services but also got visa approved for many. For successful visa applications in Singapore get in touch with One-Visa. They can be reached by phone at +65-64071579 or e-mail at info ( @ ) one-visa dot com. If you still require details about One-Visa visit their website http://www.one-visa.com.
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