Singapore: A Magnet for Global Entrepreneurial Wealth
Singapore continues to attract global entrepreneurs with its strong economy, pro-business policies, and family office incentives driving innovation and growth.
Alitium’s Singapore team is ready to assist you with your Singapore journey and needs. With its well-earned reputation for political and economic stability and a global financial center, Singapore is an ideal jurisdiction for international businesses looking to access the full economic potential of Southeast Asia. Investors have the peace of mind knowing that Singapore has strong intellectual property protection, business-friendly policies and regulation, and stringent anti-money laundering and counter-terrorism financing laws that will protect your funds and assets.
Singapore adopts a single-tier corporate tax system where dividends to shareholders are not taxed, and dividends remitted offshore are not subject to withholding tax. The current corporate tax rate is 17% for both foreign and domestic companies, with reductions in this rate for certain new and small businesses. There is no capital gains tax and Personal Income Tax is capped at 24%.
Singapore’s government actively attracts foreign investment through various programs and tax incentives, including:
Tax exemptions are available for new startup companies
Incentives for establishing regional headquarters and international expansion
Mergers and acquisitions (M&A) allowances are available
International headquarters award program and investment grants
Singapore’s 2025 Budget introduced a Corporate Income Tax (CIT) rebate of up to 50% of the corporate tax payable for all tax-paying companies, regardless of residency status, provided they meet the specified eligibility criteria.
Singapore continues to attract global entrepreneurs with its strong economy, pro-business policies, and family office incentives driving innovation and growth.
Singapore has established a comprehensive AML/CFT (countering the financing of terrorism) framework, mandating financial institutions to conduct risk assessments, customer due diligence (including KYC), transaction monitoring, and suspicious transaction...
Singapore has updated its work pass policies for 2025, including higher salary thresholds, levy changes, and COMPASS scoring. Compare Employment Pass, S Pass, and Work Permit requirements to better...
A practical yet comprehensive guide for organizations and businesses considering the establishment of a private limited company in Singapore - one of the world’s leading global business hubs. With...
Singapore also boasts favorable taxation policies for international investors, with nearly 100 double tax agreements (DTAs) and free trade agreements (FTAs) offering significant tax deductions.
Singapore has established a network of 27 Free Trade Agreements (FTAs) with strategic partners around the world. Notable FTAs include:
Along with multilateral agreements like the CPTPP and RCEP, which help Singapore businesses expand their markets, leverage regional supply chains, and tap into digital trade. These FTAs provide a competitive edge and support sustainable growth for Singapore enterprises.
Singapore’s top ranked education system assures foreign investors have access to a high-quality talent pool. Its Commonwealth roots signify the use of English as its primary working language, easing communication with investors and colleagues from other parts of the English-speaking world. At the same time, Mandarin Chinese is used extensively among the local population which is advantageous for business with connections or dealings with China.
Singapore is also a popular definition for family offices looking to secure and manage intergenerational assets and wealth. It is favoured by wealth owners for multiple reasons including the high quality of life with access to world-class education and healthcare, and strategic geographic location promising easy connectivity to the rest of the world.
Understanding Singapore’s company laws, licensing requirements, and ongoing reporting obligations is essential to avoid penalties and ensure smooth operations.
Familiarity with Singapore’s attractive tax system, VAT (GST), and applicable treaties can optimize your fiscal management. Proper planning is necessary to meet tax obligations and avoid costly errors.
Selecting the right ownership and management structure in accordance with local regulations impacts governance and future growth.
Establishing and managing bank accounts in Singapore involves compliance with anti-money laundering laws and efficient handling of international transactions.
Navigating work visa processes and employment regulations ensures legal and effective management of local staff.
Budgeting for setup, compliance, and ongoing maintenance avoids surprises and ensures sustainability.
Adapting to Singapore’s business culture and market practices is critical for long-term success.
Registering and enforcing IP rights in Singapore safeguards your innovations and competitive advantage.
We can assist you in structuring and coordinating your business entry into Singapore and the ASEAN region to ensure you achieve your corporate and commercial objectives.
Our Key Areas of Support For Your Singaporean Needs:
*Some services may be provided by our partners or associates, as licensed professionals in their specific jurisdiction(s)
Professional assistance to investors in Singapore.
81 Ubi Avenue 4 #09-18 UB. One Singapore 408830