The Political Atmosphere Is Positive
Next, take a look at the political atmosphere of the country. Unlike many others in the region and throughout the world, you will not find the same level of insecurity and unrest. In fact, Singapore is rated as the most stable of all Asian countries when it comes to politics. That can give you a sense of peace of mind!
What About The Business Component?
Think about running your business here. First, you get access to a top-rated workforce that is growing and doing well. Your tax rates are affordable compared to most other countries. And, there are no concerns about dividend or capital gains taxes or estate, death, or inheritance taxes. With rates as low as 17 percent in some cases, that makes this a financially sound move to make. All you would need to go is acquire a registered address at a good location, get your company incorporated and you’re nearly ready to commence business operations.
The Economy Is Strong
Of course, your business needs to be able to make money here. The good news is that it can. Singapore has a respectable economy that is growing. This is a significant advantage over many would-be safe countries in Europe, for example. If you are looking for a place to provide services, this country offers a number of reasons to do so. Any corporate entity that you establish in Singapore has a high change of thriving. This is a great place to build your business profile as you work on gaining momentum for your success.
When you pull all of these things together, it makes sense to make registering your business in Singapore a priority for you. The entire process of making this move is not hard to do either. If you have thought about making the move, but worried about the process, think again. You will find this process is one of the best overall decisions you can make for right now but also for the long term growth and development of your company.