With the shift of the world economy to Asia, Singapore is poised to be one of the leaders in financial services. There are many advantages that Singapore has and some of them have to do with taxes and also her position in the region and also her history.
As a colony of the British Empire Singapore is a primarily English speaking population, this makes global business very easy for the westerners and also when it comes to the native language of many. The locals are also well versed in Tamil and Chinese since a large number of locals are actually immigrants from India and China.
This makes Singapore a good place to start for those who want to enter Asia. Singapore is also great for tax savings with many leverages that one can get based on the when one starts a private limited company in Singapore. The capital taxes here are also zero when you invest in capital gains in Singapore. This is something very favourable for those who want to buy property or invest in businesses and hoping to earn the capital gains.
Virtual offices are a good way to start a business in Singapore, if you are not based in Singapore, you can still have a Singapore office address in the central business district location. This would mean that customers will be able to see that your registered address is a Singapore prestigious address and be able to trust that you can deliver for business.
Virtual office services also allows mails to be send to that address before the mail is send to your location overseas. This makes running a Singapore company a lot better for a foreigner who is not based in Singapore. Virtual offices can be located around the country but nothing is more prestigious than to have a central business district address that gives you the privilege of the address and the pride that comes with the address.
Virtual office services are the best for founders that are starting up or new to the country and all should consider them.