5 simple steps are needed to incorporate your company in Singapore
Singapore Offshore Company Formation
Main Characteristics of a Singapore Offshore Company
No taxation on the profits earned abroad or from financial securities however a company is liable to pay tax in Singapore on income that is:
- accrued in or derived from Singapore; or
- received in Singapore from outside of Singapore.
Under Section 10(25) of the Income Tax Act, income from outside Singapore is considered received in Singapore when it is:
- remitted to, transmitted or brought into Singapore;
- used to pay off any debt incurred in respect of a trade or business carried on in Singapore; or
- used to purchase any moveable property brought into Singapore (e.g. equipment or raw materials connected to your business).
One of the directors must be resident in Singapore.
Singapore Offshore Company, ideal for:
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
Our Client Reviews
Our Testimonials Are Verified By Feefo, A Third Party Company
Very professional service ! I highly recommend SFM, and I do it for all my clients.
They are able to give the best advices and open the right doors for your business.
Thank you SFM Team 🙏
SFM has incorporated an offshore company for me in a timely manner and managed to open a bank account for the company as well. Their services were exceptional.
Anna Hochberg have gone above and beyond and I'm truly grateful for her services, support and efforts.
Les responsables du la clientèle sont à l'écoute et disponible
Good services and very comfortable!
Our client relationship manager was very helpful in helping us navigate the pre-incorporation due diligence process, and our inquiries were answered in a timely manner.
Excellent service with full support throughout the process, with quick and clear communication at all times.