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Overseas entrepreneurs who are interested in taking advantage of Singapore’s extremely friendly business laws and liberal taxation regime and want to apply for Singapore company incorporation can do so without even setting foot in the country.

As per Singapore laws, an entrepreneur with a good track record or a good education background can go for a Singapore company registration from their current country of residence with the help of a Singapore based professional incorporation services firm.

After completing the company formation, the entrepreneur can choose to either manage their business in Singapore from overseas or relocate to the country to operate their business. However, if you wish to take advantage of all the benefits and tax incentives on offer by the Government of Singapore to locally based companies, it is advisable to move to Singapore on an employment or entrepreneur visa and manage the business from the country itself so that it can be treated as a local company.

Entrepreneurs can have 100% foreign ownership in Singapore companies and Government of Singapore does not differentiate between companies that are owned by Singapore citizens or foreign residents.

Singapore is one of the rare countries which make it extremely simple for an overseas entrepreneur or even an investor to register a company in the country and commence operation almost immediately without have to go for any other additional licenses.