Singapore offers the option for foreign investors and entrepreneurs to form an offshore company. An offshore company is a type of company, which is incorporated in a jurisdiction that is different from where it operates from. In other words, the company is incorporated in a different country from where the principal investors of the company reside.

Foreign companies relocate to Singapore for a numerous of reasons. On top of country providing some of the lowest tax rates, Singapore is also a key gateway to ASEAN countries. Singapore’s business-friendly policies also make Singapore an attractive destination for companies to set up and run business operations.