SINGAPORE AS A REGIONAL FINANCIAL HUB
Singapore is a famous regional financial hub in the world, it has very developed finance industry and strong ecosystem, one that integrates infrastructure players along the whole value chain – multilateral banks, private financiers, lawyers, accountants, engineers and other professional services.
In recent years, Singapore is more and more attractive by high-net-worth individuals from all of world.
WHY IS SINGAPORE A TOP REGIONAL FINANCIAL HUB IN THE WORLD?
1） Competitive economy
In May 2019, IMD issued the last World’s most competitive economies and Singapore ranked first, efficient government and transparent regulatory environment are cornerstone of Singapore’s success.
Singapore has first class educational system in the world, that’s why more and more investors willingly to bring their family to live here.
The financial sector is an integral part of Singapore’s ambition to be a smart nation, MAS is creating a Smart Financial Centre through FinTech and innovation. Family office and Variable Capital Company (VCC) are typical cases for financial products’ innovation in Singapore
4) Low taxation
In Singapore, Many financial products can enjoy tax incentives, even it is a free tax exemption for some particular products. All of these are for regional top financial hub objective.
As a local corporate services providers, we can do following works in financial industry within our capacities:
- Fund management company’s incorporation and license application.
- Variable Capital Company ( VCC) registration.
- Family Office registration and maintenance.
- Tax services on above financial products.