Read about business opportunities in Singapore examined from the Indonesian entrepreneur’s standpoint. We answer the questions that foreigners normally ask and explain the rules in simple words.
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Singapore corporate tax rate is 17% flat for foreigners and locals. The government supports startups with exemptions. And Singapore and Indonesia have a Double Taxation Agreement to avoid being taxed twice on the same income.
Singapore taxes are low, company formation for foreigners is easy, and a foreigner can own 100% of a Singapore business. If you decide to move, the quality of life is high.