{"id":989338,"date":"2025-10-27T11:36:54","date_gmt":"2025-10-27T11:36:54","guid":{"rendered":"https:\/\/cla.global\/singapore-company-registration\/?page_id=989338"},"modified":"2026-01-07T13:07:07","modified_gmt":"2026-01-07T13:07:07","slug":"singapore-offshore-company-2","status":"publish","type":"page","link":"https:\/\/cla.global\/singapore-company-registration\/singapore-offshore-company-2\/","title":{"rendered":"Singapore offshore company"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"989338\" class=\"elementor elementor-989338\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d0b809d e-flex e-con-boxed e-con e-parent\" data-id=\"d0b809d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-b424f11 e-con-full e-flex e-con e-child\" data-id=\"b424f11\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d1b668 elementor-widget elementor-widget-html\" data-id=\"5d1b668\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<style>\r\n\/* Sidebar Component Styles - Elementor Compatible *\/\r\n.uk-sidebar-component {\r\n    max-width: 100%;\r\n    font-family: inherit;\r\n    color: inherit;\r\n    line-height: inherit;\r\n    position: relative;\r\n    z-index: 1;\r\n}\r\n.uk-sidebar-component * {\r\n    box-sizing: border-box;\r\n}\r\n\/* Sidebar Styles *\/\r\n.uk-sidebar {\r\n    width: 280px;\r\n    background: #f1f5f9;\r\n    border-right: 1px solid #e2e8f0;\r\n    padding: 20px;\r\n    border-radius: 8px;\r\n    height: fit-content;\r\n    flex-shrink: 0;\r\n    position: relative;\r\n    z-index: 1;\r\n}\r\n.uk-sidebar h3 {\r\n    background: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%);\r\n    color: #fff;\r\n    padding: 12px;\r\n    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class=\"uk-sidebar-component\">\r\n    <!-- Sidebar -->\r\n    <aside class=\"uk-sidebar\" id=\"ukSidebar\" role=\"navigation\" aria-label=\"Singapore Guide Navigation\">\r\n        <h3>Singapore Business Guide<\/h3>\r\n        <ul class=\"uk-sidebar-menu\">\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-summary\">Singapore Summary<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-summary\">\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/\">Singapore Overview<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/benefits-and-problems\/\">Why start a business here?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/benefits-and-problems\/\">Problems with doing business here?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/singaporean-company-annual-renewal\/\">Singaporean company annual renewal<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/shelf-company\/\">Fast company solutions!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/bank-account\/\">Corporate banking solutions?<\/a><\/li>\r\n                    \r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-structuring\">Singaporean Corporate Structuring<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-structuring\">\r\n                    <li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/\">Company set up strategy<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/setup-llc\/\">Business entity types!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/14-steps-to-register-a-company-in-singapore\/\">14 steps to register an LLC!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/singapore-offshore-company-2\/\">Singapore offshore company?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/singapore-company-transfer-in\/\">Singapore company transfer-in<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/llp\/\">Limited liability partnerships?<\/a><\/li>\r\n\r\n                    \r\n                    \r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-fees\">Fees and Timelines<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-fees\">\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/fees-timelines\/\">Engagement fees?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/fees-timelines\/\">Timelines?<\/a><\/li>\r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-cashflow\">Cash Flow Considerations<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-cashflow\">\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/corporate-funding\/\">Government incentives?<\/a><\/li>\r\n                    \r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/merchant-account\/\">Singapore merchant account!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/online-business-solutions\/\">E-commerce sales!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/services\/cash-flow-improvement-services\/\">Cash flow improvement services!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/services\/global-marketing-services\/\">Market penetration strategies?<\/a><\/li>\r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-legal\">Legal + Accounting + Tax<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-legal\">\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/accounting-and-tax-considerations\/\">Accounting and tax considerations?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/legal-and-compliance\/\">Legal considerations!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/tax-audit-services\/\">Singapore Tax Audit Services?<\/a><\/li>\r\n              \r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/resident-director\/\">Resident director services?<\/a><\/li>\r\n                   \r\n            \r\n                    \r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-support\">Business Setup Support Services<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-support\">\r\n                   <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/employment-act-in-singapore\/\">Employment law in Singapore<\/a><\/li>\r\n                   \r\n                    <li><a href=\"https:\/\/cla.global\/recruitment\/\">Human resources services<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/services\/staff-recruitment\/\">Employee considerations!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/tax-audit-services\/\">Singapore virtual office services!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/virtual-office\/\">Find office premises!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/trademark\/\">Trademark registration!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/start-up\/\">Entrepreneur\u2019s start-up guide?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/support-services\/\">Business startup support services?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/transfer-solution\/\">Singapore LLC transfer solution?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/ship-registration\/\">Singapore ship registration?<\/a><\/li>\r\n                    \r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/company-de-registration\/\">Singapore company de-registration<\/a><\/li>\r\n                  \r\n                    <li><a href=\"https:\/\/cla.global\/services\/corporate-advisory-solutions\/\">Other support services!<\/a><\/li>\r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-other\">Other Country Information<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-other\">\r\n                    \r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/about-2\/\">Success tips when doing business in Singapore!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/about-2\/\">Interesting facts about Singapore!<\/a><\/li>\r\n                    <li><a href=\"#\">Client case studies!<\/a><\/li>\r\n                <\/ul>\r\n            <\/li>\r\n        <\/ul>\r\n    <\/aside>\r\n<\/div>\r\n\r\n<script>\r\n(function() {\r\n    'use strict';\r\n    let isInitialized = false;\r\n    function initUKSidebar() {\r\n        if (isInitialized) return;\r\n        document.addEventListener('click', function(e) {\r\n            if (!e.target.closest('.uk-sidebar-component')) return;\r\n            if (e.target && e.target.classList.contains('uk-dropdown-toggle')) {\r\n                e.preventDefault();\r\n                e.stopPropagation();\r\n                const parentItem = e.target.closest('.uk-menu-item');\r\n                if (!parentItem) return;\r\n                const allItems = document.querySelectorAll('.uk-sidebar-component .uk-menu-item.uk-has-dropdown');\r\n                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class=\"elementor-element elementor-element-d640a8d elementor-widget elementor-widget-heading\" data-id=\"d640a8d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Singapore offshore company set up<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be26276 elementor-widget elementor-widget-text-editor\" data-id=\"be26276\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"usa-main-title\">CLA Consultants Group assists multinational Client to set up Singapore offshore companies to conduct global business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7eade22 elementor-widget elementor-widget-n-accordion\" data-id=\"7eade22\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1320\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-1320\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Benefits <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1320\" class=\"elementor-element elementor-element-6168406 e-con-full e-flex e-con e-child\" data-id=\"6168406\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f6f2a44 elementor-widget elementor-widget-text-editor\" data-id=\"f6f2a44\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>An offshore company in Singapore can also be referred to as a non resident company or a paper company;<\/li><li>A non resident business in Singapore is legally tax exempt if certain conditions are met including\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0<strong>no business conducted in the country<\/strong>\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0<strong>no banking within the country<\/strong>\u00a0and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0<strong>the company\u2019s legal control is outside the country<\/strong>;<\/li><li>A non resident company is also exempt of\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0<strong>capital gains tax<\/strong>\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0<strong>withholding tax<\/strong>\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0<strong>value added tax<\/strong>\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0<strong>sales tax<\/strong>\u00a0and\u00a0<span class=\"yellow-roman\">v)<\/span>\u00a0<strong>accumulated earnings tax<\/strong>;<\/li><li>Our firm legally registers non resident companies in Singapore supported by\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0an international business bank account in Hong Kong, Switzerland or the USA and\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0a business address in Singapore. We also make sure that the business bank account is with a reputed top tier international bank;<\/li><li>Incorporation of a Singapore offshore company\u00a0<strong>can be completed within one week with a share capital of only US$1<\/strong>. Only one shareholder and one director will be required and they will not need to travel to complete the engagement.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1321\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1321\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Problems <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1321\" class=\"elementor-element elementor-element-aa12916 e-con-full e-flex e-con e-child\" data-id=\"aa12916\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-172b172 elementor-widget elementor-widget-text-editor\" data-id=\"172b172\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>Information of Singaporean offshore companies like shareholder names, share capital and director details are publicly accessible through the\u00a0<a href=\"http:\/\/www.acra.gov.sg\/\" target=\"_blank\" rel=\"nofollow noopener\">ACRA website<\/a>. Although this affects individual privacy, it also increases the transparency and reputation of Singapore\u2019s offshore solutions;<\/li><li>A Singapore offshore company cannot lease a physical office space in Singapore;<\/li><li>A Singapore offshore company is a non-resident entity, thus such vehicle does not have access to Double Taxation Treaties;<\/li><li>Our Clients who choose to register a non-resident company are not legally eligible to employ staff in Singapore, nor apply for resident or employment visas;<\/li><li>If a Singapore offshore company opens a corporate bank account in Singapore, all income remitted to this corporate bank account then becomes taxable in Singapore, at the standard rate of 17%.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1322\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1322\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Best uses of an offshore company <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1322\" class=\"elementor-element elementor-element-2aa7efc e-con-full e-flex e-con e-child\" data-id=\"2aa7efc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dacea01 elementor-widget elementor-widget-text-editor\" data-id=\"dacea01\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>An offshore entity in Singapore can conduct\u00a0<strong>international trading through a legally tax exempt structure<\/strong>\u00a0while looking good to Clients, investors, suppliers, banks and Governments;<\/li><li>Corporate Clients can use Singapore offshore solutions to conduct\u00a0<strong>global business while being domiciled in a reputable country with strong laws and a stable government<\/strong>. Singapore\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0supports\u00a0<a href=\"http:\/\/www.siac.org.sg\/our-rules\/rules\/siac-rules-2013\" target=\"_blank\" rel=\"nofollow noopener\">international arbitration<\/a>\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0boasts strong contract law\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0houses laws that protect business investments and\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0is a signatory to\u00a0<a href=\"http:\/\/www.wipo.int\/portal\/en\/index.html\" target=\"_blank\" rel=\"nofollow noopener\">WIPO<\/a>;<\/li><li>Offshore company registration allows entrepreneurs to take advantage of the\u00a0<strong>strong legal system to house global trademarks and intellectual property<\/strong>;<\/li><li>A Singapore offshore business can be a\u00a0<strong>regional or global holding company and receive regular investment income including dividends and management fees<\/strong>;<\/li><li>Some of our Clients support their companies with other off-shore services like\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0offshore\u00a0merchant account\u00a0for tax exempt online credit card sales and\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0offshore\u00a0corporate brokerage account\u00a0to trade global securities while enjoying legal tax exemption;<\/li><li>Our Clients, generally, incorporate Singapore offshore companies for\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0international trading\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0holding companies\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0shipping companies\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0owning\u00a0real estate\u00a0<span class=\"yellow-roman\">v)<\/span>\u00a0owning copyright and patents and\u00a0<span class=\"yellow-roman\">vi)<\/span>\u00a0for international consulting services.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1323\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1323\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Table of Comparison between Singapore onshore and offshore entities <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1323\" class=\"elementor-element elementor-element-fa91bdf e-con-full e-flex e-con e-child\" data-id=\"fa91bdf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9827e21 elementor-widget elementor-widget-html\" data-id=\"9827e21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<style>\r\n\/* Scoped to avoid conflicts with Elementor Pro *\/\r\n.singapore-company-widget {\r\n    display: flex !important;\r\n    justify-content: center !important;\r\n    align-items: center !important;\r\n    width: 100% !important;\r\n    padding: 20px !important;\r\n    box-sizing: border-box !important;\r\n}\r\n.singapore-company-widget * {\r\n    box-sizing: border-box !important;\r\n}\r\n.singapore-company-widget .singapore-table-container {\r\n    margin: 20px auto !important;\r\n    max-width: 1000px !important; \/* Limits table width for better centering *\/\r\n    width: 100% !important;\r\n    overflow-x: auto !important; \/* Enables horizontal scrolling on small screens *\/\r\n}\r\n.singapore-company-widget .singapore-table {\r\n    width: 100% !important;\r\n    border-collapse: collapse !important;\r\n    font-size: 14px !important;\r\n    margin: 0 !important;\r\n    background: #fff !important;\r\n    border: 1px solid #e2e8f0 !important;\r\n}\r\n.singapore-company-widget .singapore-table th,\r\n.singapore-company-widget .singapore-table td {\r\n    border: 1px solid #e2e8f0 !important;\r\n    padding: 10px !important;\r\n    text-align: center !important;\r\n}\r\n.singapore-company-widget .singapore-table th {\r\n    background: #f1f5f9 !important;\r\n    font-weight: bold !important;\r\n    color: #1a4b5c !important;\r\n}\r\n.singapore-company-widget .singapore-table td:first-child,\r\n.singapore-company-widget .singapore-table th:first-child {\r\n    text-align: left !important;\r\n    font-weight: bold !important;\r\n    background: #f9fafb !important;\r\n}\r\n\r\n\r\n\/* Responsive Design *\/\r\n@media (max-width: 768px) {\r\n    .singapore-company-widget {\r\n        padding: 15px !important;\r\n    }\r\n    .singapore-company-widget .singapore-table-container {\r\n        margin: 15px auto !important;\r\n    }\r\n    .singapore-company-widget .singapore-table {\r\n        font-size: 13px !important; \/* Slightly smaller font for tablets *\/\r\n        min-width: 600px !important; \/* Ensures table remains scrollable *\/\r\n    }\r\n}\r\n@media (max-width: 480px) {\r\n    .singapore-company-widget {\r\n        padding: 10px !important;\r\n    }\r\n    .singapore-company-widget .singapore-table-container {\r\n        margin: 10px auto !important;\r\n    }\r\n    .singapore-company-widget .singapore-table {\r\n        font-size: 12px !important; \/* Smaller font for mobile *\/\r\n        min-width: 600px !important; \/* Ensures horizontal scrolling *\/\r\n    }\r\n    .singapore-company-widget .singapore-table th,\r\n    .singapore-company-widget .singapore-table td {\r\n        padding: 8px !important; \/* Reduced padding for mobile *\/\r\n    }\r\n    .singapore-company-widget .singapore-table-note {\r\n        font-size: 11px !important;\r\n    }\r\n}\r\n<\/style>\r\n\r\n<div class=\"singapore-company-widget\">\r\n    <div class=\"singapore-table-container\">\r\n        <table class=\"singapore-table\">\r\n            <thead>\r\n                <tr>\r\n                    <th><\/th>\r\n                    <th>Singapore onshore company<\/th>\r\n                    <th>Singapore offshore company<\/th>\r\n                <\/tr>\r\n            <\/thead>\r\n            <tbody>\r\n                <tr><td>Incorporation period<\/td><td>1 week<\/td><td>1 week<\/td><\/tr>\r\n                <tr><td>Shelf companies allowed<\/td><td>Yes<\/td><td>Yes<\/td><\/tr>\r\n                <tr><td>Minimum shareholders<\/td><td>1<\/td><td>1<\/td><\/tr>\r\n                <tr><td>Minimum directors allowed<\/td><td>1<\/td><td>1<\/td><\/tr>\r\n                <tr><td>Minimum share capital<\/td><td>US$1<\/td><td>US$1<\/td><\/tr>\r\n                <tr><td>Corporate tax rate payable<\/td><td>16.50%<\/td><td>0%<\/td><\/tr>\r\n                <tr><td>Bearer shares allowed<\/td><td>No<\/td><td>No<\/td><\/tr>\r\n                <tr><td>Wholly foreign owned company<\/td><td>Yes<\/td><td>Yes<\/td><\/tr>\r\n                <tr><td>Public register available<\/td><td>Yes<\/td><td>Yes<\/td><\/tr>\r\n                <tr><td>Annual accounting and tax obligations<\/td><td>Yes<\/td><td>Yes<\/td><\/tr>\r\n                <tr><td>Corporate directors allowed<\/td><td>No<\/td><td>No<\/td><\/tr>\r\n                <tr><td>Singapore resident company secretary required<\/td><td>Yes<\/td><td>Yes<\/td><\/tr>\r\n                <tr><td>Type of company<\/td><td>LLC<\/td><td>LLC<\/td><\/tr>\r\n                <tr><td>Singapore bank account allowed<\/td><td>Yes<\/td><td>No<\/td><\/tr>\r\n                <tr><td>Can buy Singapore property<\/td><td>Yes<\/td><td>No<\/td><\/tr>\r\n                <tr><td>Can rent an office<\/td><td>Yes<\/td><td>No<\/td><\/tr>\r\n                <tr><td>Can conduct business within Singapore<\/td><td>Yes<\/td><td>No<\/td><\/tr>\r\n                <tr><td>Can hire staff in Singapore<\/td><td>Yes<\/td><td>No<\/td><\/tr>\r\n                <tr><td>Annual license renewal<\/td><td>Yes<\/td><td>Yes<\/td><\/tr>\r\n                <tr><td>Singapore national director or shareholder required<\/td><td>No<\/td><td>No<\/td><\/tr>\r\n                <tr><td>Allowed to own shares in Singapore companies<\/td><td>No<\/td><td>No<\/td><\/tr>\r\n                <tr><td>May own yachts registered in Singapore<\/td><td>Yes<\/td><td>Yes<\/td><\/tr>\r\n                <tr><td>CLA Consultants company incorporation fee<\/td><td>US$12,253<\/td><td>US$11,490<\/td><\/tr>\r\n            <\/tbody>\r\n        <\/table>\r\n       \r\n    <\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1324\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1324\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Offshore company fees and timelines <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1324\" class=\"elementor-element elementor-element-9357663 e-con-full e-flex e-con e-child\" data-id=\"9357663\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-552f76a elementor-widget elementor-widget-text-editor\" data-id=\"552f76a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Offshore business incorporation costs in Singapore in year 1 amount to US$1,940 and annual company costs in year 2 and thereafter amount to US$600. Average engagement fees approximate US$11,490 including\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0offshore Singapore company formation\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0opening an offshore corporate banking account and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0Singapore resident director services.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1325\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"6\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1325\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Annual administrative obligations <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1325\" class=\"elementor-element elementor-element-f488601 e-con-full e-flex e-con e-child\" data-id=\"f488601\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fed9225 elementor-widget elementor-widget-text-editor\" data-id=\"fed9225\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>Singapore tax law mandates that all annual unaudited financial statements be submitted to\u00a0<a href=\"http:\/\/www.iras.gov.sg\/irashome\/default.aspx\" target=\"_blank\" rel=\"nofollow noopener\">IRAS<\/a>, together with the tax return. Our firm assists our Clients efficiently and effectively complete this statutory\u00a0Singapore accounting obligation;<\/li><li>An offshore business setup in Singapore must lodge an annual return confirming relevant details of the company for the public register including names and addresses of all directors, address of principal place of business and details of all share-holdings;<\/li><li>The company must appoint\u00a0<strong>a resident company secretary and a resident director<\/strong>\u00a0and maintain a legal registered Singapore offshore business address. The majority of our Clients appoint our firm to fill these legal positions;<\/li><li>The process of deregistering a Singapore based offshore \u00a0formation is dictated by the Government and will take at least 6 months.\u00a0<strong>Our fee to manage company de-registration is US$1,450<\/strong>. During this 6 month period, it is mandatory to maintain the resident company secretary and the legally registered office.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1326\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"7\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1326\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> The steps to register an offshore company in Singapore <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1326\" class=\"elementor-element elementor-element-647795e e-con-full e-flex e-con e-child\" data-id=\"647795e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-34380d9 elementor-widget elementor-widget-text-editor\" data-id=\"34380d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li><a href=\"http:\/\/www.singaporelaw.sg\/sglaw\/laws-of-singapore\/commercial-law\/chapter-16\" target=\"_blank\" rel=\"nofollow noopener\">Singapore company law<\/a>\u00a0only allows resident individuals with a valid\u00a0<a href=\"https:\/\/www.singpass.gov.sg\/spauth\/login\/loginpage?URL=%2F&amp;TAM_OP=login\" target=\"_blank\" rel=\"nofollow noopener\">SingPass account<\/a> to self-register an offshore entity. Hence, the Client must engage a local company secretary such as CLA Consultants to help them in the process;<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c4e3da elementor-widget elementor-widget-heading\" data-id=\"3c4e3da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">PRE-INCORPORATION<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6608e75 elementor-widget elementor-widget-text-editor\" data-id=\"6608e75\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>Prior to incorporating the offshore entity, CLA Consultants and our Client agree <span class=\"yellow-roman\">i)<\/span>\u00a0the planned business activities are in compliance with local and international tax laws and meet the planned objectives\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0the directors and shareholders to be included in the corporate structure and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0bank account location taking into account business banking and cash flow considerations. Thereafter our Client\u00a0<span class=\"yellow-roman\">i)<\/span> settles CLA Consultants\u2019 fees <span class=\"yellow-roman\">ii)<\/span>\u00a0signs and returns our engagement letter and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0provides us the required due diligence documentation;<\/li><li>To optimizing engagement transparency and appropriately set our Client\u2019s expectations, CLA Consultants drafts a detailed engagement project plan, mapping out weekly engagement milestones. Immediately thereafter, CLA Consultants prepares the incorporation forms, director resolutions and CLA Consultants registered office agreement for Client\u2019s signature;<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e52aaf9 elementor-widget elementor-widget-heading\" data-id=\"e52aaf9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">INCORPORATION<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9a8238 elementor-widget elementor-widget-text-editor\" data-id=\"b9a8238\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>After receipt of signed incorporation documents by the director(s) and shareholder(s), CLA Consultants appoints the resident secretary and resident director (for their offshore company in accordance with the legal requirement under s126 of the Singapore company law 1992;<\/li><li>CLA Consultants legally incorporates our clients offshore company through <a href=\"http:\/\/www.acra.gov.sg\/\" target=\"_blank\" rel=\"nofollow noopener\">Accounting and Corporate Regulatory Authority (ACRA) website<\/a>. Immediately, we email our Client the business profile confirming the successful registration of the company. ACRA mails the Certificate of Incorporation to CLA Consultants\u2019 office within 1 week;<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-167439e elementor-widget elementor-widget-heading\" data-id=\"167439e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">POST INCORPORATION<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-510dea9 elementor-widget elementor-widget-text-editor\" data-id=\"510dea9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>On behalf of our Client, CLA Consultants liaises with the preselected international banks agreed during the planning phase and submits a complete corporate bank account application including <span class=\"yellow-roman\">i)<\/span>\u00a0a business plan\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0personal and corporate due diligence documents and\u00a0<span class=\"yellow-roman\">iii)<\/span> completed signed bank forms. Within 3 weeks CLA Consultants secure bank account approval and provides our Client with the international banking and e-banking details;<\/li><li>Following engagement completion, CLA Consultants couriers a full company kit to our Client, including original corporate documents, unopened bank correspondence and a Client feedback survey.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1327\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"8\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1327\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Frequently asked questions <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1327\" class=\"elementor-element elementor-element-85f07f6 e-con-full e-flex e-con e-child\" data-id=\"85f07f6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8ae1d4b elementor-widget elementor-widget-n-accordion\" data-id=\"8ae1d4b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1450\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-1450\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Why set up Singapore offshore companies? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region region\" aria-labelledby=\"e-n-accordion-item-1327 e-n-accordion-item-1450\" class=\"elementor-element elementor-element-3eb54e6 e-con-full e-flex e-con e-child\" data-id=\"3eb54e6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7578838 elementor-widget elementor-widget-text-editor\" data-id=\"7578838\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A Singapore non-resident company\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0is exempt of capital gains tax, withholding tax, value added tax, sales tax and accumulated tax\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0enjoys a positive reputation with suppliers, Clients and investors and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0can be an excellent global holding company. For more detailed information, please to refer to our section on \u201cUses of an offshore company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1451\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1451\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> How do I form a Singapore entity? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region region\" aria-labelledby=\"e-n-accordion-item-1327 e-n-accordion-item-1451\" class=\"elementor-element elementor-element-99169fa e-con-full e-flex e-con e-child\" data-id=\"99169fa\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bb6c00a elementor-widget elementor-widget-text-editor\" data-id=\"bb6c00a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>CLA Consultants will register your firm with the Accounting and Corporate Regulatory Authority <a href=\"http:\/\/www.mom.gov.sg\/foreign-manpower\/passes-visas\/entrepass\/when-you-apply\/Pages\/default.aspx\" target=\"_blank\" rel=\"nofollow noopener\">(ACRA)<\/a>\u00a0and then courier you the certificate of incorporation. We will also open the corporate bank account for your company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1452\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1452\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Can my offshore firm be wholly foreign owned? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region region\" aria-labelledby=\"e-n-accordion-item-1327 e-n-accordion-item-1452\" class=\"elementor-element elementor-element-b280d52 e-con-full e-flex e-con e-child\" data-id=\"b280d52\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-86d02f1 elementor-widget elementor-widget-text-editor\" data-id=\"86d02f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>For optimum business solutions, we recommend our Client open an account with HSBC, SCB or Citibank.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1453\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1453\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Where should I open my offshore business bank account? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region region\" aria-labelledby=\"e-n-accordion-item-1327 e-n-accordion-item-1453\" class=\"elementor-element elementor-element-aef54d3 e-con-full e-flex e-con e-child\" data-id=\"aef54d3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-10d5887 elementor-widget elementor-widget-text-editor\" data-id=\"10d5887\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>For optimum business solutions, we recommend our Client open an account with HSBC, SCB or Citibank.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1454\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1454\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Will I be required to apply for business licence to form a tax free company? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region region\" aria-labelledby=\"e-n-accordion-item-1327 e-n-accordion-item-1454\" class=\"elementor-element elementor-element-bb61ec0 e-con-full e-flex e-con e-child\" data-id=\"bb61ec0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-447ae7d elementor-widget elementor-widget-text-editor\" data-id=\"447ae7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>No. If your business activity requires a licence, then that company cannot be considered an offshore entity. Consequently, such as entity cannot be legally tax exempt.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1455\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"6\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1455\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Who will help my offshore business formation with accounting requirements? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region region\" aria-labelledby=\"e-n-accordion-item-1327 e-n-accordion-item-1455\" class=\"elementor-element elementor-element-9473dad e-con-full e-flex e-con e-child\" data-id=\"9473dad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-91e11c8 elementor-widget elementor-widget-text-editor\" data-id=\"91e11c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Our firm is specialist in bookkeeping and accounting services. We will your firm prepare annual financial statements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1456\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"7\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1456\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> What business visa are available? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region region\" aria-labelledby=\"e-n-accordion-item-1327 e-n-accordion-item-1456\" class=\"elementor-element elementor-element-0a4470b e-con-full e-flex e-con e-child\" data-id=\"0a4470b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-043b7b6 elementor-widget elementor-widget-text-editor\" data-id=\"043b7b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Non-tax resident Singapore companies are not eligible to apply for EP, PEP nor EntrePass visa.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1457\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"8\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1457\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Will my offshore company be tax exempt? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region region\" aria-labelledby=\"e-n-accordion-item-1327 e-n-accordion-item-1457\" class=\"elementor-element elementor-element-3c567c5 e-con-full e-flex e-con e-child\" data-id=\"3c567c5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c91dd36 elementor-widget elementor-widget-text-editor\" data-id=\"c91dd36\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Yes, if your company does not conduct any local business it will be legally tax exempt.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1458\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"9\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1458\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Does my offshore business setup benefit from Singapore\u2019s double taxation treaties? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region region\" aria-labelledby=\"e-n-accordion-item-1327 e-n-accordion-item-1458\" class=\"elementor-element elementor-element-b38ac92 e-con-full e-flex e-con e-child\" data-id=\"b38ac92\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4027d32 elementor-widget elementor-widget-text-editor\" data-id=\"4027d32\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>No. Since, your company will already be non resident, it can not benefit under the double taxation treaties.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1328\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"9\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1328\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> External readings <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1328\" class=\"elementor-element elementor-element-c0f2361 e-con-full e-flex e-con e-child\" data-id=\"c0f2361\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-450d011 elementor-widget elementor-widget-text-editor\" data-id=\"450d011\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li><a href=\"http:\/\/www.kallman.com\/shows\/singapore_international_water_expo_2014\/pdf\/Doing-Business-in-Singapore-2012.pdf\" target=\"_blank\" rel=\"nofollow noopener\">US Commercial Service \u2013 Doing Business in Singapore<\/a><\/li><li><a href=\"http:\/\/www.imf.org\/external\/pubs\/ft\/scr\/2013\/cr13325.pdf\" target=\"_blank\" rel=\"nofollow noopener\">IMF \u2013 Singapore Financial System Stability Assessment<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a5da09d e-flex e-con-boxed e-con e-parent\" data-id=\"a5da09d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-070a192 e-con-full e-flex e-con e-child\" data-id=\"070a192\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-71c199a e-flex e-con-boxed e-con e-child\" data-id=\"71c199a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8098026 elementor-widget elementor-widget-html\" data-id=\"8098026\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t\r\n<style>\r\n\r\n.uk-company-widget * {\r\nbox-sizing: border-box !important;\r\n}\r\n\r\n\/* CTA Section *\/\r\n.uk-cta {\r\npadding: 40px !important;\r\nborder-radius: 10px !important;\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\ntext-align: center !important;\r\nfont-size: 20px !important;\r\nfont-weight: bold !important;\r\nmargin: 30px 0 !important;\r\nbox-shadow: 0 5px 15px rgba(0,0,0,0.1) !important;\r\n}\r\n\r\n\/* Buttons *\/\r\n.uk-btn {\r\ndisplay: inline-block !important;\r\npadding: 10px 20px !important;\r\nborder-radius: 6px !important;\r\nfont-weight: bold !important;\r\nborder: none !important;\r\ncursor: pointer !important;\r\ntransition: all 0.3s ease !important;\r\ntext-decoration: none !important;\r\nfont-size: 14px !important;\r\n}\r\n\r\n.uk-btn-gradient {\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\n}\r\n\r\n.uk-btn-gradient:hover {\r\nopacity: 0.9 !important;\r\n}\r\n\r\n\/* Contact Section *\/\r\n.uk-contact {\r\nborder: 1px solid #e2e8f0 !important;\r\nborder-radius: 8px !important;\r\nbackground: #f1f5f9 !important;\r\npadding: 20px !important;\r\nmargin: 20px 0 0 0 !important;\r\n}\r\n\r\n.uk-contact h4 {\r\nmargin: 0 0 10px 0 !important;\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n.uk-contact p {\r\nmargin: 0 0 15px 0 !important;\r\ncolor: #475569 !important;\r\n}\r\n\r\n.uk-person {\r\ndisplay: flex !important;\r\nalign-items: center !important;\r\ngap: 15px !important;\r\n}\r\n\r\n.uk-person img {\r\nwidth: 60px !important;\r\nheight: 60px !important;\r\nborder-radius: 50% !important;\r\nflex-shrink: 0 !important;\r\n}\r\n\r\n.uk-person strong {\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n\/* Responsive Design *\/\r\n@media (max-width: 480px) {\r\n.uk-cta {\r\npadding: 30px 20px !important;\r\nfont-size: 18px !important;\r\n}\r\n}\r\n\r\n<\/style>\r\n<\/head>\r\n<body>\r\n\r\n\r\n\r\n\r\n\r\n\r\n<!-- CTA -->\r\n<div id=\"uk-cta-section\" class=\"uk-cta\">\r\nRegister your company now! <br>\r\nCLA Group has the solution to help you grow.\r\n<\/div>\r\n\r\n<!-- Contact -->\r\n<div class=\"uk-contact\">\r\n<h4>Contact us<\/h4>\r\n<p>For more info on company registration, please contact our expert directly:<\/p>\r\n<div class=\"uk-person\">\r\n\r\n<div>\r\n<strong>Mr. Petar Chakarov<\/strong><br>\r\nSenior Manager, Sales & Business Development<br>\r\n<a href=\"https:\/\/cla.global\/free-consultation\/\" class=\"uk-btn uk-btn-gradient\">\r\n\r\nGet in touch\r\n\r\n<\/a>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4fbaa0b e-flex e-con-boxed e-con e-parent\" data-id=\"4fbaa0b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>CLA assists multi-national Clients\u2019 with business set up in every country on the planet.<\/p>\n<p>For transparency purposes and to help multi-national Clients\u2019 budget future engagement fees, this page outlines average total engagement fees for every country on the planet.<\/p>\n<p>Click on the regional headings to see fees for every jurisdiction around the world.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-989338","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/pages\/989338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/comments?post=989338"}],"version-history":[{"count":16,"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/pages\/989338\/revisions"}],"predecessor-version":[{"id":990132,"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/pages\/989338\/revisions\/990132"}],"wp:attachment":[{"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/media?parent=989338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}