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As a multi-cultural city, Singapore is one of the world's most popular travel destinations. However, the country also has a lot to offer entrepreneurs and expats. The city is considered to be extremely safe and clean, the politics are business-friendly and the standard of living is high.
Entrepreneurs find favorable conditions here. On the one hand, double taxation and free trade agreements optimize business conditions. On the other hand, income and corporation tax are low. In the latest Perspektive Ausland podcast, lawyer Henning Schwarzkopf explains what other advantages Singapore offers and how it differs from Hong Kong. You can also find out what you should pay attention to if you want to set up a company in Singapore or relocate there.
00:00:00 - Welcome and introduction of Henning Schwarzkopf
00:08:44 - What makes Singapore interesting for entrepreneurs?
00:13:57 - Hong Kong - just a stone's throw away from Singapore
00:15:14 - What legal forms are there in Singapore?
00:21:30 - These industries use a company headquarters in Singapore
00:23:19 - One leg in Europe, one in Singapore
00:27:24 - Favorable corporate and income taxes
00:31:08 - How easy is it to open and operate a branch office in Singapore?
00:32:47 - High cost of living - high salary levels
00:33:41 - Entering and leaving Singapore
00:36:28 - Posting employees: easy, but not cheap
00:39:40 - Singapore: "The fined city"
00:43:52 - Existing certification requirement for companies
00:46:07 - Melting pot of Asian cultures
= Further information on this podcast episode =
bit.ly/3XIpaF7
= Our websites =
www.auslandsunternehmen.com
www.wohnsitzausland.com
www.stmatthew.de
uskanzlei.com/
= About Perspektive Ausland (perspective abroad) =
Anyone who wants to move as an entrepreneur or freelancer from German-speaking countries to (tax-efficient) foreign countries or become a digital nomad has a lot of tax and legal questions.
Country selection, international tax law, setting up a company abroad, exit tax, visas, capital investments and asset protection - these are just some of the topics that you now have to deal with.
Perspektive Ausland (perspective abroad) is a German podcast from London that deals with exactly such questions. No matter what your motivation for moving abroad is - less taxes, more freedom or a higher quality of life - you've come to the right place.