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Business Incorporation

Singapore : Proximity To Growing Asian Markets.

  • Business-friendly environment and regulations
  • Competitive tax benefits
  • Strong financial sector

Singapore

Singapore ranked first in the World Economic Forum's global competitiveness report (last published in 2019) and second in the World Bank's Ease of Doing Business ranking in 2020.

Singapore's tax advantages include low corporate and goods & services tax rates, no capital gains tax, and avoiding double taxation for international businesses.

Singapore, the ‘Silicon Valley of Asia,’ fosters a vibrant startup ecosystem with ample venture capital, government support, and favorable tax schemes. It offers access to skilled talent and facilitates workforce importation when needed.

Dubai : Strategic Location At The Crossroads Of Continents.

  • Diversified economy beyond oil and gas
  • Tax-free zones and incentives
  • World-class infrastructure and connectivity

Dubai

Entrepreneurs can benefit from various business structures and tax advantages when incorporated in the United Arab Emirates (UAE). The UAE offers three primary options for company setup: Offshore, free zone, and onshore companies.

The UAE's Amending Commercial Companies Law has abolished the previous 51% shareholder residency requirement. Now, foreign nationals can establish LLCs with 100% ownership, enabling access to UAE residence visas through business setup.

UAE, historically a zero-tax country, introduced a 9% corporate income tax in June 2023 under Federal Decree-Law No. 47 of 2022. However, businesses in free zones can maintain a 0% tax rate by meeting certain criteria. Moreover, tax exemptions are offered to companies in strategic sectors.

Take your businesses global

Overcome Talent Shortages

Benefit from a sought after talent pool to grow your business.

Benefits

Access potential tax advantages and deductions.

Enhanced Credibility

Gain trust and credibility among clients and partners.

FAQs

Frequently Asked Questions

Common business entities in Singapore include private limited company (Pte Ltd), limited liability partnership (LLP), sole proprietorship, and partnership.

Requirements typically include a minimum of one shareholder (individual or corporate), one resident director, a company secretary, a registered office address in Singapore.

The process usually takes 1-2 days once all necessary documents and information are submitted to the Accounting and Corporate Regulatory Authority (ACRA).

Singapore has a territorial tax system with low corporate tax rates. Profits derived from Singapore and certain foreign-sourced income remitted to Singapore may be eligible for tax exemptions and incentives.

Yes, at least one director must be a Singapore resident, which can be a Singapore citizen, permanent resident, or holder of an Employment Pass or EntrePass.

Business entities in Dubai include limited liability company (LLC), free zone company, branch office, representative office, and sole establishment.

Requirements vary depending on the type of entity but typically include choosing a business activity, selecting a company name, obtaining necessary licenses and permits, and securing office space.

The timeframe varies depending on the type of entity and the completion of required procedures, but it generally takes between 1-4 weeks.

Dubai offers various tax incentives and exemptions, including 0% corporate and personal income tax in many free zones. However, companies operating outside free zones are subject to corporate tax, although the rates are generally low.

Yes, in certain free zones, foreign nationals can fully own a company without the need for a local sponsor or partner. However, outside free zones, a local sponsor or partner may be required for mainland companies.

Ready to tap into the thriving opportunities in Singapore and Dubai? Take the first step towards global success today!

Explore the wealth of opportunities in Singapore and Dubai. Seize your chance for global success with us now!

Let’s Connect

Multipolitan is the world’s first and only product-driven global migration platform that streamlines the process of traveling, relocating, setting up businesses and managing assets for the borderless enthusiast.

Multipolitan also provides private client advisory services, enabling families to navigate geopolitical risks, capitalize on global opportunities and achieve financial resilience through international mobility solutions.

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Multipolitan Pte. Ltd.
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Singapore
+65 82112428
Multipolitan L.L.C-FZ
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Dubai
+971 45491017
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