Singapore skyline
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Singapore

Asia’s premier financial hub with world-class infrastructure, rule of law, and a business environment consistently ranked among the best globally. Zero capital gains tax and a territorial tax system make it ideal for international entrepreneurs.

5.9M

Population

Singapore

Capital

English / Mandarin / Malay / Tamil

Language

SGD (Singapore Dollar)

Currency

GMT+8

Timezone

17%

Corporate Tax Rate

0%

Capital Gains Tax

SGD 10M

GIP Min. Investment

Visa & Residency Programs

Singapore provides multiple pathways from employment-based visas to high-net-worth investor programs, all with access to one of the world’s most efficient business ecosystems.

Global Investor Programme (GIP)

From SGD 10M investment

Processing: 6-12 months

  • Permanent residency for high-net-worth investors
  • Invest SGD 10M in a new business, existing business, or GIP-approved fund
  • Family members eligible for dependent passes
  • Path to Singapore citizenship after 2 years
  • Access to Singapore banking and financial infrastructure

Employment Pass (EP)

From SGD 5,000/month salary

Processing: 3-8 weeks

  • For foreign professionals, managers, and executives
  • Minimum salary SGD 5,000/month (higher for financial sector)
  • Valid for 1-2 years, renewable
  • Can sponsor spouse and children
  • Path to permanent residency after 6 months

EntrePass

No minimum capital requirement

Processing: 8-12 weeks

  • For entrepreneurs starting a business in Singapore
  • Must have innovative business idea or venture-backed startup
  • Initial 1-year pass, renewable for 2 years
  • Can sponsor family after meeting revenue/hiring criteria
  • Access to Singapore startup ecosystem and grants

Tax Overview

Singapore’s tax system is designed to attract global talent and capital, with no capital gains tax, no inheritance tax, and one of the lowest corporate tax rates in Asia.

Personal income tax is progressive from 0% to 22% (24% from YA2024 for income above SGD 1M).

Corporate tax rate is a flat 17%, one of the lowest in Asia.

No capital gains tax on investment profits, shares, or property gains.

No inheritance or estate tax since 2008.

Foreign-sourced income is generally not taxed unless remitted to Singapore.

Extensive double tax treaty network with 90+ countries for tax optimization.

Singapore skyline

Ready to set up in Singapore?

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