2) Better credibility: Singapore is considered amongst the most important global business hubs of the world. Only few places can match up to Singapore’s reputation especially in Asia. Having a business presence in Singapore adds a lot of credibility to a company’s reputation and at the same time, offshore companies in Singapore do not attract the same kind of attention as many of the other offshore company hotspots do. With governments in many countries getting strict with those having offshore accounts, many entrepreneurs do not want to gain the attention of local authorities for unnecessary reasons. Hence incorporating in Singapore makes a lot of sense for legitimate business owners as the country is home to some of the biggest companies from all over the world.
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