Singapore’s Economic Development Board has made an amazing work in offering incentives to international companies. Foreign companies looking for to set up their head office in Singapore are allowed to concessionary tax rates which range from 0 % to 15 % for up to five years. The country also offers a wide-ranging network of trade agreements, covering over 20 free trade areas in 27 economies and 71 double taxation agreements. Apparent of all these incentives, it is not surprising to find a huge number of foreign companies forming the core of Singapore’s mainstream industries. A foreign individual/entity wanting to incorporate a company in Singapore has several options which one can select based on their long-term business goals, type of industry, company size and other factors. The Accounting and Corporate Regulatory Authority is mandated with the task of registering all businesses, including foreign companies. The foreigner must take on the services of a registered filing ag...