General Overview. Many tax and other types of incentives are granted by the government of Singapore to those business entities, the activity of which favors the overall development of the jurisdiction. Singapore is often considered by international entrepreneurs and investors for offshore business purposes.

Holding Companies. Due to its taxation regime and fiscal incentives, Singapore is an attractive jurisdiction for setting up a holding company there.

Investment Funds. Singapore is the most popular location in Asia from where hedge funds are managed. A hedge fund managed from Singapore may be listed on Singapore Exchange by adhering to precisely outlined requirements. Every offshore investment fund must implement appropriate risk management procedures. Several fiscal incentives are available for investment fund management companies.

Trust Management. Enhancing trust management sector by regulating trustee companies which provide trust and custody services are essential in combination with a successful investment fund management sector. An offshore trust incorporated in Singapore must have non-resident settlor and beneficiaries.

Insurance Companies. Significant tax incentives and exemptions are available to offshore insurance companies, particularly those engaged in captive insurance and reinsurance business, in order to develop insurance sector in Singapore.