Why is Singapore a good base for Asia expansion?

There are mainly three reasons:

1. Singaporean companies enjoy a low tax rate of 17 percent. There will be no tax payable on dividends earned externally from its borders.
2. It is also possible to operate a Singaporean company as a “shelf” entity to take advantage of the tax benefits that are offered. Using a “shelf” company will reduce costs, as there will be no need for a full-fledge company to be set up.
3. Once the company is established in Singapore, it will be eligible to utilize all free trade agreements for intra-ASEAN trade or with other countries, such as China and India.