International trade structure


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The international trade structure is a commonly used trade company model.

This model means that an individual or institution, in the form of a sole proprietorship or joint venture, establishes a company in Singapore. They then cooperate with manufacturing countries and companies importing countries, in order to achieve global free trade, international settlement, tax optimization and other purposes.

 

Characteristics:

  • Can enjoy preferential policies from both manufacturing and importing countries
  • Utilize Singapore’s financial platform
  • Limited liability system, shareholders only bear limited liability for their own investment
  • The company is an independent legal entity
  • Accounts can be opened and operated offshore
  • Ease of managing the company
  • Enjoy Singapore’s tax policy
  • Shareholder dividends are not taxed twice
  • Exemption from audit if at least two conditions are met
    • The annual turnover of the company is less than S$10 million
    • The total assets of the company are less than S$10 million
    • The number of employees in the company is less than 50

 

For:

  • Cross-border trade
  • International settlement
  • Regional Trade Management
  • Internationalization of the enterprise

 

Please consult FOZL for more information.
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