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Singapore is now a major international financial and trade centre and has a reputation for being a highly efficient and politically stable Government. It has a British based legal system and corporate law operates on a common law basis. This is therefore the best springboard in the world from which to participate in international business. There is a demand for setting up a non-resident company for trading in offshore countries, e.g. China. Such a company's management and control must be held outside Singapore. Provided certain specified conditions are satisfied, there is no Singapore tax payable if its activities are outside Singapore. Such activities include trading and investment. Our quoted acquisition price includes the following:
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