Exclusive Markdowns! - Masterplan your Expansion with Exclusive Markdowns for your Singapore Holding Company and Vietnam Subsidiary Ventures
Setting up a holding company in Singapore and subsidiary in Vietnam can offer several tax advantages, making it an attractive location for businesses looking to manage and control their subsidiaries or investments.
It is essential to note that tax laws and regulations can change over time, so it is crucial to consult with our expertise to get the most up-to-date information and tailor your strategy to your specific circumstances.
We are so grateful for the pleasure of serving you and hope that our service – SINGAPORE & VIETNAM INCORPORATION – will meet your expectations.
Here are some potential advantages for setting up a company in both Singapore and Vietnam:
SINGAPORE | VIETNAM |
| Territorial Tax System: income earned outside Singapore is not subject to corporate tax | Favourable Tax Treatment for Overseas Investments: income earned outside Vietnam is deducted when calculating corporate tax |
| Low Corporate Tax Rates with 17% | Low Corporate Tax Rates with 20% |
| Double Taxation Agreements (DTAs): prevent double taxation | Double Taxation Agreements (DTAs) prevent double taxation |
| Tax Incentives: provide tax benefits to companies engaged in certain qualifying activities, including trading and financial services. | Tax Incentives: 0%, 10%, 15%, 17% for investments in priority sectors or in specific areas. |
| Ease of Doing Business: business-friendly environment, strong legal framework, and political stability | Ease of Doing Business: Abundant capital, stable exchange rates, and relatively low interest rates and capital costs |
| Loss Handling: can be offset against the profits of other companies within the same group | Loss Handling: can be carried forward tax losses for a maximum of five years to offset future profits |
| No Withholding Tax on Dividends: does not impose withholding tax on dividends paid oversea | No Withholding Tax on Dividends: does not impose withholding tax on dividends paid oversea |
| Other Advantage: Capital Gains Tax Exemption | Other Advantage: relief from double taxation with more than 70 countries |
For further discussion, please kindly let us have your available time slot for the conference call so that our experts have chance to clarify your concern.
