Client BackgroundA founder who set up in a Dubai free zone four years ago, with most of his customers now east of him.
Client PlanTo move the operating centre to Singapore while keeping the UAE entity for Middle East contracts.
ProblemDubai’s tax and property advantages are real, and Singapore does not match them.
How We HelpedWe were direct about what he would lose, then moved the Asian contracts across and applied for his pass as owner-director.
Client BackgroundA founder who set up in a Dubai free zone four years ago. The business has grown into Asian markets, and most of his customers are now east of him.
Client PlanTo move the operating centre to Singapore while keeping the UAE entity for Middle East contracts.
ProblemDubai’s tax and property advantages are real, and Singapore does not match them.
How We HelpedWe were direct about what he would lose. Dubai’s zero personal income tax and freehold property are real advantages Singapore does not match, and a 60% Additional Buyer’s Stamp Duty means he should plan to rent here. What Singapore offers in exchange is enforceable contracts, banking that opens for a legitimate business, and treaty positions that survive scrutiny. We incorporated, moved the Asian contracts across, and applied for his pass as owner-director.
OutcomeTwo entities running in parallel, each holding the contracts that belong to it. Employment Pass approved. He rents rather than buys — a decision made before the move rather than after discovering the duty.
How can Xinran help you?
Xinran is an established facilitator focused on market entry and international expansion. With our global reach, we offer a full suite of corporate services to help companies successfully enter newer markets.
We pride ourselves on our client-oriented approach. Our comprehensive services and deep understanding of local and global markets make us an invaluable partner for your expansion into Asia. We have vast experience providing services for successful entrepreneurs who want to incorporate their businesses in Singapore, Hong Kong or mainland China.