Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

1. Know Singapore.
a. Doing Business in Singapore.
Classed as the worlds easiest place to do business (Doing Business 2009 report), Singapore welcomes investors with a smooth channel for their ventures. By having your international HQs in Singapore, companies benefit from Singapores network of over 50 comprehensive Double Taxation Avoidance Agreements. They also gain from Singapores many free trade agreements and the 35 Investment Guarantee Agreements. Companies can always rely on protection of their ideas and innovations through Singapores strong intellectual property laws. There are over 4,500 companies offering professional services, including audit, accounting and management consulting; market research, advertising and public relations; human capital services; and legal services to assist you to establish successfully in Singapore.

Setting up a business in Singapore is easy and the procedures can be completed in 1 to 2 working days! All businesses must be registered with the Accounting and Corporate Regulatory Authority (ACRA) Representative Offices (ROs) need to be registered with International Enterprise (IE) Singapore, while ROs in banking and insurance have to register with the Monetary Authority of Singapore (MAS). We at Servolve will assist you in Setting up your Business in the most cost effective and efficient way. Our committed employees only mission is to serve you the best possible way and our measure of success is your appreciation for getting the best service. Everyone in Servolve believe in Serve Love and Evolve together. (Setup My Business in Singapore) add the hyper link to steps to business setup along with contact us page and order now with a cart.

b. Strategic Location. Singapore is strategically located at the heart of ASEAN (Association of South East Asian Nations). It's extensive air and sea linkages enables your business to access 2.8 billion people within a seven hour flight radius. This makes it a critical hub for professional exchange as well as inter-regional and intra-regional trade. Singapore's port is one of the busiest in the world and the country is classified as a premier International Maritime Centre. Changi Airport of Singapore has 80 airlines that connect you to over 180 cities in 50 countries

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

and serves over 15 million passengers annually. Its liberal air policy to open up to the rest of the world, emphasis on competitiveness, efficiency and service has made it the 'Best Airport in the World' for 20 consecutive years (1998-2007). Thus Singapore provides your business with easy geographic access to all major Asian markets including China, India, Australia, Taiwan, Malaysia, etc. c. Infrastructure. Singapore is one of the very few countries in Asia to offer world class physical and research infrastructure. With parallel growth in various industrial sectors, Singapore has been relentlessly upgrading its infrastructure to not only accommodate, but also stay ahead of business demands. Singapore's physical and research infrastructure will assist you to set up your business operations along with ensuring long term growth with ease. Singapore has hosted some of the world's most prestigious business events like: The World Economic Forum 2005, the 117th International Olympic Committee Session held in 2005 and the 2006 Board of Governors Annual Meeting of the IMF and World Bank. Depending on the size and nature of your Singapore business, you can choose from setting up operations in an industrial/business park, build your own establishment on industrial land or move into readily available commercial office space or ready built standard factories. Singapore even offer virtual office services based up on your business for assisting you do your business operations and enabling easy entry in to Singapore. Singapore is a technology savvy country which tries to use technology to build efficiency. It is interesting to note that 99% of the population has access to broadband network and there is no wonder in often being described as a 'plug and play' nation. d. Business Pro environment. Singapore Government is very particular about creating a Business pro environment and thus

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

encourages people to start and establish business. It also has very transparent laws and policies so that people across the world can come and use the world class environment for them establish. More over Singapore immigration laws for foreign talent highly-regarded for being businesscentric.

Ranking Category

Singapore's Ranking Source

Description

World's easiest place to do business 1 City with the best investment potential - (Profit Opportunity 2 recommendation) world leader in foreign trade and investment 1 Having the most open economy for international trade and investment 1 Most competitive country in the world 1

Singapore was topped in this category for the Doing Business 2010 years 2009 and Report, World Bank 2010 For 16 consecutive BERI Report 2010 years The Globalization Index 2009 The Global Enabling Trade Report - 2010 IMD World Competiveness year Book - 2010 Economist Intelligence Unit, Country Forecasts, December 2009 Global Information technology report 2009- 2010, World Economic Forum

Best business environment in Asia Pacific and worldwide 1

EIU Business Environment Ranking - 2009 Singapore is Asia's most "network ready" country

Most "network ready" country

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

Best protection of intellectual property 1 Least bureaucratic place for doing business in Asia 1

Global Competitiveness Report , 2009 - 2010 IMD World Competiveness year Book - 2010 Singapore is ranked 4th in the world and 1st in Asia for IMD World having the least Competiveness year corruption in its economy Book - 2009 IMD World Competiveness year Book - 2009 Singapore has topped BERI's Labour Force BERI's Labour Force Evaluation Measure Evaluation Measure (LFEM Report) for Report - 2010 last 31 Years. Singapore is ranked 7th in the world and 2nd in Asia for IMD World having the most Competiveness year motivated Book - 2010 workforce

Least corruption in its economy in Asia 1 Most transparent country in the world and Asia 1

BERI's Labour Force Evaluation Measure 1

Most motivated workforce in Asia 2

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

Best skilled labour in Asia

IMD World Competiveness year Book - 2010 IMD World Competiveness year Book - 2010 The Global Competitiveness Report 2009-2010, World Economic Forum

Most business conducive labour regulations in the World 2

Singapore is among the top 5 in Asia for the best skilled labour Singapore's labour regulations are the most business conducive in Asia

Labour/employer relations

Best country to work in

First choice for Asian expatriates

Foreign talent rank IMD World Singapore as Asia's Competiveness year best country to Book - 2010 work in ECA Location Ratings Survey, ECA Singapore is the International, 24 first choice for March 2010 Asian expatriates

e. Trade Agreements. Free Trade Agreements are the secrets behind connecting Singapore to major economies and new markets worldwide. The benefits that your business gets to enjoy are: tariff concessions, preferential access to certain sectors, faster entry into markets and Intellectual Property (IP) protection. Singapore currently has FTA's in force with world's leading trading partners to help reduce the tax burden on your Singapore business. Agreements have been signed with key

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

economies such as USA, Japan, Australia, New Zealand, China, India, South Korea, Panama, Chile, Jordan, Switzerland, Iceland, Norway, and many more. Singapore has also signed 35 Investment Guarantee Agreements (IGA), which help to protect business investments made by Singapore-based companies in other countries against noncommercial risks. Singapore is also part of Schemes of Preferences designed to help reduce trade barriers. f. Immigration and Visas. Singapore's open Immigration policy enables the relocation of foreigners who wish to establish their business in Singapore. If you are a business entrepreneur who needs to relocate to Singapore to run your business or if you need to hire foreign professionals - the government has anticipated your needs and appropriate Singapore work visa provisions have been made to cater to such needs. Singapore aims at transforming itself into the "talent capital' of the global economy. As an aid to achieving this goal, it has liberalized its immigration policy, making it easier for foreign professionals to gain Singapore Permanent Residence (PR) status. High skilled manpower are allowed to bring their family members and they are also exempt from quota system. Foreign professionals are encouraged to become PRs. The government has ensured that PRs also enjoy many benefits that of like citizens. Singapore immigration laws for foreign talent highly-regarded for being business-centric. According to IMD World Competiveness year Book 2010 Singapore Scores 6.83 rated out of 10, which states that the immigration laws prevent considerably less for employing foreign nationals. g. Quality Life. According to the Mercer Quality of Living global city rankings 2009, Singapore topped the

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

list for quality of life in Asia as well as for city infrastructure in the world. An annual survey by human resources consultancy ECA International comparing 254 international locations found that Asian expatriates ranked Singapore as their preferred city to live in, citing the high standards of infrastructure and healthcare, as well as low crime rates. The citys modern facilities for education, dining, shopping and recreation also add to its appeal. The Global Country Brand Index ranked Singapore 2nd in the world for its shopping, nightlife and dining. Singapore is Cosmopolitan country where one can see the harmonious Co existence of different cultures, lifestyles and religions which unique in its nature. Singapore has a warm and pleasant weather round the year and this adds tremendously to the comfort level of people here. More over Singapore is considered as one of the cleanest and greenest city in the world. One among the three persons here are foreigners who is either working or doing business in Singapore. This adds to the variety of culture Singapore has and shows the welcoming nature of the country. There are numerous schools catering to the education needs of expatriate children while its local schooling system has achieved academic distinction.

h. Skilled Workforce: Almost one in four skilled workers in Singapore are from overseas. To work in Singapore means to to be part of an international workforce that is highly skilled and proficient in English and often one other regional language. The government and corporations also encourage in training, offering continuous opportunities to enhance the qualifications, productivity and skills of the work force. All these factors make Singapore-bred talent highly valued in the light of a global economy. (Setup My Business in Singapore) add the hyper link to steps to business setup along with contact us page and order now with a cart. i. Governance

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

Taxes

&

Benefits

There are many reasons why one has to choose Singapore to initiate their business setup and establish their operations in Singapore. The Primary one is the ease of setting up and operating business. Very attractive corporate and personal tax regime, tax relief measures, absence of capital gains tax, one-tier tax system, and extensive double tax treaties. a. Corporate Tax One of the lowest effective corporate tax rates in the world, attractive tax incentives and generous deductions make Singapore an inviting place to do business in. Corporate Tax Rate is capped at 17%. Singapore follows a single-tier corporate tax system, where tax paid by a company on its profits is not imputed to the shareholders (i.e. dividends are tax free). A Tax Resident Singapore Company (The control and management of the business is exercised in Singapore. Since Singapore encourages entrepreneurship, there are lots of flexibilities that one can enjoy, especially for a new start up company) can enjoy the below benefits. 1. Tax exemption scheme available for new start-up companies. 2. Tax exemption on foreign-sourced dividends, foreign branch profits, and foreign-sourced service income. 3. Benefits from Double Taxation Agreements (DTA) that Singapore has concluded with treaty countries. 4. Tax is considered for the income remitted in Singapore. Tax Rate for the First three years of a Resident Singapore Company

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

Tax Rate from fourth year onwards for a Resident Singapore Company

My

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com

Company can enjoy these benefits? a. Is your company a resident Singapore Company for the year of assessment? (Contact Us for assistance) a link to our service Company incorporation. b. Is the number of share holders of your company is not more than 20? c. At least one your company share holder has not less than 10 % of holdings? If the answer is yes for the above questions, you are eligible for availing all the benefits of Singapore Flexi Tax Regime. NB: For our expert advice and suggestions, please contact our specialist. ( A Link to contact us followed by our services, company incorporation)

More Benefits..??? Category

Tax rate on capital gains accrued by the company

Tax Rate
0%

0% Tax rate on dividends distribution to shareholder Tax rate on foreign-sourced income not brought into 0% Singapore Tax rate on foreign-sourced income brought into 0 - 17% subject to certain Singapore conditions 10% Finance & Treasury Centre Co. Fund Manager Headquarters Co. International Commodity Trader Offshore Leasing Oil Trader Securities Company Trustee Company 10 / exempt% 10% 10% 10% 10% 10%/exempt 10%

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Servolve Pte. Ltd.

#03-05 Red Dot Traffic Building, 28 Maxwell Road, Republic Of Singapore069120 U.E.N. : 201016972C Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 support@servolve.com ; http://www.servolve.com 10% 10%/exempt 10%/exempt

Arts & Antique Dealers Asian Currency Unit Insurance & Re-insurance Co.

b. Personal Tax
All individuals who generate an income of S$20,000 or more from Singapore are liable for paying tax and hence to file their returns. Singapore follows a progressive tax rate starting at 0% and ending at 20% above S$320,000. There is no capital gain or inheritance tax. Individuals are taxed only on the income earned in Singapore. The income earned by individuals while working overseas is not subject to taxation barring few exceptions. Personal Tax Rates Income Tax rate on first 20,000 Tax rate on next 10,000 Tax rate on next 10,000 Tax rate on next 40,000 Tax rate on next 80,000 Tax rate on next 160,000 Tax rate on above 320,000 Tax rate on capital gains Tax rate on income earned overseas Tax Rate 0% 3.50% 5.50% 8.50% 14% 17% 20% 0% 0%

Tax rate on dividends received Singapore 0% company

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#03-05 Red Dot Traffic Building, 28 Maxwell Road,

Cell: +65 9736-9040 ; Phone: +65 6591-8721 ; Fax: +65 6327-4841 Republic Of Singapore069120 U.E.N. : 201016972C

support@servolve.com ; http://www.servolve.com

Servolve Pte. Ltd.