Yes, offshore companies cannot lease property or hire staff directly in Singapore without additional licenses, and income remitted to Singapore is subject to a flat 17% corporate tax. They must also comply with strict AML and substance requirements.
Are there any limitations to offshore companies in Singapore?
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About the Author: Bernard Koo
Bernard Koo is a business development strategist and AI consultant with a background in marketing and advertising. He helps businesses grow through data-driven SEO, PPC, and campaign strategies, while also guiding company incorporation and compliance across Singapore, Malaysia, and Indonesia. With experience in AI-powered messaging, WordPress development, and regulatory advisory, Bernard delivers practical, scalable solutions that align marketing, technology, and operations for business success in Southeast Asia.
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