Redomiciling: Should You Move Your Business to Singapore?

May 6, 2025 - Bureau Cat 🐱

If you’re a founder or CEO looking at global expansion, you’ve probably asked:

“Should we move our corporate home to Singapore?”

 

With its world-class tax system, business-friendly regulations, and strategic location, Singapore is one of the hottest redomiciliation destinations today.

 

Here’s what you need to know before making the move.

 


 

1️⃣ What Is Redomiciliation?

✅ Transferring your company’s corporate registration from one jurisdiction (e.g., Cayman, BVI, Australia) to Singapore — without liquidating the original business.

✅ Your company retains its legal identity, but becomes subject to Singapore law and taxes.

 

Case Study: An Australian fintech firm redomiciled to Singapore to tap Southeast Asian investors and enjoy lower effective tax rates on regional profits.

 


 

2️⃣ Why Consider It?

✅ Access to Singapore’s low corporate tax rates

✅ Enhanced reputation and credibility with global investors

✅ Stronger legal and regulatory framework

✅ Easier access to Southeast Asia’s fast-growing markets

 

Case Study: A Hong Kong-based logistics player redomiciled to Singapore in light of political shifts, attracting new institutional investors who preferred a Singapore-regulated entity.

 


 

3️⃣ What Are the Key Requirements?

✅ Your original jurisdiction must allow outbound redomiciliation

✅ Your company must meet Singapore’s inward redomiciliation conditions

✅ You’ll need to align governance, compliance, and reporting structures

 

Case Study: A European SaaS company worked with local advisors to meet Singapore’s minimum requirements on share capital, director residency, and solvency.

 


 

4️⃣ What Are the Risks?

✅ Legal and tax due diligence is essential

✅ Requires upfront restructuring costs and legal fees

✅ You must ensure economic substance to defend tax residency

 

Case Study: A U.S. e-commerce brand postponed its move after realizing its operational footprint wasn’t strong enough to meet substance requirements.

 


 

5️⃣ Why Work With Paperwork.sg?

We:

✅ Advise on incorporation and redomiciliation pathways

✅ Provide corporate secretary and compliance support

✅ Connect you with cross-border legal and tax specialists

 

👉 Let’s explore if Singapore is the right home for your business