Redomiciling: Should You Move Your Business to Singapore?
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