Singapore is a fast business city of choice. With excellent business infrastructure, political stability, and close economic ties with many of the world's leading economies. Survey by accounting giant KPMG of 260 leading global companies, conducted in September and October across 12 economies, has placed Singapore behind mainland China, the United States and India next year as well as in five years' time.

Offshore companies are companies that are incorporated in foreign countries in order to avail of flexible tax structures and fertile business prospects present in the foreign country.