Here is an interesting article on tax considerations for doing business in UK versus Singapore. There are some interesting facts such as: 1. UK's corporate tax rate is 28% for companies with profits over 1.5 million GBP and 21% for small companies with profits of 300,000 GBP or less. Singapore's corporate income tax rate is less than 9% for profits up to S$300,000 and flat 17% above S$300,000. 2. Dividend income is taxable in the UK but not so in Singapore. 3. UK companies are taxed on their worldwide income. Singapore companies are taxed only on income that arises from Singapore or remitted into Singapore. 4. A UK company must register for VAT when its taxable turnover for a year is above or expected to be above 68,000 GBP. The VAT rate is 15%. Singapore companies must register for GST when the annual turnover is above or expected to be above 1 million SGD. The GST rate in Singapore stands at 7%. Wonder if any UK based companies or entrepreneurs are considering re-locating to Singapore??