3 Reasons Singapore Is the Better Bet Than BVI

Singapore and the BVI often show up on the same shortlist when entrepreneurs look at going international, but in practice, they lead to very different outcomes. For most founders and small business owners, the choice is less about tax headlines and more about whether the company can actually operate smoothly.

Axel from Statrys explains why Singapore consistently proves to be the more practical and reliable option, especially when it comes to banking access, credibility, and long-term stability.

Key Takeaways:

• Why opening and maintaining business accounts is far easier in Singapore than in the BVI
• How payment processing and platforms like Stripe and PayPal favour Singapore companies
• The reputational challenges BVI companies face with banks, clients, and partners
• How Singapore’s global standing helps businesses build trust instead of raising red flags
• Why economic substance rules have made BVI structures harder for small businesses
• How Singapore’s clear tax system and regulatory stability support long-term growth
• Why Singapore is generally a stronger choice for entrepreneurs planning to scale internationally