I don’t know about the whole tax haven or legal obfuscation angle, there’s definitely way better places you can do that.
The whole tiktok CEO hearing was a complete shitshow. They were just trying to get him to say he was Chinese or had worked for the Chinese gov in the past as some kind of stupid right wing gotcha just like they did during the Cold War and trying to get people to admit to some kind of communist/socialist assocation, but in true Republican fashion couldn’t do 5 min of searching and find out he’s never even lived in China.
The only “national security” threat was tiktok was siphoning users away from US social media and threatening Zuckerberg’s net worth.
Singapore is definitely known for having lax laws. When it comes to business. They’ll kill you for drugs though.
Why else does it attract fintech startups? It’s a place with a good reputation that doesn’t seem to care much what you’re doing in other countries as long as local laws aren’t being broken
It’s not just drugs - they have some wild laws for regular people. Caning for vandalism, including graffiti, as well as many other “crimes”. Chewing gum is banned. Not flushing the toilet is illegal. Also, as far as drugs go, they may drug test you as you enter the country and you can be punished if they find any trace.
I don’t know about the whole tax haven or legal obfuscation angle, there’s definitely way better places you can do that.
The whole tiktok CEO hearing was a complete shitshow. They were just trying to get him to say he was Chinese or had worked for the Chinese gov in the past as some kind of stupid right wing gotcha just like they did during the Cold War and trying to get people to admit to some kind of communist/socialist assocation, but in true Republican fashion couldn’t do 5 min of searching and find out he’s never even lived in China.
The only “national security” threat was tiktok was siphoning users away from US social media and threatening Zuckerberg’s net worth.
Singapore is definitely known for having lax laws. When it comes to business. They’ll kill you for drugs though.
Why else does it attract fintech startups? It’s a place with a good reputation that doesn’t seem to care much what you’re doing in other countries as long as local laws aren’t being broken
It’s not just drugs - they have some wild laws for regular people. Caning for vandalism, including graffiti, as well as many other “crimes”. Chewing gum is banned. Not flushing the toilet is illegal. Also, as far as drugs go, they may drug test you as you enter the country and you can be punished if they find any trace.
Source: https://www.goabroad.com/articles/study-abroad/singapore-laws-to-know-before-you-go
Also: https://en.wikipedia.org/wiki/Caning_in_Singapore