Singapore ranks #1 for US companies to staff overseas operations

Stipenda, a Boston headquartered firm that supports US professional employer organizations (PEO) providing outsourced employment solutions, has found that Singapore leads a list of the top 10 countries for US companies looking to staff overseas operations thanks to its low tax rates and high level of infrastructure and social development.

Their list compared the US’s top 50 trading partners in 14 metrics that included free trade agreements with the US, legal systems and corruption levels.

The full top 10 countries included:

  1. Singapore
  2. Hong Kong
  3. Switzerland
  4. Canada
  5. Netherlands
  6. Sweden
  7. UK
  8. Germany
  9. UAE
  10. Australia

Venezuela was at the very bottom in 50th place (for obvious reasons…).

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