U.S. Businessman Considers Move to Singapore Due to High U.S. Taxes; Meets with Janus Corporate Solutions Team This Week

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An American businessman whose email about the United States' lack of support for business owners and its high taxes was widely circulated on the Internet may be considering the possibility of creating a new life and company in Singapore, and will meet with the Janus Corporate Solutions team this week to discuss options.

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Unfortunately, the regulatory climate in this country (U.S.) simply isn’t conducive to anyone starting or growing a business.

A letter written by an American businessman about the United States' lack of support for business owners generated a great deal of interest on the Internet and was widely forwarded. The author of the email will decide whether he will move his business and family to Singapore after Janus Corporate Solutions provides him with a comprehensive overview of the support and benefits Singapore companies and entrepreneurs utilize every day.

The author of the letter is American businessman Michael Crowley of Wake Forest, North Carolina. Crowley is a Professional Engineer (PE) who owned a firm that performed municipal and commercial development work when the US economic crisis came to a head in 2008. Due to the nature of his work, his business did not survive the downturn in US construction. Now that Crowley is beginning to rebuild his business, he still expresses a strong desire to move his operation overseas, and is currently considering business relocation to Singapore. Crowley is meeting with the Janus Corporate Solutions team this week to discuss the options available to him for moving his business forward.

In the letter Crowley expressed to his former employees his lack of confidence that the situation would improve in the near term. “Unfortunately, the regulatory climate in this country (U.S.) simply isn’t conducive to anyone starting or growing a business. That means I won’t be hiring you back, or anyone like you, anytime soon. Simply stated, business hates uncertainty. The regulatory climate in this country and the attitude of our lawmakers breeds uncertainty,” said Crowley.

You can follow Crowley’s story and the outcome of his meeting with Janus advisers this week on GuideMeSingapore.com’s blog.

About Janus Corporate Solutions
At Janus, we believe that Singapore offers an ideal location for global business professionals. It is a country with world-class infrastructure, well developed capital markets, highly educated work force, rich cultural traditions, stable and pro-business political institutions, and a low tax regime. As awareness grows about the unique advantages available to entrepreneurs and firms that migrate to Singapore, there is increasing demand for world-class professional services designed to help with this migration. Janus is at the forefront of offering such services.

About GuideMeSingapore
GuideMeSingapore.com is a unit of Janus Corporate Solutions Pte. Ltd. – a Singapore-based firm that provides professional Singapore company formation, accounting, tax, immigration and compliance services for startups and small-to-medium sized firms.

For media enquiries, please contact:
Ms. Jacqueline Low
Email: media(at)guidemesingapore(dot)com
Phone: +65 6222 7445

Janus Corporate Solutions Pte Ltd
16 Raffles Quay #33-03
Hong Leong Building
Singapore 048581

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