Consider the following three locations Central Region, Singapore, Delaware City, Delaware (USA), Douglas, Isle of Man as possible sites of establishing subsidiaries for Panamera Inc. Emphasize on Taxation, International or Regional Banking Factors, Intellectual Property Rights and Protection. Analyze the differences between each region as it relates to Taxation, International or Regional Banking Factors, Intellectual Property Rights and Protection and why the Central Region of Singapore should be the location to open a subsidiary of Panamera Inc.