Singapore Business Setup
The Entrepreneur’s Guide To Singapore Business Setup
Over the years, Singapore has proven its reputation as an ideal venue for business and company formation. Because of its pro-business environment, the most competitive country in Asia has been a recipient of global praise. In 2010, Forbes named Singapore as the fifth best country for business set up. In that same year, the city-state also graced the top spot of World Bank’s Ease of Doing Business Report list.
Singapore Business Setup: Why Singapore Is An Ideal Place For The Aspiring Business Professional
The Merlion City’s irresistible offers, including Free Trade Agreements (FTAs), Double Taxation Avoidance Agreements, and Investment Guarantee Agreements, often capture the attention of dedicated entrepreneurs and profit-minded individuals who wish to begin a successful career in the business industry.
Are you planning to start a business in Singapore? Are you planning to build a startup company in the Lion City? Read on to discover the alluring features of Singapore as an ideal place for business set up:
Singapore is a tax-friendly nation. It retains its edge as an internationally acclaimed economy by using a pro-business tax scheme that is attractive to foreign and local investors, entrepreneurs and business entities. This laudable tax regimen features tax relief measures, tax incentives and low personal and corporate income tax rates.
Singapore has a talented, highly productive workforce. According to prestigious institutions such as the World Economic Forum and Business Environment Risk Intelligence, Singapore’s labour force is one of the best in the world.
Singapore has a solid, efficient bureaucracy. Unlike other countries tainted by corrupt schemes, Singapore’s bureaucracy is marked by competent, transparent policy-making. The strong inter-agency collaboration of government institutions in Singapore also helps streamline the process of business set up for entrepreneurs and business entities.
Seek Professional Help When Start Your Singapore Business Setup
If you wish to set up a business in Singapore, get in touch with company and business formation experts today. These competent professionals can surely help you realise your dream of building a successful enterprise.