Singapore has one of the best workforces in the world at the moment, according to the last statistics. While one study places the city-state on the first position in its talent competitiveness index, another ones places it on the second position. Our specialists in company formation in Singapore can provide you with more information about employment in the city-state.
Taxation is one of the biggest concerns when opening a business in any country. Nevertheless, nowadays many countries offer different tax deductions or exemptions is order to attract foreign investors and Singapore is no exception. Through a process called tax optimization, foreign enterprises can choose one of the schemes implemented by the Government in order to benefit from several tax reductions.
The Singapore Business Federation’s SME Committee (SMEC) announced that the Government has started to encourage small and medium-sized enterprises in the city-state to participate in public development projects. According to statistics, governmental projects could help Singapore SMEs to grow. At the end of January, SMEC also organized an event in order to help small and medium-sized companies to better comprehend how they can access governmental development projects.
A recent global study placed Singapore on the second place as the “most up-and-coming” economy among the 60 countries surveyed. The report addressed a series of sections among which entrepreneurship, business environment and citizenship. Our specialists in company formation in Singapore can provide you with detailed information about business opportunities in the city-state.
Several Asian countries have enabled the Asian Business Law Institute with the aim of supporting foreign companies in various industries. Among these, the Institute will help foreign pharmaceutical companies to set up operations in Singapore. Our specialists in company formation in Singapore can help you open a company in the city-state.
A recent survey shows that small companies in Singapore will benefit from significant growth in 2016. Small enterprises have started to gain terrain in Singapore during the last few years and have registered an important increase in their profits in 2015, hence their optimism for the new year. Our specialists in company formation in Singapore can help foreign investors who want to start a business in the city-state.