The Monetary Authority of Singapore has approved and issues the license for the first equity and crowdfunding platform in the city-state. Start-up companies in Singapore will now have the possibility of raising funds just like companies in the West. If you want to open a company in Singapore, our local agents can assist you.

The beginning of the year brought a spectacular increase for Singapore companies which have earned approximately 174 million USD on the equity capital markets. The offering yielding the best incomes were follow-on and initial public ones. Our company registration agents in Singapore can provide you with information about the city-state’s equity markets.

Towards the end of March, the new Singapore finance minister announced the Budget for the financial year 2016/2017. According to specialists, the new Budget will focus on supporting Singapore companies to navigate through the economic difficulties that may arise and employees to maintain their jobs. Our specialists in company formation in Singapore can provide you with information about the measures to help companies this year.

The new 2016 Budget should contain funds for research and development (R&D) companies in Singapore, according to tax consultants. Specialists say that these companies could support economic growth which is why the current funding programs could be improved. The Government has already implemented a new program which will provide R&D enterprises with additional funds by the end of 2020.

The Singapore retail industry has risen at the beginning of the year thanks to the increase of motor vehicle sales. On a year to year basis, the automotive industry registered the highest growth among all other sectors. You can find out from our specialists in Singapore what the best industries to invest in are at the moment.