Singapore has become more and more of an attraction for small foreign investors seeking for development opportunities. This has enabled the creation of a new type of enterprise: the start-up company. By becoming so popular these entities have attracted the attention of the Singapore Government and now benefit from very advantageous tax conditions and incentives.
Small and medium-sized enterprises (SMEs) in need of assistance related to the use of new technology will be supported by the Government through the Singapore Institute of Manufacturing Technology (SIMTech). At the end of the program, these companies will be able to make use of the new technologies at full capacity. Our company formation consultants can help you register a small business in Singapore.
If you are considering moving or starting a company in Singapore, you might want to get acquainted with some interesting facts about the city-state. Singapore is a fascinating country, which provides numerous investment possibilities, however, like any other state it also has its oddities and people moving there should know what to expected before relocating. This article in an insight on 10 of the most curious things about Singapore.
Singapore now offers one of the most competitive environments for companies operating here, which is why keeping updated on the latest trends about becoming better than others has turned into a real focus for many investors. Whether you’re running a small business or a larger company in Singapore and want to expand, provide improved services or products to your clients or increase your market visibility, here are 7 steps to grow your business in the city-state.
Singapore has a respected reputation among foreign investors thanks to several attributes. Also, several international agencies have placed the city-state among the best places to do business in the world, which counts a lot when deciding to open a company. Another important aspect foreign enterprisers take into account when coming to Singapore is its economic stability which was achieved thanks to an uniform development of all major industries. Below you will find information about 6 of Singapore’s industries worth opening a company in 2016.
Singapore’s economy has grown more than predicted in the first three months of 2016, according to the Central Bank. From the expected 1.6%, the private sector managed to exceed the analysists’ predictions and register an 1.8% increase, the Ministry of Trade and Industry also reveals. Our Singapore consultants can provide you with information about the best performing economic sectors.
The development of the tourism industry in Singapore at an accelerated pace has determined the Government to allocate additional funds to this sector. The Government will put the money into the already established Singapore Tourism Development Fund. Our company formation consultants in Singapore can help you set up a company in the tourism industry.
At the moment Singapore is considered one of the best cities for foreigners to open a company because of the easiness to set up shop here. The World Bank also declared Singapore as one of the easiest places to do business in the world, especially for someone looking to start a small company. Below you will find 5 ideas to start a small business in Singapore.