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Reasons to Set-up Business in Singapore

Update Date:2015-10-2 8:28:28 Source:Tannet (Malaysia) Sdn Bhd Views:627

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At the crossroad of international trade routes and the junction of East and West, Singapore is a top-class world city to live, work and play. The multi-cultural cosmopolitan city is the most competitive in Asia and is officially the world’s easiest place to do business. Since 14 consecutive years Singapore is ranked second as the city with the best investment potential worldwide.

The city is Asia’s most “network ready” country and is rated to have Asia’s best business environment. The workforce is the best skilled in Asia Pacific and the most motivated in the region while labour regulations are the most business conducive in Asia.

Foreign talent is very welcome and immigration laws are the least restrictive in the world. Companies benefit from a range of free trade agreements, Double Taxation Agreements and many Free Trade Agreements while being served by over 500 local and foreign financial services and more than 4,500 companies offering services such as audit and accounting, management consulting, market research, legal and human capital services.

The Government is well known for its pro-business policy regardless of world economic situations and crisis, while promoting assets such as integrity, quality, reliability, productivity, rule of law and enforcement of intellectual property rights.

Besides, Singapore is a top transportation hub for sea and air cargo with its busy container ports hosting 200 shipping lines with links to 600 ports in over 120 countries. Changi International Airport offers over 4,000 weekly flights into 57 countries.



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