Singapore is the best place to put up a company according to recent studies. Singapore has been ranked by the World Bank and IFC as the best place to do business What could possibly be the reasons why Singapore has continued to be the haven for business individuals. Three reasons are:
The government has paid tremendous attention to attract business man. They build a safe and fair trade environment for business man. In addition, the government has also sufficient funds set aside for the facilitation of start up companies. Several young business practitioners have experiences since the universities send entrepreneurs to Silicon Valley so they can take absorb the kind of atmosphere they have.
The infrastructure of Singapore is very favorable in doing business. Protection of intellectual and personal property is also one of the main highlights of the government in Singapore. Also, it is a good place to hire intelligent workforce.
Establishing a business in Singapore is easy, and the island-state's legal system is extremely efficient and reliable. Employment and intellectual property laws in particular are business-friendly. A recent World Band study found Singapore the cheapest and easiest place to start a business in Asia.
Singapore's history comprise of only 40 years which is relatively short unlike other countries. Unlike China, whose history comprise of five thousand years' culture, it does not have its own culture. With this, it would not be difficult for local residents to embrace diverse nationalities. Labor force is a big advantage to help Singapore to be the paradise of business man. There are no natural resources Singapore. For that reason, local residents are striving to look for a job. And so, they are not hesitant to accept foreign investors to incorporate a company in their nation.
Located at the heart of international trade path, Singapore has been the number one location for foreign entrepreneur. Because of the concurrent liberalization of markets and industries and the privatization of government-linked companies opportunities to invest in Singapore and the neighboring markets is not just prevalent but also efficient. The path to blending the 10 ASEAN countries under a free trade area (AFTA) with a population of more than 500 million people is on board. Because of the Free Trade Agreements with the US, Australia, Japan and many other countries it is much easier to access the international market.
Over the past few years and until now, Singapore has been attracting immense number of people to visit the country. It attracts a great mounts of companies move there. Simultaneously, it drives thousands of workers to seek job in the country. Since there are more work opportunities there, more and more people especially from the neighbor countries pick up their backpacks to start a new life.
Singapore has been considered one of the largest economic, tour and shopping centers worldwide. More and more people would visit there for its special tourism. With the support of entrepreneurs all around the world, Singapore will be even more embellished.
The government has paid tremendous attention to attract business man. They build a safe and fair trade environment for business man. In addition, the government has also sufficient funds set aside for the facilitation of start up companies. Several young business practitioners have experiences since the universities send entrepreneurs to Silicon Valley so they can take absorb the kind of atmosphere they have.
The infrastructure of Singapore is very favorable in doing business. Protection of intellectual and personal property is also one of the main highlights of the government in Singapore. Also, it is a good place to hire intelligent workforce.
Establishing a business in Singapore is easy, and the island-state's legal system is extremely efficient and reliable. Employment and intellectual property laws in particular are business-friendly. A recent World Band study found Singapore the cheapest and easiest place to start a business in Asia.
Singapore's history comprise of only 40 years which is relatively short unlike other countries. Unlike China, whose history comprise of five thousand years' culture, it does not have its own culture. With this, it would not be difficult for local residents to embrace diverse nationalities. Labor force is a big advantage to help Singapore to be the paradise of business man. There are no natural resources Singapore. For that reason, local residents are striving to look for a job. And so, they are not hesitant to accept foreign investors to incorporate a company in their nation.
Located at the heart of international trade path, Singapore has been the number one location for foreign entrepreneur. Because of the concurrent liberalization of markets and industries and the privatization of government-linked companies opportunities to invest in Singapore and the neighboring markets is not just prevalent but also efficient. The path to blending the 10 ASEAN countries under a free trade area (AFTA) with a population of more than 500 million people is on board. Because of the Free Trade Agreements with the US, Australia, Japan and many other countries it is much easier to access the international market.
Over the past few years and until now, Singapore has been attracting immense number of people to visit the country. It attracts a great mounts of companies move there. Simultaneously, it drives thousands of workers to seek job in the country. Since there are more work opportunities there, more and more people especially from the neighbor countries pick up their backpacks to start a new life.
Singapore has been considered one of the largest economic, tour and shopping centers worldwide. More and more people would visit there for its special tourism. With the support of entrepreneurs all around the world, Singapore will be even more embellished.
SHARE
