Business owners all over the world regard Singapore as an ideal location to grow their businesses, with many of them using the country as a springboard to tap into other emerging markets in Asia.Many multinational companies have chosen to set up their bases in Singapore, next to 154,000 small and medium enterprises are setup in Singapore
Its well-developed technological infrastructure, robust legal and IP regime and access to global investors enable SMEs and start-ups to thrive, protect their property and grow – all of which are invaluable factors to a business looking to expand to or start in a new market.
Singapore has established itself as a reputable financial and regional trading centre. It is the world’s busiest port and a top location for investments in the Asia Pacific region. Factors such as strategic location, a competitive workforce, pro-business environment and forward looking economic policies have enabled Singapore to be the world’s gateway to Asia.
Encouraged by the Singapore Government’s liberal foreign direct investment policies, business-friendly corporate tax policies, tax exemptions on foreign-sourced incomes and first-world infrastructure, more and more asian companies are making Singapore their incorporation destination.
80startups believes that a singapore expansion would bring international value to any startup and allow it to grow across the entire Asian region.
Singapore DTA treaties and its role in ASEAN also plays an important role to become the main destination for incorporation.