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An overview of Singapore’s investment environment
Singapore’s excellent strategic location and globalised economy make it an attractive business hub for organisations looking to build their presence in Southeast Asia and Asia-Pacific.
If you are planning on doing business in Singapore, knowledge of the investment environment and information on legal, accounting and taxation framework are essential to keep you on the right track.
This guide will provide you with insights into the key aspects of investing and undertaking business in Singapore. It makes reference to some of the most common issues companies might face when expanding into the city-state.
All businesses of any sort must be registered before commencing business in Singapore. The type of business structure one chooses depends on the business needs. Tax implications vary according to the structure and professional advice is essential before commencing business.
Vibrant startup ecosystem and diverse merchant profile
Access to finance
Singapore’s economy is ranked as the most competitive in Asia (World competitiveness ranking report 2022)
Quality of life
Excellent facilities for shopping, sports and recreation
Diverse economic base with key industries including manufacturing, wholesale trade, finance and insurance industries
Most talent-competitive country in Asia and second globally (The global talent competitiveness index 2022)
Business-friendly import-export procedure and transparent tax regime