Why Singapore is Preferred by Foreign Companies

Singapore has a unique position in the global economy and a pivotal role as a business epicentre in the heart of Asia. The city-state has been consistently acknowledged as a global business hub – one that features developed infrastructure, political stability, open business policies, a skilled workforce, the use of English as the main working language and respect for intellectual property rights.

Global businesses will find it advantageous to site their headquarters in Singapore. Strong trade and investment make Singapore the most competitive Asian country and the world’s easiest place to do business.

Many multinational companies have chosen to set up their bases in Singapore, next to 154,000 small and medium enterprises. 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.

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.

Whether you are a non-resident individual, small and medium company or a multinational, opting for Singapore company incorporation will give you a launch pad to region’s other developing economies. This aside, you can benefit from Singapore’s wide network of trade agreements, ease of doing business, an attractive tax system, and sound intellectual property protection.

 

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