Singapore is one of the most important business and financial centers in Southeastern Asia which is why starting a company in the financial sector can be quite profitable. Forex trading is well regulated in the city-state, so if you want to set up a business, you first need to register a legal…
Over the years, the Singapore government has enabled various incentives consisting in grant programs meant to help small and medium-sized enterprises (SMEs). Considering these grants are given by more agencies, depending on the companies’ need and qualifications, the ministry for trade and industry decided to streamline the procedures for applying for one or more…
Foreign enterprisers looking into establishing a small or medium-sized business in Singapore can set up hair salons, as the number of such companies is on the rise in the city-state. The beauty industry has grown considerably in Singapore in the last few years, as the income of the residents has increased and so has their interest…
The financial industry is not the only sector keeping up the pace with the latest developments, as other industries are expanding their activities also. Singapore, for example, is one of the greatest touristic hubs in Asia counting thousands of visitors every year. Many of them rely on rental services during their vacations…
Singapore is a very appealing country to foreign investors mainly because of the incentives they are offered for opening companies here. During the years, the Singapore government has enabled various incentives schemes which have become quite popular among investors. This is why they were renewed and even improved in order to keep…
Singapore is one of the greenest cities in South Asia as it has gardens and green spaces in every residential area. Moreover, it was the government which came with a resolution of transforming the city-state into a “Garden City”. For this purpose, the new Industry Transformation Map also included a section where the Singapore landscaping…
Investors interested in starting businesses in an industry which is not much spoken about in Singapore can try the print sector. The intellectual property legislation transformed Singapore into one of the most sought destinations in Southeast Asia for those seeking to invest in the print industry. At the moment, there are close to 1000 print shops operating in Singapore which represents 0.3% of…
During the last several years, Singapore has become one of the largest distribution hub in Asia and Southeast Asia, most goods destined to countries in the region passing through here. This has helped a lot the economy which has led to the development of retail and tourism in the city-state. Among the…
Insurance companies in Singapore fall under the regulations of the Monetary Authority of Singapore (MAS) and are governed by the Insurance Act. The insurance legislation recognizes insurers, reinsurers, agents and brokers who can act as insurance intermediaries. Insurers can act as licensed or foreign insurers in Singapore. While licensed insurance companies can provide direct life, general reinsurance and captive insurance services, foreign companies…
As the innovation industry has developed a lot in the last several years, the number of Singapore companies applying for trademark registration with the Intellectual Property Office has also risen. Trademarks, patents and copyrights are very important for a business as it is the main of recognizing the value of their work and to distinguish it among…
