Singapore is perceived as an extravagant city-state due to the high-tech system employed, but it is also considered an excellence business center. Many foreign investors choose to open a company in Singapore due to its favorable business climate. The geographical position has transformed Singapore into one of the most visited countries in…
Foreign investments represent an important source of income to the economy of Singapore, which is why the government have enabled many incentives over time through which it attracted enterprisers from all over the world. Most of these incentives were and are still granted under the form of tax breaks or deductions. One of…
Singapore has a favorable taxation system which applies progressively to individuals and a flat rate to companies in the city-state. Foreign companies will be taxed on the income generated in Singapore only, which can lead to higher rates. This is why foreign investors usually choose to open a Singapore company rather than operate…
The new century is the high-tech century as technology is now used in every aspect of people’s daily lives. Asia is known as the “parent” of the high-tech industry and one of the countries contributing to its development at such a fast pace is Singapore. The Republic gathers thousands of professionals – engineers, venture capitalists, magnates of the technology sector-…
Crowdfunding implies obtaining funds, services or even content from large gropus of people through specialized platforms and not through the traditional way: by appealing to financial institutions or suppliers . In Singapore, crowdfunding has started to develop in the last few years after this type of fundraising has become popular in western countries. The…
Singapore is one of the most spectacular cities in the world if we are to judge it by its natural beauties, such as the suspended gardens. These natural wonders attract million visitors every year and show the interest of the local authorities in having a clean and beautiful city. Based on…
The biotechnology industry is starting to become more appealing to large foreign companies which are seeking for innovative countries to move their businesses to. Singapore is currently one of the most developed economies as well as one of the most innovative countries in the world in terms of research and development which are of…
Blockchain technology is increasing in popularity in Singapore, as the Information Communications and Media Development Authority has announced the creation of a marketplace based on blockchain technology at the beginning of April. The project will be enabled in collaboration with the Data Innovation and Protection Agency in the city-state. Our company formation agents in Singapore can help investors…
The financial industry is more dynamic than ever and the authorities in collaboration with the society and private companies are trying to create mechanisms which benefit all the stakeholders. One of these mechanisms is represented by private stock exchanges which could operate in Singapore sooner than expected. At the moment, crowdfunding companies through which private companies sell a part…
