April 10, 2015
Posted by Lee
on April 10, 2015 / Posted in About Singapore
Why Choose Singapore For Your Business?
Singapore At A Glance
Singapore is ranked as one of the top 4 most livable cities in Asia, according to the latest 2015 survey conducted by the Economist Intelligence Unit (EIU). Singapore immigration laws for foreign talent has always been highly-regarded for being business-centric, thus entreprising individuals are most welcome to work, live and play in Singapore. International companies looking to expand their operations and venture into the Asian market also favours Singapore as the most ideal place to post their staff to.
Singapore: One Of The Most Livable Cities
In Asia Many foreigners who have lived in Singapore would agree that Singapore is one of the best places in Asia to live, work and play in. The standard of living in Singapore is good because of the efficiency in finding work and doing business. Coupled with the strong economy and political stability in the country, it has brought about a safe living environment with very low crime rates.
Singapore is also known for its racial and cultural diversity which co-exists in peace and harmony. People of various culture and background come together on a daily basis to study, work or play. Singapore also enjoys vibrant day and night scenes, with many F&B outlets open past midnight.
Singapore: Easiest Place To Do Business With The Most Open Economy For International Trade And Investment
More young and educated foreigners are heading to establish their careers and set up businesses in Singapore as they see Singapore as a great anchor point for work and travel within South-east Asia. The income for expats working in Singapore is acknowledged as among the highest in the world.
Singapore is also the fourth largest foreign exchange trading centre in the world with services such as international banking, insurance, treasury operations and wealth management; capital markets and cutting-edge financial services are readily available. Global businesses with their headquarters in Singapore benefit from Singapore’s network of over 50 comprehensive Double Taxation Avoidance Agreements.
International companies also stand to gain from Singapore’s many Free Trade Agreements (FTA) and Investment Guarantee Agreements. Strong trade and investment makes Singapore the most competitive Asian country (Global Competitiveness Report 2008). The World Bank also ranks Singapore as the world’s easiest place to do business (Doing Business 2009 report). Companies can tap into the diverse capital markets and cutting-edge financial services from the many local and foreign financial institutions here in Singapore, and can always rely on the protection of their ideas and innovations through Singapore’s rigorous enforcement of its strong intellectual property laws. Last but not least, Singapore is ranked 1st in Asia and the world for being the most transparent country with the lowest corruption rate in its economy.