In South East Asia, where vibrant economies, technological innovation, and a dynamic workforce converge. For unparalleled business opportunities, Discover why you should consider starting a business in Singapore. The city-state is a product of intentional, stable government, hard working society and business-friendly policies.
Beyond its skyline and cultural richness, Singapore has meticulously sculpted an ecosystem that beckons entrepreneurs, investors, and creators alike. A place of growing business opportunities and world class skills – it’s the kind of potential they make tv shows about.
A centre for business and finance
Amongst this centre of opportunity, wealth and expertise, Singapore has established itself as a hub for trade and innovation in the region, boasting one of the busiest freight terminals.
The politically stable, business friendly country, has been crafted with intentional planning, creating one of the easiest countries to do business in, hosting offices to some of the worlds biggest: Deloitte, Visa, Citibank, Samsung.
What environment has this deliberate, pro-business planning, created in Singapore?
To begin with, quality of life in the city state is excellent, healthcare, culinary options, transport, amenities, attractions… the list goes on. Unlike other cities, Singapore is a comfortable city to live in for people at alls stages of life, from the new professionals to recently retired. People at all ages and stages, from all sorts of places call Singapore home.
While that may seem like an external factor to a discussion on business, it’s the opposite. A great quality of life attracts the best talent, and has created a comfortable, safe city where people are able to work to their highest standard.
A nation as a startup incubator & accelerator
Safe streets, multilingual population, great food and iconic buildings, many would think tourism when it comes to Singapore. While accurate, behind the scenes, Singapore is a centre for innovation.
Home to countless accelerators, investors and aspiring companies in the city – you don’t have to look very far to see world leading innovation on everything from food science to breathtaking user experiences. South East Asia’s super app, Grab, is headquartered in Singapore’s One North district, a hub for startups, investors and accelerators.
Innovation in Singapore is not restricted to the private sector, the government is constantly driving digital adoption amongst its ministries and wider population. This is part of the ever spirit to continually do your best, a competitive spirit, that combined with it’s global connections, means Singapore is quick to reach all corners of the world – not bad for a small island nation!
Benefits of establishing a company in Singapore:
- Favourable company tax rate – With a rate of 17%, many companies see instant financial benefits
- Early tax exemption – Within the first 3 years of a business, companies can be eligible for exemptions
- Excellent networking – With an endless diversity of niches and passions, the different types of people you can meet here is unrivalled
- Global connections – With such a diverse population, there are many opportunities to expand into new markets
- Highly skilled work force – With a hugely diverse country, and so many others living nearby, the talent pool in South East Asia is seemingly endless
- World leading quality of life – Fantastic food, amenities and best in-the-world healthcare
With so many great reasons for starting a business in Singapore, is it any wonder that the practice is getting its own reality TV show? Yep, Singapore will soon be home to a reality TV show called ‘The Big Spark’, centred around the process of building a new company, with producers encouraging the vision of trying. Making an effort on an idea and pushing the bounds of what we believe is possible.
If you are thinking about launching a company, starting your journey in Singapore gives you the best conditions for success.
Ready to Ignite Your Business Spark in Singapore?
Embark on your entrepreneurial journey with confidence and strategic support. At 440A, we specialise in navigating the dynamic landscape of Singapore’s business environment. From company registration to strategic tax planning, we’re here to ensure your venture thrives. Whether you’re a startup looking to establish roots or an established business eyeing expansion, our expert team is ready to tailor solutions to your unique needs.
Explore our services:
- Seamless company registration
- Startup go-to-market experts
- Regulatory compliance expertise
- Business expansion strategies
- Local support for individuals
Let’s transform your vision into reality. Contact us today and unlock your full potential and how to go about starting a business in Singapore.
Your success story starts with us.