With globalisation and rapid changes in the world's economy, increasing number of investors and entrepreneurs are setting up businesses overseas such as Singapore. The reason behind this phenomenon is two-fold:
Businesses can get a strong foothold in the international market
Businesses can take advantage of the many tax benefits offered by foreign countries
Singapore scores high on these factors, making it a popular destination for business setup. It is a platform where East meets West and it provides an excellent gateway to nearly all of the major Asian markets. It offers global connectivity due to its strategic location, a pro business environment, attractive tax regime, liberal immigration policies, skilled and talented labour force, world-class infrastructure, an efficient legal system, high quality of living and a responsive government.
