Singapore’s government is friendly and pro-business. The legal and judicial system is transparent and independent. Corporate governance is ingrained in the business culture, and corruption is almost non-existent. There is no capital gains tax, dividends tax, estate tax or inheritance tax.
Reasons to do business in Singapore include:
- A pro-business, open economy
- Safe, clean and sustainable
- Excellent infrastructure and connectivity
- Efficient business environment
Like all markets in Asia, Singapore has unique business and cultural traits that shape a company’s experience in the city. To avoid any unintentional faux pas and to make life easier, here is a list of important facts about doing business in Singapore:
- Tax obligations
- Types of visas
- Registering businesses
- The Central Provident Fund (CPF)
- Employment considerations
- Business etiquette
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