Why Choose Singapore For Your Business

Singapore has established itself as one of the leading business centres in Asia and is fast becoming the natural choice for businesses looking to expand in the region. With a wealth of talent, first-class infrastructure, safety and stability, and no direct Capital Gains taxes, Singapore has all the ingredients to ensure your business success. Here we take a look at why many businesses, including those from the UK, are choosing Singapore for their business and investments.

1. Access To Talent

The Singapore government has long recognised the importance of its human capital and made it a priority to develop the capabilities of its people through training and development. This has led to the formation of a large pool of well-trained locals who can speak English and have experience in international business. English is also widely spoken and fluently heard throughout the business community, ensuring locals will be easily assimilated into your team.

2. Cost-Effectiveness

One of the critical advantages of Singapore is that it is widely recognised as one of the most competitive locations in Asia without sacrificing quality. According to the Financial Times, it has been number one in several industry rankings, such as Asia’s most business-friendly city in 2015.

3. Impressive Pool Of Talent In Singapore

The government has invested substantial educational resources, resulting in top-ranked universities like the National University of Singapore (NUS) and the Nanyang Technological University (NTU). Moreover, more than 18 international schools have opened in Singapore in the past 10 years, further contributing to the education landscape.

If you are looking to build and grow a company, but want a less risky environment, Singapore is a perfect choice—it's a safe place to experiment with your business ideas without compromising on culture or location, and it's an easy place to scale your business once you've proved that your ideas work.The combination of a competitive tax structure and excellent workforce quality means that businesses can save money and time — and the added bonus of building on networks and connections when working in Singapore.