Singapore, despite its size, is currently making waves as one of the leading start-up capitals of the world. The city-state has only officially turned 50 as a nation on 2015 and yet it was able to turn its major predicaments including lack of natural resources, struggling birth rate, and challenged manpower into forward-looking business models and a global perspective. Coming ahead of the global race isn’t exactly new to the nation. More than turning its fate around, … [Read more...]
A Complete Guide to Singapore S Pass Application
Singapore is globally known as an economic powerhouse. The city-state boasts of an enterprise-friendly environment that continues to attract entrepreneurs, investors, and corporations. The Singapore start-up ecosystem has been ranked in the top 10 top ecosystems in the world according to Compass’ 2015 Global Startup Ecosystem Ranking. More than the ease of doing business in Singapore, transparent business policies, and low corporate tax rates, the productive and skilled workforce is … [Read more...]
A Guide to Hiring Employees in Singapore
Singapore is a country known for its excellent working conditions. From employment laws to competitive salaries, the city-state has gained a reputation for being a suitable environment for both local and migrant employees. Though the living expenses in the Republic is also considered one of the highest, this is offset by the fairly low income tax for both business owners and individuals, as well as work-life balance imposed by its employment laws. An Overview of Singapore’s Employment … [Read more...]
A Startups’ Quick Guide to Corporate Tax in Singapore 2016
Among the defining factors of Singapore's open and promising environment for entrepreneurs is its corporate tax system. The city-state has a well-known reputation for having one of the world's most attractive tax rate for enterprises. The corporate tax rate of a country is a strong key point of consideration for entrepreneurs who are deciding where to register their companies. Singapore stands out not only for its easy business formation process but also and more importantly, for … [Read more...]
Singapore Enhances iSPRINT to Help SMEs Thrive
The Singapore government’s Chief Information Officer is called as the Infocomm Development Authority (IDA). It is the city-state government’s division that pushes for progress and innovation on the local information and communications technology (ICT) industry. ICT is also known as Infocomm, covering information processing through electronic communications and internet technology. Aside from focusing on Infocomm's progress, IDA’s primary mission is to use this development to primarily … [Read more...]
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