Singapore
Financing a Business in Singapore
Recent forum posts
-
Retirement Visa in Dubai: Eligibility, Requirements and Application Guide
Dubai attracts professionals, entrepreneurs, investors, families, and visitors from around the world. Whether you are planning a short visit, relocating for employment, sponsoring your family, or seeking long-term residency, choosing the right visa and completing the application correctly is essential. Visa Service in Dubai can help
Total Posts: 1 Last post by adancbailey
-
Buy farmapram 2mg US to US Delivery,Telegram @MAIGANIPHARMASTORE Text or WhatsApp +17043120451.
Buy farmapram 2mg US to US Delivery,Telegram @MAIGANIPHARMASTORE Text or Whatsapp +17043120451. Clonazepam from us. Order Rivotril, Alprazolam, Butronin,Kodel,Bromazepam, Clembu,Vicodin Online no Imprint At @MAIGANIPHARMASTORE Text OR Whatsapp +1 704 312 0451... Buy Oxycodone in USA .Order Farmapram | Quick Overnight Home Shipping, Farmapram for Sale | Fast Overnight Home Delivery, Next day Deliv
Total Posts: 1 Last post by Jasmin
Financing a Business in Singapore
National Government Incentives
The government offers a variety of grants, incentives and support for UK businesses looking to invest in their economy through The Economic Development Board. The support is divided into six broad categories:
- Equipment and Technology
- Business Development
- Innovation, R&D and Intellectual Property
- Headquarters Management
- Industry Development
- Local Government Incentives
The assistance takes the form of grants, tax exemptions, and tax and interest breaks. The grants cover everything from recruitment, equipment to research and development. There are a number of criteria for eligibility, which can be seen at The Economic Development Board website: www.sedb.com
Local Government Incentives
Government agencies, such as The Singapore Film Society, also offer industry specific financial assistance to UK businesses in the form of loans, grants and tax incentives. Details of this can be found at www.business.gov.sg. Non financial assistance is also offered on issues such as premises and training.
Private Finance
Credit from financial institutions is available from a variety of private financial institutions such as HSBC and Barclays, which have branches in the Singapore. As with all commercial loans, a strong business plan and an understanding of the local business conventions and etiquette are important if pursuing this form of finance. A financial centre, Singapore has over 100 foreign banks in various forms.
Click here to Ask an Expert about Financing a Business in Singapore