NewsCase StudiesEvents

Doing Business In Singapore

Also in the news...

Foreign Office travel advice updates

Latest travel information for British nationals affected by the situation in the Middle East.

Check if you need a UK visa

You may need a visa to come to the UK to visit, study or work.

Apply to use simplified declarations for imports you entered in your records without authorisation

Choose how you’ll make supplementary declarations for goods that you entered into your own records without authorisation.

UKEF backs Leicester sustainable packaging firm in Australian expansion

UK Export Finance announces support for a UK luxury sustainable packaging company to expand into new foreign markets.

Hundreds of new UK jobs as Nigerian companies confirm millions in investment

Hundreds of new UK jobs are set to be created as Nigerian companies scale up their operations, reinforcing Britain's position as a leading global business hub.

Doing Business In Singapore

Back to News

Singapore is a small but wealthy city-state, occupying a strategically vital location at the southernmost tip of Peninsular Malaysia, where major sea lanes between east and west converge.

Singapore’s historic role as an entrepôtand trans-shipment centre for the region has traditionally created opportunities across a broad spectrum of sectors. This globally-connected, multi-cultural and cosmopolitan city-state offers a conducive business environment, especially to creative and knowledge-driven businesses.

Singapore is a model of economic development becoming an advanced, modern economy ranking 3rd globally in terms of GDP per capita. From independence in 1965, it achieved almost uninterrupted growth averaging nearly 8% per annum for over three decades. By the 1990s, it had GDP per capita levels similar to many OECD countries and was acknowledged widely as one of Asia’s ‘tigers’. The contrast between Singapore and some of its regional neighbours is all the more striking given its size and lack of natural resources. Singapore is totally reliant on human capital and has a workforce of 3.4 million. Foreign companies and workers contribute about 50% to GDP.

Doing Business In Singapore Guide

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.