NewsCase StudiesEvents

Doing Business In Singapore

Also in the news...

Countering sanctions evasion: guidance for freight and shipping

For freight forwarders, carriers, hauliers, customs intermediaries, postal and express operators, and other companies facilitating the movement of goods.

International Compliance Tips for Entrepreneurs Going Global

While expanding across borders can accelerate business growth, it also raises the stakes when it comes to staying legally compliant.

Cutting Administrative Burdens When Trading Abroad

From customs declarations to inventory tracking across borders, the paperwork and compliance requirements can quickly become overwhelming for growing companies.

Temporary agreement between the Swiss Confederation (Switzerland) and the UK on services mobility

Temporary agreement documents and the exchanges of notes extending the agreement.

Decision. UK-Central America committee documents

Decisions, documents and meeting minutes from UK-Central America countries committees.

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.