What are the Benefits of Business Expansion to Singapore?

Singapore is a small country with very few resources, yet it became a world-class tech hub in the APAC region.

One reason for this growth is its proximity to emerging markets that benefit from a vast local market, low labor costs, and expanding infrastructure.

The foundations on which the city-state was built of:

• low corporate taxes
• availability of skilled labor
• intellectual property rights enforcement
• provides a favorable environment for any business

It also has an open business policy and uses English as its primary language, which contributes to the country's top corporate governance rating.

Singapore's government is always developing new programs, such as venture funding for new startups, making the country more appealing to tech companies and startups.

It is not an exaggeration to say that Singapore's thriving economic success is the outcome of several factors — on which many may benefit by focusing their expansion plans on the city state. It’s important to do the right amount of due diligence and discovery so that when it does come time to make the decision on whether it's the right move strategically, you’ll have the latest information and can make a solid decision.                                                                                                             

#israelitech #seriesa #seriesb #israelinnovation #seriesc  #martech #fintechstartup #saasstartup #fintechstartups