Why Singapore is the top place to fund raise for your business?
- Koh Management
- Apr 24, 2022
- 5 min read
Why Singapore is the top place to fund raise for your business?
1. Access to a large pool of investors - According to a recent report by KPMG, Singapore is home to the third largest pool of high net worth individuals (HNWIs) in Asia, after China and Japan. This makes it an ideal place to raise funds for your business, as there is a greater chance of finding investors who are willing to invest in your company.
2. Favourable tax regime - Singapore has one of the most favourable tax regimes in the world, which is another key reason why it is such a popular destination for businesses looking to raise funds. For instance, the corporate tax rate in Singapore is only 17%, which is significantly lower than in many other countries. This makes it an attractive destination for businesses looking to minimise their tax liabilities.
3. Robust legal and regulatory framework - Singapore has a robust legal and regulatory framework, which provides investors with greater certainty and protection. This is another key reason why Singapore is an attractive destination for businesses looking to raise funds.
4. Highly developed infrastructure - Singapore has a highly developed infrastructure, which is another key reason why businesses choose to locate here. The country has an excellent transport network, including an extensive airport system that connects it to the rest of the world. In addition, Singapore has a highly developed financial infrastructure, with a well-developed banking sector and stock exchange.
5. Multilingual workforce - Singapore has a multilingual workforce, which is another key advantage for businesses looking to raise funds here. The workforce is highly skilled and educated, and many of them are fluent in English, which is the language of business. This makes it easier for businesses to communicate with their potential investors and partners.
6. Strategic location - Singapore is strategically located at the heart of Southeast Asia, making it an ideal base for businesses looking to expand into the region. The country is also within easy reach of major markets such as China, India and Australia.
7. Strong economic fundamentals - Singapore has strong economic fundamentals, which is another key reason why businesses choose to locate here. The economy is stable and growing, and there are a number of factors that contribute to this positive outlook. For instance, the government has taken steps to promote economic growth, such as investing in infrastructure and education. In addition, the country has a highly skilled workforce and a favourable tax regime.
8. Attractive lifestyle - Singapore is an attractive destination for businesses looking to raise funds, due to its high quality of life. The country offers a wide range of leisure and recreational activities, as well as a variety of shopping and dining options. In addition, Singapore is a safe and clean city, with low crime rates.
9. World-class facilities - Singapore has world-class facilities, which is another key advantage for businesses looking to locate here. The country has a modern airport system and a well-developed transport network. In addition, it has a number of world-class educational institutions, such as the National University of Singapore and the Nanyang Technological University.
10. Excellent support system - Singapore has an excellent support system for businesses looking to locate here. The government provides a number of incentives and assistance programmes, which can help businesses to get started and to grow. In addition, there are a number of professional service providers, such as banks and law firms, that can provide advice and support to businesses.
If you are thinking of setting up a business in Singapore, or if you are already running a business here, it is important to consider the following factors. These factors will help you to determine whether or not Singapore is the right destination for your business.
1. The market - Singapore has a large and growing economy, which provides businesses with a wide range of opportunities. There is a strong demand for goods and services, and businesses that are able to tap into this demand can be very successful.
2. The infrastructure - Singapore has a well-developed infrastructure, which is another key reason why businesses choose to locate here. The country has an excellent transport network, including an extensive airport system that connects it to the rest of the world. In addition, Singapore has a highly developed financial infrastructure, with a well-developed banking sector and stock exchange.
3. The workforce - Singapore has a multilingual workforce, which is another key advantage for businesses looking to locate here. The workforce is highly skilled and educated, and many of them are fluent in English, which is the language of business. This makes it easier for businesses to communicate with their potential investors and partners.
4. The location - Singapore is strategically located at the heart of Southeast Asia, making it an ideal base for businesses looking to expand into the region. The country is also within easy reach of major markets such as China, India and Australia.
5. The economy - Singapore has strong economic fundamentals, which is another key reason why businesses choose to locate here. The economy is stable and growing, and there are a number of factors that contribute to this positive outlook. For instance, the government has taken steps to promote economic growth, such as investing in infrastructure and education. In addition, the country has a highly skilled workforce and a favourable tax regime.
6. The lifestyle - Singapore is an attractive destination for businesses looking to raise funds, due to its high quality of life. The country offers a wide range of leisure and recreational activities, as well as a variety of shopping and dining options. In addition, Singapore is a safe and clean city, with low crime rates.
7. The facilities - Singapore has world-class facilities, which is another key advantage for businesses looking to locate here. The country has a modern airport system and a well-developed transport network. In addition, it has a number of world-class educational institutions, such as the National University of Singapore and the Nanyang Technological University.
8. The support system - Singapore has an excellent support system for businesses looking to locate here. The government provides a number of incentives and assistance programmes, which can help businesses to get started and to grow. In addition, there are a number of professional service providers, such as banks and law firms, that can provide advice and support to businesses.
If you are thinking of setting up a business in Singapore, or if you are already running a business here, it is important to consider the following factors. These factors will help you to determine whether or not Singapore is the right destination for your business.
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Why Singapore is the top place to fund raise for your business?
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