Most importantly, this city-state is considered one of the easiest countries in the world to do business. It is notable that the country had received the 1st rank position in the "Doing Business Report" of the World Bank for the last decade. In the year 2016, it has managed to achieve the position 2nd spot in the report.
Why is Singapore Best for Company Registration?
Compared to neighboring countries, company registration in Singapore is easy and fast because it only takes one to three days as long as all the documents are in order and the application form is submitted correctly. With a variety of incentives, this island nation has emerged as one of the most attractive business destinations in the Asia-Pacific region.
In fact, Singapore has become the "Gateway to the International Market". Entrepreneurs from all over the world flock to its shores to gain access to global markets. Potential business owners striving to start a business in Singapore can get expert guidance through wlp.com.sg/singapore-company-registration-incorporation-in-singapore.
Singapore has attributes such as strategic location, excellent workforce, state-of-the-art infrastructure, pro-business government policies, and strong and protective intellectual property laws that have helped build its reputation in the international arena.
The government has left no stone unturned to make the country an attractive investment destination. It continues to attract global entrepreneurs and investors by enacting some encouraging policies such as low tax rates, tax incentives, government-sponsored financial assistance, double tax treaties with more than 70 countries, and so on.