Doing business in Singapore

The process of doing business in Singapore is simple. Singapore is ranked as the world easiest place to do business. Singapore has established outstanding infrastructure, convenient online portals, and transparent law which makes doing business in Singapore more fuss free.

Doing business in Singapore - International ranking

Over the years, Singapore has made important steps in many areas, particularly in economic and living standards. This improvement has attracted encouraging amount of praise for the country from official bodies to independent visitors. Singapore has been ranked as the world's easiest place to do business, safe city with low corruption and best place in Asia to live, work and play in.

Registering your business

All businesses in Singapore must be registered with Accounting & Corporate Regulatory Authority (ACRA). This includes any individual and corporation that carries out business for foreign company.

For incorporation of company there must be at least one shareholder and one director. They can be the same person and must be above 18 years old. At least one director of the company must be one of the following:

  • Singapore Citizen
  • Singapore Permanent Resident
  • Employment Pass holder
  • Approval in Principal Employment Pass holder
  • Dependant Pass holder

Foreign company that wants to setup  branch for its business in Singapore needs to assign two local agents to act on its behalf. These agents must be Singapore residents (Singapore citizen or permanent residents or foreigners with employment or dependant pass).

Recruiting manpower

Singapore maintains an edge in human resource with many strong pool of local talent and competent international workforce. You can find out more about how Singapore's competitive economy, pro business labour relations, and investments in talent training and infrastructure contribute to supportive talent ecosystem here

You may want to explore training programmes the EDB offers in partnership with many corporations. In addition, information about employment passes on the Ministry of Manpower website.

Finding premises for your business

When you search premises for doing business in Singapore, you are not short on choice. Whether is situated in the heart of Central Business District (CBD) or suburban estate. We offer the best choice of offices, shops, industrial buildings, and many other type of commercial properties.

Residential property in Singapore

Besides office, you need residential property when you decide to start your business in Singapore. We offer the best quality of residential property all over Singapore. Range from leasehold to freehold in any location you desire, we have everything for you.

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