Starting a Business in Singapore: 5-Step Guide for Foreigners

starting a business in singapore

For more than four years straight, Singapore is the World Economic Forum‘s number-one place to do business in Asia-Pacific last 2020 and the number-three best place globally.  Singapore’s government recognizes foreign business’ importance to its economy. With this in mind, the country continues to have low tax rates and an easy registration system for international … Read more

Company Registration (Singapore): A Step-By-Step Guide

company registration singapore

If you want to set up a Singapore company, we have fantastic news – the process for company registration in Singapore is relatively straightforward and red-tape free.  First, you’ll need to select a desired business structure for your Singapore company. Next, you’ll be expected to register your Singapore business with ACRA or Accounting and Corporate … Read more

How to Sell on Shopee Singapore and Tips on Boosting Sales

how to sell on shopee singapore

Alibaba was the answer to China’s and Central Asia’s connection to the US and European markets. However, the service’s precise Western focus has limited Alibaba’s potential as an Asian ECommerce hub, allowing Shopee to dominate the market alongside other equal competitors like Lazada and Carousell.  The 2020 pandemic has boosted many e-commerce businesses, allowing Shopee … Read more

5 Steps to Improve Your Business Operating Cash Flow

analyzing business profit

What is Operating Cash Flow? Operating Cash Flow or OCF is the amount of money generated by the regular operation of a business in a specific time period. The calculation of operating cash flow generally starts with revenues or net income. Although it starts with the income statement, the profit is used in both the … Read more

What Business To Start In Singapore? 17 Profitable Business Ideas

what business to start in singapore

According to the Economist Intelligence Unit, Singapore ranks the best country out of 82 countries to do business. It ranks the best due to its open and efficient economy. Singapore has been ranked the best country for the past seven consecutive years. The country ranks among Australia, Sweden, Hong Kong, and Switzerland. The business ranking … Read more

15 Most In-Demand Small Business Ideas in Singapore

small business ideas singapore

During the global health crisis caused by COVID-19, Singapore claimed the top position as the World’s Best Place to Be During Covid. Many multinational companies and their subsidiaries found Singapore’s foreign business-friendly laws favorable for international and local businesses. In 2020 alone, the country had over 280,000 small businesses that easily transitioned with help from … Read more

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