Why Singapore?

Singapore is a top-class world city to work, live and play. The globally connected, multi-cultural and cosmopolitan city-state offers a conducive environment to creative and knowledge-driven industries.

Singapore's particular competitive factors which set it apart from other locations are:

Trust            - integrity, quality, reliability, productivity, a strong legal system;
Knowledge - knowledge-based manufacturing and services, a thought and
                        information hub, commitment to education and skills;
Connected  - physical connectivity as well as people and business networks; and
Life               - an excellent place to live, work, learn and play.

Global businesses will find it advantageous to site their headquarters in Singapore. Strong trade and investment make Singapore the world's most competitive economy (IMD World Competitiveness Ranking 2020). Singapore is also the least risky country for investment (Euromoney Country Risk, Country Risk Survey, 2019 Q3).

By situating their international HQs here, companies benefit from Singapore's network of over 90 Double Taxation Avoidance Agreements. They also gain from Singapore's many free trade agreements and Investment Guarantee Agreements. These FTAs have enabled Singapore to establish network to all major economies of the world. Companies can always rely on protection of their ideas and innovations through Singapore's rigorous enforcement of its strong intellectual property laws.

Singapore is a leading provider of services such as international banking, trade finance, maritime finance, insurance, treasury operations, and asset and wealth management within the region.

Companies based in Singapore can tap the diverse capital markets and cutting-edge financial services from both local and foreign financial institutions here. In addition, Singapore houses many professional services firms including audit, accounting and management consulting; market research, advertising and public relations; human capital services; and legal services to help MNCs tailor solutions to Asia’s diverse consumer markets and navigate different countries’ commercial systems.

Information courtesy of Singapore Economic Development Board.

Visit www.edb.gov.sg for more details.