Singapore to attract more global funds

Singapore to attract more global funds
May 14 12:13 2017 Print This Article

Singapore has always been a forward thinking and progressive nation when it comes to building businesses and their financial sector, with one of the most business friendly governments in place anywhere in the world.

Recently, however, Singapore has really kicked their business sector into high gear looking for ways to find and attract more global funds to this nation than ever before. Government regulations have been relaxed, incentives have been put in place, and aggressive campaigns designed to towards attracting global investment have been rolled out across the board.

A new corporate structure for investments is unveiled

According to the Second Minister for Finance, Singapore is going to open up a brand-new corporate structure for companies and organizations that want to invest heavily in Singapore, complete with all kinds of protections, privacy, and significant tax benefits that likely aren’t going to be found anywhere else.

The Minister for Finance has been very, very serious about getting more money and more capital into Singapore, especially when it comes to reaching out to global partners like the US, India, and more. This new corporate structure, combined with the always expanding startup culture that Singapore is becoming known worldwide for, is poised to transform investment opportunities in this nation for the better.

Startup culture in Singapore is exploding

Singapore is also attracting a tremendous amount of investments and a lot of foreign capital thanks to its burgeoning startup culture.

Though Singapore has yet to reach the level of influence that Silicon Valley in the United States has, they have quickly established themselves as one of the most impressive and organized places in the world to create a new startup company – replete with a number of benefits and advantages for the startup companies that just aren’t going to be available anywhere else.

More and more startups are considering Singapore as they are “base of operations” than ever before. This is having a tremendous impact on the amount of investment coming into Singapore, which in turn allows this country to improve infrastructure, invest in their citizens, build up education, and become as close to “future proof” as humanly possible.

Tax benefits are really opening up

At the end of the day, Singapore and its government’s ability to relax tax rules and regulations (even if they were already incredibly relaxed) will end up bringing in even more money than anyone could have expected or anticipated.

Smart and savvy business owners, investors, and entrepreneurs are always looking for ways to build and start their business with as little friction as possible. By cutting down on taxes, providing a tremendous amount of capital for investment, and attracting money to Singapore a lot of the friction that exists in other areas around the world dissipates completely – really opening up the potential for more companies to come to Singapore for all of their business needs.

It’s going to be very exciting to see how Singapore continues to attract funding and investment in the years to come. Many believe that this is going to be the next “big thing” in the globalized startup market, and that’s going to completely transform Southeast Asia and its position as far as global commerce is concerned.

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Chan Francesca
Chan Francesca

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