With globalisation and rapid changes in the world's economy, increasing number of investors and entrepreneurs are setting up businesses overseas such as Singapore. The reason behind this phenomenon is two-fold:
Businesses can get a strong foothold in the international market
Businesses can take advantage of the many tax benefits offered by foreign countries
Singapore scores high on these factors, making it a popular destination for business setup. It is a platform where East meets West and it provides an excellent gateway to nearly all of the major Asian markets. It offers global connectivity due to its strategic location, a pro business environment, attractive tax regime, liberal immigration policies, skilled and talented labour force, world-class infrastructure, an efficient legal system, high quality of living and a responsive government.
Small and Medium Enterprise Grant (SME Grant)
Small and Medium Enterprise Grant (SME Grant) provides Small and Medium Enterprises (SMEs) business grant to enable Singapore companies to increase productivity by empowering Infocom to allow companies to enhance business processes.
Please visit SME Grant website at www.smegrant.com for more details.