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	<title>Singapore Blog :: Business &#38; Education</title>
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	<link>http://www.singdirectory.com/blog</link>
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		<title>Site of the Month for December 2011</title>
		<link>http://www.singdirectory.com/blog/site-of-the-month-for-december-2011/</link>
		<comments>http://www.singdirectory.com/blog/site-of-the-month-for-december-2011/#comments</comments>
		<pubDate>Wed, 07 Dec 2011 03:13:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/?p=41</guid>
		<description><![CDATA[Site of the Month for December 2011 is concerned with Singapore Trade. Singapore Trade Directory is a Singapore business directory providing business information related to trade, financial services, real estate, travel, shopping, education, transportation and telecommunications.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.singaporetradedirectory.com/"><img src="http://www.singaporetradedirectory.com/images/logotext.gif" alt="Singapore Directory" class="aligncenter"/></a><br />
Site of the Month for December 2011 is concerned with <a href="http://www.singaporetradedirectory.com/">Singapore Trade</a>. Singapore Trade Directory is a Singapore business directory providing business information related to trade, financial services, real estate, travel, shopping, education, transportation and telecommunications.</p>
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		<item>
		<title>Singapore Tour in 2 and Half Days?</title>
		<link>http://www.singdirectory.com/blog/singapore-tour-in-2-and-half-days/</link>
		<comments>http://www.singdirectory.com/blog/singapore-tour-in-2-and-half-days/#comments</comments>
		<pubDate>Fri, 29 Jul 2011 02:33:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Travel and Tourism]]></category>
		<category><![CDATA[Singapore Shopping]]></category>
		<category><![CDATA[Singapore Tour]]></category>
		<category><![CDATA[Singapore Travel]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/?p=40</guid>
		<description><![CDATA[&#8220;Singapore Tour in 2.5 Days OK, But Tight! 1. some visitors have tried to &#8216;see&#8217; Singapore in a 1-day stopover tour. But packing in a 1-day Singapore tour does not do justice to this beautiful city. 2. In 2.5 days, you&#8217;ll have enough time to see some of the major sights. However, you&#8217;ll need to [...]]]></description>
			<content:encoded><![CDATA[<p>&#8220;Singapore Tour in 2.5 Days OK, But Tight!<br />
1. some visitors have tried to &#8216;see&#8217; Singapore in a 1-day stopover tour. But packing in a 1-day Singapore tour does not do justice to this beautiful city.</p>
<p>2. In 2.5 days, you&#8217;ll have enough time to see some of the major sights. However, you&#8217;ll need to be very selective with your choices. If you could tell me what your travel preferences are (e.g. shopping, museums, culture, etc.), I could point you more specifically to the nice spots.</p>
<p>3. Generally, first-time visitors have said that they enjoy:</p>
<p>a. Singapore Night Safari &#8211; plan to arrive before 7pm to watch the tribal show. Allow the whole evening for a leisurely stroll round the park.</p>
<p>b. Walking (or Shopping) Tours of the so-called Ethnic Quarters (Little India, Malay-Arab Quarter, Chinatown). Allow half a day for each area. Check out the links on the left-side menu of this site.</p>
<p>c. Late-Night Shopping at 24/7 Mustafa Centre.</p>
<p>Have a wonderful Singapore tour.&#8221;</p>
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		<item>
		<title>Site of the Month for June 2011</title>
		<link>http://www.singdirectory.com/blog/site-of-the-month-for-june-2011/</link>
		<comments>http://www.singdirectory.com/blog/site-of-the-month-for-june-2011/#comments</comments>
		<pubDate>Wed, 22 Jun 2011 03:34:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/?p=39</guid>
		<description><![CDATA[Site of the Month for June 2011 is concerned with Singapore Resource. Link Singapore is the Singapore directory which provides related listings on business, travel, lodging, investment, education, environment, computer, art, society, culture, health, transport, shopping, beauty and much more.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.linksingapore.com/"><img src="http://www.linksingapore.com/images/logotext.gif" alt="Singapore Directory" class="aligncenter"/></a><br />
Site of the Month for June 2011 is concerned with <a href="http://www.linksingapore.com/">Singapore Resource</a>. Link Singapore is the Singapore directory which provides related listings on business, travel, lodging,  investment, education, environment, computer, art, society, culture, health, transport, shopping, beauty and much more.</p>
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		<title>The Benefits of Singapore Corporate Tax</title>
		<link>http://www.singdirectory.com/blog/the-benefits-of-singapore-corporate-tax/</link>
		<comments>http://www.singdirectory.com/blog/the-benefits-of-singapore-corporate-tax/#comments</comments>
		<pubDate>Tue, 21 Jun 2011 03:42:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[Corporate Tax Rates]]></category>
		<category><![CDATA[Singapore Corporate Tax]]></category>
		<category><![CDATA[Singapore Tax Policy]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/?p=37</guid>
		<description><![CDATA[In Singapore, foreign and local companies pay tax equally. It only emphasized how Singapore value the importance of businesses in the country may it be local or foreign, though it may sound unfair to the locals but this is what the country practises. All income from Singapore are taxed&#8211; income remitted in Singapore or derived [...]]]></description>
			<content:encoded><![CDATA[<p>In Singapore, foreign and local companies pay tax equally. It only emphasized how Singapore value the importance of businesses in the country may it be local or foreign, though it may sound unfair to the locals but this is what the country practises.</p>
<p>All income from Singapore are taxed&#8211; income remitted in Singapore or derived in Singapore. What this means is a company that is incorporated in Singapore but does most of its business with other Asian countries and receives its income overseas, is legally not liable to tax in Singapore. For some practical reasons, businessmen who wants to set up a company in Singapore are advise to seek a professional guidance regarding Singapore tax policy for them to be able to adhere to the tax incentives and policies accordingly.</p>
<p>The general corporate tax rates that apply in Singapore are as follows. &#8211; It should be noted, however, that substantial tax benefits exist for entrepreneurs and start-ups that will be explained later in the article.</p>
<p>There was a reduction of Singapore&#8217;s corporate tax which was from 18% to 17% in 20210. Depending on the amount of income received, the tax is charged in blocks.The first S$10,000 of income is taxed at a small rate of 4.5%. The next S$290,000 of profits is charged at 8.5% and thereafter, all income is charged at 17%. Therefore, a small company that makes S$8,000 in 2010 will be taxed a mere S$360. A medium sized company that makes S$250,000 in 2010 will be taxed a total of S$20,850, an effective rate of 8.34%. A larger company making S$1 million in 2010 will be taxed a total of S$144,100, an effective rate of 14.41%.</p>
<p>Over the years Singapore has also gained a lot of respect from entrepreneurs specifically, as its corporate tax policy accommodates to the general issues and needs of most newly incorporated companies. In order to assist the procedure of setting up and expanding business in the country, Singapore government has enforced tax exemptions for start-up companies.Newly incorporated companies face costs, including the simple costs of registration, to the costs of hiring and building a company, and the costs of gaining a presence in the market. Unfortunately, not all countries like Singapore understand the need to provide solutions to alleviate concerns and cost of newly built corporations.</p>
<p>In Singapore, there is an exemption of tax for a newly incorporated Singapore for the first annual profit of S$100,000 for the first three years of business.The exemption is applicable to companies that possess the following attributes namely (i) tax residents in Singapore (ii) constitute 20 shareholders or less (iii) a minimum of 10% of its shareholders are individuals. Partial exemption is still applicable, for incorporation that didn&#8217;t possessed the aforementioned attributes. In addition, the companies who possessed the said attributes would also be able to enjoy the partial exemption on the next S$100,00 of profits aside from the complete exemption. Partial tax exemption involves a 50% tax exemption on a maximum of S$300,000 of profits &#8211; S$200,000 for those that benefit from full exemption as well. This also holds true to a 8.5% tax rate on the first S$300,000 of profits, which is mere tax rate for a member of an OECD member.</p>
<p>Without being detrimental to the society in Singapore including its environment and the people, Singapore provides a favorable tax environment for businesses in the country. It becomes a challenge for other nations to also provide a low tax rate for business in their respective countries since Singapore was able to accomplish it while still upholding the nations reputation of efficiency and a high quality of life. Ultimately, tax benefits, amongst Singapore&#8217;s many other impressive facets, provides a key selling point for entrepreneurs. No wonder, Singapore has continued to be a vital business location not just in Asia but also worldwide.</p>
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		<title>Finding the Best Food to Eat in Singapore</title>
		<link>http://www.singdirectory.com/blog/finding-the-best-food-to-eat-in-singapore/</link>
		<comments>http://www.singdirectory.com/blog/finding-the-best-food-to-eat-in-singapore/#comments</comments>
		<pubDate>Sat, 09 Apr 2011 04:02:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Directories and Guides]]></category>
		<category><![CDATA[Food]]></category>
		<category><![CDATA[Food Festival]]></category>
		<category><![CDATA[Singapore]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/?p=29</guid>
		<description><![CDATA[Singapore is a multiracial country. Because of this, there are a wide variety of food in Singapore. Food is an necessary part of the travel products provided that by travel agents. Besides authentic Malay cuisine, there is also Chinese cuisine, Indian cuisine, Peranakan cuisine. All these kinds of cuisines can be found in Singapore&#8217;s wide [...]]]></description>
			<content:encoded><![CDATA[<p>Singapore is a multiracial country. Because of this, there are a wide variety of food in Singapore. Food is an necessary part of the travel products provided that by travel agents. Besides authentic Malay cuisine, there is also Chinese cuisine, Indian cuisine, Peranakan cuisine. All these kinds of cuisines can be found in Singapore&#8217;s wide range of hawker stalls, coffee shops as greatly as restaurants. Eating is a national pastime for the persons in Singapore.</p>
<p>The nicest and cheapest food can be at last found in the hawker centre. The stall with the longest queue is regularly the one surrounded by the nicest food. Singapore moreover have a lot of programmes focused on finding the good food in Singapore. We can look out for labels or stickers on the stalls as these programmes usually distribute stickers to the stalls with the fine food.</p>
<p>To greater number of promote the food culture in Singapore, there are evidently endless food promotions and tours. There is an annual Singapore Food Festival in July. This food festival attracts people from all over the nation because some of the best food can be found at the Food Festival. Some of the stalls much have states on how the preparation process of the food. Besides the Singapore Food Festival, there are other food fairs held in the year.</p>
<p>Another tip to find well food is to search the internet. There are a lot of food blogs online. Besides the food blogs, there are also a lot of sites on the internet dedicated to desired food. Some of the travel agent sites a good deal own voting process for the individuals to vote on the best food. Internet may not be the most reliable source to find superior food but it is a decent place to try.</p>
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		<title>Economic Development in Singapore</title>
		<link>http://www.singdirectory.com/blog/economic-development-in-singapore/</link>
		<comments>http://www.singdirectory.com/blog/economic-development-in-singapore/#comments</comments>
		<pubDate>Mon, 11 Oct 2010 09:03:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[Singapore Economic]]></category>
		<category><![CDATA[Singapore Technology]]></category>
		<category><![CDATA[Singapore Trade]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/?p=24</guid>
		<description><![CDATA[Singapore&#8217;s history is one of riches and romance spice trading and piracy, colonialism and growth. In the 7th century, she was the Temasek, the commercial center of Sumatra&#8217;s ancient Srivijaya empire. In 1963, Singapore was part of a political and economic alliance formed between the Federation of Malaya, Sarawak and North Borneo which is now [...]]]></description>
			<content:encoded><![CDATA[<p>Singapore&#8217;s history is one of riches and romance spice trading and piracy, colonialism and growth. In the 7th century, she was the Temasek, the commercial center of Sumatra&#8217;s ancient Srivijaya empire.</p>
<p>In 1963, Singapore was part of a political and economic alliance formed between the Federation of Malaya, Sarawak and North Borneo which is now Sabah under the nation of Malaysia. This alliance, proposed by the Malayan Prime Minister Tunku Abdul Rahman, was called Malaysia, and proved to be short-lived.</p>
<p>In 1965, Singapore separated from the Malaysian Federation to become an independent republic. Over 45 years, Singapore has relentlessly pursued the goal of becoming Asia&#8217;s Pre-eminent center for tourism, trade and finance, by developing education and technical training programs, investment strategies, aviation and environmental policies.</p>
<p>Now the small island republic of only 633 square kilometers, boasts the world&#8217;s busiest port and an airport served by over 70 of the world&#8217;s major airlines, serving more than 21 million airline passengers year. This diamond-shaped island is only 224 square miles with the population of 6 million.</p>
<p>Singapore has a highly developed market-based economy that depends heavily on exports and refining imported goods, especially in manufacturing, electronics, oil refining, petroleum refining, mechanical engineering and biomedical science sectors which could in the website in Wikipedia.</p>
<p>This nation is a good example of model urban planning and a former colony of Great Britain, it is a tiny city state. It is a member of Association of Southeast Asian Nation or known as ASEAN. Singapore is a major international centers hub in whole Asia, it is positioned on many sea and air trade routes.</p>
<p>Slum regions were eliminated and the urban planners have been knowledgeable about the planning experiences in other parts of the world especially in Western Cities.</p>
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		<title>Rent HDB Flats in Singapore</title>
		<link>http://www.singdirectory.com/blog/rent-hdb-flats-in-singapore/</link>
		<comments>http://www.singdirectory.com/blog/rent-hdb-flats-in-singapore/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 04:08:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Singapore Business]]></category>
		<category><![CDATA[Singapore News]]></category>
		<category><![CDATA[Singapore Real Estate]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/rent-hdb-flats-in-singapore/</guid>
		<description><![CDATA[HDB flats in Singapore are available for rent either directly from the Housing and Development Board (HDB), or from the open market. Those who choose to rent through the HDB will have to face several eligibility conditions, and this option is only open to Singapore citizens. Selected areas of HDB flats in Singapore For those [...]]]></description>
			<content:encoded><![CDATA[<p>HDB flats in Singapore are available for rent either directly from the Housing and Development Board (HDB), or from the open market. Those who choose to rent through the HDB will have to face several eligibility conditions, and this option is only open to Singapore citizens.</p>
<p>Selected areas of HDB flats in Singapore</p>
<p>For those looking for a relaxed atmosphere, the East Coast is the place to be, with the fabulous East Coast Park providing great beaches and is a great place for anyone looking to get away from the day-to-day hassle of the city. Try the Marine Parade area for proximity to the park.</p>
<p>If business is your number one priority, Orchard, River Valley, Newton and Outram Park all have thriving business districts close by, but few high quality HDB flats in this area available, instead, you will easily find high quality condominium around here. Of course, the price will be much higher than HDB flats.</p>
<p>Holland Village is a favorite amongst the youthful and the expatriate community, with many restaurants and bars close by to provide fun and entertainment.</p>
<p>Keep in mind</p>
<p>Check for proximity to the MRT, Singapore&#8217;s train system and most popular means of public transportation. Although not really necessary, if you do happen to have a vehicle of your own, keep in mind that most of the HDB buildings have parking facilities but you need to buy the parking ticket seasonally.Many of the HDB flats in Singapore are old and there are corridors connect each unit. The privacy will be a critical concern when considering renting such flats. However, corner unit is always better choice but you need pay more for it.Another issue with these older flats is the air-conditioning. With tropical weather air-conditioning units can be the difference between pleasant or unbearable living conditions within the flat, so it&#8217;s important you make sure the air-conditioning runs smoothly.</p>
<p>One important aspect is the elevators of the building. Although many buildings have already received elevator upgrades through the Lift Upgrading Program (LUP), the program has yet to reach all HDB flats in Singapore. It&#8217;s a good idea to see if the elevators reach all floors and are serviced regularly. You don&#8217;t want to end up having to walk up and down several stories on a daily basis, something that can be even more troublesome for the elderly and families with children.</p>
<p>A final word on HDB flats in Singapore</p>
<p>As in all housing searches, do your homework first. Feel free to be picky about things that bother you, because after all, you are the one who is going to be living in the flat. Although the HDB rental market is limited, local newspapers have rental advertisements that can be very helpful, and there are rental flat websites that can help as well. Good luck!</p>
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		<title>Singapore Hotels &#8211; A Peek Into Orchard Road</title>
		<link>http://www.singdirectory.com/blog/singapore-hotels-a-peek-into-orchard-road/</link>
		<comments>http://www.singdirectory.com/blog/singapore-hotels-a-peek-into-orchard-road/#comments</comments>
		<pubDate>Sat, 16 Jan 2010 07:26:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Travel and Tourism]]></category>
		<category><![CDATA[Singapore Business]]></category>
		<category><![CDATA[Singapore Hotel]]></category>
		<category><![CDATA[Singapore Travel]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/?p=19</guid>
		<description><![CDATA[Orchard Road is a long stretch located to the north of the Singapore River, populated largely by a multitude of world-famous shopping malls. Thousands upon thousands of travelers and locals alike flock the Orchard Road malls, and such a frequented area naturally has a wide variety of hotels to suit the needs of its visitors. [...]]]></description>
			<content:encoded><![CDATA[<p>Orchard Road is a long stretch located to the north of the Singapore River, populated largely by a multitude of world-famous shopping malls. Thousands upon thousands of travelers and locals alike flock the Orchard Road malls, and such a frequented area naturally has a wide variety of hotels to suit the needs of its visitors.</p>
<p>Budget accommodations in the Orchard district come in the form of hostels and dorm-style establishments. A good example would be the YMCA International House on 1 Orchard Road, which has dorm-style rooms but also has a gym and pool. Another example is Habitat Hostels, which has breakfasts and Wi-Fi internet access.</p>
<p>If one wants to take his accommodations a notch higher, Orchard hosts some of the finest mid-range establishments in the country. The Elizabeth hotel is an older establishment that offers excellent value for money. The colonial-style Rendezvous Hotel offers affordable rates despite the relatively modern amenities. Other mid-range hotels include the Orchard Parade Hotel and the YWCA Fort Canning Lodge.</p>
<p>While budget and mid-range hotels are available options for those on tight budgets, the number of high-end luxury hotels is where Orchard truly shines. Right at the center of the district is the Marriott, with Tang&#8217;s Department Store located in the building&#8217;s basement. Other luxury establishments include the Shangri-La, the Hilton Singapore, and the Grand Hyatt Singapore. The definitive features of these hotels are being located conveniently at or near the district&#8217;s center and, of course, offering a high level of comfort, luxury, and excellent service.</p>
<p>Once you step outside your Orchard Road Singapore hotel, there should be one thing on your mind, and that thing is something the surrounding establishments will be reminding every person: Shopping! But shopping is not the only thing worth doing in the Orchard Road area.</p>
<p>The stretch is also lined with a trio of Singapore&#8217;s best museums: The National Museum of Singapore, the Singapore Art Museum, and a British-headquarters-turned-museum called the Battle Box. There are also many places for dining, drinking, and other events and activities.</p>
<p>Getting around the Orchard Road area should be a breeze. Hopping from mall to mall should be doable even on foot. There is also an underground walkway system that links various areas within the district, such as the MRT station in Orchard and Ion Orchard to the eastern Lucky Plaza, the western Wheelock Place, and the Marriott to the north.</p>
<p>Staying at a hotel in the Orchard Road district is a fun and convenient way to experience what is perhaps the densest shopping district in the whole world. With a good range of Singapore hotels that cover the entire budget and target market spectrum, visitors and tourists of all budgets can book rooms right within the district.</p>
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		<title>Information Technology Jobs in Singapore</title>
		<link>http://www.singdirectory.com/blog/information-technology-jobs-in-singapore/</link>
		<comments>http://www.singdirectory.com/blog/information-technology-jobs-in-singapore/#comments</comments>
		<pubDate>Thu, 17 Dec 2009 07:27:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[Singapore Business]]></category>
		<category><![CDATA[Singapore News]]></category>
		<category><![CDATA[Singapore Technology]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/?p=18</guid>
		<description><![CDATA[Singapore already has various entities that cater to the information technology markets of the world right in its doorstep and it is emerging to be an essential IT hub in the Asian region. With the state&#8217;s support of making Singapore an IT friendly environment for more than a decade now, has helped prepare the country [...]]]></description>
			<content:encoded><![CDATA[<p>Singapore already has various entities that cater to the information technology markets of the world right in its doorstep and it is emerging to be an essential IT hub in the Asian region.</p>
<p>With the state&#8217;s support of making Singapore an IT friendly environment for more than a decade now, has helped prepare the country in the processing of IT products and services, build the necessary infrastructure and technology aimed to promote further the quality and standard of living among Singapore&#8217;s populace.</p>
<p>If you&#8217;re an IT professional then you&#8217;re in luck as the country is in demand of professionals such as: programmers, broadcasting operations professionals, computer operations professionals and network managers, computer system operators, computer animators, multimedia programmers, network and systems administrators, network systems and data communications analysts, software engineers, system programmers, telecommunications engineers, system designers and analysts, Telecommunication service supervisors and professionals, telecommunications installers and services, electrical linemen and production technicians are among a few of Singapore jobs that is hiring.</p>
<p>Plus, Singapore&#8217;s multinational companies is continually bringing in more developments and new technologies that will add another level up the skill meter for the professional or will add more opportunities to the industry in general.</p>
<p>Search online now and find the job that you want, among the various job hosting services online with just a push of a button. You can also give the place a try out and experience the difference yourself.</p>
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		<title>Guide to Moving to Singapore</title>
		<link>http://www.singdirectory.com/blog/guide-to-moving-to-singapore/</link>
		<comments>http://www.singdirectory.com/blog/guide-to-moving-to-singapore/#comments</comments>
		<pubDate>Fri, 13 Nov 2009 09:21:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Singapore Business]]></category>
		<category><![CDATA[Singapore News]]></category>
		<category><![CDATA[Singapore Real Estate]]></category>

		<guid isPermaLink="false">http://www.singdirectory.com/blog/guide-to-moving-to-singapore/</guid>
		<description><![CDATA[Singapore&#8217;s immigration policies make it very easy for businesses to draw on resources from outside of the city to accomplish their move to the region. Besides the standard Work Visa that is easily available, Singapore&#8217;s liberal immigration policies make procuring a Permanent Visa quite easy as well. Singapore offers low corporate and personal tax rates, [...]]]></description>
			<content:encoded><![CDATA[<p>Singapore&#8217;s immigration policies make it very easy for businesses to draw on resources from outside of the city to accomplish their move to the region. Besides the standard Work Visa that is easily available, Singapore&#8217;s liberal immigration policies make procuring a Permanent Visa quite easy as well.</p>
<p>Singapore offers low corporate and personal tax rates, ensuring that your business will thrive there. Businesses which make profits below the SGD 300,000 mark are taxed at 9%, while all businesses that make above SGD 300,000 are taxed at a maximum of 18%. As added benefits, the Singapore tax system does not include any corporate gains tax and functions on a single tier system. This means that once businesses are taxed, they are free to dispose of the dividends to their shareholders, tax free. Singapore is also home to one of the lowest Goods and Services taxes in the world. GST in Singapore is capped at 7% as opposed to the 16.4% average GST being charged all over the world.</p>
<p>Singapore has one of the most transparent and efficient legal systems in the world. This ensures that all disputes are settled and all legalities taken care of as fast and as well as possible, with minimum expenditure. Regulations as to minimum wages and working hours are well defined to cause minimal confusion. Ensure that you comply with all of these policies when you move your business to Singapore.</p>
<p>Hiring local employees would require your business to register with the Central Provident Fund (CPF) and contribute to it. If you plan on bringing in foreign employees, you will need to obtain a Work Pass from Singapore&#8217;s Ministry of Manpower.</p>
<p>Based on what type of business you start in Singapore, relevant licences and permits will need to be obtained.</p>
<p>When moving to Singapore it is also necessary to respect the region&#8217;s business culture and traditions, in your interactions with the people there. There are traditional ways of greeting Singaporean entrepreneurs of Chinese, Malay and Indian origin, but the handshake is acceptable as a form of greeting with all businessmen. Also keep in mind that the Singaporeans are extremely cautious businesspeople and never make hasty business decisions and believe in building long lasting relationships with their partners in business. Losing your temper or replying in the negative rather than promising to consider suggestions that are on the table are some of the ways to ruin business ties in Singapore. Maintaining a calm demeanour and keeping your tone gentle on the other hand, will help your business succeed.</p>
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