Doing Business in Singapore

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Latest Destinations

Singapore City

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on Doing Business in Singapore City

World Renowned National Carrier

When you fly with Singapore Airlines, you’re not just travelling from one place to another. With its world-class products and award-winning service, the airlines brings you on a personal journey that is designed around you.

Step onboard their modern aircraft and connect to over 130 destinations they fly to, and you’ll discover what makes Singapore Airlines the world’s most awarded airline.

For flights and information:

Check out Singapore Airlines page here

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At a Glance

Singapore, an island city-state off southern Malaysia, is a global financial center with a tropical climate and multicultural population.

Its colonial core centers on the Padang, a cricket field since the 1830s and now flanked by grand buildings such as City Hall and the very modern CBD area

Singapore is known for its well-developed financial and trade sectors, for its low tax regime and openness towards foreign investment. The city-state’s success is based on a well-developed infrastructure and favorable regulatory and taxation frameworks but also on a skilled workforce

The economy of Singapore is a highly developed free-market economy. Singapore’s economy has been ranked as the most open in the world, 3rd least corrupt, most pro-business, with low tax rates and has the third highest per-capita GDP in the world in terms of Purchasing Power Parity.

It offers stability with good business policies. It remains an easy place to open new business opportunities which makes it an attractive business destination. Singapore is a well-known business and trading center that also enjoys a good location in Asia. Known as the gateway to Asia it offers easy access to other markets across Asia Pacific.

Getting Around

The city is serviced by Changi Airport. Voted the number 1 airport in the world for the 7^th consecutive year, the airport is designed so that access to and from the city is made easier by offering various transportation options and competitively priced. Public transport is favoured more

Singapore’s MRT (mass rapid transit) system is probably the fastest way to zip around the city. The extensive rail network means that most of Singapore’s CBD and key attractions are within walking distance from an MRT station. Modern, with air-conditioned trains the network links the city well, offering connections to all the major destinations within the city.

Singapore’s bus system has an extensive network of routes covering most places in Singapore and is the most economical way to get around, as well as being one of the most scenic. Buses are ideal for reaching areas of Singapore where the MRT is restricted and a good alternative if taxis are not available

Taxis are reasonably priced and plentiful, especially around the CBD areas and the airport. There are a number of operators in Singapore, with a number of them offering luxury and limousine travel around the city. Grab, South East Asia’s number 1 ride hailing app is also available in Singapore

If you feel a little more energetic and enjoy the great outdoors, Singapore has a vast network of cycle pathways, where you can rent a bike for a number of hours to get you around city or just for a relaxing ride along the coast.

Passport and Visa

All visitors who wish to travel to Singapore must obtain a visa for entry into the country unless you are visiting from one of the 34 visa exempt nationalities, in which case you can enter Singapore for periods varying from 30 to 90 days. For information on nationalities that require a visa to enter Singapore, please feel free to click on the link here https://www.mfa.gov.sg/Overseas-Mission/New-Delhi/Consular-Services/Visa-Information

The visa processing fee for each application is S$30. Visa processing fees are paid upon application of visas. The processing fee is non-refundable regardless of the outcome of the application or if you withdraw the application after submission.

All visitors must have at least 6 months validity on their passport before they can enter Singapore.

For those looking to relocate to Singapore for work purposes then you will need to visit the Ministry of Manpower website at https://www.mom.gov.sg/passes-and-permits/work-permit-for-foreign-worker for they type of visa needed to work in the country.

If you require information on investment opportunities or are wanting to set up a company in Singapore then click on to the Singapore Government site https://www.enterprisesg.gov.sg/industries/hub/startup/join-singapores-startup-hub which will share information with you on how you can receive tax breaks and benefits for your new company or visit https://www.edb.gov.sg/ to evaluate the cost of setting up business in The Lion City.

Health & Safety

Singapore is one of the safest places to live or visit in the world and according to safest and most dangerous countries ranking is the safest place in Asia.

Healthcare in Singapore falls under the jurisdiction of the Ministry of Health of the Singapore Government. The Ministry of Health (MOH) believes in ensuring quality and affordable basic medical services for all. Singapore’s healthcare system is designed to ensure that everyone has access to different levels of healthcare in a timely, cost-effective and seamless manner.

The Ministry continuously works to shape the future of healthcare in Singapore and actively promotes healthy living and preventive health programmes as well as high standards of living, clean water and hygiene to achieve better health for all.

There is easy access to the medical facilities available in Singapore both as a visitor or an ex-pat living in the country.

For more information visit the Ministry of Health website at https://www.moh.gov.sg/our-healthcare-system

Emergency numbers: