Expanding Your Indian Startup in Singapore

The reasons why many Indian start-ups first look towards Singapore as a base for their business are mostly practical ones. In a world that has rapidly modernised, Singapore’s government has done well in revamping and developing its infrastructure and facilities to meet the demands of a rapidly evolving economy, leading to its no. 1 ranking in the World Bank’s annual survey on the Ease of Doing Business.

In contrast however, India has struggled to balance traditional ways of life whilst attempting to keep itself globally competitive, leading it to the unique challenge of dealing with a complex and haphazard city infrastructure, with native wildlife seemingly uncooperative in its bid to modernise.

Moreover, Singapore is also one of the most business friendly countries in the world, with a large number of tax incentives, easily understood ongoing compliance requirements; and its strong diplomatic policy has established approximately 74 Double Taxation Agreements (“DTAs”), 41 Investment Guarantee Agreements (“IGAs”) and 21 Free Trade Agreements (“FTAs”) / Economic Partnership Agreements (“EPAs”) that companies in Singapore can leverage off to expand their market reach.

Read full article here: https://www.singaporecompanyincorporation.sg/blog/expanding-your-indian-startup-in-singapore/