What is Singapore's Business environment?
I want to start a business in Singapore and I want to know the business environment. A lot of business owners are atracted to making business in Singapore and i want to know the reason why. A lot of business owners makes it seem very easy to start a business in Singapore and i think it is because of the environment there which makes me want to know more.
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Singapore held a decade-long place at the very top of the World Bank’s list of the easiest places to do business up until last 2016. It is easy to start a business in Singapore because because there is an abundant number of business opportunities for both locals and foreigners. The income tax rate for companies that are based there is 17%. However, these businesses are only expected to pay tax if their taxable income exceeds S$300,000