Pertaining to foreign companies and traders, the emerging markets bring exciting new opportunities for people who do buiness growth but at the same time bring with them a number of complex issues due to the stringent business laws and regulations, poor infrastructure and shaky political systems. On the other hand, the developed markets bring better structure but of late business growth has been flat in most developed countries. Money Lender for Foreigner in Singapore
However, for foreign internet marketers, Singapore has been the most interesting market as it is probably the only country in the world which brings in the excitement of your emerging market and at the same time earns stability and infrastructure of any developed country.
Even though Singapore is a fully developed country, its economy is growing in an incredible tempo. It is constantly between the top three speediest growing countries in the world and has recently been ranked by the Globe Bank as the most friendly location to do business. Singapore’s attractiveness as a business destination is because it provides a number of advantages that other countries cannot match up to.
To compare is first with emerging markets or developing nations such as China, India, and Brazil, Singapore is a significantly easier location to do business than any other region. Foreign entrepreneurs are allowed 100 percent ownership in Singapore companies and the registration process can be completed in a day or two. For most emerging nations, the amount of days for business registration can even be much more than a month and is often plagued by several gaps due to ambiguity in the business laws. Likewise Singapore has one of the optimum infrastructures and business environment you can find anywhere in the world. Intellectual property rights are safeguarded in Singapore while in the emerging marketplaces there is a huge issue with piracy and trademark or copyright infringements.
If you compare Singapore with developed nations, then again Singapore’s sound business laws make it a preferred choice over other nations. Taxes in Singapore are one of the lowest in the world. Alternatively many developed nations around the world including countries such as The United States have used taxes to retrieve from the recent monetary crisis. Also Singapore allows quite a few of options for foreign companies to create their businesses in the country and allows them 100 per cent possession, liberal immigration laws to bring in foreign personnel, cheaper infrastructure costs than other developed nations and also treats foreign possessed business similar to in your area owned businesses. In other developed nations, usually the foreign companies are needed to invest far more money and also not provided with the same business benefits local owned companies enjoy.