Singapore has been continually ranked at the top by various international surveys as the country with the best business environment. In fact according to the World Bank report of Doing Business 2010, Singapore is the easiest place on earth to do business and also the friendliest country for business operations. Singapore company registration regardless of whether you are a Singapore citizen or a foreign entrepreneur takes only about one or two working days. Entrepreneurs can start their business operations almost immediately upon registration as most industries do not require additional licenses in Singapore.
Singapore also has no corruption, red tape or bureaucracy whatsoever due to which running a company in the country becomes a stress free affair. Also given the country is one of the most developed countries in the world, the infrastructure is state of the art and companies have everything they need to operate their businesses as efficiently as possible.
From business policies to the taxation system, everything favors businesses in Singapore. Not to mention the availability of well educated and highly skilled work force in the country is also another reason why Singapore is considered to have the best environment for conducting a business. Of course it is also easy for companies to bring in qualified staff from overseas which is especially beneficial to the thousands of foreign companies operating in the country.
