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by Cayde-6
2398 days ago
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It's a bit more nuanced. My understanding is that for Singaporean citizens and PRs living in the country, registering a business is pretty fast, cheap, and easy. When the small foreign company I work for set up a subsidiary there, however, it was far more difficult. A lot of paperwork, required a SG legal firm and associated fees, answering a bunch of questions from the government about the business, required an existing local as the Director, etc. and it took months. The timezone difference certainly didn't help communication speed either. Then there's the visa process if you want to bring in anyone from outside of SG. Maybe it's less difficult for large multi-nationals. |
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