Singapore is one of the best business hubs. It has a very strong startup ecosystem in the place. The government takes an active interest and supports new companies with accelerator and incubator program. It is easy for a startup to find funding in Singapore.
It offers them various tax benefits, rebates, exemptions like tax exemptions for startup companies to reduce their overhead costs. The Singapore corporate tax is in the range of 0%-17%. The dividends to shareholders are tax-free.
Singapore is an entrepot and serves East and West. It has reliable sea and air connectivity with the rest of the world and emerging markets. It has efficient communication networks which offer great connectivity. It has signed more than 70 trade agreements to simplify cross-border trade.