Singapore may be a tiny red dot on the world map, but its well-developed infrastructure and robust economy and skilled workforce make it the perfect place for those who are honing their entrepreneurship skills and ready to make their business ideas come to life.
Just look at the growing number of SMEs in Singapore, and it is not hard to figure out how easy it is to set up an enterprise here.If starting your own business has always been your dream, this blog may provide you with a step-by-step guide on how to be an entrepreneur and the cost you must be prepared to bear.Whether you are starting a business in Singapore on your own or with partners, you need to choose a structure that best suits your needs.
If you intend to be an investor for a business with limited liability or are seeking to raise additional capital by bringing in new investors, this may be the right business structure for you.An LLP is a preferred structure for two or more partners looking to incorporate an entity separate from themselves.