Singapore is a mature market and its way of doing business is largely comparable to that of the Western world. However, there are also local influences and different customs at play, party because Singapore is home to a number of different peoples (Singaporeans, Indians and Malaysians). The best way to maintain business relationships in Singapore is through personal contact. If this is not possible, it is important to find a reliable partner who can take on this task for you.
Initiatives by Singaporean civil servants, who over the past few years have set up a number of different customs programmes and trade agreements, have made great strides towards borderless trade for Singapore. These kinds of initiatives have also made it easier to do business with Singapore.
The opportunities offered by the Singaporean market chiefly lie in the logistics sector, the food sector, the healthcare sector, the chemical sector and the technology sector (Cleantech).
Singapore has a great deal to offer foreign companies, but the legal and customs systems are still extremely complex. Careful preparation as regards permits, procedures and taxes is therefore required.
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Do you have any questions or doubts concerning how to export to Singapore or how to import from Singapore? Or about the opportunities for your company on the Singaporean market? If so, don’t hesitate to contact us – our consultants are always ready to help.
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Services for Singapore
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Legal
- Trademark registration
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Commercial
- Market research
- Prospect support
- Event support (seminars, trade fairs, trade missions, info sessions)
- Creating/optimising a marketing strategy
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Logistics
- Shipment coordination
- Outsourcing export management
