Though Singapore has witnessed a more than fivefold jump in the number of Family offices over the last few years, this wealth and asset management space is still in a phase of infancy with enormous potential for future growth.
Banking is considered the backbone of every economy as it directly influences the financial and economic development of a country and Singapore is no exception. The country's robust economic development gathered pace as the banking sector grew and became stronger and efficient with time.
As an investor, if you are looking for a Singapore company incorporation for the first time, you need to open a current corporate account with a bank operating in the country to enable you to receive funds from your customers as well as manage the cash for the company’s operations.
Singapore Employment Act mandates that as an employer in Singapore, you must pay the salary of your employees a minimum once a month and within 7 days once the salary period ends based on the terms and conditions of the employment contract.
The cultural and business relations of India with Singapore dates back to the 9th century Chola dynasty and most Indian business entrepreneurs feel at home while anchoring their business vehicles on Singaporean soil.