Singapore is a well developed and flourishing free market economy which has an open and corruption-free environment, a low tax regime and a per capita GDP at par with many developed countries in the west. It is the main centre for trading oil and other energy products, and is a key hub for currency trading.
The regulatory changes introduced by the Singapore authorities have attracted many international fund managers to transfer their operations to the city. While Japan and Hong Kong are the key players in the region’s hedge fund management field, Singapore is rising as one of the preferred Asian locations amongst hedge fund managers for fund start-ups. Singapore is climbing the hedge fund ladder at a quick pace due to the comparatively simple registration process, which is a critical issue when deciding the place to set-up.
Singapore’s corporate tax rate is now at 17% and it allows many tax exemptions for new startup companies. Also, there is no capital gain tax in Singapore. All these factors make the country an ideal jurisdiction for business incorporation.
Singapore is a preferred choice for business incorporation for many entrepreneurs. Because of this, the demand for agencies which they offer English to Chinese translation services in Singapore is very high. If you do not want to leave a good amount of money on the table, getting your marketing and promotional texts translated into Chinese is a must-do. For doing this, you do not need to invest a huge amount of money like when building a new office in a foreign country; you can simply translate your website content into Chinese.
The Chinese-speaking people are alien to your business; so, to make sure they understand what your business is all about, you need to take the help of an efficient translator for getting all the necessary texts translated correctly. A good service provider strives to break the language barrier and help you get accepted in the new culture. Once this is done, you can hope to effectively communicate with the foreign market.