| The Singapore business daily, Business Times | | | | culture that attracts the best talents to the island |
| reported on Monday that investment interest in | | | | city. The government and quasi government |
| Singapore from non-traditional locations including | | | | bodies zealously work towards making Singapore |
| Russia and the Middle East is escalating, as firms | | | | a thriving, competitive and efficient economy with |
| look for a base from which to tap the growth of | | | | a resourceful enterprise ecosystem. These |
| Asia. According to the data released by the | | | | factors make Singapore an ideal gateway into |
| Accounting and Corporate Regulatory Authority | | | | flourishing Asian markets. |
| of Singapore (ACRA), the number of Russian and | | | | Foreign enterprises have various options to setup |
| Middle East companies has risen significantly. The | | | | business operations in Singapore. Foreign |
| report also highlights that, the gauge of | | | | companies can either choose to set up a Branch |
| investments from non-traditional economies stood | | | | Office, a Subsidiary Company or a Representative |
| at $700 million in 2009, compared to $800 million | | | | Office. There are professional service providers |
| in 2008. This was 5.9 percent of the total Fixed | | | | who can assist in Singapore company |
| Asset Investment (FAI) seen last year compared | | | | incorporation whereby, the Singapore company |
| to 4.4 percent the year before. It must be noted | | | | registration paperwork can be effortlessly |
| that the overall FAI declined last year due to the | | | | managed under expert guidance. Singapore has |
| global financial crisis. | | | | the least red tape and along with it the availability |
| The US, Europe and Japan have remained the | | | | of such professional service providers also makes |
| traditional investors in the country, but the Asian | | | | Singapore company formation easy and enables |
| economic prospects and the relative resilience of | | | | almost instant commencement of business. |
| the region in the face of global economic crisis | | | | Commenting on the trend of growing investments |
| have grabbed the interest of potential investors | | | | and business expansions from non traditional |
| and expanding enterprises from non-traditional | | | | geographies Ms. Jacqueline Low, the Director of |
| locations such as Russia and the Middle East, to | | | | Singapore company registration agency Janus |
| look for conducive locations to leverage the Asian | | | | Corporate Solutions said "Singapore provides the |
| potential. Singapore, being the global business city | | | | best platform for enterprises targeting the Asian |
| is the obvious choice among enterprises and | | | | markets and as the Asian economies are |
| investors. | | | | expected to sustain their momentum and prove |
| Singapore apparently is a business city of choice | | | | to be resilient they are going to gain traction, so |
| because it has a world class infrastructure, | | | | without doubt Singapore with its pro business |
| competitive tax regime, a strategic location and a | | | | environment will loom larger in the radars of the |
| competent workforce along with a cosmopolitan | | | | global enterprises and investors". |