One third of the world's top 500 companies have their headquarters here. Why?

2019/12/1113:00:16 international 877

Singapore has always been the preferred location for American and European companies to set up their Asian headquarters. At the same time, it is also the first stop of the globalization process of many Asian companies. There are currently 26,000 companies based in Singapore.

At the same time, Singapore is the Asian country with the best life experience in the eyes of expatriates. According to a survey conducted by ECA International, a global human resources research organization, it has a sound infrastructure, a stable political environment and a very low crime rate. All make Singapore the best place to live.

More than one-third of Fortune 500 companies have chosen to set up their Asian headquarters in Singapore, including Microsoft, Apple, Facebook, Google, Amazon, Twitter, Philips, HP, Procter & Gamble, L'Oreal, Unilever, GM, BMW, Starbucks, etc.


Microsoft

Microsoft’s Asia Pacific headquarters is located in Frasers Tower in Singapore and was once named “Best Employer in Singapore.” In addition, Microsoft’s operations The logistics center is also set up in Singapore!


One third of the world's top 500 companies have their headquarters here. Why? - DayDayNews


GoogleGoogle

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Google’s Asia Pacific Headquarters in Singapore Pasir Panjang Rd, plays a pivotal role in the global strategy. Singagooglers manages sales throughout Southeast Asia, mainly serving large media companies and publishers, as well as multinational and local small businesses.


One third of the world's top 500 companies have their headquarters here. Why? - DayDayNews


FacebookFacebook

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2018 Moved to Singapore in October. The new office is located in Marina One, Singapore. The office is between the 26th and 30th floors and covers a total of 260,000 square feet.


One third of the world's top 500 companies have their headquarters here. Why? - DayDayNews


AppleApple

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Apple#Asia-Pacific headquarters in Singapore Mo Kio Street 64.

One third of the world's top 500 companies have their headquarters here. Why? - DayDayNews


Amazon Amazon

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2017year Amazon officially settled in Singapore and entered the Southeast Asian market. The office is located at 23 Church St.


One third of the world's top 500 companies have their headquarters here. Why? - DayDayNews


P&G Procter & Gamble



04a7d , Responsible for brand and business management activities, covering manufacturing, marketing, supply chain management, R&D, finance and other corporate functions and talent training in the entire region. The headquarters of P&G’s Global Prestige division and Global Baby Care category are also in Singapore. At the regional level, P&G’s design and consumptionThe research activities of the researchers are based in Singapore and carried out from Singapore.


At the same time, the Asia Leadership Development Center of Procter & Gamble is also located in Singapore. This center was established in 2010 and aims to train 500 managers in the region every year to open up their perspectives on international current affairs and gain a deep understanding of the Eastern and Western cultures.

Deb Henretta, President of Procter & Gamble Asia and Asia International Beauty Care, once said: “Singapore has all the elements necessary for business success: a commitment to innovation, world-class infrastructure, and business-friendly business. Environment, excellent local talent and the flexibility needed to form a partner."

One third of the world's top 500 companies have their headquarters here. Why? - DayDayNews


UnileverUnilever


Unilever established a trading company dealing in detergents and edible fats in Singapore 50 years ago, and has since taken root in Singapore. Today, Singapore has become Unilever's global strategic hub, and many important members of the senior leadership team gather here.


Currently, Singapore also has one of Unilever’s six Customer Insight and Innovation Centers around the world, which focuses on researching shopper behavior. Unilever invested 32 million US dollars in 2011 to build a new global leadership development center-Singapore Four Acres, which is the second world-class training after Unilever’s iconic London "Four Acres" And development facilities.


"Singapore's first-class commercial infrastructure, excellent human capital, extensive transportation network and strong supporting industrial base, coupled with the Singapore government's strong support policies, make it an ideal for regional business exchanges Land.” Unilever CEO Paul Polman said.


IBM

IBM takes Singapore as a global-Asia center, thus greatly expanding its market. In IBM's customer, talent, market, and global communication strategies, Singapore's operations department plays a very critical role. In terms of strategic location, there are many opportunities in the region where Singapore is located, which can serve as a bridge to growth markets such as China, India, and Central Asia.

As the hub of regional economy and commerce, Singapore is close to the increasing number of international customers with the development of the regional economy. Through Singapore, IBM can catch the express train of economic development in Southeast Asia. It is an ideal country for IBM's global investment.

One third of the world's top 500 companies have their headquarters here. Why? - DayDayNews

What advantages does Singapore have that attract many multinational companies to set up headquarters here?


1. Foreign trade investment: Singapore is the world's most investment potential city, its foreign trade and investment volume ranks second in the world;


2.Business environment: Singapore is the world's most easy-to-do business and pro-business city. It has favorable auxiliary policies for some industries and small and medium-sized enterprises, with less bureaucracy and legal rigor, ranking first in Asia;


3. Competitiveness: Singapore surpasses the United States to become the most competitive economy in the world, and is also the cleanest economy in Asia;


4. Efficiency: Newly addedPoe’s logistics supply chain performance ranks first in Asia;


5. Business regulations: Singapore’s intellectual property (IP) protection ranks second in the world and first in Asia ;


As a signatory of the (Paris Convention for the Protection of Industrial Property) and the (Trade-Related Intellectual Property Agreement), Singapore provides additional protection for enterprises to realize the greatest potential of intellectual property rights;


6. Human resources: Singapore maintains a leading position in the workforce assessment report of the US Business Environmental Risk Investigation Agency (BERI). The positive attitude of Singapore's workforce ranks among the top ten in Asia, among the top ten countries in Asia with the best skilled workers, and among the top five countries in the world with labor laws and regulations suitable for doing business! At the same time, Singapore also has the best labor-management relations in Asia;


7. Finance and Taxation: Singapore has signed 60 double taxation avoidance agreements and 30 investment guarantee agreements, making the choice in Singapore headquarter companies that conduct multinational business enjoy tax advantages. As one of the world’s largest foreign exchange markets, Singapore has a sound financial system and attracts many regional financial centers to settle here. Singapore is also one of the few countries with a Standard & Poor’s AAA credit rating;


Singapore Located in the center of Asia, its geographical advantage is not only important for the company to expand its business in the pan-Asian region. Its good business atmosphere, sound legal protection, low tax costs, strong comprehensive service capabilities, and high-quality human resources protection , is constantly attracting entrepreneurs from all over the world to come and settle here.

How to set up a business in Singapore?


choose Singapore entrepreneurial immigration, low-cost family three-generation migration Asian economic hub center, children enjoy bilingual education in Chinese and English. Singapore carries out overall planning at the end of each year, and the quota is cleared at the end of one year. The EP quota is the largest at the beginning of each year. It is also the time when has a looser review of in a year, so now is 金时机 to immigrate to Singapore!

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