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Singapore More Business Friendly for Middle Eastern Entrepreneurs
4 pagine
Pubblicato da
Lorie Smith
Singapore More Business Friendly
for Middle Eastern Entrepreneurs
The ease of Singapore company registration and access to public as well as
private sector funding could offer a respite to Middle Eastern entrepreneurs
who are stymied by...
[Di più]
Singapore More Business Friendly
for Middle Eastern Entrepreneurs
The ease of Singapore company registration and access to public as well as
private sector funding could offer a respite to Middle Eastern entrepreneurs
who are stymied by high business setup costs.
According to a recent report on Forbes.
com, high licensing and governmentrelated fees are squeezing small businesses of their hard-earned profits and
stifling entrepreneurship in the Gulf Cooperation Council (GCC).
Affected
GCC economies include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and
United Arab Emirates (UAE).
According to the report, four factors i.
e.
1) business registration fees, 2) paidup capital, 3) business renewal fees and 4) exorbitant rental rates put GCC
entrepreneurs between a rock and a hard place.
1.
Business registration fees, which include government fees, visas
and deposits, ranges from US$5000 in Bahrain to US$15,000 in Saudi
Arabia and UAE.
2.
Paid-up capital of US$15,000 is also required
[Di meno]
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