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10 Reasons Why Companies are Relocating to Singapore

Singapore is one of the major business hubs in Asia. Geographically, it straddles the sea links between East and West. It is what makes it an attractive place to register a company in Singapore for foreigners. Many of them relocate to Singapore to fully capitalize on the opportunity.

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Singapore is one of the major business hubs in Asia. Geographically, it straddles the sea links between East and West. It is what makes it an attractive place to register a company in Singapore for foreigners. Many of them relocate to Singapore to fully capitalize on the opportunity.

Singapore’s proximity to Asia puts it in a great position. Foreign companies and investors vie each other for a foothold in Singapore. It gives them access to Asia and approximately 4 billion consumers. Here are reasons to register a company in Singapore for foreigners.

Key Reasons to Register Your Company in Singapore

Affordable Tax Structure

Entrepreneurs and investors come to Singapore for its affordable tax regime. Low personal and corporate income tax rates, tax benefits, and absence of tax on capital gains reduce their overhead costs. Singapore has signed a network of Avoidance of Double Tax Agreements (DTAs) and other regional tax agreements with its other countries to simplify cross-border trade for its companies.

Pro Business Environment

Singapore is one of the most accessible places to do business in. The World Bank’s Report 2020 ranks it in 2nd spot for the ‘Ease Doing Business’. Singapore has world-class harbors and airports offering reliable connectivity throughout the world. Its excellent infrastructure, low tax rates, start-up ecosystem, qualified and English-speaking workforce, and robust economy make it one of the great places to invest.

Robust Economy

Singapore is a highly successful and well-developed trade-based economy. It is well supported by its electronics, manufacturing and financial services, and construction sectors. Singapore’s GDP per capita in 2020 was 59,797.75 USD and is expected to reach 61,000.00 USD in 2022. It is quite higher than even many developed nations.

World-class Infrastructure

Singapore is home to efficient ports, a rapid transportation system, subways, modern skyscrapers, to high-rise structures. Singapore has reliable communications networks for connectivity with the outside world.

Quality of Life

Singapore offers its citizens and ex-pats a secure and quality life. It is ranked in Mercer’s list as one of the best cities globally based on personal safety, political stability, and opportunities for growth.

Stable Political Landscape

Singapore offers investors and entrepreneurs a strong and stable political environment. Add to it Singapore’s record as one of the most corruption-free countries and pro-business bureaucracy. And you get a marketplace to register companies in Singapore for foreigners.

Strong Legal System

Singapore’s legal system is swift and efficient. It has strong anti-corruption laws that are implemented effectively. Investors can operate without fear of bureaucratic manipulation or interference. It also keeps the crime rate low and offers high personal safety.

English-Speaking Workforce

Singapore has invested in its education sector, which has ensured a 90% literacy rate. Its colleges and universities are sources of qualified individuals. Singapore also attracts qualified foreign professionals, managers, and socialists. It is why MNCs prefer an English-speaking Singaporean workforce. When it comes to registering companies in Singapore for foreigners, entrepreneurs prefer to hire a compatible and competitive staff.

Investing in Singapore

Singapore promotes free enterprise and allows 100% foreign ownership in companies registered in Singapore. It has the Global Investor Program (GIP) and the EntrePass program to help relocate foreign entrepreneurs and investors. Moreover, there are no restrictions on transmitting profits outside of Singapore. Singapore attracted 34913.40 SGD Million in Foreign Direct Investment in the fourth quarter of 2021.

Singapore offers ‘Ease of Doing Business through the swift process to register companies in Singapore for foreigners. They also benefit from streamlined compliance procedures, low tax rates, and 100% ownership of their company. It is a secure, clean, and vibrant place that is a melting pot for different cultures.

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Influencer Marketing – Future of Marketing

Future of influencer marketing platform holds many opportunities and we will see a tremendous growth in this market in coming future. As per market report by Delvens, the global influencer marketing platform market has reached USD 7.2 billion in 2021 growing at a CAGR of 32.4% during the forecasting period, 2021-2028.

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Introduction

The advent of social media and its popularity has helped many small and new content creators to show their talent to the world. Earlier only stars and people who got covered by mainstream media channels are stated to be influencers but social media has changed the concept of influencers nowadays. Now with the help of these platforms, anyone can show their talent and can become an influencer.

When companies realized the power of these content creators, they started collaborations with these influencers. Most benefitted from this marketing are small and medium businesses whose marketing budget is limited. Influencer marketing has become the most preferred tactic for brands to connect with their target audiences.

At a fundamental level, influencer marketing is a type of social media marketing that uses endorsements and product mentions from influencers–individuals who have a dedicated social following and are viewed as experts within their niche. Influencer marketing works because of the high amount of trust that social influencers have built up with their following, and recommendations from them serve as a form of social proof to your brand’s potential customers.

During the pandemic, the culture of online shopping has risen a lot. People spend a considerable amount of time online. This habit had led to shopping through this medium has increased. When it comes to influencer marketing, businesses have to identify the influencer in their niche and ways to collaborate.

Many agencies and platforms have come forward to provide a solution where companies can easily find influencers in their niche and collaborate. These platforms also provide analytics to measure influencer marketing strategies.

How Influencer Marketing Benefitted Companies?
Nike has collaborated with a YouTube channel “What’s Inside?”, run by a father and son duo, for their product Air Vapormax series. This campaign helped Nike to gain 3.6 million views with more than 32,000 likes.

YouFoodz an Australian fresh meal company has partnered with 81 influencers who have created more than 300 pieces of content across Facebook and Instagram which has helped them to get more than 70,000 direct engagements and more than 500,000 impressions.

Kettle & Fire sells traditional, high-quality, grass-fed bone broths to health-conscious foodies. They collaborated with many influencers who help them to create high-resolution Instagram posts for their campaign which give them an incredible result. Kettle & Fire earn $4 for every $1 spent on Facebook ads.

Warby Parker, an eyewear company, collaborated with 7 micro-influencers on Instagram and YouTube for their campaign. The ads reached more than 800,000 people and have a 3.4% engagement rate.

As you can see from the above example, influencer marketing has shown an impressive result with high ROI and due to that many companies are spending on influencer marketing.

Key Players
Izea reported an increase of 62% in their revenue to $10.3 million in Q4 2021 compared to $6.4 million in Q4 2020.

Quotient Technology has reported revenue of $ 0.52 billion in 2021 in comparison to $ 0.44 billion in 2020.

Marketing platform Launchmetrics raises $50M in 2018.

Julius is acquired by Triller

Market Prospects
The future of influencer marketing platforms holds many opportunities and we will see tremendous growth in this market in the coming future. As per the market report by Delvens, the global influencer marketing platform market has reached USD 7.2 billion in 2021 growing at a CAGR of 32.4% during the forecasting period, 2021-2028. Various brands are understanding the importance of the influencer marketing platform as the end market is more focused on digitization. The influencer type of consumer is mostly followed in the field of entertainment (approx. 45.0%) and beauty influencers (approx. 42.5%).

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Glass Staircase: Improve Your Architectural Project

If you’re looking for a way to add a touch of luxury to your architectural project, consider a glass staircase.

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If you’re looking for a way to improve your architectural project, you may want to consider a glass staircase. Glass staircases offer many benefits that can improve the look and function of your project.

What is a glass staircase?
A glass staircase is a popular choice for those looking to improve their architectural project. Typically made of clear or transparent glass, these stairs are easy to maintain and add an air of elegance and sophistication to any property. They can also be used as an entranceway, providing guests with a view of the interior below.

Benefits of using glass stairs
Glass stairs are becoming more popular as an architectural feature because of their many benefits. They are often seen as being more aesthetically pleasing than traditional staircases, and they can be more energy-efficient because they use less materials.

One of the main benefits of glass stairs is that they can be very versatile. They can be used in a variety of settings, from traditional buildings to modern homes. They can also be used in locations that are difficult or impossible to access with traditional staircases.

Another benefit of glass stairs is that they are often more resistant to damage. This is because glass is a strong material and it doesn’t corrode easily. In addition, glass stairs are often easier to clean than traditional staircases.

Overall, glass stairs are a great choice for an architectural feature. They have many benefits that make them a popular choice among architects and homeowners alike.

Types of glass staircases
There are many types of glass staircases, each with its own unique benefits. Some of the most popular types of glass staircases include spiral glass staircases, which are popular for their sleek, modern look; and glass-block staircases, which are perfect for contemporary or modern homes.

Spiral glass staircases are particularly popular for their sleek, modern look. They feature a series of curved steps that wind around a central column, creating a sleek and modern appearance. Spiral glass staircases are also easy to maintain, as they can be cleaned with a damp cloth.

Glass-block staircases are perfect for contemporary or modern homes. They feature a series of square or rectangular blocks of glass that run the length of the staircase. This type of staircase is perfect for homes that want a contemporary or modern look, as it features a sleek and modern design. Glass-block staircases can also be customized to match your home’s style.

How to choose the right glass staircase
When looking to buy a glass staircase, it is important to first understand the different types that are available. There are three main types of glass staircases: metal, wood and plastic.

Metal staircases are the strongest type and can hold up to about 770 pounds per step. They can be used in open spaces or areas where children may be walking around.

Wooden staircases are the next best option as they can support up to 880 pounds per step. However, they may not be as strong as metal stairs and should only be used if space is limited.

Plastic staircase models are the weakest type and should only be used in areas with no weight restrictions. They typically have fewer steps than other types of stairs and can easily break under heavy loads. It is important to choose a model that meets your specific needs.

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