Enterprise Singapore to support 18,000 businesses by 2023

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Singapore-China mutual visa-free travel to start on February 9, 2024
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Singapore draws $12.7b in fixed asset investments in 2023
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Singapore-China mutual visa-free travel to start on February 9, 2024
2024-01-29
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Singapore draws $12.7b in fixed asset investments in 2023
2024-02-05

Around 3,000 of these companies are expected to generate $16.4 billion in revenue annually, and create 21,500 skilled jobs within the next three to five years, EnterpriseSG said in its annual review report on Jan 25, 2024.

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The other 15,000 companies partnered with EnterpriseSG on basic capability building, such as adopting digital solutions like inventory or human resource management systems. They also pursued initiatives to explore fresh market opportunities, such as participation in overseas trade fairs.

About $10.2 billion of the $16.4 billion in projected revenue is expected to come from enhanced cost competitiveness through automation, process redesign and offshoring projects.

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FOZL Group provides one-stop corporate services to local and overseas companies, currently serving over 1,000 companies in Singapore. FOZL assist clients to register Singapore companies, and provide Accounting, Annual Return, Auditing, Tax Declaration, Trademark Registration, applying for Investment Promotion Policies, Corporate Advisory, Private Client Consultancy, establishing Family Offices and providing serviced office solutions for enterprise.

If you would like to learn more, please feel free to contact us, and we will be happy to assist you.

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