Business Reforms in Singapore

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2010:

Positive Starting a Business:

Business start-up was simplified by making it possible to incorporate a company and register for taxes using the same online form.


Positive Dealing with Construction Permits:

Dealing with construction permits was made easier with new workplace safety and health regulations that allow low-risk industries to submit documents online.


Positive Registering Property:

Property registration was eased by improving its computerized system.


DB2009:

Positive Starting a Business:

The online process for business start-up was simplified, cutting a procedure and reducing the time required by a day.


Positive Dealing with Construction Permits:

The process for dealing with construction permits was sped up, reducing the time to build a warehouse. Almost 99 percent of applications are now submitted electronically through the Construction and Real Estate Network (CORENET).


Reform Summaries


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