08 May '13, 7am

Investors claim Singapore the easiest place to create a startup

Amid claims today by Innov8 CEO Edgar Hardless that Singapore is the easiest place in the world to set up a company, Catapult Ventures CEO Vinod Nair has laid out several reasons for supporting Hardless. Hardless made the claim at Echelon Ignite Australia in Sydney on Wednesday, "Singapore is really the easiest place in the world to set up a company. It requires absolutely minimal effort and can be done in three to four days," Hardless said. "I've seen lots of Singapore startups, but with no Singaporeans in them. So lots of companies with Australians, Americans, Spanish people all setting up their companies in Singapore as their base of operations." He said the process is only made easier by the amount of assistance provided to entrepreneurs. Nair went into more detail, saying that there are between 20 and 30 different schemes and grants that entrepreneurs are able to appl...

Full article: http://www.zdnet.com/investors-claim-singapore-the-easies...

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