This presentation shows the 10 most important things about the Singapore business culture. If you need assistance in opening a company, our Singapore company formation agents can help you by visiting us at http://www.opencompanysingapore.com/.

1. 10 Things You Didn’t Know about
the Singapore Business Culture
A presentation brought to you by
OpenCompanySingapore.com
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2. Singapore as a Business
Center
• Singapore is perceived as an
extravagant city-state due to the high-
tech system employed, but it is also
considered an excellence business
center.
• But what are the most important 10
things one should know about
doing business in Singapore?
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3. 1. The Multicultural
Environment in Singapore
• The geographical position has
transformed Singapore into one of the
most visited countries in the world.
• When starting a company in
Singapore, foreign investors should
keep in mind that the city-state is
comprised of a high number of
Chinese, Malays and Indians,
therefore the business community is
also quite assorted.
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4. 2. First Contact
• First contact is very important
when starting a business in
Singapore.
• The best way to engage in a
conversation with a business
group is by being introduced by a
third person.
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5. 3. Bring Your Business Cards
• Business etiquette in
Singapore requires investors to have
many business cards on them.
• Also these should be presented with
both hands and with the name facing
the interlocutor.
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6. 4. Punctuality
• Business meetings are based on
punctuality, but in Singapore this
attribute is very important especially
when coming face to face with a
potential business partner for the first
time.
• Our company formation
representatives in Singapore will
provide you with more information about
usual business hours.
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7. 5. Arrange Visits in
Advance in Singapore
• It is very important to plan ahead a visit
with a potential business partner in
Singapore.
• It is advisable to plan a meeting at least
two week in advance, according to
the Singapore business culture.
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8. 6. Language in Singapore
• Even if the Singapore business
community is full of foreign
investors, the most employed
language is English.
• Singaporeans also use English as a
working language.
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9. 7. Business Gifts in Singapore
• It is a common fact in the Eurasian
community to give a business gift
when first coming into contact with a
member of a company in Singapore.
• The gift should not be expensive or big,
as it is meant to express thanks.
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10. 8. Negotiations in Singapore
• Singapore businessmen are used to
negotiating every aspect when
concluding a contract with a foreign
entrepreneur.
• However, Singapore enterprisers are
very respectful, considering
negotiations a way to get to know their
partners.
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11. 9. Business Protocol in
Singapore
• The business etiquette in
Singapore implies a certain protocol as
Singapore managers are more formal
than in other Western countries.
• In Singapore, the company or the
division of the company one is dealing
with is more important than individuals.
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12. 10. Communication in Business
Meetings in Singapore
• The Singapore business culture requires
that rank is respected.
• The Singapore manager will be
addressed first when speaking and the
eldest person in the group will be shown
the greatest respect.
• For assistance in company registration
in Singapore, please contact us.
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13. Thank you for
your attention!
For more information, please contact us at:
+ 852 8191 3385
office@lawyers-singapore.com
www.opencompanysingapore.com
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