Thanks to technology, it’s never been easier for businesses to expand on a global scale. Companies now have the option to extend their operations overseas, often without even having to step foot in the country they are expanding to. However, if you want to make your expansion a success, heading over to the country you’re expanding into is a great idea.

Not sure where to expand to? One country which is proving increasingly popular with UK businesses, is Singapore. Here, you’ll discover why businesses are choosing to expand into Singapore, and everything you need to know when you travel there.

Why is Singapore a great destination for business?

There are a lot of reasons why Singapore is considered one of the best destinations in the world to do business. Benefitting from low taxes, an extremely strong economy and a highly-educated population, it provides so many unique and lucrative business opportunities.

Now one of the leading financial centres in the globe, the country has attracted over 40% of Fortune 500 companies to set up a regional base. It also boasts a lot of “firsts” in the world of technology. For example, when you travel to Singapore, you can witness the first ever robot housekeepers. Provided in hotels, these robot housekeepers can carry out tasks such as bringing guests extra towels. It really is like travelling to the future when you arrive in Singapore.

Business etiquette and customs

If you are travelling to this metropolitan country for business, there’s a few pieces of etiquette and customs you should be aware of. Business meetings usually require you to wear a suit for example, unless they are a little more relaxed where a shirt and tie will usually suffice.

It’s customary to shake hands, then give business cards out after your initial meeting. As an additional note, business cards should be given, as well as received, with both, rather than one hand. You should also show interest in the card when it’s given to you, rather than just placing it straight into your pocket. These are just some customs you should know before heading out to do business in Singapore.

Travelling and staying around the city

The two main things to research before you go, are where you’re going to stay and how you’re going to get around. While the hotels are certainly impressive, it may be a better idea to opt to stay in a serviced apartment from a company such as Silverdoor Apartments. These are cheaper and give you a little more privacy, as well as a home-from-home experience.

Travel wise, the country is well-connected. However, during peak times taxis can be expensive. So, the train tends to be one of the best ways to get around.

As you can see, there is a lot to consider when you’re heading to Singapore to do business. However, the above tips should make it a little easier to get around and ensure you make a great first impression.