What’s the difference between doing business in Singapore VS Indonesia?
Based on the World Bank’s Ease of Doing Business Report 2020, Singapore is ranked #2 in the world while Indonesia is ranked #73.
With a population of just 5.6 million, what makes Singapore one step ahead of Indonesia?
This infographic will discuss the comparison between both countries when it comes to incorporating your own company on indicators such as Demography, Company Incorporation Process, Corporate Tax Rate, Internet Speed and IP Protection Laws, get a macro outlook of both Southeast Asian countries and how easy it is to run a business there.
We also make special mention of Singapore’s robust startup eco-system, with its abundance of government grants, venture capital players and deal volume / value.
World Bank’s Doing Business (DB) 2020
|Starting a business||4||140|
|Dealing with construction permits||5||110|
|Trading across borders||47||116|