Setting up a company in Singapore is a good idea. This country provides one of the best and safest environment for any new business setups. In fact, the World Bank Report ranked Singapore as the number one country in terms of the doing business for 2 consecutive years (07 and 08). Singapore is also ranked as the 2nd most competitive country in the world.
Starting a new business in Singapore is a wonderful intention for anyone who wants to start a business. While it is great, take note that there are rules and regulations that you might want to know when incoporating a company in Singapore.