Looking to Launch a Business in Singapore: 5 Amazing Startup Ideas in 2021
Lucrative and innovative business popping up and grabbing all the headlines is no longer a rare phenomenon. All you need is an innovative idea and a good market to start. Singapore, the corporate hub in South Asia is an excellent place to start. You can launch your startup business in Singapore in just 3 WORKING DAYS with the help of companies providing incorporation services Singapore.
Our experts at PikoHANA have studied the global trends to bring a glimpse of the future for you.
Here are some amazing startups that you can launch in 2021:
- Veganism Products
Even food giants like McDonald’s and Burger King have invested in the meatless meat industry. Also known as plant-based meat or mock meat, this is a pure vegan product which is a meat-like substance made from meat products. In an era of environmental awareness, a meat alternative can be a great way of moving forward.
Singapore is a global business hub. People from different countries and culture come to this country for work and innovative veganism products can be your game-changer.
- Unisex Products
The forward-minded Gen-Zers and Millennials are no longer fascinated by traditional gender-specific products. Some of the renowned fashion brands in the world such as Gucci has already invested in a range of unisex products. Launching a unisex cosmetic chain can be a great way to start.
A vast majority of Singapore’s population is under the age of 30 years and this is why it may be a great place to start.
- Pure Water Services
Oil is precious but water is priceless. Water is the most unique natural resource that makes life possible. The availability of freshwater is a real crisis. Even some of the most developed cities in the world such as Tokyo and Beijing are suffering from pure water crisis.
As people begin to realise the true potential of water, there would be widespread demand for freshwater services. This is exactly where you can cash in.
- Sell your Own Products
Are you aware of the term dropshipping? It means you can sell your products online without worrying about delivery and warehousing.
The eCommerce market is booming and it has the potential to ensure a significant ROI. All you need is your company and good products.
- Eco-friendly Products
There is a significant demand for sustainable and eco-friendly goods in the market. The awareness against plastic bags played a big part in the introduction of reusable bags made of eco-friendly materials. The sustainable packing industry has witnessed a mammoth growth in recent times.
Singapore maintains a green and clean reputation. There is a huge demand for eco-friendly products in Singapore.
Eco-friendly is a futuristic approach.
Why Singapore is the Best Location for Your Startup?
Singapore is one of the most flourishing places to start a new business. There are many reasons why which are as follows:
- Friendly Government policies and reduced tax exposure
- No VAT
- You might not need to be present in Singapore to run a business in Singapore. Singapore accepts digital signatures that means everything can be managed remotely.
- Singapore ranks 1st in the world when it comes to ease of doing business.
- Singapore has a very robust ecosystem and investor pools to support startups
Why Not Get Started?
If you are looking to open a company in Singapore, you are in the right place. As a premier Singapore business incorporation service provider, PikoHANA offers a wide variety of incorporation services to get you started in just 3 WORKING DAYS.