Estonia opens a business promotional centre in Singapore, reports Healy Consultants

SINGAPORE - Sept. 22, 2016 - PRLog -- Enterprise Estonia (EAS) earlier this month opened a representative office in Singapore seeking to boost exports as well as attract foreign investments from Southeast Asian countries.

The office will aim, among other things, to promote trade relations between the countries as well as link the Estonian start-up community with Asian venture capital firms.

Enterprise Estonia stated that it sees a lot of potential in the Southeast Asia region specifically in sectors such as cosmetics, technology, and food and beverage.

"EAS' priority is to seek new business opportunities for Estonian companies and find new markets," said Hanno Tomberg, the chairman of the management board at Estonia Enterprise.

"The Singaporean business culture is English speaking, which simplifies entry into this market. In addition, investment funds there are seeking investment opportunities in Europe and our start-ups have caught their eye," added Tomberg.

The new office was inaugurated by Liisa Oviir, the Estonian Entrepreneurship minister, and the Koh Poh Koon, the Singaporean minister for trade and industry. The EAS office will be headed by Indrek Pallo, the former head of the Estonian Investment Agency.

EAS hopes that Singapore, as a multicultural global city state, will provide a good launching pad to the rest of the region. Estonia will in return offer the possibilities of its e-residency programme to Southeast Asia entrepreneurs and investors for easy access to the EU.

Healy Consultants is a professional corporate services provider headquartered in Singapore and with a presence in Estonia since 2003. The company helps global entrepreneurs looking to establish their international businesses in different sectors of the economy with, among others, company registration, tax and vat registration, assistance with obtaining business licenses and official business addresses, opening a corporate and merchant bank account and obtaining work or residence visas.