Five customs tips on growing a business beyond Singapore

ONCE businesses have established themselves in Singapore, the next phase of growth is likely to involve regional - if not international - expansion.

According to International Enterprise Singapore's survey last year, companies' overseas revenue grew at 4.2 per cent year on year, outpacing total revenue growth of 1.3 per cent in the same time period.

Revenue contribution from overseas also grew by three percentage points from the previous year, resulting in overseas revenue forming 53 per cent of total revenue.