Singapore

Official language: English, Chinese, Malay and Tamil
Population: 5.686 million (2020)
Economic snapshot: Financial services, manufacturing, oil refinement and trading, electronics and sciences.
GDP: USD 340 billion

An island of innovation, Singapore has quickly grown into a sophisticated research and development hub for both local and multinational businesses. As evidence of this, Singapore recently achieved the following rankings:

• 1st country in the Globalisation Index, 2020
• Ranked in the World Economic Forum’s Global Competitiveness Report ranking for IP protection since 2015
• Ranked number 1 since 2015 for Innovation Inputs

These impressive achievements have been underpinned by the Singaporean Government’s investment in local manufacturing and R & D. For example, over the last decade, the Singaporean Government has invested around 6 billion dollars into its Science and Technology Plan. So, it’s not surprising that Singapore has become an essential place for securing IP rights. Singapore is also an important gateway to the ASEAN region – one of the largest economic zones in the world, larger than EU in population.

Singapore is a member of ASPEC. As such, an allowed Singapore application can be used to expedite Examination of a corresponding application filed in any one of the other ASEAN countries. This can be an important tool for reducing the complication and cost of patent prosecution.

Due to its fast-growing IP driven economy and strong monetary prospects, Singapore has the potential to add value to your business and is a key player in the ASEAN market.

DCC Service offering for Singapore

DCC works directly with all six top patent filers in Singapore. Our Singapore Patent and Trade Mark Attorneys are highly skilled in drafting patent specifications, preparing trade mark and design applications. The team has a wealth of experience in prosecuting patent, trade mark and design applications in Singapore and around the world.