Doing business in Singapore

Slides:



Advertisements
Similar presentations
DEVELOPING A GLOBAL VISION
Advertisements

BUSINESS ORGANIZATIONS AND MARKET STRUCTURES. Forms of Business Organization There are three main forms of business organization in the United States.
TAXATION SERVICESINCORPORATION SERVICESIMMIGRATION & VISAACCOUNTING SERVICESAUDITING SERVICESCORPORATE SECRETARIALPAYROLL SERVICES.
Foreign Holding Structures for Indian Outbound Investments
Brian joined Goal Group of Companies in March 2014 as Director of Sales and Relationship Management for Australia and New Zealand. Prior to joining he.
Graduate Recruitment Visit us at activpayroll.com.
1. 1.To examine the steps to the process of becoming a business owner. 2.To differentiate the various types of business ownership. 3.To illustrate the.
TAXATION SERVICESINCORPORATION SERVICESIMMIGRATION & VISAACCOUNTING SERVICESAUDITING SERVICESCORPORATE SECRETARIALPAYROLL SERVICES.
Limited Liability Partnership - LLP. Points of Discussion………. What is a LLP? Features of LLP Company V/S LLP Taxation Impact Starting trouble for LLP.
SE Global Equities Corp Trading Platform Powerful Software SEGB provides a powerful software platform called SE Global Trade SEGB provides a powerful.
ΒΗΜΑ ΤΩΝ ΕΠΙΧΕΙΡΗΣΕΩΝ AUEB March 2015.
Lecture 8 Understanding entity and its environment
“Why do business in Panama?” A Survey of Certain Legal Aspects David M. Mizrachi This document is not meant to be relied upon in place of seeking independent.
SELECT A TYPE OF OWNERSHIP
International Business Briefing Regional Hubs – Ireland Tuesday 17 th September 2013.
Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Accounting and Tax system in Japan. CEO / Yasunari Kuno & Company Profile CEO/ Yasunari Kuno - Japanese CPA Born in Aichi Prefecture 1989 Graduated.
Holding Jurisdictions for Investments in China In conjunction with the STEP Benelux By Kristina Koehler-Coluccia, Director of Klako Group October 2013.
Corporations Most complicated form of business structure It is a legal entity (an individual) Owned by individual stockholders They have limited liability.
Multinational Corporations To understand the benefits and drawbacks of being a multinational corporation.
Glossary of Key Terms balance of payments. An account of the flow of goods, services, and money coming into and going out of the country. capital. Money.
PROFESSIONAL SERVICES UHY Dawgen( Incorporating PGCO) 1 PROFESSIONAL SERVICES An independent member of UHY international.
© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin 15-1 GLOBAL BUSINESS AND ACCOUNTING Chapter 15.
1 SCIP Africa Summit | 13 – 15 October 2014 The EY Africa competitive intelligence story: key lessons learned Sejabaledi Motsepa – Analyst, EY.
Agenda Why is globalization important to the profession
Drill 4/21  1. What is a limited liability partnership?  2. What type of jobs usually engage in limited liability partnerships?
Corporations, Mergers, and Multinationals 8.3 notes
1 Vertriebsmeeting Fa. Willis GmbH am in Bremen Dozent : Dipl.-Betriebswirt Kai Mütze Global Visa and Immigration Law Speaker: Kai Mütze General.
Chapter 12 Corporations and Stocks. Articles of Incorporation  Require to file with the state going to do business in  Application with details of business.
MCA INDIA Vinay Gupta Director Company India Advisors Private Ltd Mobile: Vinay Gupta.
Chapter 8: Business Organizations Section 3
KNR- Studiedag 25 september 2013 Btw-checklist. © 2013 Deloitte The Netherlands KNR Studiedag Btw-checklist 1.
Dutch Companies as a Tax Planning Tool St.Petersburg, September 28th 2010 Henk Eikelboom Jaap Bos.
SHOWCASE OF THE HOST COUNTRY – BELARUS Minsk, June 23 – Valery Papakul Law Company “Stepanovski, Papakul & partners LLC” 5 th CIS LOCAL COUNSEL.
Indexed content Migrate content Create links Content for future indexing.
Mr. Kallusingh.  A business owned and operated by one person  They are typically small in size and usually require few qualifications  Advantages-
3.06Classify the forms of business ownership. A sole proprietorship is…  One owner  70% of all U.S. businesses  Unlimited liability. The business owner.
Supplements.  Profit-making enterprises  Sole proprietorship:  Partnership:  Corporation:
About Steven J. Joffe New York, NY Senior Managing Director Steven Joffe is a senior managing director in.
Transformational technology and privacy How emerging technology contributes to the Data Diaspora and challenges privacy management August 2008.
AIG Passport SM for Directors & Officers Liability Insurance Presented by: Hano Pak, AIG March 29, 2007.
International Consulting Data Sheet. 1 Program Management for International Headquarters (IHQ) Why does a company go International ? Reach new markets/optimize.
Entering International Markets: Organization and Strategy Chapter 7.
CORPORATIONS MERGERS MULTINATIONALS. CORPORATIONS MOST COMPLEX BUSINESS ORGANIZATION LEGAL ENTITY OWNED BY STOCKHOLDERS STOCK – CERTIFICATE OF OWNERSHIP.
ICAJ/PAB - Improving Compliance with International Standards on Auditing Planning an audit of financial statements 19 July 2014.
BG CONSULTANCY PTE LTD. - Singapore based consulting company - Serving customers for the past 10 years - ONE STOP SERVICE Provider for all your corporate.
SOLE Proprietorships A Business owned and managed by one individual. The oldest and most common form of private business ownership in the US is the sole.
CONCEPT OF MULTINATIONAL COMPANY
Tax Strategies For The Active Trader
Partnerships Partnership
Chapter 1: Introduction to International Accounting
Chapter 8: Business Organizations
BUSINESS ORGANIZATIONS AND MARKET STRUCTURES
Business Organizations
Bangalore ,Karnataka, India
Corporate Services Singapore
Chapter 14 - Corporations
SELECT A TYPE OF OWNERSHIP
Business Organizations
Business Organizations
Tax Reform Updates Ken Smith is a Senior Manager in the asset management tax practice at Ernst & Young and has over 9 years of experience in the Financial.
Business Organizations
Corporations, Mergers, and Multinationals Chapter 8, section3
5.1 Forms of Business Ownership
Business Organizations
Accounting Industry Analysis
Chapter 8: Business Organizations Section 3
MAZARS’ CONSULTING PRACTICE Helping your Business Venture Further
Corporations, Mergers, and Multinationals
Presentation transcript:

Doing business in Singapore Lucas Kazumasa Nakase Manager-SCS Global Singapore Tuesday 17th September 2013

NIS Global member for Singapore since 2008 Lucas Kazumasa Nakase Manager- SCS Global Singapore NIS Global member for Singapore since 2008 Lucas is an Asian Tax professional with licensed Japanese tax accountant. Prior to joining SCS Global in 2011, Lucas had worked in Ernst & Young TAX in Tokyo for 5 years, where he was involved in various international tax issues for foreign companies. In Singapore, Lucas has been involved in more than 200 Singapore companies' incorporation for mainly Japanese multinational companies and also involved in their tax consulting including organization restructuring of Asian subsidiaries. Lucas and his team have supported numerous NIS Global clients and Japanese multinational companies as they enter the Asian market place. Their knowledge of this complex territory is extensive, which enables them to provide useful and timely advice to businesses. T: +65 6221 1718 (Ext.123) E: nakase@scsglobal.co.jp www.nisglobal.com

Index Local business environment What are the advantages of Singapore Overview of the advantages Advantage of the Infrastructure Advantage of Taxation Disadvantage of Singapore Procedure of doing business Typical company structure Comparison of Legal Entities Schedule of incorporation for Local company Compliance after set up www.nisglobal.com

1. Local business environment www.nisglobal.com

Local business environment Map of Asian countries www.nisglobal.com

Local business environment Summary of Republic of Singapore

What are the advantages of Singapore? www.nisglobal.com

Overview: Advantages www.nisglobal.com

Advantages: infrastructure www.nisglobal.com

Advantages: infrastructure www.nisglobal.com

Advantages: less regulations www.nisglobal.com

Advantages: infrastructure www.nisglobal.com

Advantages: infrastructure www.nisglobal.com

Advantages: taxation www.nisglobal.com

Advantages: taxation 1.Low Tax Rate www.nisglobal.com

Advantages: taxation 2. DTA, IGA, FTA www.nisglobal.com

3. Non-taxable for Capital Gain Advantages: taxation 3. Non-taxable for Capital Gain www.nisglobal.com

Advantages: taxation 4. Loss carry forward www.nisglobal.com

Disadvantages: Singapore www.nisglobal.com

Procedure of doing business www.nisglobal.com

Typical company structure www.nisglobal.com

Typical company structure www.nisglobal.com

Comparison of legal entities www.nisglobal.com

Schedule of incorporation for local company www.nisglobal.com

Compliance after set up www.nisglobal.com

Compliance after set up www.nisglobal.com

Compliance after set up www.nisglobal.com

www.nisglobal.com