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Doing business in Singapore

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Presentation on theme: "Doing business in Singapore"— Presentation transcript:

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

2 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: (Ext.123) E:

3 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

4 1. Local business environment

5 Local business environment
Map of Asian countries

6 Local business environment
Summary of Republic of Singapore

7 What are the advantages of Singapore?

8 Overview: Advantages

9 Advantages: infrastructure

10 Advantages: infrastructure

11 Advantages: less regulations

12 Advantages: infrastructure

13 Advantages: infrastructure

14 Advantages: taxation

15 Advantages: taxation 1.Low Tax Rate

16 Advantages: taxation 2. DTA, IGA, FTA

17 3. Non-taxable for Capital Gain
Advantages: taxation 3. Non-taxable for Capital Gain

18 Advantages: taxation 4. Loss carry forward

19 Disadvantages: Singapore

20 Procedure of doing business

21 Typical company structure

22 Typical company structure

23 Comparison of legal entities

24 Schedule of incorporation for local company

25 Compliance after set up

26 Compliance after set up

27 Compliance after set up

28


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