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

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

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

Doing business in Singapore

Lucas Kazumasa NakaseManager-SCS Global SingaporeTuesday 17th September 2013

Page 2: Doing business in Singapore Lucas Kazumasa Nakase Manager-SCS Global Singapore Tuesday 17 th September 2013

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Lucas Kazumasa NakaseManager- SCS Global SingaporeNIS 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: [email protected]

www.nisglobal.com

Page 3: Doing business in Singapore Lucas Kazumasa Nakase Manager-SCS Global Singapore Tuesday 17 th September 2013

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• Local business environment• What are the advantages of Singapore1. Overview of the advantages

2. Advantage of the Infrastructure

3. Advantage of Taxation

4. Disadvantage of Singapore

• Procedure of doing business1. Typical company structure

2. Comparison of Legal Entities

3. Schedule of incorporation for Local company

4. Compliance after set up

Index

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1. Local business environment

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Local business environment

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Map of Asian countries

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Local business environmentSummary of Republic of Singapore

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What are the advantages of Singapore?

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Overview: Advantages

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Advantages: infrastructure

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Advantages: infrastructure

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Advantages: less regulations

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Advantages: infrastructure

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Advantages: infrastructure

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Advantages: taxation

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Advantages: taxation

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1.Low Tax Rate

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Advantages: taxation

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2. DTA, IGA, FTA

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Advantages: taxation

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3. Non-taxable for Capital Gain

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Advantages: taxation

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4. Loss carry forward

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Disadvantages: Singapore

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Procedure of doing business

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Page 21: Doing business in Singapore Lucas Kazumasa Nakase Manager-SCS Global Singapore Tuesday 17 th September 2013

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Typical company structure

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Page 22: Doing business in Singapore Lucas Kazumasa Nakase Manager-SCS Global Singapore Tuesday 17 th September 2013

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Typical company structure

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Comparison of legal entities

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Schedule of incorporation for local company

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Compliance after set up

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Compliance after set up

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Compliance after set up

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