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Investing in Singapore: Enhance Your Exports to Southeast Asia and Beyond

Explore the vibrant investment landscape of Singapore, a prime location for augmenting your company's exports to Southeast Asia and beyond. Discover insights about the Singapore economy, regional context, and what to expect when investing. Learn about the requirements, rules, and regulations for foreign businesses, as well as the benefits of a non-corrupt, pro-business environment with a highly skilled workforce. Join a growing market of 500 million people with excellent connectivity and infrastructure to support your business's success.

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Investing in Singapore: Enhance Your Exports to Southeast Asia and Beyond

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  1. FACTS@iHUB FLANDERS’ ASIAN CENTER FOR TECHNOLOGY (SINGAPORE)

  2. TOPICS • Investing in Singapore to augment your company’s exports to South East Asia and beyond: • The Singapore Economy • The Regional Context • FACTS @ iHUB • What can you expect? • What are the requirements? • Rules & Regulations when investing • What’s hot?

  3. SINGAPORE • Economic Environment • Non-Corrupt, Pro-Business Government • Highly skilled English-speaking people • Excellent Connectivity (Air, Sea, Road, Telecom) • Freeport (No Duties) & Logistics Hub • Added-Value Manufacturing Base • IPR-protection • Clean, Green & Safe Living Environment

  4. SOUTH EAST ASIA Market of 500 million people Main Cities: Singapore Kuala Lumpur Bangkok & Chang Mai Jakarta Manila & Cebu Hanoi & Ho Chi Ming Close proximity to: Seoul Hong Kong Shanghai & Beijing Taipei Australia & New Zealand

  5. PROJECTED GROWTH

  6. FACTS@iHUB FLANDERS’ASIANCENTER FORTECHNOLOGYSINGAPORE

  7. YOUR OFFICE Flexible Space Configuration Fully Functional & Equipped Workstations, Cabinet, Lighting, Carpeting, Telephone & Electrical Points, Air-conditioning Shared Facilities Auditorium, Theatrette, Conference, Training & Meeting Rooms, Exhibition Space Plug & Play Broadband Connectivity Business Service Center Administration, Phone Answering Facilities Social Amenities nearby LOCATION What can you expect? APPROX. COST 8 M2 = 150,- Euro/m 16 M2 = 300,- Euro/m 25 M2 = 350,- Euro/m 55 M2 = 600,- Euro/m

  8. REQUIREMENTS Your Company is registered / headquartered in Flanders Your Company’s activities are related to INNOVATION and/or New Technologies You have a business-plan for Singapore and/or South East Asia and/or the Asia-Pacific Region You are able and willing to fund initial investment in Singapore and initializing negotiations thereto through Flanders Investment & Trade (FIT) You are ready to register your company details with EDB/JTC through FIT ► FIT ASSISTS YOU FURTHER ◄

  9. Flanders Companies in Singapore ICT-RELATED: BELGACOM BUREAU VAN DIJK ICOS VISION SYSTEMS NEWTEC UBIZEN S1 CORPORATION SWIFT VASCO DATA SECURITY HIGH-TECH: AGFA GEVAERT AUTOVEYOR (IPTE*) CAPCO ESKO-GRAHICS (BARCO) OTHER: ARINSO BEKAERT DE NEEF CONSTRUCTION DE SMET ENGINEERING DEMCOPACK INTERFLUX IPEM KBC OM-MATIC PROMAT TRACTEBEL LOGISTICS: ABX AHLERS ECU LINE EMBASSY FREIGHT IPEM KATOEN NATIE TECTO TILCON FREIGHT

  10. Easy Steps & Simple Rules The relevant Authority = Accounting & Corporate Regulatory Authority (ACRA) http://www.acra.gov.sg Registration can be done online through ACRA’s ‘Bizfile’ http://www.bizfile.gov.sg Simply send all queries to Flanders Investment & Trade where all will be answered – http://www.export.vlaanderen.be RULES & REGULATIONS

  11. THINGS 2 REMEMBER • Corporate Taxation • 20% • http://www.mof.gov.sg • Social Security (CPF) • 13% Employers’ Contribution • http://www.cpf.gov.sg • No Import Duties * • 5% GST • FIT - Financial Assistance Program in setting up your business facility *

  12. WHAT’S HOT? • ICT - related products & services • SOFTWARE DEVELOPMENT – All Sectors • ENVIRONMENTAL – Techniques & Products • MEDICAL – Technology & Products • BIOTECH – R&D a.w.a. Sales • NEW MATERIALS – R&D a.w.a. Sales • LOGISTICS – R&D INNOVATIONS – Products & Services –

  13. FIT + EDB & JTC► Partners ◄ THANK YOU & we hope to welcome you soon to Singapore!

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