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Singapore: Poised for growth High-Skilled People, Innovative Economy Distinctive Global City Growing Through Skills and Innovation Global- Asia Hub Manufacturing and Services Diverse Corporate Ecosystem Pervasive Innovation Smart Energy Economy Enhanced Land Productivity Global City, Endearing Home Singapore: Home for talent and lifestyle Singapore is Asia’s top world-class city to Work, Live & Play. (Mercer Survey: Quality of Living Worldwide City Rankings June 2010) Foreign talent rank Singapore as Asia’s best country to work in. (IMD World Competitiveness Yearbook 2010) It is the top choice for expatriates in Asia and has been for the last ten years. (Mercer Survey: ECA Location Ratings) It has the world’s best employer relations. (World Economic Forum, Global Competitiveness Report 2010–2011) The country’s immigration laws for foreign talent are highly regarded for being business-centric. (IMD World Competitiveness Yearbook 2010) Singapore Position for the future If you would like to learn more kindly send us a note through [email protected] You may also visit us at www.pwc.com/sg/positionforthefuture © 2011 PricewaterhouseCoopers LLP. All rights reserved. “PwC” refers to the network of member firms of PricewaterhouseCoopers International Limited (PwCIL), or, as the context requires, individual member firms of the PwC network. Each member firm is a separate legal entity and does not act as agent of PwCIL or any other member firm. PwCIL does not provide any services to clients. PwCIL is not responsible or liable for the acts or omissions of any of its member firms nor can it control the exercise of their professional judgment or bind them in any way. No member firm is responsible or liable for the acts or omissions of any other member firm nor can it control the exercise of another member firm’s professional judgment or bind another member firm or PwCIL in any way. Extracted from the 2009 Government of Singapore Economic Strategies Committee report

Singapore - PwC Australia · Foreign talent rank Singapore as Asia’s best country to work in. ... Top air connectivity – Access to over 80 airlines that link to 200 cities in

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Singapore: Poised for growth

High-SkilledPeople,

InnovativeEconomy

DistinctiveGlobal City

Growing Through Skills and Innovation

Global-Asia Hub

Manufacturingand Services

DiverseCorporateEcosystem

PervasiveInnovation

SmartEnergy

Economy

EnhancedLand

Productivity

Global City,Endearing

Home

Singapore:Home for talent and lifestyle

Singapore is Asia’s top world-class city to Work, Live & Play. (Mercer Survey: Quality of Living Worldwide City Rankings June 2010)

Foreign talent rank Singapore as Asia’s best country to work in. (IMD World Competitiveness Yearbook 2010)

It is the top choice for expatriates in Asia and has been for the last ten years. (Mercer Survey: ECA Location Ratings)

It has the world’s best employer relations. (World Economic Forum, Global Competitiveness Report 2010–2011)

The country’s immigration laws for foreign talent are highly regarded for being business-centric. (IMD World Competitiveness Yearbook 2010)

SingaporePosition for the future

If you would like to learn more kindly send us a note through [email protected]

You may also visit us at www.pwc.com/sg/positionforthefuture

© 2011 PricewaterhouseCoopers LLP. All rights reserved. “PwC” refers to the network of member firms of PricewaterhouseCoopers International Limited (PwCIL), or, as the context requires, individual member firms of the PwC network. Each member firm is a separate legal entity and does not act as agent of PwCIL or any other member firm. PwCIL does not provide any services to clients. PwCIL is not responsible or liable for the acts or omissions of any of its member firms nor can it control the exercise of their professional judgment or bind them in any way. No member firm is responsible or liable for the acts or omissions of any other member firm nor can it control the exercise of another member firm’s professional judgment or bind another member firm or PwCIL in any way.

Extracted from the 2009 Government of Singapore Economic Strategies Committee report

6 hrs

2 hrs3 hrs

4 hrs5 hrs

Singapore

Why should you consider Singapore?

World’s 2nd Most Competitive Country. (World Economic Forum: Global Competitiveness Index 2011)

It has consistently ranked in the Top 3 Most Competitive Countries in close to 10 years. (IMD World Competitiveness Yearbook 2004–2011)

It is the world’s easiest place to do business and has been for the last 5 years. (World Bank: Doing Business Report 2007–2011)

It is home to the world’s most open economy for trade & investment. (World Economic Forum Global Trade Enabling Report 2010–2011)

It is Asia’s most network ready country. (World Economic Forum Global Technology Report 2010– 2011)

It boasts of the best protection of Intellectual Property Rights in Asia and is among the Top 3 countries in the world. (World Economic Forum: Global Competitiveness Report 2011)

Position your business for the future...

Let PwC help you:

COMPANY SECRETARIAL SERVICESWe can help establish a presence in Singapore and assist in adapting to rules, regulations and best practices. We can also ensure compliance with statutory obligations on a timely basis.

TALENT MANAGEMENT & GLOBAL MOBILITYWe can help you deploy an international workforce effectively, including collaborating on creating a compensation package which will encourage your key staff to relocate.

PROJECT & CHANGE MANAGEMENTWe can help develop and deploy an integrated strategy that considers management alongside processes, people and technology.

ACCOUNTING & PAYROLLWe can help develop and implement appropriate accounting and payroll functions. Also, assist in defining business policies and processes and an IT system that effectively supports these.

OPERATIONAL & TAX STRUCTURESWe can help conceive and implement a centralised business model which creates the intended operational efficiencies while realising sustainable tax benefits.

TREASURY & CASH MANAGEMENTWe can help define treasury and cash management processes which enhance the tax structure of the organisation.

To promote regional/

HQ activities

Tax incentives• Pioneer Incentive:

0% for up to 15 years• Development &

Expansion Incentive: 5% – 10% for up to 20 years

We also partner with and have the support of the Singapore government through the Economic Development Board

To attract trading

Global Trader Programme• Corporate tax rate of

5% – 10%

To attract finance and

treasury activities

Finance and Treasury Centre• 10% rate 10 years,

WHT exemption

To attract IP and R&D

management

Royalty incentives, tax deductions & IP grants • Reduced royalty

WHT • Amortisation for IP

acquisition • Tax deductions

(150% – 200%)• Various R&D and IP

grants

Please note that the above are examples. We understand that every business is unique and as such we value the opportunity to work with you to apply for the assistance that is best suited for your strategies.

Singapore’s Six-Hour Reach

Access to 2.8 billion people within six hours

Top air connectivity – Access to over 80 airlines that link to 200 cities in 60 countries

Top sea connectivity – Access to over 200 shipping lines that link to 600 ports in 123 countries