Transcript FACTS @ iHUB

FACTS @ iHUB
FLANDERS’ ASIAN CENTER
FOR TECHNOLOGY
(SINGAPORE)
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?
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
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
PROJECTED GROWTH
Indonesia
Malaysia
Philippines
Thailand
Vietnam
S’Pore
Japan
HK
Australia
PRC
Pop. 2003
Million
207.5
25.0
80.8
62.2
79.2
3.4 *
127.6
6.9
19.1
1,278.9
Pop. 2013
Million
221.6
29.8
94.3
64.8
86.1
3.8 *
126.5
7.4
20.5
1,299.8
GDP 2003
Billion US$
179.0
97.2
77.7
136.9
38.0
92.2
4,547.7
164.8
384.6
1,377.2
GDP 2013
Billion US$
240.8
160.8
107.4
194.7
60.0
133.0
4,931.0
220.2
470.2
2,282.7
GDP/Capita
2003 - US$
863
3,881
961
2,202
480
27,303
35,648
24,046
20,157
1,077
GDP/Capita
2013 – US$
1,087
5,394
1,139
3,002
698
35,020
38,987
29,902
22,961
1,756
FACTS @ iHUB
FLANDERS’
ASIAN
CENTER
FOR
TECHNOLOGY
SINGAPORE
What can you expect?
YOUR OFFICE
 Flexible Space Configuration
 Fully Functional & Equipped
LOCATION
– 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
APPROX. COST
8 M2 = 150,- Euro/m
16 M2 = 300,- Euro/m
25 M2 = 350,- Euro/m
55 M2 = 600,- Euro/m
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 ◄
Flanders Companies in Singapore
ICT-RELATED:
BELGACOM
BUREAU VAN DIJK
ICOS VISION SYSTEMS
NEWTEC
UBIZEN
S1 CORPORATION
SWIFT
VASCO DATA SECURITY
LOGISTICS:
ABX
AHLERS
ECU LINE
EMBASSY FREIGHT
IPEM
KATOEN NATIE
TECTO
TILCON FREIGHT
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
RULES & REGULATIONS
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
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 *
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 –
FIT + EDB & JTC
► Partners ◄
THANK YOU
&
we hope to welcome you soon to
Singapore!