An Introduction to Doing Business in Singapore 2016 – New Publication from Dezan Shira & Associates

An Introduction to Doing Business in Singapore 2016, the latest publication from Dezan Shira & Associates, is out now and available to subscribers as a complimentary download in the Asia Briefing Bookstore.

An Introduction to Doing Business in Singapore 2016 provides readers with an overview of the fundamentals of investing and conducting business in Singapore and its role as a trading hub within ASEAN. This guide explains the basics of company establishment, annual compliance, taxation, human resources, and social insurance in the city-state. A detailed examination of the role of Singapore’s many double tax treaties and its position within the ASEAN free trade area plus its relationship with China and India are also covered.

As the Association of Southeast Asian Nations (ASEAN) approaches economic integration in 2015, Singapore’s role as the de facto financial and commercial capital of Southeast Asia will be unassailable. Having already established its competitive niche as a destination for establishing regional headquarters, branch offices and holding companies in Asia, Singapore’s legal and tax regimes are among the most business-friendly in the world.

Offering foreign investors access to a highly skilled workforce, English-speaking business environment, immense logistics and transportation capacities, and over 70 double taxation avoidance agreements (DTAs), Singapore has firmly established its role as the gateway to ASEAN, China, India, and the whole of emerging Asia for foreign investors. 

An Introduction to Doing Business in Singapore 2016 covers the following:

• The Singaporean Edge
• Investing in Singapore and ASEAN
  • Options for Investment
  • Holding Companies
  • Company Establishment
• Singapore’s Tax Regime
  • Taxation in Singapore
  • Singapore’s Double Taxation Avoidance (DTA) Network
• Human Resources and Payroll
  • Key Considerations when Hiring Staff
  • Payroll and Social Insurance Compliance 

The content of this guide was compiled by Dezan Shira & Associates staff in Singapore, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to foreign investors in emerging Asia.

Annual Audit and Compliance in ASEAN
For the first issue of our ASEAN Briefing Magazine, we look at the different audit and compliance regulations of five of the main economies in ASEAN. We firstly focus on the accounting standards, filing processes, and requirements for Indonesia, Malaysia, Thailand and the Philippines. We then provide similar information on Singapore, and offer a closer examination of the city-state’s generous audit exemptions for small-and-medium sized enterprises.

The Trans-Pacific Partnership and its Impact on Asian Markets
The United States backed Trans-Pacific Partnership Agreement (TPP) includes six Asian economies – Australia, Brunei, Japan, Malaysia, Singapore and Vietnam, while Indonesia has expressed a keen willingness to join. However, the agreement’s potential impact will affect many others, not least of all China. In this issue of Asia Briefing magazine, we examine where the TPP agreement stands right now, look at the potential impact of the participating nations, as well as examine how it will affect Asian economies that have not been included.

An Introduction to Tax Treaties Throughout Asia
In this issue of Asia Briefing Magazine, we take a look at the various types of trade and tax treaties that exist between Asian nations. These include bilateral investment treaties, double tax treaties and free trade agreements – all of which directly affect businesses operating in Asia.

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