Venture Abroad

Over years, rising business costs coupled with the shortage of manpower, have been our challenges as a SME in Singapore to continue survive here. You are you now looking to spread your wings into foreign markets such as Iskandar Malaysia and China Mainland (via Hong Kong). In fact, you are not alone.

The Government has been encouraging SMEs to regionalise their presence overseas, and the Budget introduced new measures to help firms venture abroad. There is a growing number of companies which want to relocate its operation to Iskandar Malaysia and China (or Hong Kong). The advantage of the cost reduction comes from cheaper land and labour, coupled with the favourite exchange rate, strengthen your competitive edge compared to your competitors and explore opportunities in other fast-growing markets.

Yet, relocation is not easy either, especially for SMEs. Don’t you agree?

• You would need to be well-equipped with relevant knowledge and essential resources prior to embarking on an overseas venture.

• You would need to build sufficient network of contacts to explore the overseas markets

What’s more, once you decide to take flight your new era of business in elsewhere, you would need to take care of the basics- register your business, obtain funding and secure a business premise. Before you start operating, ensure you have complied with the licences and laws related to your business. You would need to plan for recruiting of staffs, filing of annual return and tax reporting at the end of your financial year. You are required to comply with the rules in the relevant Acts, i.e. Business Registration Act, Companies Act, Income Tax Law etc.

All those statutory requirements & tax reporting will take up your precious time to build up the business.

Now, we have solution for you, we can help you:

• Setting up a new company in Iskandar Malaysia, Hong Kong, BVI

• Applying for licences, permits and incentives

• Assisting in Business Registration Renewal

• Assisting in Annual Return Filing and Profits Tax Return Filing

• Assisting in Salaries Tax Return Filing

• Providing registered address

• Assisting in visa application

All you need to do is to get in touch with us!