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F A C T S @ iHUB

F A C T S @ 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?

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F A C T S @ iHUB

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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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