1. Henry Goodwin Partner, Taylor Vinters International Festival of Business Liverpool, 15 July 2014

2. Singapore: The ‘Little Red Dot’

3. Why Singapore? A well trodden path for UK companies Ease of business set-up, English language A low tax environment, Asia’s only AAA credit rating Financial, transport and trading hub Stable politically, backed up by strong rule of law: o low levels of corruption o extensive legislative framework o reliable courts and dispute resolution o intellectual property protection

4. Corruption Perceptions Index 2013 Singapore: 5 Hong Kong 15 UK: 17 USA: 19 Malaysia: 53 China: 80 India: 94 Indonesia: 114 Myanmar: 172

5. A Low Tax Environment Country Corporate Tax Rate Hong Kong16.5% Singapore17% Taiwan17% South Korea22% Malaysia25% Vietnam25% China25% Indonesia25% Australia30% Philippines30% Thailand23% India30%

6. Tax for New Start-up Companies Newly incorporated company that meets the qualifying conditions can claim for full tax exemption on the first $100,000 of normal chargeable income for each of its first 3 years of assessment. A further 50% exemption is given on the next $200,000 of the normal chargeable income for each of the first three consecutive YAs. First $100,000 @ 100% = $100,000 Next $200,000 @ 50% = $100,000 Total $300,000 $200,000 Years of Assessment (YA) 2013, 2014 and 2015, companies will also receive a 30% Corporate Income Tax (CIT) Rebate that is subject to a cap of $30,000 per YA. Productivity and Innovation Credit (PIC) Scheme gives 400% tax deductions/ allowances and/or 60% cash pay outs for investment in innovation and productivity improvements

7. Intellectual Property Rights Singapore consistently rated the best place in Asia for IP rights protection, and top 3 in the world World Intellectual Property Office (WIPO) recently set up its first Asian regional office here

8. Regulatory Analysing the legal landscape relevant to your particular sector Incentives Identifying which government grants and tax incentives may be suitable for your company Business Structure Presenting your options on set- up from a corporate tax and trading perspective Talent Briefing on employment market trends, availability of talent, benchmarking remuneration and help with immigration processes Location Mapping the local real estate market and possible office locations Timetable Providing a detailed timeline to help you monitor progress of the market entry project Setting Up in Singapore

9. Technology Connection

12. November 2014

13. Any questions?