FFAACCTTSS @@ iHUBiHUB

FLANDERS’ ASIAN CENTERFLANDERS’ ASIAN CENTER

FOR TECHNOLOGYFOR TECHNOLOGY

(SINGAPORE)(SINGAPORE)

TOPICSTOPICS

Investing in Singapore to augment your Investing in Singapore to augment your company’s exports to South East Asia company’s exports to South East Asia and beyond:and beyond:– The Singapore Economy The Singapore Economy

– The Regional ContextThe Regional Context

FACTS @ iHUBFACTS @ iHUB– What can you expect?What can you expect?

– What are the requirements?What are the requirements?

Rules & Regulations when investingRules & Regulations when investing What’s hot?What’s hot?

SINGAPORESINGAPORE Economic EnvironmentEconomic Environment

– Non-Corrupt, Pro-Business Non-Corrupt, Pro-Business GovernmentGovernment

– Highly skilled English-speaking Highly skilled English-speaking peoplepeople

– Excellent Connectivity (Air, Sea, Excellent Connectivity (Air, Sea, Road, Telecom)Road, Telecom)

– Freeport (No Duties) & Logistics Freeport (No Duties) & Logistics HubHub

– Added-Value Manufacturing Added-Value Manufacturing BaseBase

– IPR-protectionIPR-protection

– Clean, Green & Safe Living Clean, Green & Safe Living EnvironmentEnvironment

SOUTH EAST ASIASOUTH EAST ASIAMarket of 500 million people

Main Cities:Singapore Kuala LumpurBangkok & Chang MaiJakartaManila & CebuHanoi & Ho Chi Ming

Close proximity to:SeoulHong KongShanghai & BeijingTaipeiAustralia & New Zealand

PROJECTED GROWTHPROJECTED GROWTHIndonesiaIndonesia MalaysiaMalaysia PhilippinesPhilippines ThailandThailand VietnamVietnam S’PoreS’Pore JapanJapan HKHK AustraliaAustralia PRCPRC

Pop. 2003Pop. 2003

MillionMillion207.5207.5 25.025.0 80.880.8 62.262.2 79.279.2 3.4 3.4 ** 127.6127.6 6.96.9 19.119.1 1,278.91,278.9

Pop. 2013Pop. 2013

MillionMillion221.6221.6 29.829.8 94.394.3 64.864.8 86.186.1 3.8 3.8 ** 126.5126.5 7.47.4 20.520.5 1,299.81,299.8

GDP 2003GDP 2003

Billion US$Billion US$179.0179.0 97.297.2 77.777.7 136.9136.9 38.038.0 92.292.2 4,547.74,547.7 164.8164.8 384.6384.6 1,377.21,377.2

GDP 2013GDP 2013

Billion US$Billion US$240.8240.8 160.8160.8 107.4107.4 194.7194.7 60.060.0 133.0133.0 4,931.04,931.0 220.2220.2 470.2470.2 2,282.72,282.7

GDP/CapitaGDP/Capita

2003 - US$2003 - US$863863 3,8813,881 961961 2,2022,202 480480 27,30327,303 35,64835,648 24,04624,046 20,15720,157 1,0771,077

GDP/CapitaGDP/Capita

2013 – US$2013 – US$1,0871,087 5,3945,394 1,1391,139 3,0023,002 698698 35,02035,020 38,98738,987 29,90229,902 22,96122,961 1,7561,756

FFAACCTTSS @@ iHUBiHUB

FFLANDERS’LANDERS’

AASIANSIAN

CCENTERENTER FORFOR

TTECHNOLOGYECHNOLOGY

SSINGAPOREINGAPORE

What can you expect?What can you expect?YOUR OFFICEYOUR OFFICE

Flexible Space ConfigurationFlexible Space Configuration Fully Functional & EquippedFully Functional & Equipped

– Workstations, Cabinet, Lighting, Workstations, Cabinet, Lighting, Carpeting, Telephone & Electrical Carpeting, Telephone & Electrical Points, Air-conditioningPoints, Air-conditioning

Shared FacilitiesShared Facilities– Auditorium, Theatrette, Conference, Auditorium, Theatrette, Conference,

Training & Meeting Rooms, Exhibition Training & Meeting Rooms, Exhibition SpaceSpace

Plug & Play Broadband ConnectivityPlug & Play Broadband Connectivity Business Service Center Business Service Center

– Administration, Phone Answering Administration, Phone Answering FacilitiesFacilities

Social Amenities nearbySocial Amenities nearby

LOCATION LOCATION

APPROX. COST

8 M2 = 150,- Euro/m 16 M2 = 300,- Euro/m 25 M2 = 350,- Euro/m 55 M2 = 600,- Euro/m

REQUIREMENTSREQUIREMENTS

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 SingaporeFlanders Companies in Singapore

LOGISTICS:ABXABXAHLERS AHLERS ECU LINEECU LINEEMBASSY FREIGHTEMBASSY FREIGHTIPEMIPEMKATOEN NATIEKATOEN NATIETECTOTECTOTILCON FREIGHTTILCON FREIGHT

ICT-RELATED:BELGACOMBELGACOMBUREAU VAN DIJKBUREAU VAN DIJKICOS VISION SYSTEMSICOS VISION SYSTEMSNEWTECNEWTECUBIZENUBIZENS1 CORPORATIONS1 CORPORATIONSWIFTSWIFTVASCO DATA SECURITYVASCO DATA SECURITY

HIGH-TECH:AGFA GEVAERTAGFA GEVAERTAUTOVEYOR (IPTE*)AUTOVEYOR (IPTE*)CAPCOCAPCOESKO-GRAHICS (BARCO)ESKO-GRAHICS (BARCO)

OTHER:ARINSOARINSOBEKAERTBEKAERTDE NEEF CONSTRUCTIONDE NEEF CONSTRUCTIONDE SMET ENGINEERINGDE SMET ENGINEERINGDEMCOPACKDEMCOPACKINTERFLUXINTERFLUXIPEMIPEMKBCKBCOM-MATICOM-MATICPROMATPROMATTRACTEBELTRACTEBEL

RULES & REGULATIONSRULES & REGULATIONSEasy Steps & Simple RulesEasy Steps & Simple Rules

The relevant Authority = Accounting & Corporate The relevant Authority = Accounting & Corporate

Regulatory Authority (ACRA) Regulatory Authority (ACRA) http://http://www.acra.gov.sgwww.acra.gov.sg

Registration can be done Registration can be done onlineonline through ACRA’s ‘Bizfile’ through ACRA’s ‘Bizfile’

http://www.bizfile.gov.sghttp://www.bizfile.gov.sg

Simply send all queries to Flanders Investment & Trade Simply send all queries to Flanders Investment & Trade where all will be answered – where all will be answered – http://www.export.vlaanderen.behttp://www.export.vlaanderen.be

THINGS 2 REMEMBERTHINGS 2 REMEMBER

Corporate TaxationCorporate Taxation– 20%20%– http://www.mof.gov.sghttp://www.mof.gov.sg

Social SecuritySocial Security (CPF) (CPF)– 13%13% Employers’ Contribution Employers’ Contribution– http://www.cpf.gov.sghttp://www.cpf.gov.sg

No Import Duties No Import Duties ** 5% GST5% GST

FITFIT - Financial Assistance - Financial Assistance Program in setting up your Program in setting up your business facility business facility **

WHAT’S HOT?WHAT’S HOT? ICTICT - related products & services - related products & services SOFTWARE DEVELOPMENTSOFTWARE DEVELOPMENT – All Sectors – All Sectors ENVIRONMENTALENVIRONMENTAL – Techniques & Products – Techniques & Products MEDICALMEDICAL – Technology & Products – Technology & Products BIOTECHBIOTECH – R&D a.w.a. Sales – R&D a.w.a. Sales NEW MATERIALSNEW MATERIALS – R&D a.w.a. Sales – R&D a.w.a. Sales LOGISTICSLOGISTICS – R&D – R&D

INNOVATIONSINNOVATIONS – – Products & Services – Products & Services –

FIT + EDB & JTCFIT + EDB & JTC

►► Partners Partners ◄◄

THANK YOUTHANK YOU

&&

we hope to welcome you soon to we hope to welcome you soon to Singapore!Singapore!