This people will help to look at the Singapore market for Security and Facility management business scenario.

3. Singapore Market Report

4. Maritime (Port) Security
Maritime Industry overview
1
 GDP - US$ 349.7 billion (nominal)
US$ 554.9 billion (PPP)
 Capital – Singapore(City-State)
 Languages – English, Malay, Mandarin Tamil
 Currency – Singapore dollar (SGD) *1 SGD =
₹50.47
GDP 2017 1Q18(E)
Rise in the over all GDP 3.6% 4.3%
Goods Producing Industries :
1. Manufacturing
2. Construction
10.1%
- 8.4%
10.1%
- 4.4%
Service Producing Industries 2.8% 3.8%
 Religion – Buddhism, Christianity, Islam,
Hinduism & others
 Government – Unitary dominant-party
• President – Halimah Yacob
• Prime minister – Lee Hsien Loong
 Current Population – 57,88,281 people

5. Maritime (Port) Security
Total Population
2
0
1000000
2000000
3000000
4000000
5000000
6000000
7000000
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Sum of Male
Sum of Female
Sum of Total Population

6. Maritime (Port) Security
Maritime Industry overview
3
• Reasons For the Fall Down of population in 2007 was due to:
• Non- residence population fell by 1.6% to 1.65 million , Decline in Work Permit
holder
• The decline happened due to Construction and marine engineering sector (National
Population and Talent Division)
• Non-residents are made up of Work Permit holders, Employment and S Pass
holders, foreign domestic workers and other dependents

7. Maritime (Port) Security
Literacy Rate Adult & Youths
4
0
20
40
60
80
100
120
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Sum of Literacy rate, adult total (% of people ages
15 and above)
Sum of Literacy rate, youth total (% of people ages
15-24)

8. Maritime (Port) Security
Literacy Rate Adult, Youths
5
• 4.5 million people living in around 697 sq km
• Languages : English (the most widely spoken language), Mandarin, Malay and Tamil
• Ethic groups : 77% Chinese , 14% Malay, 8% Indians, 1% Eurasians
• Major festivals : Hari Raya Puasa, Deepavali and Chinese New Year
• Multi-cultural society with no racial or religious differences
• The dominant business community in Singapore is the Chinese, Indians worked in the
public sector as clerks, teachers and policemen
• Easy for a Western employee to work and do business in Singapore

9. Maritime (Port) Security
Population Division
6
Total Population
5.791 Million
Residents
3.860 M
Citizen
3.088 M
Permanent
0.772 M
Non – Residents
1.931 M
Students
4%
Dependents/PRs/
Work Pass Holders
17%
Foreign Domestic
Workers
14%
Work Permit
Holders
42%
S Pass Holders
11%
Employment
Pass Holders
12%

10. Singapore Business Trend
Singapore Business Trend, Q4 2017
7
Total new business formed 14,115
YOY Private Limited Company Increased by 9.8% and Public
company increase by 42.9%
Comparison from 2016, more setup of Non-Exempt Pvt.
Ltd. and Private Ltd. companies.
Company with
100% Local
shareholding
48%
Company with
both Local and
Foreign Share
holding
12%
Company with
100% foreign
shareholding
40%
SHAREHOLDINGS
Company with 100% foreign shareholding increased by
1.9% to 40% in Q4, key attraction for foreign investors

11. Maritime (Port) Security
Company formation by Share capital 2016 and 2017
8
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
Share capital between
S$ 1 - S$10,000
Share capital between
S$ 10,001 - S$100,000
Share capital between
S$ 100,001 - S$499,999
Share capital from
S$500,000
Chart Title
2016 2017
Strength of Singapore as regional business
hub

12. Maritime (Port) Security
Shareholder’s country of origin
9
Hong Kong , British Virgin Island, Cayman Island is holding highest share
among foreign subsidiaries
Companies held by foreign individual shareholders increased from
43.7% to 46%
The share of Subsidiary company setup in Singapore has increased from 52.4% to 55% in
2017 due to strong economy and good market condition
The shareholders from India remained unchanged due to low lending rates and subdue
economic activities

13. Doing Business – Singapore VS India
Economic Overview
10
India
Since 1991, India transformed from closed
economy to open economy
India’s Strength - Telecommunication, IT,
Pharmaceuticals, Jewellery and majorly
Startups (4750 techno Startups)
Forbes Best Countries for Business Ranking
– 85th
Singapore
Forbes Best Countries for Business Ranking
– 12th
1,54,000 small and medium enterprises
Singapore’s strength – State of the art
infrastructure, Convenient online portals,
transparent regulations

14. Doing Business – Singapore VS India
Business Environment
11
Ranking based on the
activity
India Singapore Malaysia
Ease of Doing
Business
130 2 20
Starting a business 155 6 111
Getting construction
permits
185 10 11
Getting credit 44 20 20
Enforcing contracts 72 2 44
Enabling cross-border
trade
102 1 61
Innovation 42 3 26
Open for Business 29 13 12
Entrepreneurship 68 27 58
130
102
72
68
185
44 42
29
155
2 1 2
27
10
20
3
13
6
20
61
44
58
11
20
26
12
111
0
20
40
60
80
100
120
140
160
180
200
Sum of India
Sum of Singapore
Sum of Malaysia

15. Doing Business – Singapore VS India
Business Set-up
12
India
Business Entities :
• Private Limited Company
• Public Limited Company
• Unlimited Company
• Limited Liability Partnership (LLP)
• Partnership
• Sole Proprietorship
• Liaison Office / Representative Office
• Project Office
• Branch Office
• Joint Venture Company
• Subsidiary Company
Time taken to incorporate : 2 – 7 Days
Private Ltd Company : 2 share holders, 2
directors
Immigration Requirements : Business Visa
(6months), Employment Visa (5 years)
Singapore
Business Entities :
• Sole Proprietorship
• Partnership
• Limited Liability Partnership (LLP)
• Limited Partnership
• Private Limited Company
Time taken to incorporate : 6 Weeks
Private Ltd Company : 1 share holders, 1
directors
Immigration Requirements : Employment
Pass ( who draws a minimum salary of
S$3600 Rs 1,81,323)
Malaysia
Business Entities :
• Sole Proprietorship
• Subsidiary
• Limited Liability Partnership (LLP)
• Branch Office
• Representative office
• Private Limited Company
Time taken to incorporate : 2 – 3 Days
Private Ltd Company : 2 share holders, 2
directors
Immigration Requirements : Employment
Pass( draws a monthly salary of RM 5000(Rs
85,218)

16. Doing Business – Singapore
Register a private limited company in Singapore
13
Registration Authority : Accounting and Corporate Authority (ACRA), companies can
register through using BizFile - ACRA’s online filing and information retrieval system
Registration Requirements
a) Approved Name: Company must reserve a company name with the company
registrar(ACRA)
b)Resident Director : 1 director, ordinary resident of Singapore (Can be appointed as
a nominee Director)
c) Shareholder: Minimum 1, Maximum 50 shareholders
d)Paid-up/share capital: Minimum S$1
e) Company Secretary: Must have a CS to ensure regulatory compliance for the
company
f) Local company address: Company is required to have a local registered address in
Singapore that cannot be a PO box
g) Government Fee: S$15 Name approval fee, S$300 Company Registration fee

17. Doing Business – Singapore
Tax Structure
14
Singapore (Corporate Tax)
YA 2010 - 2019
Chargeable
Income
%
Exempt
ed from
tax
Amount
Exempted
From Tax
Taxable amt
First
$10,000
@75% = $7500 = $2500
Next
$2,90,000
@50% = $1,45,000 = $1,45,000
Total
$3,00,000
= $152,500 =
$147,500*17
%
= $25,075
Tax rate – 17 % fixed (since 2010)
YA 2020
Chargeable
Income
%
Exempte
d from
tax
Amount
Exempted
From Tax
Taxable amt
First
$10,000
@75% = $7500 = $2500
Next
$1,90,000
@50% = $95,000 = $95,000
Total
$2,00,000
= $102,500 =
$97,500*17%
= $16,575
Corporate Income Tax Rebate – YA 2018 40% Capped at $15,000
YA 2019 20% Capped at $10,000
YA 2020 (TAX rebate not disclosed)
Singapore (GST)
GST for Taxable
Supplies
Standard rated
Supplies
• GST is charged at 7%
• Local Services
Zero- rated
Supplies
• GST is charged at 0%
• International Services
GST is
applicable if
taxable
turnover at
the end of any
calendar year
on or after 1
Jan 2019
is more than
$1 million

18. Doing Business – Singapore VS India
Income from foreign source
15
TAX SINGAPORE INDIA MALAYSIA
Corporate Tax 17% 30% (resident companies),40%
(non-resident companies)
25%
Branch Tax 17% 40% 25%
Capital Gains
Tax
- 15-20% 0-30%
Income Tax 0% - 22% 0% - 30% 1% - 26%
Withholding Tax
-Dividends
- Interests
- Royalties
0%
15%
10%
10%
10%
10%
0%
15%
10%
Double Taxation
Relief
Yes Yes Yes
Foreign-Sourced
Income Tax
Taxable (if received in
Singapore)
Taxable No (Except for income from
banking, insurance or air/sea
transport)
GST 7% 5-28% 6%

19. Doing Business – Singapore
Laws
16
Employment Law
• A workman (doing manual labour) earning a basic monthly salary of not more than $4,500
• An employee who is not a workman, but who is covered by the Employment Act and earns a monthly
basic salary of not more than $2,500. (Excluding - payment of overtime, bonus, annual wage
supplement, productivity incentive payment, reimbursement for special expenses and all allowances)
• Working Hours – 35 Hrs./week ( Working less than 35hr will be considered as part-time work)
• Statutory
• For employees that are Singapore citizens or permanent residents, companies are required to make
monthly contributions to a set of statutory funds that include the Central Provident Fund (CPF)
• Personal Data Protection Act

20. Thank You