GovTech Singapore’s Post

Reducing regulatory burdens to enable our businesses to #KeepGrowing. To enable SMEs to stay competitive and tap new business opportunities, the Ministry of Trade and Industry (Singapore) has announced the establishment of a Small and Medium-Sized Enterprises Pro-Enterprise Office (SME PEO) that will be housed within Enterprise Singapore.   The SME-PEO will serve as a one-stop shop to navigate Government rules and regulations simpler and faster, particularly in matters that cut across different agencies. Learn more here: https://go.gov.sg/pdkm89 Gan Kim Yong Low Yen Ling

Benefits of Investment Certificate in Rwanda: Having an IC in Rwanda offers a range of significant benefits to investors, aligning with the (RDB's) objectives to foster investment and economic growth within the country. Here are the key benefits of holding an IC in Rwanda: · Tax Incentives Investors with an IC often qualify for various tax incentives, which can include reduced corporate income tax rates, exemption from certain duties and taxes, and other tax benefits. These incentives are designed to enhance the profitability and viability of investments in Rwanda. · Access to Land and Real Estate IC holders may find it easier to access land for their investment projects, including the lease or purchase of land. The RDB assists investors in navigating the process of acquiring land, especially in designated economic zones or for projects aligned with national development priorities. · Expedited Business Registrations and Licenses The process of obtaining necessary business licenses and registrations is streamlined for holders of an IC. This expedited process reduces bureaucratic hurdles and speeds up the time it takes to legally operate a business in Rwanda. · Customs and Import Benefits Investors can benefit from exemptions or reductions on import duties for machinery, equipment, and sometimes raw materials needed for their investment projects. This can significantly lower the startup and operational costs for businesses engaged in manufacturing or other sectors that require substantial capital investment in equipment. · Support and Facilitation Services The RDB provides personalized support and facilitation services to IC holders. This includes assistance with navigating regulatory requirements, connecting with potential local partners, and other services aimed at ensuring the smooth establishment and operation of the business. ·  Investment Protection Rwanda's legal framework offers protection to investors, ensuring that their investments are safeguarded against expropriation and nationalization. The country's adherence to international treaties and agreements on investment protection further boosts investor confidence.  · Facilitating Financial Access One notable benefit of holding an IC is the enhanced ability to secure bank facilities and loans from local banks. · Repatriation of Profits and Capital Investors are guaranteed the right to repatriate profits and capital associated with their investment, subject to compliance with the applicable laws and regulations. This provides a level of financial security and flexibility for foreign investors. · Employment and Training Incentives There are also incentives aimed at supporting the training and employment of local staff, contributing to skills development and ensuring that the benefits of foreign investment extend to the local population. At Sokrab (www.sokrab.com), we are equipped to guide international investors through the intricacies of establishing a company and obtaining an IC.

Embrace technology as a catalyst for corporate efficiency and productivity. Explore digital tools, automation solutions, and workflow optimizations that streamline processes, reduce manual tasks, and drive greater operational effectiveness within your corporate environment. Brands and Business Magazine is a Singapore-based publication that aims to spread financial literacy and global business intelligence in today’s financially and economically-versed world. Save this for the future and follow us for daily updates 👍 #brandsandbusinessmagazine #business #ROI #businessterminologies #BusinessTips #Tips #Businessgrowth #FinancialSuccess #Entrepreneurship101 #TechnologyIntegration #DigitalTransformation #CorporateEfficiency #WorkflowOptimization #ProductivityTools #BusinessTechnology

Most small business owners in Singapore spend their entire careers striving for cost-effective IT solutions. But here's something they don't teach you in school: Achieving affordable, tailored IT solutions is way easier than you think. Here's how to save yourself a decade and unlock optimized infrastructure and compliance this year: - Optimize IT Solutions. - Contact us for personalized IT solutions. - Share or comment if you found this helpful! #ctoasaservice

#Technology is not just a value-add; it is the cornerstone of success. Our 2024 Budget Proposal, in collaboration with Singapore Business Federation (SBF), outlines a roadmap for Singapore firms to not only embrace but master #digitaltransformation. From financial assistance to talent development, Singapore can #empower local enterprises for global growth and competitiveness. Get full insights at https://lnkd.in/dkvPbiXy Ajay Kumar Sanganeria Jiahao Yong Wei Hwa See #SGBudget2024 #KPMGSingapore #risingtoanewreality

Assessing the Status of Digital Integration of Small and Medium Sized Enterprises in the Middle East and North Africa

Expand your business in the UK

🏢 WHY CHOOSE REPRESENTATIVE OFFICE OR SUBSIDIARY Foreign direct investment (FDI) enterprise means an organization whose members or shareholders are foreign investors, established and operating in accordance with Vietnam’s laws that carry out business investment activities. Foreign investor means an individual holding a foreign nationality or an organization established under foreign laws and carrying out business investment activities in Vietnam. VIVA would like to share useful tips and lessons based on our practice service for thousands of cases regarding how to transform representative office in Vietnam into subsidiary company. Vietnam joined the World Trade Organization (WTO) in 2007, since there, thousands of foreign investors have been investing in Vietnam in the form of foreign representative office as a probatory step. Despite many advantages, the representative office is no longer meet the business expectation of the investors and shall be transformed into a subsidiary company. 👉 Read more information: https://lnkd.in/g4NwbAeE ---------------------- VIVA Business Consulting is the local experts for local business compliance procedures, has been trusted by thousands of foreign investors, multinational companies from Europe, Japan, Singapore, India, Korea, USA… regard to market entry service, required business compliance procedures by local laws and regulations since 2006. Thanks for consistent of practice expertise in Business laws - Employment relations – Tax and accounting – Corporate finance – Corporate services, VIVA has been successfully providing service for thousands of leading companies from Japan, US, EU, Singapore, India, China, Korea…. in such industries: Garment, energy, pharma, advertising, agricultural… VIVA keeps its service signature by offering one-stop business platform with exclusive and tailored-made services related to market entry and mandatory business compliances. We ensure for our client’s good standing, in lawful and optimal manners whenever they are working and doing business in Vietnam. 𝙑𝙄𝙑𝘼 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝘾𝙤𝙣𝙨𝙪𝙡𝙩𝙞𝙣𝙜 🏢 A. 12Th Floor, International Plaza Building, 343 Pham Ngu Lao Street, Pham Ngu Lao Ward, District 1, HCMC 🏢 O.17Th Floor, Prime Centre Building, 53 Quang Trung St, Nguyen Du Ward,Hai Ba Trung District, Ha Noi City ☎️ Call center: 18001243 📩 leads@vivabcs.com.vn #VIVA_Business_Consulting #HoChiMinhCity #district1

The government, through a Special Task-Force to Facilitate Business (PEMUDAH) is drafting a document entitled "New Deal for Business (NDFB)" to boost business confidence, stimulate economic growth as well as drive national digital transformation. FMC is humbled by being one of the Task-Force ecosystem in achieving the Nation-Building agenda.

Malaysia's Economic Transformation: Companies are embracing the e-Invoicing revolution. Join the journey as businesses propel towards efficiency, transparency, and digital empowerment. #EInvoicing #DigitalTransformation #MalaysiaEconomy