5 insider tips for German companies setting up in Singapore

大型德国跨国公司（MNC）在新加坡建立了区域业务历史悠久。最近，德国测试，检验和认证公司，Tuv Sud，破坏了地面的建设S$100 million regional hub. This is the company’s first major real estate investment outside of Germany.

Speaking to reporters at the ground-breaking ceremony, TUV SUD board member Ishan Palit said: “Our decision to further invest in Singapore demonstrates our confidence in this market and its aspirations for the future. Singapore is constantly innovating and is always prepared to test new technologies and solutions to propel its Smart Nation vision."

然而，新加坡也可能对Mittelstands或德国小型公司（中小企业）有吸引力。就像在德国一样，中小企业是新加坡经济的主要动力 - 占企业的99％，雇用70％的劳动力。

However, there are some considerations that every German company looking to do business in Singapore should note. Here are five insider tips.

1) Decide on your regional HQ role

There are different foreign company registration options.

首先，您需要决定您是否正在建立新加坡的分支机构，子公司或代表处。

分支机构是注册法人实体，被视为母公司的延期。但是，这是非居民，这意味着总部办公室将对新加坡办事处犯下的任何行为负责。

另一方面，附属办公室是一家与外国公司作为主要股东的本地纳入私人有限公司。在新加坡，公司可以100％外国所有，但总部无法为附属办公室的债务和负债持有。

View foreign company registration options.

Secondly, you will also need to establish the business operations of your company in Singapore. This will have implications on tax and incentives.

例如，下面金融与宝藏奖励计划, companies growing their treasury management capabilities in Singapore is eligible for reduced corporate tax rates of 8% and withholding tax exemption on interest payments.

The Research Incentive Scheme for Companies, encourages businesses to set up research and development operations in Singapore with reduced qualifying corporate tax rates of 5% to 10%.

2）了解哪个政府机构与之合作

This brings us to the next point – it is important to work with the relevant新加坡政府机关for your industry.

There are some common agencies that you will need to know for your Singapore company registration such as the Accounting and Corporate Regulatory Authority of Singapore (ACRA) and Central Provident Fund Board (CPF).

There is also only one national taxation authority – the Inland Revenue Authority of Singapore (IRAS). There is no municipal tax or “Gewerbesteuer” and IRAS handles all corporate and personal tax issues including any free trade or double taxation agreements between Singapore-Germany.

However, industry-specific agencies may be better able to assist with your set-up. For example, you may need to seek permission from theMonetary Authority of Singapore- the country’s regulatory and central bank, if you are incorporating a business in the finance, securities, insurance and asset management sectors. The MAS also rolls out its own incentives for financial technology companies and offers a sandbox for new entrants to Singapore.

3）熟悉就业政策

Like in Germany, the premiums for national retirement and health insurance programmes are borne by both the employer and employee. There is also a scheme similar to the German Church Tax or “Kirchensteuer” where the employer deducts the employee’s pay for contribution to their ethnic community groups such as CDAC, ECF, MBMF and Sinda.

但是，新加坡是独一无二的其他就业政策。新加坡没有最低工资要求，但有关于外国工作签证的定期更新可能对您的招聘政策产生影响。人力部发出这些指导方针，但您可以访问我们的快速指南各种新加坡移民计划万博体育不能登录这里.

While the National Trade Union Congress is a confederation of trade unions and professional associations, theTripartite Alliance for Fair & Progressive Employment Practices(TAFEP) – a collaboration among the government, labour union and employer representatives – plays an active role in ensuring fair employment opportunities for local Singaporeans. TAFEP has laid guidelines around recruitment practices covering even freelancers.

4）为您的HQ设置探索不同的位置

Although Singapore is a small island, there are regional hubs that help companies of similar backgrounds interact and expands business opportunities，例如，国际商业园（德国中心）和清洁技术园区。

新加坡西部的一北部被指定为生物医学科学，信息通信技术，科学和工程的研究和商业园区。

科学，技术和研究代理等相关的政府机构都在那里。Ride-Haileing Giant Grab，正在建立一个181,000,000美元的总部，而制药巨头，GSK的区域总部将其作为商业中心的职能超过一半的全球医疗保健行动。

Seletar Aerospace Park in the north-eastern part of the island is designated as a global aviation hub where Rolls Royce has built a S$700 million manufacturing, testing, training and research facility.

查看德国公司应该在新加坡建立的五个原因

5）利用当地的德国网络

There are several local German associations that can help soften your landing in Singapore such as theGoethe-Institut,工业和Commerc Singaporean-German室e,德国工贸中心and theGerman embassy. Established in 1856, the German Club is also the oldest foreign club in Singapore.

在Hawksford 2019年的德国路演期间，我们已经看到新加坡仍然是欧盟在东南亚最大的贸易伙伴，许多德国公司继续选择新加坡作为祖国之外的第一个基地。