Overseas Global Business Expansion

We provide comprehensive support to ensure your business expansion process is carried out seamlessly.

Hands-on Business Consulting

We offer customisable hands-on business consulting where you are able to select which type of service most suitable to your current business needs.

See all our services below:

Ensure your business reaches the target market and location with Global Angle assessment services

Market Assessment

Ensure your business reaches the target market and location with our assessment services

Market Feasibility

We do advisory on the target market/potential markets

Market Research

Read more about our market research services here

Market Entry

To ensure your market entry approach is relevant and compliant with the authorities

Market Entry Strategy

Receive advice of the best methods for your product or service to enter the market

Company Incorporation

We link you with licensed/approved agents to incorporate your company

Global Angle will ensure that your business operates with the right resources and talents

Business Operations

Ensure your business operates with the right resources and talents

Recruitment

Recruit talented individuals who will be an asset to your business with their relevant skills and expertise

Marketing

Make a mark in your target market, building your business’ brand and awareness

Arrangement of physical spaces

We will source out the most suitable spaces accordingly, such as office spaces and retail spaces

Read below to find out about the business incorporation process in the following countries:

Singapore

Vietnam

Business Expansion in Singapore

Expanding your business in Singapore offers strategic access to Asian markets, top-ranked ease of doing business, political stability, favorable tax conditions, and access to skilled local talent

Benefits of Business Expansion in Singapore

Singapore is a central and strategic location in Southeast Asia, enabling access to other Asian markets.
Consistently recognised as one of the top countries that is the best place to do business. In 2020, Singapore was ranked 2nd in Ease of Doing Business
Stable political environment
Favourable tax conditions provided for businesses
Access to skilled local talents

Overview of setting up a company in Singapore

Average Time: Incorporation takes 1-2 days. Applying for relevant license may take up to a few days or several weeks, depending on license type and business complexity.

Average Costs: Incorporating a company costs around SGD 1,000-2,000, excluding other expenses such as government’s fees and tax registrations. The cost of expanding a business into Singapore depends on several factors such as company type and legal fees.

Registering your company in Singapore

Understand the types of foreign company registrations in Singapore

Transfer of Registration (Re-domiciliation)
Cease of overseas business, move business to Singapore permanently
Setting up a representative office
No legal status therefore not able to earn profit
Incorporating a subsidiary / Local company
One director and shareholder (EP holder with Singpass or Local Citizen, appoint company secretary after 6 months)
Registering as a Foreign company
1 local authorised representative managing
Corporate services (Company secretary est; $300/year)

Registration Process with ACRA (Accounting and Corporate Regulatory Authority)

Company Name Registration Fee
ACRA Application Fee
Minimum Requirements
1. Director
2. Company Secretary
3. Office Address – Office / Residential

Incorporation Checklist

Company Name
Business Activities
Preferred Financial Year End (FYE)
Registered Address
Paid Up Capital
Assign a shareholder (do not hold assets including debts) -10% shares
Assign and requirements for a director

Business Commencement

Licensing

Depending on business activity, companies may need to apply for licence or approval from other governmental agencies. Read more here.

Rules and regulations

Hiring Platforms

Office Spaces

Growth Opportunities and Potential

Incentives and Grants Available

Singaporean Government provides various resources to support companies in their growth. There are various types of grants available by Enterprise Singapore. Enterprise Singapore is the government agency that provides most of the Startups and SME grants. Click the links below to find out about some of the business grants available.

For startups

Startup SG Tech
Startup SG Founder

For all sectors

Productivity Solutions Grant (PSG)
Start Digital
Technology for Enterprise Capability Upgrading (T-Up)

Find out the entire list of grants available for all sectors and specific sectors here.

Get in touch to explore your business expansion strategy into Singapore

Business Expansion in Vietnam

Expanding business in Vietnam offers strategic ASEAN location, rapid market growth, political stability, competitive labor costs, high on-site purchasing rates, an open business environment with numerous FDI projects and trade agreements, and a strong presence in processing and manufacturing industries

Benefits of business expansion in Vietnam

Strategic Location in ASEAN
Vietnam market size/growth potential (69.3% in 2021)
Vietnam has a stable socio-political situation
Vietnam is well-known for its lower labour cost. It is said that the average cost to hire a person at a factory in Vietnam is one-third of the cost in China.
On-site purchasing rate is 37.4%, and this rate increases during COVID.
Open business environment (By the end of 2019, more than 30,000 FDI projects have chosen Vietnam as their headquarters, with a total registered capital of about 362 billion USD; Many trade agreements have been signed such as EVFTA (EVFTA will eliminate nearly 99% of customs duties between the EU and Vietnam), CPTPP, etc)
Have advantages in processing and manufacturing industries (In 2022, the processing and manufacturing industry leads the way with total foreign investment in Vietnam, reaching more than 16.8 billion USD, accounting for 60.6% of total registered investment capital.)

Overview of setting up a company in Vietnam

Average Time: Incorporation may take 1-2 months. The duration depends on business activities and availability of required documents. Timelines for obtaining relevant licences may vary depending on the nature of business and the type of licence required. It can take from a few weeks to several months if additional approvals from authorities are required.

Average Costs: Incorporating a company costs around 5M – 20M VDN. This includes certificate acquisition, service fees such as notarization, business seal, and purchasing a digital signature.

Registering your company in Vietnam

Foreign investors wanting to register their business in Vietnam must do the following:

Apply for the Investment Registration Certificate (IRC) issued by Vietnam’s Department of Planning and Investment: Vietnam’s Department of Planning and Investment
Apply for the Enterprise Registration Certificate (ERC) issued by Business Registration Office – Department of Planning and Investment: Business Registration Office – Department of Planning and Investment

Understand the types of company registrations in Vietnam

Limited Liability Company
Joint Stock Company
Partnerships
Branch
Representative Office

Registration Process

Incorporation Checklist

Company Name
Business Activities and scope of activities in Vietnam (for instance: export processing, nationwide distribution)
Desired operating time
Type of company (Joint Stock Company or Limited Liability Company)
Preferred Financial Year End (FYE) for the last 2 years
Information related to the parent company (capital contribution ratio, nationality)
Type of Address (office, factory, warehouse)
Registered Address
Paid Up Capital (total capital and disbursement schedule)
Legal representative in Vietnam (list of shareholders and Directors)
Other questions asked

Business Commencement

Taxation

The major taxes that are relevant for companies and foreign investors, are as follows

Corporate Income Tax
Value-added tax (VAT)
Foreign Contractor Withholding Tax (FCWT)
Special consumption tax
Business licence tax
Stamp duty
Personal Income Tax (PIT)

Rules and Regulation

Work permit for foreign employees

Free Trade Agreements (FTAs) with Vietnam and other countries

Import / Export: 輸出入

Hiring Platforms

Office Spaces

Office

Co-working

Virtual

Growth Opportunities and Potential

Incentives and Grants Available

There are various incentivised business sectors available. Preferential CIT rates of 10%, 15%, and 17% are available where certain criteria are met.

Get in touch to explore your business expansion strategy into Vietnam

Business Expansion in Japan

Benefits of business expansion in Japan

Business Opportunities: Japan has rich business opportunities for both investment management and asset raising activities.
Favourable Living Conditions: Japan’s comfortable living environment guarantees residents a high quality of life.
Government Incentives: The Japanese government firmly supports and promotes the “International Financial Center Initiative” as one of its most important measures for stimulating long term economic growth.
Regulatory Sandbox: The Government of Japan (GOJ) has introduced a sandbox approach that seeks to help new ideas develop in a live market. This enables businesses to conduct a demonstration that is approved by Competent Ministers, which may appropriately lead to regulatory reforms.

Overview of setting up a company in Japan

Understand the types of company registrations in Vietnam

Representative
Branch
Subsidiary
1. Kabushiki Kaisha (KK)
2. Godo-Kaisha (GK)

Registration Process

Overview

Decide Company Type
Decide office location
Complete the articles of incorporation (including getting notarised)
Create company seal
Deposit the paid up capital
Notify and submit documents to the respective tax, labour, pension offices

Depending on business activity, companies may need to apply for licence or approval from other governmental agencies. Read more here.