RIYAZ

GOWTHAM
VIJAYMEENAKSHI
ABOUT US……….
 WE ARE WATCH MANUFACTURES
 A LIMITED EDITION WATCH
 MAINLY FOCUSED ON STEAMLINED WATHCES
 MANUFACTURING HYBRID WATCHES
 ASFALIA WATCHES
 SALUT WATCHES
Country
Why Singapore
 Country mostly depends on importing.
 There is no existence of production units.
 The trade regulations between India and Singapore are
less.
 India is the second largest exporter of singapore.
 Mostly goods in singapore are been imported.
 A REGIONAL HUB
FOR SOUTH EAST ASIA
ASEAN – world’s largest trading entity

Combined SE Asia (SEA) GDP - US$2 trillion

Population of SEA – 600 million (more

than the EU, the former Soviet Union,
S America & the Middle East)

SEA bigger export market for the UK

than the Gulf, China, India or Brazil

Singapore’s trade is 3 times its GDP

(40% are re-exports)
A MAJOR TRADING ROUTE
World’s 2nd largest container port
Half of the world’s population within 7 hours’ flight
7,000 MNCs: 60% with regional/global HQ functions

China: 1.3 billion

India: 1.1
billion

SE Asia: 590 million

Australasia: 25 million
Bilateral dimension
 Historically EU was an early, major promoter of
preferential FTAs
 60s: Yaounde Agreements & 75 Lome Treaties
 70s: agreements with Mediterranean countries and 6 EFTA
countries & EC generalised system of preferences
 Late 80s: another wave of regionalism with conclusion of
Association Agreements (CEECs) & cooperation
agreements with CIS countries.
 In the mid-90s, EU began to give priority to
multilateralism of WTO over bilateral FTAs
 Doha suspension => EU announced its intention to
enter into more FTAs (Global Europe)
Export license
Export duty on watches
BILL OF LANDING
currency
Market Infrastructure
 The hour glass one
 Lulu groups
 Against Business in Singapore
Examples

 The most expensive country in the world to live in

 When choosing a company name for your business, proper
approval is required. All company names must end with
‘Private limited’ or ‘Pte Limited’.
 Annual accounts and annual returns are required to be
filed by all businesses
 Annual returns have to be filed with both the Companies
Registry as well as with the Income Tax authorities
 To set up an LLC two directors are required, one of whom
must be a Singapore resident, a native Singaporean, or
someone who has a Singapore Employment Pass
 Against Business in Singapore
Examples continued
 The directors of an LLC must be individuals
 There must be at least two individuals, or one corporate
shareholder for a business to be set up
 Every foreign company registered in Singapore must have
two agents acting on its behalf in the country. These agents
must be native Singaporeans, permanent residents of the
country or must have a Singapore Employment Pass
 A resident, qualified Singapore auditor must do the
business' accounts
 A general meeting must be held on an annual basis
 People who have declared bankruptcy cannot be
nominated as directors