World Trade Center Kochi in association with Valid Points Law Offices and Fastcorp Pte Ltd, Singapore organized an online session on “Exploring business opportunities between India & Singapore”. Mr Neeraj Dubey, Founder and Managing Partner, The Valid Points Law Offices, India and Mr. Kenneth Chee, Director, Fastcorp Pte Ltd were the speakers.
Mr. Dubey spoke about the legal aspects of setting up business in Singapore. He listed the major changes and reforms brought about in India with respect to ease of doing business. He also shared the details of the various bi-lateral trade agreements between India and Singapore. He gave a few examples of success stories that happened as a result of Singapore and Indian companies’ collaboration such as DBS Bank and Vistara Airlines.
Mr. Kenneth Chee spoke about the main factors that make Singapore an ideal place to do business – No tax on capital gains, avoiding double taxation, no capital control, strong legal system, stable political environment, permission for 100% foreign ownership, efficient banking system and access to world class logistics and transport. He also discussed the recent trend of family offices setting up in Singapore owing to its reputation of being a safe haven for wealth and attractive tax incentives.
The programme had participation from various sectors and was also an opportunity to have their questions on the topic answered. Mr. Vivek George, World Trade Center moderated the session and Mr. Sandeep Raj, Coordinator, World Trade Center Kochi proposed the vote of thanks.