Transportation

The shipping industry holds a strategic place in Singapore. Increasing trade volumes, deregulation and the lifting of trade barriers have enabled this industry to thrive in the Asia Pacific region. Strong international competition brings additional pressure on shipping while mergers and alliances of major Groups are reshaping the industry.

Despite the volatile and cyclical nature of the industry, shipping will continue to enjoy exemption incentives and favourable tax treatment in Singapore. This encourages the shipping enterprises to invest in the industry in the region in anticipation of the upturn expected by next year. These dynamics create an opportunity for us to operate locally. In Singapore we are proud of our strong track record amongst major global shipping companies.

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Mazars Singapore experienced practitioners bring you sound perspectives in the Shipping Industry...

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