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Background

After 10 years in a global logistics MNC, this passionate, cause-driven individual was done with the monochrome life.

Intrigued by a longstanding passion for crafting meaningful solutions for the intricate challenges in the global logistics landscape, he decided it was time to start his own entrepreneurial journey.

So, his brainchild, now a leading logistics venture was born in 2022.

Challenges

• Initially, he approached our firm but opted for another one
• What followed was a nightmarish 4 months of limited communication and assistance
• International taxation, compliance requirements, and filing procedures proved overwhelming for a
  newcomer to the market.
• The RBI’s revision of ODI rules necessitated changes in the entire structuring, causing further confusion.

How We Helped

• Crafted a One-Team Mindset Strategy with the Core Team providing lasting value based on in-depth research and analysis of the Singaporean regulatory landscape
• Integrated and implemented multiple tax and finance considerations into one solution, created Tax Optimized Structure
• Implemented a sturdy governance structure that facilitates timely and risk managed compliance, transparency, and sustained enhancement of quality

Impact

As a result of TMG’s help, the client successfully expanded into new territory and created a one-vision-driven hub in Singapore. They continue to evolve in collaboration with TMG, and their business is thriving.