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Why They Came To Us?

Meet our client, a game-changer in retail tech, driven by a passion to reshape global commerce. Starting with a dream to go global, they faced challenges along the way. A faulty global structure and a lack of streamlined processes hindered their potential. And these became real shackles when they tried to expand into the Singapore Market.

Challenges They Faced:

• Intercompany Intricacies: Multiple group companies led to complexities in intergroup & related party transactions. Demanded a tailored financial architecture to ensure seamless intercompany dealings.
• Compliance Labyrinth: Navigating the maze of local laws and regulations, absence of local connects, across multiple jurisdictions posed a significant hurdle in establishing a robust global presence.
• Business SetUp Jigsaw: Crafting a strategic, brand consistent and compliant business setup while expanding into new geography was essential, requiring an in-depth understanding of the business model and the vision of the founders

TMG.’s Tried & Tested Solutions:

• Precision Entity Structuring: Meticulously restructured the client’s entities to optimize tax efficiency, mitigate risks, and ensure regulatory compliance, setting the foundation for a resilient global presence
• Compliance Mastery: A comprehensive compliance framework tailored to each jurisdiction was implemented, covering fundraising, corporate governance, and local regulations, ensuring our client’s operations adhered to the highest standards.
• Business Set-Up Excellence: Facilitated the seamless establishment of our client’s operations in each target market, incorporating a deep understanding of local laws and business practices.
• One Team Mindset Worked hand in hand with the founding team to deeply understand the nuances of the business and set up a brand consistent one stop hub

Impact:

TMG’s strategic prowess in entity structuring, compliance, and business setup played a pivotal role in propelling our client to global success. This case exemplifies how a meticulous approach to the intricacies of global expansion can transform challenges into opportunities, solidifying our client’s position as a frontrunner in the international retail tech arena.

• 40% Savings in Time Spent on Multijurisdiction Compliance
• 20% reduction in the late fees and allied
• Overall 15% jump in quarterly profits