IGH, life sciences, industrial manufacturing,consumer and retail

In an evolving business landscape, driven by new industry trends, technology and trade disruption, businesses need to review the relevance of their supply chains and business models to remain competitive.

This entails investment in research and development (R&D), fixed asset investments and a willingness to evolve and transform business models.

Our dedicated tax advisors, with their wealth of experience, have developed efficient tax plans that drive cost savings while managing tax risks for clients in these key industries:

• Consumer and retail

• Industrial markets, including conglomerates and trading companies, and engineering and industrial products

• Infrastructure, government and healthcare

• Life sciences, including biomedical technologies, biotechnology and pharmaceuticals

• Transportation and logistics, including aviation, land, rail and shipping
  

BEPS 2.0

• Undertaking analysis for BEPS 2.0 and simulation studies for potential tax impact

• Business model and shareholding structure tax efficiency review/cross-border tax structuring

• Undertaking analysis on the overall tax efficiency of the Group’s current business model/supply chain and shareholding structure

• Develop tax-efficient holdings structures, taking into consideration the profit repatriation strategies of the Group, with limited BEPS risks

Capital Expenditure (CAPEX) Tax Maximiser

• Undertake capital allowance study to maximise tax depreciation claims

• Assist in application and claim of Land Intensification Allowance and Investment Allowance

• Review property valuation with a view to minimise property tax

Grants and incentives

• Provide grants and incentives support to help local enterprises internationalise or enter new markets

• Assist in incentive planning and application for encouraged activities like R&D, headquarters, trading, finance and treasury activities and high-value manufacturing

Liaising with tax authorities

• Tax dispute resolution for complex queries raised by the tax authorities

• Voluntary disclosure programme application to minimise penalties arising from any errors made in tax filing or non-compliance with the tax regulations

Tax mergers and acquisitions (M&A) advisory

• Vendor and target due diligence, pre- and post-acquisition structuring/streamlining of operations