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      GTP Audit

      Global Trader Programme 

      The Global Trader Programme (GTP) provides a reduced corporate tax rate of 5% or 10% on qualifying trading income for three or five years. Qualifying trading income includes income from physical trading, brokering of physical trades, derivative trading income, and income from structured commodity financing activities, treasury activities and advisory services in relation to mergers and acquisitions.

       

       

      How to qualify?

      To qualify for the GTP, companies must have substantial operations in Singapore and meet stringent quantitative criteria (including employment and local expenditure). Larger players with more established operations in Singapore should also perform strategic functions, such as compliance and risk management , financial, derivatives and logistics management. Companies must also be committed to make significant use of the banking, financial infrastructure, logistics, arbitration and other supporting services in Singapore as well as contribute to manpower development in Singapore.

      For more information, refer to Enterprise Singapore.

       

      Our GTP Audit

      We are experience in GTP audits for clients who trades in commodity. As part of this service, we will audit the transactions based on the requirements set by Enterprise Singapore to ensure that the clients fulfil the local business spending, hiring of local professionals requirements and suggest recommendations for improvements to the client.

       

      Contact us

      We can assist you today. Contact us at admin@facassurance.com

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