Benchmark Criteria: In addition to the points mentioned above, any company that applies to the Global Trader Programme is required to meet the benchmarks  Learn about the Global Trader Programme (GTP) in Singapore - its scope, benefits, qualifying criteria and other relevant factors. Approved GTP companies are subject to meeting certain minimum qualifying criteria, negotiated and set by IE Singapore. The quantitative requirements.

Introduction. This guide to doing business in Singapore will provide foreign investors with an insight into the key aspects of investing Certain exemptions apply, wherein Global trader programme: Approved companies carrying out regional  Also, depending on the incentive or business grants in Singapore being sought, the approving government business activities for a group of companies may also apply for these incentives for the HQ activities. 8) Global Trader Programme. It is worth noting that this is not a trading programme: Those looking to enter a commercial ('front line Notify me when I can apply for a graduate position. Name. 22 May 2012 A scheme called the “global traders programme”, or GTP, in place since use of Singapore's banking and financial services, and other criteria. Singapore has transformed its economy into an energy trading hub within a few decades. 2001 and renamed as Global Trader Programme (GTP). GTP has projections, with Singapore as its base, it can apply for the renewable five-.

Who can apply for Global Trader Programme (GTP). There are three minimum criteria as per IE to apply for the GTP status:.

Benchmark Criteria: In addition to the points mentioned above, any company that applies to the Global Trader Programme is required to meet the benchmarks  Learn about the Global Trader Programme (GTP) in Singapore - its scope, benefits, qualifying criteria and other relevant factors. Approved GTP companies are subject to meeting certain minimum qualifying criteria, negotiated and set by IE Singapore. The quantitative requirements. Who can apply for Global Trader Programme (GTP). There are three minimum criteria as per IE to apply for the GTP status:. 9 Jan 2019 Eligibility criteria under the Global Trader Programme - presented by our experts in opening companies in Singapore. The following criteria must  Participation in the Singapore Global Trader Scheme. (1) Basic Criteria for Participation in the Global Trader Programme. You can apply to join the Singapore's 

As a global financial hub with over 500 financial institutions, Singapore provides for guide, in summary, the key requirements to register a company in Singapore are: Another scheme is the Gloal Trader Programme which offers reduced 

28 Feb 2020 Global Trader Programme between 2013 and 2018, Singapore's wholesale trade sector contributes 17% of Singapore's Who can apply?

Detailed description of corporate tax credits and incentives in Singapore. approved products with high technological content or providing qualifying services may apply for tax exemption for five to 15 years Global Trader Programme (GTP).

3 Jan 2020 Companies that carry out global or regional headquarters (HQ) for a group of companies may also apply for the PC or DEI for the HQ activities. and Enterprise Singapore, the programme will facilitate the entry of global  Detailed description of corporate tax credits and incentives in Singapore. approved products with high technological content or providing qualifying services may apply for tax exemption for five to 15 years Global Trader Programme (GTP).

Also, depending on the incentive or business grants in Singapore being sought, the approving government business activities for a group of companies may also apply for these incentives for the HQ activities. 8) Global Trader Programme.

Who can apply for Global Trader Programme (GTP) IE has mandated three minimum criteria for a GTP status application: substantial physical offshore trading turnover on a principal basis; significant local business spending attributable to trading activities in Singapore; employment of professional traders in Singapore. Launched in June 2001, the Global Trader Programme is a merger of the Approved Oil Trader (AOT) and the Approved International Trader (AIT) programmes which started in 1989 and 1990 respectively. The Approved Oil Trader (AOT) Programme aimed at capitalising on Singapore’s growing role as a refining centre in the region. (1) Basic Criteria for Participation in the Global Trader Programme You can apply to join the Singapore’s Global Trader Programme if: (a) You are a well-established medium or large-sized international company, and you conduct international trading, procurement, distribution and the transportation of qualifying commodities and products (see below for details) . The Global Traders Programme (GTP) is an incentive program designed to encourage international trading companies to choose Singapore as a base for their global trading activities. The primary purpose of the programme is to promote Singapore as an international trading hub. The Global Trader Programme (GTP) is a scheme which was put in place by the government of Singapore. It was introduced to facilitate trading activity in Singapore.

The Global Trader Programme (GTP) is a scheme which was put in place by the government of Singapore. It was introduced to facilitate trading activity in Singapore. minimum qualifying criteria, negotiated and set by the IE Singapore. The quantitative requirements include minimum annual physical turnover, minimum annual local business spending and minimum trading professionals employed throughout the incentive period. There is an expectation of the GTP company to eventually its global trading network and demonstrate sustainable growth projections, with Singapore as its base, it can apply for the renewable 5-year GTP status. To qualify for the GTP, companies must have substantial operations in Singapore and meet stringent quantitative criteria (including employment and local expenditure). The Global Investor Programme (GIP) accords Singapore Permanent Resident status (PR) to eligible global investors who intend to drive their businesses and investment growth from Singapore. You will need to have a substantial business track record and successful entrepreneurial background to qualify. In addition to the points mentioned above, any company that applies to the Global Trader Programme is required to meet the benchmarks listed below: Minimum Annual Turnover: USD 100 million. Minimum Annual Local Business Spending: SGD 3 million. Minimum trading professionals employed: 3 trading Global Trader Programme (GTP) Overview The GTP is administered by the International Enterprise (IE) Singapore, and is targeted at supporting global trading companies undertaking qualifying transactions in qualifying commodities and products. The objective is to attract companies to use Singapore as a base to conduct their Launched in June 2001, Global Trader Programme (GTP), which encourages global trading companies to use Singapore as their regional base to conduct entire trade-related activities, from procurement to distribution, has been a major success.