The bilateral CSFTA signed between China and Singapore has enhanced Singapore-based companies’ access to the vast Chinese market and further boosted bilateral trade and investment relations. Building on the commitments of ACFTA Trade in Goods Agreement, CSFTA provides for accelerated tariff concessions that will enhance the competitiveness of Singapore goods vis-à-vis other foreign imports into China. The CSFTA is also the first comprehensive bilateral FTA concluded by China with an Asian country, covering areas ranging from trade in goods and services, to investment and economic cooperation, among others. Read More
The ACFTA signed between the ASEAN member states and China has granted Singapore-based companies greater access to the Chinese market while improving relations, trade and investment amongst the signatories of the ACFTA. Some key benefits of the ACFTA include a tariff elimination for 94.6% of all tariff lines for Singapore’s originating exports to China, improved foreign equity thresholds for services, and the creation of a more transparent, facilitative and secure environment for investors and their investments in ASEAN and China. Read More
The RCEP Agreement builds on existing bilateral agreements that ASEAN has with its free trade partners. It is the world’s largest FTA, comprising about 30% of global GDP and about a third of the world’s population. It will further broaden and deepen Singapore’s economic linkages and connectivity with the region, open up opportunities and provide businesses with preferential access in the region. Read More
The Agreement for the Avoidance of Double Taxation between Singapore and China serves to relieve double taxation of income that is earned in one jurisdiction by a resident of the other jurisdiction. Read More
Under the Singapore-China Mutual Recognition Arrangement (MRA), both Singapore and China recognise the compatibility of their Authorised Economic Operator (AEO) programmes. AEO companies enjoy faster customs clearance not only when exports leave their own country, but also when they arrive in the other MRA country. Read More
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