Singapore

• Support in M&A transactions, privatisations and the establishment of joint venture companies
• Review of distribution, license and cooperation agreements
• Merger and abuse control procedures (inbound and outbound)
• Representation of interests vis-à-vis antitrust authorities
• International trade (WTO, EU foreign trade law, anti-dumping, export control)

• IPOs (inbound and outbound)
• Capital measures (increase and reduction in capital, cash and in kind)
• Advice to members of executive and supervisory boards
• Ongoing corporate governance and corporate compliance

• Anti-corruption compliance
• Corporate governance and corporate compliance
• Employment law compliance
• Regulatory compliance
• Personal data protection law compliance (including compliance with the European General Data Protection Regulation)
• Tax compliance

• Incorporation of companies, registration of branches and representative offices
• Shareholders' agreements, Partnership agreements, constitutions, rules of procedure
• National and international joint ventures
• Liquidation and insolvency proceedings
• Disputes among shareholders/compensation claims vis-à-vis board members
• Representation in corporate law arbitration proceedings

• Employment contracts for employees, managers and directors
• Corporate restructuring, redundancy programmes and compensation plans
• Secondments
• Litigation
• Social insurance law
• Tripartite guidelines, advisories and standards

• Support and advice on the choice of location
• Representation vis-à-vis regulatory authorities
• Advice with regard to the appropriate market entry
• Planning, structuring and formation of companies, subsidiaries and liaison offices
• Formation of regional headquarters and holdings

• Work passes and permits (e.g. Employment Pass, S Pass, Work Permit)
• Dependant's Passes, Long Term Visit Passes and Letters of Consent
• E-notifications
• Entry Visas, Permanent Residence applications, Student's Passes

• Development and implementation of IP protection strategies
• Registration of trademarks, designs and patents
• Defence of IP rights
• Licence agreements, research and development agreements
• Outsourcing contacts

• Review and drafting of general terms and conditions
• Supply and procurement agreements
• Product liability: defence against claims in and out of court,
• Assertion of claims for recourse, advice on the execution of product recall campaigns
• Distributorship and sales agency agreements

• International litigation and litigation advice
• Legal representation at domestic courts of law
• Representation in national and international arbitration   
• Investment dispute resolution

• Domestic and cross-border acquisitions
• Due diligence
• Management buy-out – Management buy-in
• Acquisition and project financing
• National and international corporate restructuring measures
• Conversions and mergers
• Post-merger integration

• Real estate purchases and transfers
• Representation vis-à-vis public authorities
• Advice on drafting and negotiation of tenancy and lease contracts

• International tax (inbound and outbound)
• Direct and indirect taxes
• Tax structuring of M&A transactions
• Transfer pricing
• Remedies and actions relating to taxation and public
• Charges

• Comprehensive advice on Singaporean and European personal data protection law
• Advice on the introduction of data protection-compliant business models and processes
• Support for internal data protection officers
• Appointment and support as external data protection officer
• Preparation and updating of documents relevant to personal data protection law (such as internal and external data protection policies, consent forms, and notifications to employees)
• Data protection trainings
• Advice on the engagement of data processors/data intermediaries and drafting of data processing agreements
• Advice on international data transfers and drafting of data transfer agreements
• Support in the handling of personal data breaches (preparation of a data breach management plan, assessment of whether a data breach is notifiable, communication with data subjects and data protection supervisory authorities)
• Representation vis-à-vis data protection supervisory authorities
• Conducting national and international data protection audits
• Support in the creation of a data inventory

At Luther Corporate Services we perform the time-consuming accounting tasks, which a business must undertake, thus allowing our clients to concentrate on growing their businesses.

1. Bookkeeping

• Setting up the chart of accounts
• Recording of all payments and funds received
• Preparation of monthly bank reconciliation statements
• Recording of all sales and trade debtors
• Recording of all purchase and trade creditors
• Recording of prepayments and accruals
• Recording of all assets purchased and related depreciation
• Recording of all Goods and Services Tax (GST) on the taxable purchases/supplies
• Extraction of monthly trial balances and general ledger

2. Management Reports

• Compiling of profit and loss account and balance sheet
• Generating aged financial analysis of debtors and creditors
• Business advisory services such as accounting reports and preparation of business plans
• Budget preparation and comparison and analysis of key components of financial performance

3. Statutory Accounting

• Preparation of financial statements
• Preparation of consolidated financial statements which includes the consolidated cash flow statement, consolidated statement of changes in equity and notes to the financial statements in compliance with the Financial Reporting Standards (FRS)
• Review and computation of tax and deferred tax provisions for inclusion into financial statements
• Re-measuring accounts to functional currency
• Completing consolidation and head office reporting packages

Luther Corporate Services supports a diverse portfolio of clients ranging from small and medium-sized enterprises to multinational corporations with cash, fund & payment administration services. For smaller businesses where segregation of duties is an issue our service functions as an additional internal control with regards to company fund spending.

• Administration of cash funds deposited with us or in client’s own bank accounts
• Cash forecasting and processing of accounts receivables
• Account signatory services to enable settlement of company payment obligations e.g. to suppliers, for payroll, for employee expense reimbursements
• Issue payment vouchers and prepare cheques
• Mailing of signed cheques to payees or remittance of funds by telegraphic transfer

We provide the complete range of corporate secretarial services to both large and small companies in Singapore.

1. Provision of personnel to assume statutory positions

• Company secretary
• Statutory agent
• Nominee director
• Nominee shareholder
• Nominee manager

2. General Services to ensure statutory compliance

• Advice on best practice and corporate governance and compliance with the Singapore Companies Act
• Setting up statutory books and registers
• Custody and maintenance of statutory books and registers
• Custody of common seal
• Preparing and lodging all prescribed forms and requisite documents with the Accounting and Corporate Regulatory Authority (ACRA)
• Preparation of accounts in XBRL format incl. lodging with ACRA
• Preparation of notices, minutes, and other documents pertaining to directors’ and shareholders’ meetings (Annual General Meeting and Extraordinary General Meeting)
• Managing changes in a company's structure:
  • Change of name
  • Change in constitutional documents
  • Change in capital structure (transfer of shares, new issuance of shares, repurchase of shares)
  • Change of shareholders
  • Change of directors, managers, auditors and company secretaries
  • Change of registered office address
• Provision of registered office/correspondence address including mail forwarding
• Opening of bank accounts and managing changes to bank signatories
• Corporate restructuring, e.g. amalgamations

We offer expertise in the dissolution of entities and provide advice on the most suitable mode of deregistration. These services include:

• Preparation and filing of all necessary documents for the voluntary winding-up of an entity
• Arranging dormancy of legal entities and cessation of business
• Handling deregistration/striking-off of entities

At Luther Corporate Services we offer full outsourcing services for the management of payroll, personnel data and employee benefits. We can assist through tailor-made solutions to meet specific client requirements.

Our services include the following:

• Processing employee expense claims including payment
• Computation of net salary
• Computation of Central Provident Fund (CPF) contributions
• Providing payroll reports & financial journals
• Handling payment of net salary and CPF via our client trust account, including deposit of net pay into employee’s bank accounts and issuance of confidential pay slips
• Preparing year-end IR8A and IR8S
• Preparing IR21 and other payroll related forms
• Ensuring compliance with all reporting requirements of the Inland Revenue Authority of Singapore (IRAS) and CPF in Singapore
• Administration of share option schemes

We provide fast and efficient service for the formation and registration of a company or other legal entity in Singapore, whether in the form of a private limited company, partnership, limited liability partnership, limited partnership, branch or representative office. Our services include:

• Advising on the type of entity to be established or registered and the optimal corporate & tax structure
• Preparation of Memorandum and Articles of Association, partnership agreements and other constitutional documents
• Registration of private/public companies
• Registration of foreign companies (“Branch Offices“)
• Registration of sole proprietorships and partnerships
• Registration (and renewal) of representative offices (“Rep Offices”)

Our corporate and individual tax compliance services include:

• GST registration and preparation and submission of quarterly GST returns
• Preparation and filing of corporate tax returns including tax calculation with tax authorities
• Preparation and filing of individual tax returns and tax computation with tax authorities
• Advising on Double Taxation Agreements (DTAS)
• Advising on withholding tax issues, preparation and filing of withholding tax returns including claims for double taxation relief
• Advising on complex and international tax structures
• Negotiations with the Internal Revenue Authority of Singapore (IRAS) regarding individual or corporate tax issues
• Dealing with stamp duty payments and stamp duty relief