Collaboration | Luma Insight

Connect Your Business to Opportunities Across South East Asia

Expanding into international markets offers significant growth opportunities for Singaporean businesses. To facilitate this process, the Singapore government provides the Market Readiness Assistance (MRA) Grant, which supports companies in their overseas ventures by defraying costs related to market promotion, business development, and setup.

Market Entry Made Easy

Business Formation & Setup

Services focused on establishing and formalizing your business, including company incorporation and securing necessary licenses to operate legally in your chosen industry or jurisdiction.

Legal & Intellectual Property

Specialized assistance in protecting your business assets through intellectual property registration and ensuring legally sound operations by drafting tailored legal agreements.

Tax & Financial Advisory

Expert guidance on optimizing your tax strategy, structuring your finances efficiently, and ensuring compliance with local and international tax regulations.

Compliance & Advisory Services

Comprehensive support in meeting regulatory requirements, maintaining corporate governance standards, and navigating complex compliance landscapes with confidence.

Our Market Entry Services

Business Formation & Setup

Incorporation

Streamline the process of establishing your company with expert assistance in entity registration, ensuring compliance with all local regulations and formalities.

Business Licensing

Navigate the requirements for obtaining the necessary licenses and permits to operate legally in your specific industry or jurisdiction.

Legal & Intellectual Property

IP Registration

Safeguard your business’s intellectual assets by registering trademarks, copyrights, or patents, ensuring your brand and innovations are protected.

Drafting of Legal Agreements

Receive professionally crafted legal documents tailored to your business needs, including contracts, partnership agreements, and service-level agreements.

Tax & Financial Advisory

Tax Structuring

Optimize your company’s tax obligations with strategic planning and structuring, designed to maximize efficiency while ensuring full compliance with local and international tax laws.

Compliance & Advisory Services

Compliance Advisory

Ensure your business adheres to regulatory requirements with expert guidance on corporate governance, risk management, and regulatory reporting.

The Five Phases of Your Business Expansion

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Phase 2: Identify Business Requirements

Equity Policy and Foreign Investment
Wholly foreign owned entities, joint-ventures or partnership between local and foreign investors.

Regulatory Approval and Licensing
Secure regulatory approval and licensing for seamless business operations.

Promoted Activities and Tax Incentives
Understand endorsed activities and eligible products for potential tax incentives.

Location Scouting and Market Rate of Business Space
Office space for a startup, industrial parks for your factory, or warehousing in economic zones, decide which works for you.

Feasibility Studies
Conduct detailed feasibility studies, encompassing cost modelling, breakeven forecast, and profit and loss forecast for strategic market entry decisions.

Registration of Business Entity
Companies doing business must register with local authorities.

Intellectual Property Regulations and Protection
Protect intellectual property and align company IP strategies for effective protection.

Taxation
Earnings are liable to income tax; explore the taxation obligations.

Employment Law & Conditions of Employment
Understand employment law and conditions, ensuring legal compliance and fostering necessary work environments.

Wage Rate
Determine competitive salary rates, aiding in informed compensation decisions for your organization.

Statutory Contributions
Make statutory social security contributions, ensuring compliance and seamless financial processes.

Annual Review
Companies that seek continue, grow or diversify their operations will continue to receive Luma’s dedicated services.

Business Development
Tap on in-market experts to promote & grow your brand through business development activities.

Guides

  • Step-by-Step Guide to Setting Up a Wholesale, Retail, or Trade Business in Malaysia

    Step-by-Step Guide to Setting Up a Wholesale, Retail, or Trade Business in Malaysia

    Learn how to navigate business registration, licensing, and compliance with Malaysian laws to establish your wholesale, retail, or trade venture. This comprehensive guide provides detailed, actionable steps—from SSM registration to securing activity-specific licenses—ensuring a smooth and successful market entry.

  • Expansion Guide Series: Franchising Your Business in Malaysia

    Expansion Guide Series: Franchising Your Business in Malaysia

    Franchising your business in Malaysia is a strategic way to expand with minimal investment, but it requires proper registration, business matching, and compliance with local regulations. Luma Insight provides end-to-end franchising support, from structuring your franchise model to licensing and scaling across Malaysia.

  • Why Entrepreneurs Should Start Businesses in Johor Using the JS-SEZ

    Why Entrepreneurs Should Start Businesses in Johor Using the JS-SEZ

    The Johor-Singapore Special Economic Zone (JS-SEZ) offers low costs, strong connectivity, and government incentives, making Johor a strategic business hub in 2024. With tax breaks, streamlined regulations, and a skilled workforce, it’s an ideal base for businesses in manufacturing, tech, and retail seeking regional growth.