Singapore remains a popular destination for foreign companies, especially in the marine, shipping and offshore engineering sector. Despite volatile market demands and the cyclical nature of the industry, the marine industry continues to enjoy many attractive incentives. Singapore is one of the few countries to offer favourable tax treatment, financial incentives, manpower development programs and R&D schemes. Combined with growing domestic consumer demand in Asia and the increasing costs of operating in the west, this industry offers future growth potential.

Over the past 35 years our professionals have developed a strong track record in assisting clients in managing the challenges faced within the marine industry. Our experience enables us to understand the key drivers in the industry and to provide businesses with a high-quality tailored approach, meeting financial reporting requirements and helping clients to adjust to the changing regulatory environment.

Our clientele for the industry comprises ship owners, managers, charterers, brokers, suppliers; and marine and offshore engineering companies supplying hardware and services to the oil and gas industry.

Please contact:

Michael Heng

Managing Partner

Malcolm Heng

Audit Partner