Singapore has become more costly than Hong Kong for many products that are manufactured in China and other countries. GST adds 7% to the cost of buying a product in Singapore (and Hong Kong has no GST) but imposes an additional cost due to compliance. Here is a way to reduce the compliance cost and make Singapore businesses more competitive.
http://tankinlian.com/admin/file.aspx?id=617
http://tankinlian.com/admin/file.aspx?id=617
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