As a corporate group grows and expands globally, business considerations become increasingly complex. The treasury function of the corporate group becomes one of the key areas that must be looked at to ensure efficient management of its funds. Centralising the treasury function by establishing a Global Treasury Centre or multiple Regional Treasury Centres help businesses enhance cash management efficiency, improve governance and achieve economies of scale.
With the collaborative effort put forth by RSM Singapore, United Overseas Bank Limited, Rajah & Tann Singapore LLP and Deacons, we bring you the Guide on “Building a Treasury Centre for Sustainable Growth” that will assist businesses that intend to set up Regional Treasury Centres in Asia get acquittanced with the relevant economic, tax and legal issues in Singapore and Hong Kong SAR, and the significance of the location of the Regional Treasury Centre with reference to their business operations in some of the ASEAN countries.
For more information, click here for the English version of the Guide, and here for the Chinese version.
