
There are many good reasons for industry players to start their Gold business here in Singapore:
No GST on Investment Precious Metals (IPM)
Click here to view more information about IPMApproved Refiners and Approved Consolidators enjoy certain benefits including GST suspension on qualifying imports and additional input tax benefits. (ARCS)
Click here to view more information about ARCSWorld-class physical infrastructure
- Refineries
- Vaulting
- Secured Logistics
- Bullion banks (market makers)
- Liquidity Providers
Strong Governmental Support
World-class financial infrastructure: Singapore is the only AAA-rated country in ASEAN
Well-regulated banking system
Wealth management hub
Open market
Transparency
Politically stable with strong rule of law
Benefit of English as a common language
Good access to ASEAN markets, India and China
Fill the time and liquidity gap between the United States and London
SBMA can help to open the door to Gold market in Singapore