Market Readiness Assistance

Crafting Your Roadmap to Success

The Market Readiness Assistance (MRA) Grant offers a significant opportunity for Singapore SMEs to explore and enter new international markets, expanding their global presence.

Partnering with 360 Advisory Consultant can greatly enhance your chances of securing the grant by ensuring that all application requirements are met and the process is handled with precision, unlocking valuable opportunities for growth.

Eligibility Criteria

Business entity is registered and operating in Singapore
At least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
New to target overseas market. The company’s annual sales in the target market must not have exceeded S$100,000 in any of the preceding three years
Group Annual Sales Turnover not exceeding S$100 million OR a Group employment size not exceeding 200 employees

What’s Include In Business Matching?

Business Matching is a specialized service we offer at 360 Advisory, designed to help companies identify and connect with suitable business partners in international markets. This service is invaluable for businesses looking to expand overseas by forming strategic alliances, joint ventures, or distribution partnerships.

Partner Identification: We conduct in-depth research to identify potential business partners in your target market, ensuring that they align with your business goals, industry, and operational needs.
Due Diligence: We perform a thorough vetting process to assess the credibility, reliability, and potential of each partner, helping you avoid costly missteps.
Facilitated Introductions: Once suitable partners are identified, we arrange introductions and facilitate communication, ensuring a seamless initial engagement.
Negotiation Support: We offer assistance throughout the negotiation process, helping you establish favorable terms that protect your interests and foster long-term success.

Why Choose Us for Business Matching?

Extensive Network: Leveraging our vast network of industry contacts and market insights, we can identify the right partners faster and more accurately
Tailored Matches: We ensure that every partner we recommend meets your specific criteria, reducing the time and effort involved in finding qualified partners.
Cultural and Market Expertise: Our team has in-depth knowledge of various international markets and cultural nuances, helping you navigate any potential challenges in cross-border collaborations.
Increased Success Rate: With our guidance, you significantly increase the chances of forming valuable partnerships that can accelerate your entry into new markets and maximize your return on investment.

What’s Include In Market Set-Up?

Market Set-up is a comprehensive service offered by 360 Advisory to assist businesses in establishing a strong presence in foreign markets. Whether you’re looking to incorporate a subsidiary, set up a branch office, or create a local entity, we provide expert guidance and support through every step of the process, ensuring compliance with local regulations and minimizing operational risks.

Company Incorporation: We handle the process of registering your business entity in the target country, ensuring compliance with local laws and regulations.
Legal and Regulatory Compliance: Our team ensures that your business meets all necessary legal requirements, including licenses, permits, tax registrations, and employment laws.
Local Office and Staffing Solutions: We assist in finding suitable office spaces and provide recruitment support for building your local team, from key management roles to operational staff.
Banking and Financial Set-up: We facilitate the opening of corporate bank accounts, ensuring smooth transactions, and provide support for setting up accounting systems that align with local financial regulations.
Tax and Financial Advisory: We provide strategic tax planning and financial advisory services to help optimize your tax position and ensure financial compliance in the new market.
Cultural and Market Orientation: We offer market insights and cultural training to help your team understand the local business environment, making it easier to adapt and operate efficiently.

Why Choose Us for Market Set-Up?

End-to-End Support: From the initial planning phase to the successful launch of your operations, we provide a fully integrated solution that covers every aspect of market entry.
Expert Knowledge: With years of experience and a deep understanding of international markets, we help you navigate complex regulatory environments and avoid common pitfalls.
Streamlined Process: We simplify the often complicated and time-consuming set-up procedures, enabling you to focus on core business activities while we manage the administrative and legal details.
Local Market Expertise: Our team has extensive knowledge of local business practices and market dynamics, giving you the insights you need to make informed decisions and succeed in a competitive environment.
Tailored Solutions: Every market and business is different, which is why we tailor our services to your specific needs, ensuring a smooth and effective set-up that supports your long-term goals.