Tax
Asia-Pacific Guide 2025 : Singapore
Band 3
About
Provided by WTS Taxise
The practice is best known for providing highly specialised international tax, indirect tax and transfer pricing advisory services to multinationals. Involved in significant global value chain, financing and M&A transactions, the team works with clients to develop and implement their global tax strategies. The firm has advised:
- a Fortune 500 semi-conductor equipment company on the indirect tax, customs and export controls aspects of the establishment of their global manufacturing facility and global principal entity in an ASEAN country.
- a technology company headquartered in Singapore on their global value chain structuring covering countries in Asia and Europe.
- a French technology company on the restructuring of their tax model to reshore their principal entity to France and recharacterise their Asian manufacturing and distribution entities as regional entrepreneurial or routine entities.
- a U.S. fabless semiconductor company on the transfer of fixed assets and inventory in China, Hong Kong, Indonesia, Malaysia, South Korea and Thailand as part of a global divestiture of a business unit valued at USD2.75 bn.
- a U.S. headquartered global Fortune 500 technology company on their tax and trade issues around the structuring of their APAC warranty and repair programme.
- numerous investment funds and family offices on tax aspects of their fund formation, including assistance with obtaining fund incentives from the Monetary Authority of Singapore.
Chambers Review
WTS Taxise is a capable tax law boutique in Singapore which is notable for its expertise in international trade taxation and transfer pricing. The firm fields a strong team with a wide range of backgrounds, including individuals who have worked for international law firms, major accounting firms and the Inland Revenue Authority. The team regularly advises on tax issues concerning permanent establishment and transfer pricing.
Strengths
Provided by Chambers
"We worked with several different members of the WTS Taxise team and each was very solid technically. Their wide range of experience supported our company's broad need for advice."
"WTS Taxise also provides a lot of additional smaller-scale webinars or meetings, which is great."
"We worked with several different members of the WTS Taxise team and each was very solid technically. Their wide range of experience supported our company's broad need for advice."
"WTS Taxise also provides a lot of additional smaller-scale webinars or meetings, which is great."
Notable Practitioners
Eugene Lim is the co-founder of WTS Taxise, with a strong reputation for international tax and trade matters. He advises on the tax structuring of investments and transfer pricing.
"Eugene is excellent in terms of technical knowledge, service and quality of deliverables. Him and the WTS Taxise team are excellent to work with."
"Eugene is great. He has this business-oriented approach which makes him stand out. He makes sure to explain the law and how it impacts us."
Ranked Lawyers at
WTS Taxise
Singapore
Industries
Provided by WTS Taxise
Accounting
Consumer goods & services
Financial services
Healthcare
Industrials
Investment management
Life Sciences
Pharmaceuticals
Real estate
Shipping
Technology, media & telecoms