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Disclaimer

This Regional Treasury Centre (RTC) booklet is designed to provide businesses with an overview of RTC
functions and a comparison of selected locations (Singapore, Hong Kong and Thailand) in relation to relevant
economic, tax and legal factors. This information is provided with the intention that the authors do not offer any
legal, accounting, regulatory, tax, financial or other professional advice. In the case of a need for any such expertise,
please consult the appropriate professional. This is not an exhaustive guide on the subject and was not created to
be specific to any individual’s or organisation’s circumstance or needs.
While the information in this booklet is accurate to the authors’ knowledge and belief at the time of writing,
it is only intended to serve as a general guide to the subject matter, and should not be treated as a substitute
for specific professional advice.
This booklet contains information that is based on certain assumptions and analysis of known data as well as
reflects prevailing conditions as at November 2017, all of which are subject to change at any time without notice.
The authors make no representation or warranty, whether express or implied, with regard to the accuracy or
completeness of the information contained in this booklet and shall bear no liability or responsibility to any
person(s) or entity regarding any loss or damage incurred, or alleged to have been incurred, directly or indirectly,
by the reliance on information contained in this booklet, and shall not be responsible for any errors, inaccuracies
or omissions.

Copyright Notice

The contents of this publication are owned by RSM Chio Lim LLP, United Overseas Bank Limited and Rajah & Tann
Singapore LLP, and subject to copyright protection under the laws of Singapore and, through international treaties,
other countries. No part of this publication may be reproduced, licensed, sold, published, modified, adapted,
stored in a retrieval system, publicly displayed, broadcast or transmitted in any form or by any means, electronic,
mechanical, photocopying, recording, or otherwise without prior written permission of the authors or a licence
permitting restricted copying.
Copyright © RSM Chio Lim LLP, United Overseas Bank Limited and Rajah & Tann Singapore LLP 2017.
All rights reserved.

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