UK ⇆ Singapore Shipping Rates

UK ⇆ Singapore
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DFS Worldwide is a specialised shipping company renowned for its exceptional services to Far East destinations, including Singapore. With a commitment to providing reliable and efficient logistics solutions, we offer competitive rates that cater to businesses of all sizes looking to expand their reach into these vital markets.

Air Freight: Heathrow to Singapore

AOD	100 kg	300 kg	500 kg
Singapore (SIN)	£1.38	£1.29	£1.21

• AOL: London Heathrow Airport
• Delivery of cargo can vary from 3 - 7 working days form Door to airport

* Documentation surcharge applies to any shipping to Singapore.
* For an accurate price, please use our online quotation form above and provide detailed information about your shipment requirement to Singapore.

Sea Freight

Singapore port is among the busiest and most efficient in the world, equipped with state-of-the-art facilities they handle large volumes of cargo with remarkable efficiency and speed. Located at the crossroads of major shipping routes, Singapore serves as a global trade hub. It’s strategic position In Southeast Asia ensures efficient and timely delivery of goods to the UK. We have an import team dedicated to providing competitive pricing and a seamless service start to finish.

FCL Container Rates

Singapore	20ft container	40ft container
Singapore sea port	£605	£765

LCL Container Rates

LCL shipping from our Warehouse in Feltham TW14 post code to Singapore ports

Total Volume *	Singapore
1 CBM	£133
5 CBM	£320
10 CBM	£395

LCL - SINGAPORE TO UK

 

POL	OCF, THC, Docs, Delivery	TT
Singapore	GBP 171	35

• POD Felixstowe or Southampton
• Minimum: 2 CBM
• Ratio: W/M
• Cost includes: OCF, THC, Docs and Delivery
• Port to door service

Welcome to our LCL services
At DFS Worldwide, we understand that not all shipments require a full container. That's why we offer comprehensive Less than Container Load (LCL) services to accommodate your smaller shipments with the same level of care and efficiency as our full container services.

What is LCL Shipping
LCL shipping is a cost-effective solution for businesses or individuals who don't have enough cargo to fill an entire container. With LCL, your goods share container space with other shipments headed to the same destination. This allows you to pay only for the space you need, making it an ideal option for smaller shipments.

Why Choose Our LCL Services?
1. We can offer door-to-door services from Singapore to the UK using a range of reliable carriers.
2. All-in port-to-door rates can be obtained directly from the website for standard cargo meaning you have access to instant rates, alternatively you can speak to the sales team for the same competitive rates or anything outside of ‘standard’ cargo.
3. We offer regular, frequent sailings to Felixstowe and Southampton ensuring your cargo is on a quick and efficient service. 
4. We can arrange customs clearance on your behalf at the major seaports in the UK.

For Customers
Are you a small business owner looking to ship goods internationally? Or an individual relocating to a new country? Our LCL services are tailored to meet your unique shipping needs. With flexible scheduling options and personalized support, we make the shipping process hassle-free, allowing you to focus on what matters most – your business or your move.

For Freight Forwarding Partners
Looking for a reliable partner to handle your LCL shipments? Partner with us and gain access to our extensive network, cutting-edge technology, and dedicated support team. Whether you need assistance with consolidation, documentation, or transportation, we have the expertise and resources to streamline your LCL operations and help you deliver exceptional service to your clients.

Contact Us Today
Ready to experience the benefits of our LCL services? Get in touch with us today to learn more about our rates and how we can customize a shipping solution to meet your needs. Whether you're shipping a small package or a large cargo, we're here to help you navigate the complexities of international logistics with ease.

For door-to-door rates please contact us.

Exporting to Singapore

Doing business in Singapore: Singapore trade and export guide

1. Singapore export overview

Singapore is a small, but wealthy city-state with an open and trade driven economy. It’s a leading global business hub, located where the major east and west shipping lanes converge.

Singapore has a stable government, strong rule of law and effective regulatory system. It is ranked by the World Bank as the easiest place in the world to start, run and do business. You can set up a new business in a matter of hours.

It’s a financial, shipping and trade hub for the Asia Pacific region, and the government has a pro-business economic and trade policy.

Over 1,000 British companies have a presence in Singapore, and 30,000 British residents live there.

Benefits to UK businesses exporting to Singapore include:

• free flow of goods and capital
• current exchange rate makes UK products and services attractive
• common language and strong historical ties
• similar business and legal practices
• similar technical standards
• close to major Asia Pacific economies
• UK’s largest trade partner in south east Asia

Strengths of the Singapore market include:

• 50% of the world’s population within 6 hours flight
• fourth largest global financial centre
• Asia’s only AAA credit rating from all 3 agencies
• Asia’s strongest Intellectual Property (IP) protection
• highly skilled and educated local population
• low corruption and strong rule of law
• excellent infrastructure and transport connectivity

2. Challenges

The main challenges of doing business in Singapore are due to the size of the country and population.

Specific challenges include:

• 8 hour time difference with the UK
• can be expensive place to do business
• widening income inequality has led to some anti-foreigner sentiment
• tighter foreign worker restrictions including quotas
• very open economy which makes it vulnerable to global economic downturns
• restrictions on expansion in retail banking and licences for the legal sector

3. Growth potential

As one of the world’s most open economies Singapore is a indicator of global trade. Growth slowed in 2015 to 2% from 2.9% in 2014 mainly due to sluggish trade with China.

The International Monetary Fund (IMF) predicts growth of 2.9% in 2016. Challenging conditions are likely to persist and growth of 1 to 3% annually is forecast over the medium term.

Singapore is the second most densely populated country in the world with one-third of the population made up of foreign workers and residents. It’s economy:

• is the 36th largest in the world
• is vulnerable to external shocks
• has per capita income of USD 56,000, the highest in Asia Pacific and higher than most developed countries including the UK

Singapore is currently restructuring its economy to:

• reduce its dependence on imported labour
• improve productivity

This move towards knowledge-driven, high-value and creative businesses offers huge opportunities for UK businesses with expertise in these areas.

3.1 Association of South East Asian Nations (ASEAN)

ASEAN is an increasingly important economic region which is:

• made up of 620 million residents
• predicted to become the fourth largest single market by 2030
• expected to add 200 million residents to the middle class

Singapore is ASEAN’s most developed economy and regional trade and finance hub. It’s a natural starting point and gateway into the region.

Many of the UK’s largest companies operate their regional businesses from Singapore. They include Barclays, BP, GSK, HSBC, PWC, Rolls-Royce, Standard Chartered, Shell, Tate and Lyle and Unilever.

3.2 Free Trade Agreements and partnerships

Singapore has 20 regional and bilateral Free Trade Agreements (FTAs) with 32 trading partners, covering the majority of its trade. It is a member of the Trans-Pacific Partnership.

The European Union (EU)-Singapore FTA concluded in October 2014:

• will be the EU’s first in south east Asia
• awaits finalisation due to EU Commission’s request for a European Court of Justice opinion on whether it needs to be ratified by all member states
• when implemented will make it easier for UK companies to access opportunities in government procurement and services sectors

4. UK and Singapore trade

Singapore accounts for half of UK exports to ASEAN, worth £5.6 billion in 2014, although some will be re-exported elsewhere. It is one of our largest trading partners in Asia and one of the few countries with which the UK has a trade surplus.

The top 10 exports from UK to Singapore are:

• machinery and transport equipment
• business services
• financial and insurance services
• miscellaneous manufactured articles
• transport services
• chemicals
• food and beverages
• manufactured goods
• travel services
• intellectual property

The UK is the largest EU investor into Singapore (on par with the Netherlands). It’s the fifth largest total source of foreign direct investment (FDI) into Singapore with investments worth over £30 billion at the end of 2014.

Half of Singapore’s FDI into the EU goes to the UK, including some significant investments in infrastructure.

5. Opportunities for UK businesses in Singapore

Department for International Trade (DIT) provides free international export sales leads from its worldwide network. Search for export opportunities.

5.1 Transport and infrastructure

There is a strong construction demand from:

• public housing developments
• institutional building
• civil engineering projects

Rail

Singapore’s Land Transport Authority (LTA) is overseeing the doubling of the Mass Rapid Transit (MRT) network to 360km by 2030. There will also be major renewal projects for older lines on the MRT. Up to 2020 it will tender for the design and construction of the:

• 13km underground Thomson-East Coast Line (9 stations, ‘4-in-1’ depot for 220 trains for 3 MRT lines and 500 buses)
• 20km Jurong Region Line
• 50km Cross Island Line
• extensions to the Downtown Line, Circle Line, and North East Line
• rapid transit link to Johor Bahru in Malaysia (request for information (RFI) closes 18 November 2015)

Airports

Plans aim to boost Changi’s capacity by building:

• an expanded terminal 1 and Project Jewel by 2018
• a new terminal 4 to replace the Budget Terminal by 2017
• extra aircraft stands south of terminal 3 for T4
• a new 3rd runway and new mega terminal 5

Ports

The relocation of Singapore’s transshipment port operations will nearly double capacity by 2024. This will open up extremely high value opportunities for UK businesses. The port leases at Tanjong Pagar, Keppel and Brani will end in 2027.

5.2 Financial and professional services

The financial and professional services sector currently makes up about a quarter of Singapore’s GDP. There is a substantial UK presence in this sector.

There are opportunities for companies in:

• foreign exchange
• trading
• asset and wealth management
• insurance and reinsurance
• arbitration
• consulting services

5.3 ICT

Singapore’s Smart Nation initiative aims to rally relevant individuals and organistions to co-create innovative solutions related to living, transport and healthcare. It will harness technology to improve the lives of citizens, create more opportunities and build stronger communities.

Infrastructure investment is expected to grow by 50% to about £15 billion.

Current projects on trial include:

• a 6 kilometre test route for autonomous vehicles (AV)
• smart technologies test-bed for car parks, lighting and waste management
• mobile applications to facilitate communication between the public and providers of public services

There are opportunities in UK companies (including start-ups) who have solutions especially relating to:

• mobility
• living (ageing)
• cyber security

5.4 Creative industries

Singapore’s government has recognised the Creative Industries as a vital component in enhancing Singapore’s economy. Its Creative Industries Development Strategy aims to develop a creative economy.

There are 3 areas of opportunity for UK companies in terms of partnership and supply of expertise:

• experience economy, including conceptual design and innovative technology to enhance local and international tourist attractions in terms of storytelling and content
• media, to make Singapore a regional hub for south east Asia digital media, co-production and content creation
• design, specifically environmental design, industrial, product and fashion design, advertising and visual communications design and software design

5.5 Biomedical sciences and healthcare

There is a strong drive to grow Singapore’s capabilities in biomedical sciences sector (BMS) research. There is a focus on R&D, clinical trials, and commercialisation, supported by a high level of IP protection and industry standards.

Leading pharmaceutical companies have multiple manufacturing sites in Singapore with opportunities for supporting products and services.

Singapore’s healthcare system is ranked the sixth most effective in the world and it remains keen to enhance its position as the regional hub for medical excellence.

The aging population has increased the need for acute care hospitals and long-term care services. Hospitals regularly test and introduce new medical technologies. This gives UK companies with innovative products an opportunity to work with hospitals to research and introduce their products into the market.

5.6 Education and training

Singapore aims to sustain its economic growth through higher skills and innovation.

Singapore’s focus on the SkillsFuture programme means that Singapore is projected to nearly double spending on continuing education and training to over S$1 billion (£477 million) per year.

There are opportunities for UK businesses in the areas of:

• preschool / early childhood education
• adult learning
• educational technology solutions
• degree partnerships / collaborations with private educational institutes

5.7 Energy and environment

Singapore is Asia’s leading oil trading hub. It has extensive oil storage facilities and is seeking to increase its refining capacity.

The clean energy sector is also an increasingly important area for Singapore.

Singapore is recognised as a ‘Global Hydrohub’ with about 180 water companies. It’s an ideal springboard for environmental and water companies looking to serve the region.

There are opportunities for UK business in the areas of:

• smart grids and renewable energy technologies such as solar photovoltaic (PV)
• deep tunnel sewerage systems
• water desalination projects
• civil works

6. Start-up considerations

All businesses must be registered with the Accounting and Regulatory Authority of Singapore (ACRA). The process is very simple and can be completed online.

The 3 most common types of company are a:

• foreign registered branch which is not a separate legal entity where liabilities extend to parent company
• representative office which may only conduct market research or coordinating activities
• private limited company which is a distinct legal entity with limited liability

Registration time varies from 1 to 5 days depending on the business structure you choose.

Before you can start a business in Singapore you:

• must be at least 18 years of age
• must not be an undischarged bankrupt
• must not be disqualified under sections149,149A or 154 of the Companies Act
• will need to apply for an EntrePass from the Ministry of Manpower (MOM) to be actively involved in managing company operations

Contact the Department for International Trade (DIT) team in Singapore for information on legal and accounting professionals who can give advice to British businesses looking to set up in Singapore.

Many companies engage local agents and distributors as an effective route to market.

Franchising is a well tried option and a number of UK brands have a presence in Singapore including Marks & Spencers and New Look.

7. Legal considerations

The legal system in Singapore is very sophisticated and is based almost entirely on British common law between the 1820s and 1970s.

Singapore benefits from:

• extensive legislative framework
• reliable courts and dispute resolution
• low levels of corruption
• being consistently rated as the best place in Asia for IP rights protection

Company law in Singapore is very similar to that in the UK. There is no restriction on the type of business that may be set up. However in some sectors businesses may have to apply for special licenses from specific government departments in order to do business.

These include the:

• Monetary Authority of Singapore
• Ministry of Law
• Ministry of Health
• Infocomm Development Authority of Singapore
• Media Development Authority
• Agri-Food and Veterinary Authority of Singapore
• Hotels Licensing Board

Non-residents must hold a valid employment pass (EP) before they can work in Singapore. On average, it takes less than 2 weeks to get employment passes for foreign staff. The Ministry of Manpower website provides full details of all employment passes, as well as dependency passes for family members.

7.1 Standards and technical regulations

The Consumer Protection (Safety Requirements) Regulations (CGSR) protect consumers from unsafe products.

SPRING Singapore acts as the safety authority to ensure the safety of 45 categories of household electrical, electronic and gas products. These products are classed as controlled goods and suppliers must register them with SPRING before putting them up for sale.

Packing and labelling of:

• food products is governed by the Sale of Food Act
• medicines and cosmetics is regulated by the Medicines Act

Contact the Agri-Food & Veterinary Authority of Singapore (AVA) for detailed guidelines on food labelling.

Contact the Heath Sciences Authority for information on medicines and cosmetics.

7.2 Intellectual property (IP)

Singapore’s IP regime has been consistently recognised as the best in Asia and one of the best in the world by international surveys including:

• World Economic Forum’s Global Competitiveness Report
• the Property Rights Alliance’s International Property Rights Index
• Taylor Wessing’s Global IP Index

It has extensive programmes to develop its IP infrastructure and ecosystem and aims to become the IP hub of Asia. According to the Global Innovation Index 2015, Singapore is also Asia’s most innovative country.

The Intellectual Property Office of Singapore has full information on legislation and filing requirements.

8. Tax and customs considerations

Singapore offers a low tax environment for businesses.

8.1 Sales tax

The Goods and Services Tax (GST) is 7%.

8.2 Company tax

The corporate tax rate is 17%.

Find details of Withholding Tax and the Productivity and Innovation Credit (PIC) on the Inland Revenue Authority of Singapore’s website.

There are also financial incentives for new businesses that meet qualifying conditions. Companies can claim:

• for tax exemption on the first S$100,000 (about £50,000) of normal chargeable income for each of its first 3 years of assessment
• a further 50% exemption on the next S$200,000 of normal chargeable income for each of the consecutive years of assessment
• a 50% corporate income tax rebate, subject to a cap of S$20,000 per year of assessment for 2016 and 2017

8.3 Income tax

The individual tax rate is tiered between 0 and 20%. The top rate of tax will increase to 22% in 2017.

8.4 Customs

Import and export permits are required by Singapore customs.

Singapore generally operates a free trade regime and more than 99% of imports are duty free. The only exception is on 6 lines of alcoholic beverages, but these will be minimised once the EU-Singapore FTA comes into force.

8.5 Documentation

Trade documents are handled electronically through Tradexchange, an electronic data interchange system implemented by Singapore customs.

For import of all goods, including controlled and non-controlled items, businesses are required to:

• obtain an IN permit through TradeNet
• pay the duty or GST due at time of importation

9. Business behaviour

Singapore is in some ways more conservative than the UK.

It is important to:

• address people formally
• exchange name cards at the first meeting