Are you considering to manufacture in Southeast Asia? Setting up processes and operations requires a well-thought-out plan and a lot of complex administration. You have to comply with all the laws in a different culture and in a foreign language. This takes a lot of time and energy and needs to be done perfectly because the rules are very strict. Preparation is key!
Derks. Inc. knows the way. We follow all laws, rules & regulations meticulously and do not take or accept any short cuts. So we can take care of on-time deliveries, proper documentation and settle tax obligations (and tax exemptions if possible). Your and our reputation are of the upmost importance to us. We work according to a mutually defined ’Scope of Works’ (SOW), compliance has our highest priority.
We prepare your logistics requirements in the best way possible. We handle the entire import and export processes, inspections, quality control and liaise closely with you at all times.
Engaging a highly skilled workforce gives you outstanding results according to your expectations. Labour conditions are in line with the highest standards, meaning we provide good remuneration packages, healthcare insurance, protective personal equipment and a standard workweek.
We select the best warehouses in the region, bonded and regular. If required, temperature and humidity control can be included. A safe storage with security, photos and reports on a regular basis as if you are virtually there. We will be with you every step of the way and will regard your inventory as if it is our own. It is possible that we take ownership of the cargo, for example in order to be compliant with the applicable tax regime.
Our job is to take care of all the required administration and logistics so you can focus on your business and a successful introduction in the ASEAN community.
The shift to a more cost efficient Southeast Asia
There are multiple touch points and interactions why companies are increasingly pivoting some of their business operation activities to Southeast Asia. Being more cost efficient is one of the main reasons for this shift. As in some areas in Asia the cost of manufacturing – labour and production costs – has risen steadily over the past decade. Products can possibly be manufactured more efficiently in places like Vietnam or Thailand; Cambodia and Laos are on the horizon as alternative locations.
Sustainable production
The country of choice also depends on the industry, which ranges from electronic devices and components manufacturers to garment and textile companies to manufacturers of renewable energy-related components such as solar modules. With the emergence of for example Vietnam as a viable manufacturing base, the ASEAN area has the infrastructure to encourage companies from all over the world to shift parts of their production to Vietnam, Thailand, Indonesia and Malaysia.
Presence in Singapore
The reasons for companies to establish a presence in Singapore are either to access the domestic market or to serve as an ASEAN hub. For companies from any location, there has always been this need to diversify a company’s manufacturing base at some stage. In Singapore we see the indirect effect of these supply chain shifts. Once companies move to places like Vietnam or Thailand, they often need a regional treasury in this part of the world. Singapore is frequently chosen to take on the role of regional treasury and invoicing center, providing funding and regional cash management services.
Derks Inc. headquarters your home base
From our HQ in Vietnam, Derks Inc. can facilitate your manufacturing or production processes in Southeast Asia, so our clients can focus for 100% on the production/ manufacturing processes. We take care of accounting, currency exchange rates, facilities, human resources, legal & tax structures, logistics, permits, proper & secure locations, storage, quality control/ quality assurance, waste treatment and all what comes into play when outsourcing production or manufacturing.