【新加坡公司注册小知识】新加坡法律和会计服务行业的发展前景！

Singapore is in a strong position to become a trusted global exchange for financing, brokering, structuring and dispute resolution for international commercial transactions.

The Working Group on Legal and Accounting Services has identified nine high growth practice areas which can help drive demand for Singapore’s legal and accounting services.

There is potential to capture international demand for legal and accounting services by pursuing activities within these practice areas where there is high growth potential in Singapore, generating opportunities for Singapore-based law and accounting firms. Singapore should catalyse and support the internationalisation of Singapore’s law and accounting firms, thus allowing Singapore to capture a greater share of international demand for legal and accounting services.

The increasing pace of technological developments, growing sophistication of client demand, and rising competition from non-traditional service providers are reshaping Singapore’s legal and accounting sectors. Firms of all sizes should develop strategies to transform and move up the value chain. This can be done by spurring growth and productivity of the professions as a whole, with particular attention to small and medium-sized firms, and fostering a culture of pervasive and collaborative innovation.

Singapore can be a thought leader in standards and research in legal and accounting services. To support the growth of the legal and accounting sectors, Singapore needs to ensure that its standards and frameworks remain industry relevant. It should pioneer and set international standards and frameworks for the region and the world.

The continued growth and competitiveness of the legal and accounting sectors will rest on its professionals. Singapore’s lawyers and accountants are already recognised for their strong technical skills and knowledge. They should build on their core strengths and strive to become holistic business advisers to their clients. In this regard, Singapore’s professionals can be future-ready through developing multidisciplinary skillsets and business orientation; familiarity with technology; and specialist expertise in identified high growth areas and sector-specific knowledge.