Our preliminary analysis has revealed key insights about MAPLETREE BUSINESS CITY LLP's performance and market presence. Here‘s a summary of our findings:
Has been operational for a few years
Has accessible contact information online
68101
Real estate developers
Other holding companies
0195:SGUENT19LL1516D
iso6523-actorid-upis::0195:SGUENT19LL1516D
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This is only a preview of the TrustScore results for MAPLETREE BUSINESS CITY LLP, showcasing a few facets of its business that we have analysed.
Evolving Stage
A brand in its evolving stage is one that is actively growing, refining, and expanding its market presence. They have gained certain traction in establishing foothold in chosen markets. These brands have defined their core identity, mission, and values and is continuously working to scale their operations, reach new audiences and adapt to changing market dynamics. They are in the process of continuous improvement and innovation, and focusing on customers engagement and feedback.
Key Characteristics
Why It Matters
The company's address in use by other companies, may raise concerns about the company's credibility and legitimacy. MAPLETREE BUSINESS CITY LLP has been operational for a few years, showing some level of stability. While it shows some level of stability, it may still be in the process of establishing its reputation and credibility.
MAPLETREE BUSINESS CITY LLP has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting MAPLETREE BUSINESS CITY LLP's long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
MAPLETREE BUSINESS CITY LLP has accessible contact information online, which is a positive indicator of its credibility and transparency. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
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Following which, earlier last month, Amazon had registered as Amazon Web Services Inc. using its address in Seattle, USA. Meanwhile, Google had registered VAT under Asia Pacific PTE Limited using MapleTree Business City Singapore, where it has a regional office. Technologies Ireland Ltd, Facebook Ireland Ltd, and Facebook Payments International Ltd -three entities of Facebook- obtained the BIN under Dhaka South VAT Commissionerate, says an official of PricewaterhouseCoopers (PwC) - the local consultant catering to Facebook, Amazon and Google as well. “It is a commendable move by the NBR to pave the way for non-residents to register for businesses locally. We have been assisting them throughout the whole process, and hopefully we will be able to bring more non-residents under the local compliance laws and ready to play an active role in that regard,” said the PwC official.
13 June 2021
Earlier, Google had registered VAT under Asia Pacific PTE Limited using MapleTree Business City Singapore, where it has a regional office. According to Kazi Mostafizur, following the VAT registration of the foreign companies for the first time in the history of Bangladesh — a mandatory requirement for any business operating locally — Facebook, Netflix, and Hoichoi are also going to apply for VAT registration. Although the social media giant had been paying VAT, it does not currently have a registered BIN. In 2020, Facebook Inc was pressured by the NBR to designate an agent in Bangladesh to operate locally.
31 May 2021
MAPLETREE BUSINESS CITY LLP has been in operation for 6 years since its incorporation in 1 November 2019 based on ACRA registration date. The business is registered with ACRA (Accounting and Corporate Regulatory Authority) under UEN T19LL1516D.
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