There are around 3,200 Global Capability Centers (GCCs) worldwide — and more than half are in India, with nearly 1,700 centers. Singapore, too, is a rising hub with about 100 GCCs.
GCCs are no longer just outsourcing vendors. They are fully owned extensions of multinational corporations (MNCs), often Fortune 500 companies, that create new products and services across IT, healthcare, pharmaceuticals, financial services, automotive, aviation, retail, and telecoms.
From the early days of body shopping and BPOs, the model has evolved. Today, MNCs prefer GCCs because they provide:
- Direct control over operations
- Closer alignment with global standards and corporate culture
- Enhanced protection of intellectual property and customer data
This shift is evident in the scale of India’s software exports, which have reached nearly US$300 billion.
As GCCs grow in both India and Singapore, one constant remains: the need for strong compliance, transparent financial reporting, and efficient tax structures.
At NS Global Consultants Pte. Ltd., we support GCCs and multinational subsidiaries in Singapore with:
Corporate Secretarial Services – ensuring seamless compliance with ACRA and corporate governance standards
Compilation & Bookkeeping – delivering accurate reporting aligned with parent company requirements
Tax Services – structuring operations for efficiency while staying fully compliant with IRAS
With Singapore emerging as a trusted hub for GCCs, we help global companies establish, manage, and grow their operations with confidence.