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Delve in detail into industry insights and information and gain valuable perspectives and understanding of the different sectors with our business blogs.
Cayman Islands Company: Types, Structures & Key Differences
The Cayman Islands offers several company structures, including exempt companies, ordinary resident and non-resident companies, overseas companies, foundation companies, limited liability companies, special economic zone companies and unlimited companies. The
Corporate Income Tax in Singapore
Singapore’s headline corporate income tax rate is 17%, but a company’s final bill depends on its taxable profits, eligibility for exemptions and the reliefs available for the relevant Year of
Understanding the Latest Changes to the BVI Business Companies Act
The British Virgin Islands (BVI) remains a choice destination for entrepreneurs worldwide when it comes to setting up an offshore company. In recent years, the jurisdiction has seen an increase
Corporate Tax Singapore: What Tax Submission Deadline Should You Know?
Doing business in Singapore means your company must comply with all the relevant regulations and laws. Corporate tax rules, for example, are especially important as they directly impact your company’s
Guide to the Enterprise Innovation Scheme (EIS)
Singapore recognises the significance of driving innovation and growth in its business landscape. Thus, it unveiled the Enterprise Innovation Scheme (EIS) in Budget 2023. This scheme is a significant step
Why the Variable Capital Company (VCC) is a Global Game Changer
The Variable Capital Company (VCC) is Singapore’s newest and perhaps most innovative fund vehicle to date, was announced in October 2018. After significant anticipation, the Singapore Variable Capital Company Act
Estimated Chargeable Income (ECI) Singapore: Calculation, Waiver and Filing Guide
Estimated Chargeable Income, or ECI, is an estimate of a company’s taxable income for a Year of Assessment (YA). It helps IRAS assess corporate tax before the company submits its
5 Options for Protecting Your Intellectual Property in Singapore
Inside This Article: Why Should You Protect Your Intellectual Property? Patents Registered Designs Copyright Trade Secrets Trademarks Protect Your Intellectual Property With InCorp The registration and acquisition of intellectual property
How to Reduce Your Personal Taxes
Basic Tips for Singapore Tax Residents The dawn of another calendar year means that tax season is just around the corner. Come March, we will be required to file our
Guide to Filing Corporate Taxes – Form C-S, Form C-S (Lite) and Form C
If you are running a business in Singapore, you need to report your income to the Inland Revenue Authority of Singapore (IRAS) by filing your tax return forms C-S or
How Can A Foreign Company Register In Singapore?
Singapore is an alluring destination for foreign companies looking to establish a foothold in the region, offering a multitude of avenues to set up operations. Here, we explore the company
Guide to Singapore Permanent Resident (PR) Application
Inside This Article: What Are the Options for Singapore PR Application? Pathway for Investors: The GIP Scheme Pathway for Work Pass Holders: The PTS Scheme Pathway for Artistic Professionals: The
How to Register a Company in Singapore
Singapore has consistently topped the World Bank’s “Doing Business” report that tracks and scores the indicators of the ease of doing business in over 190 countries of the world. Particularly,
What is a Shareholders Agreement and What Must Be Included in the Agreement
A Shareholders’ Agreement is a legal document that sets out the rights and obligations of the shareholders in a company and also spells out the shareholders’ relations and the management
Everything You Need To Know About Annual General Meetings (AGM)
A Comprehensive Guide to Understanding AGMs in Singapore Conducting an Annual General Meeting (AGM) serves as a crucial platform for your company to unveil its financial statements (accounts) to shareholders,
Company vs Sole Proprietor in Singapore – A Comparative Guide
Entrepreneurs often find themselves at crossroads when establishing their business, contemplating the decision between a sole proprietorship and a company. This crucial choice leads to a back-and-forth consideration of the
8 Key Singapore Agencies Every Entrepreneur Must Know
Embarking on the journey to register a business in Singapore can be challenging, particularly for those new to the process or unfamiliar with the local intricacies. This holds especially true
Financial Reporting Obligations for Singapore Branch Office in 2023
Every year, regardless of size or business structure, all Singapore companies must fulfil specific legal obligations. Compared to other countries, Singapore’s compliance requirements are known to be relatively straightforward. However,
How to Cancel a Work Permit in Singapore: Steps & Requirements
How many days can a worker stay in Singapore after a Work Permit is cancelled? A worker who is still in Singapore can generally stay until the expiry of the
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