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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.
Sole Proprietorship or Private Limited 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,
Guide to Cancel a Work Permit in Singapore
For foreign workers and expats in Singapore, work permit cancellation is a crucial process. As an employer, you are required to assist them in this procedure, whether by performing the
6 Things You Need to Know About the ECI
ECI (Estimated Chargeable Income) is a foreign concept to many businessmen who are not familiar with Singapore’s accounting terms. Many entrepreneurs are unsure as to why and when they have to file
How to Work in Singapore in 8 Steps
Famous for its low taxation, affordable living expenses, and inviting climate, Singapore is often hailed as the hub of Asia and is renowned for its safety and hospitality. Many people
Harness Capital Allowances for Your Business
Within Singapore’s contemporary tax landscape, the amount of tax you declare is essentially the starting point for assessing your tax liability. This means it’s crucial for you, as a taxpayer,
A Guide to Convening Effective Extraordinary General Meetings (EGMs)
Shareholder meetings are crucial for businesses, and ensuring compliance with legal procedures is paramount. Within the company’s Articles of Association framework, Extraordinary General Meetings (EGMs) are pivotal in dealing with
Meeting of Economic Substance Requirement in Singapore
Foreign-sourced disposal gains resulting from the sale or disposal of a foreign asset in Singapore, excluding intellectual property, become tax-exempt if the entity demonstrates adequate economic substance during the relevant
Model Constitutions of Singapore Companies
As has been widely reported, Singapore is in the midst of implementing the largest number of changes to the Companies Act since it was enacted in 1967. This latest review
Understanding Corporate Tax Exemptions in Singapore
Singapore’s flat corporation tax rate of 17% is usually the first thing that comes to mind when discussing business in the Lion City. And while that has clear benefits in
Your Guide to Buying a Shelf Company in Singapore
Inside the Content What is a Shelf Company? Are Shelf Corporations in Singapore Illegal? What is the Difference Between a Shell and Shelf Company? What are the Features of Shelf
Is the Singapore VCC or Cayman Islands a Better Fund Jurisdiction?
The Cayman Islands have a long-standing reputation as a premier choice for global investors, offering tax neutrality and an ultra-investor-friendly regulatory environment. Traditional investors might, therefore, make a beeline to
What Are the Key Business Challenges for SMEs in Singapore?
Inside the Content What Qualifies as an SME in Singapore? What Are the Main Challenges for SMEs in Singapore, and How Can They Overcome Them? Growing Competition From Large Companies
What Happens When a Company Director Resigns
A person may cease to be a director of a company by resignation. A director may resign from the company for several reasons, including ill health, disqualification, conflict with other
Why Should You Set Up Your Regional HQ in Singapore?
Inside the Content What Does it Mean to Set Up a Regional HQ? What Makes Singapore a Great Place to Do Business? Why is it Strategic to Set Up Your
5 Problems Non-executive Directors Experience in Their Roles
Inside the Content Who is a non-executive director? What are the problems non-executive directors experience? You no longer run the show The social facets of the given role are different
10 Reasons to Relocate to Singapore in 2024
Singapore is Asia’s business epicentre, straddling both East and West. In fact, it has been consistently hailed as “the land of opportunity” by many, including The Economist, urging businesses to
What is a Certificate of Incorporation?
Inside the Content What is a Certificate of Incorporation? What Information is Contained in the Certificate? Why is the Certificate of Incorporation Important? Who Issues the Certificate of Incorporation in
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