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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.
Understanding Board Resolutions in Singapore
Board resolutions play a vital role in shaping the framework of corporate governance in Singapore. These formal decisions, made by a company’s board of directors, serve as the backbone of
Tips to Avoid Personal Income Tax Filing Mistakes for Self-Employed Persons in Singapore
Self-employed individuals form a considerable and vital part of Singapore’s economic fabric, representing 12.2% of the workforce in 2023. These workers drive innovation and growth across various sectors – from
Tax Filing Requirements for a Dormant Company in Singapore
Singapore’s dynamic business environment is home to a diverse range of companies, each with its own distinct traits. Among them are dormant companies – entities that have temporarily paused their
A Beginner’s Guide to ESG in Singapore for Charities and IPCs – Part 2
The numbers speak for themselves – with more than 2,300 charities and institutions of a public character (IPCs) in Singapore, the charity sector holds significant potential in driving national and
Why is a Successful Talent Acquisition Strategy Crucial for Business Growth?
A successful talent acquisition strategy is critical for companies aiming to thrive in Singapore’s dynamic and competitive marketplace. It allows businesses to attract, select, and retain top talent, fostering innovation,
Guide to File Personal Income Tax in Singapore in 2025
Filing your personal income tax accurately is a statutory obligation in Singapore and a crucial step toward maintaining financial integrity and peace of mind. The Inland Revenue Authority of Singapore
Tax Talk: Comparing Singapore vs Malaysia’s Tax Systems in 2025
Singapore and Malaysia stand as economic powerhouses within Southeast Asia, offering access to ASEAN’s projected $4.5 trillion economy by 2030. For international investors considering regional expansion, tax structures significantly impact
How Charities and IPCs in Singapore Can Embark on ESG – Part 1
Implementing Environmental, Social, and Governance (ESG) initiatives is a pivotal step for charities and Institutions of a Public Character (IPC) looking to transform awareness into meaningful action. By embedding ESG
Understanding Shareholder Requirements in Singapore
Incorrect shareholder structures can block business growth, create legal issues, and limit capital-raising options in Singapore. A proper setup, on the other hand, opens doors to investment opportunities, simplifies expansion,
How to Renew Singapore Work Pass and Avoid Common Pitfalls
Singapore’s economic strength draws heavily from its foreign workforce, with non-residents making up about 30% of workers as of June 2024. This foreign-talent-heavy approach represents almost 1.9 million foreign workers,
What Are the Factors MOM Considers Beyond COMPASS for an EP Application?
Singapore’s Employment Pass (EP) system continues to adapt as its Ministry of Manpower (MOM) adjusts its foreign talent policies for 2025. With 205,400 EP holders recorded as of December 2023,
Tackling Singapore’s Enhanced Sustainability Reporting Regime: How Will it Affect You?
Singapore has long been advancing towards prioritising sustainability, expanding its reach to businesses and individuals alike. Today, it is widely recognised that implementing sustainable measures into business models can provide
Navigating the New Employment Pass Application Criteria in 2025
Singapore’s Employment Pass (EP) criteria sees significant changes in 2025, directly impacting businesses looking to hire foreign professionals. These updates reflect the nation’s ongoing focus on fostering a skilled and
Understanding the Fair Consideration Framework for Work Pass Application
Hiring foreign talent in Singapore requires a clear understanding of the Fair Consideration Framework (FCF), a key initiative that promotes fair and merit-based hiring while safeguarding opportunities for the local
Ministry of Manpower in Singapore: A Comprehensive Guide
Introduction The Ministry of Manpower (MOM) is a cornerstone institution in Singapore’s governmental framework, playing a vital role in shaping and maintaining the nation’s workforce dynamics. As Singapore continues to
Doing Business in Singapore vs Indonesia: A Comprehensive Guide
Southeast Asia presents an impressive scenario for international investors and entrepreneurs, with Singapore and Indonesia emerging as two prominent destinations for business expansion. When considering Indonesia vs Singapore, it is
Managing a Dormant Company in Singapore: Definition, Reactivation & Best Practices
Are you thinking about placing your Singapore company into dormant status but unsure of the implications and requirements? Understanding how a dormant company is defined in Singapore and the impact
What is the Unique Entity Number (UEN) in Singapore: Complete Guide for Businesses
Introduction to UEN in Singapore Operating a business in Singapore requires understanding various regulatory requirements, and one of the most fundamental elements is the Unique Entity Number (UEN) system. For
Singapore Budget 2025: What Key Tax Highlights Do You Need to Know?
Singapore Budget 2025 introduces a range of tax benefits designed to enhance financial resilience, support businesses, and ease the tax burden for individuals as part of SG60. With a focus
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