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The Monetary Authority of Singapore (MAS) has provided further updates to the Financial Sector Incentive (FSI) scheme, as announced in the 2023 Singapore Budget, with changes effective from 1 January…
Commencing a new business in Singapore is an exhilarating journey but it comes with a series of critical steps, the most crucial being registering with the Accounting and Corporate Regulatory…
A good onboarding process is not just important for making sure a new employee is ready to work straight away. It’s critical for their retention and overall performance for the…
The high net worth (HNW) market in the ASPAC region has seen substantial annual growth of almost 8% recently, and it’s expected to reach 21 million by 2024. ASPAC markets…
As you set out to become your own boss, you are confronted with the decision of setting up a sole proprietorship or a private limited company. In the first installment…
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…
Inside the Content What is a Tax Haven? Is Singapore a Tax Haven? Singapore’s Vigilant Stance on Taxation Countries That Are Actual Tax Havens United Arab Emirates Qatar Oman Kuwait…
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…
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…
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…
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…
Inside This Article: What is a Corporate Secretarial Services Provider? Why Engage a Corporate Secretarial Services Provider? Managing Compliance Deadlines Compliance Knowledge Transparent Pricing Validation One-stop Service Professional Support Value-added…
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…
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…
The Inland Revenue Authority of Singapore (IRAS) requires that all companies pay corporate tax in Singapore. Additionally, companies need to submit the appropriate forms to declare their actual taxable revenue….
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…
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…
Inside the Content What Is Business Data? Are You Even Aware Of Your Business Information? Do The Majority Of Business Owners Even Actually Know What A Database Is? Input Data…
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…
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…
