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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.
General Guidelines on Types of Tax Adjustments in Singapore
While filing for corporate tax in Singapore, it’s crucial to discern the distinction between net income and taxable income. The computation journey commences with the net profit or loss detailed
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
Your Simple Complete Guide to Incorporating a Company in Singapore
Singapore is ranked as one of the top trade-friendly countries in the world. It is a land of lucrative opportunities for investment. Let’s guide you, step by step, on how
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,
MAS Announces Further Details Regarding FSI Scheme
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
5 Reasons Why ACRA Might Deny Your Company Registration Application
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
What are the Onboarding Processes in SG for a New Employee?
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
Pros and Cons of Setting up a Singapore Sole Proprietorship
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
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
Tax Havens: Myths and Realities
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
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
Why Engage a Corporate Secretarial Services Provider?
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
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
A Guide to Filing Corporate Taxes in 2023 – Form C-S Lite
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.
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
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