by EBOS Admin | Jun 22, 2018 | Business Set Up, Human Resources
Starting a business in Singapore is a great idea! Singapore is a vibrant & exciting cosmopolitan city. It has a strategic location & is one of the 4 Asian Tiger economies. In the very beginning of your startup venture, you need some milestones that would guide...
by EBOS Admin | Jun 22, 2018 | Business Set Up, Income Tax
What Foreign-Sourced Income is considered taxable? What Foreign-Sourced Income is considered taxable? The Inland Revenue Authority of Singapore (IRAS) generally defines foreign-source income as profits that arise from a trade or business carried on outside...
by EBOS Admin | Jun 22, 2018 | Cloud Accountant, Compliance
A company is permitted to have two principal activities which are based on the Singapore Standard Industrial Classification (SSIC) 2015 report. Use our free SSIC Search to find the Singapore Standard Industrial Classification (SSIC) 2015 code corresponding to your...
by EBOS Admin | Jun 22, 2018 | Cloud Accountant, Compliance
KYC in business stands for ‘Know your Customer’. A business should not only be concerned with making profits; it should also attempt to know who it has business dealings with. This means identifying and verifying the identity of customers; according to Wikipedia. KYC...
by EBOS Admin | Jun 22, 2018 | Cloud Accountant
What Is Authorised Share Capital? Authorised share capital can be defined as the largest amount of share capital that a company can issue. This amount will be agreed on when the company is being incorporated. This amount can be increased at a later date if the...