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Articles

Lower your Tax by Donation

The tax system in Singapore is quite straightforward with taxable income and non-taxable income clearly stated in IRAS. However, there are many ways to lower tax legally which are often neglected by business owners who did not engage a TRUE ACCOUNTANT.    To...

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7 Guidelines to Effective Cash Flow

Embarking on your dream business venture requires a steady cash flow and that goes for ALL types of businesses. “Cash Is King” is an adage popularized in the 1900s that holds true to its name till this day, often used to underline the importance of solid cash flow...

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When do I need to pay GST for imported goods?

When Do I Need To Pay GST For Imported Goods? CONSUMER IMPORTING GOODS Goods that are imported into Singapore by parcel post through ordinary mail or Speedpost. Subject to GST for goods that are purchased online. This applies to all new articles. Personal Articles...

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How to Start a Cleaning Company in Singapore?

How To Open A Cleaning Company In Singapore www.ebos-sg.com 8366 3660  INCORPORATION 1 DAY NEA LICENSE 1 YEAR RENEWABLE  TRACK RECORDS 2 YEARS PRATICAL EXPERIENCE IN SUPERVISING CLEANING NEW EMPLOYEE TRAINING ON EC WSQ FRAMEWORK  INVOICING CLOUD ACCOUNTANTS MARKETING...

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How to Start a Business in Singapore?

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 you in...

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Foreign Sourced Income

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 of...

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SSIC CODE – Principal Activities

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...

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Share Capital For Pte. Ltd.

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...

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