by devsupport | Dec 16, 2020 | Accounting, Compliance, Income Tax
Your Services are viewed as global servicers, which are zero-rated (for example GST is charged at 0%), on the off chance that they fall inside the arrangements under Section 21(3) of the GST Act. Dependant upon the nature of your services, you might be required to...
by devsupport | Dec 11, 2020 | Compliance, Income Tax
Digital service providers have registered for GST under Singapore’s Overseas Vendor Registration (OVR) regime, and will charge GST on their deals of digital administrations to Singapore buyers with effect from 1 Jan 2020. At present, only locally procured services...
by devsupport | Dec 7, 2020 | Accounting, Cloud Accountant
Cloud Accounting has become extremely popular for several reasons. Not only is it more practical than traditional software, but it’s also significantly more efficient and time effective. In 2018 alone, Intuit stated an increase in demand for its cloud software by 1...
by devsupport | Dec 3, 2020 | Business Set Up, Compliance, Marketing & IT
Key Singapore Business Incorporation Mistakes To Avoid It is no secret that Singapore is one of the best locations on the planet to set up a business. From ease of company incorporation, the rich economy, the IT and infrastructure and the government support, it is...
by devsupport | Dec 3, 2020 | Accounting, Business Set Up, Cloud Accountant, Marketing & IT
“If your company has been dealing with more, er, deals than usual, it might be the perfect time to consider hiring the best corporate secretaries in Singapore. Hiring one will lift some of the weight on your main secretary’s back as well. So, if you’re...
by devsupport | Nov 23, 2020 | Business Set Up, Human Resources
Before you begin looking for an office, make a checklist of requirements you want and prepare a list of questions to ask yourself Make a Check List Do you need a decent location to have conferences with clients or are you simply searching for a space to house your...
by devsupport | Nov 17, 2020 | Accounting, Business Set Up, Cloud Accountant, Compliance, Income Tax
In Singapore, each organization is responsible for getting its financial statements and records checked by an auditor once every year. This permits an organization’s bookkeeping records to be analyzed impartially giving investors more noteworthy trust in the...
by devsupport | Nov 9, 2020 | Accounting, Grant & Money, Income Tax
Numerous entrepreneurs disregard tax planning and it’s the last thing on their mind until their Taxes are due. Tax planning is a continuous cycle and good tax consulting advice is a valuable asset. It is advantageous to you to review your income and expenses...
by devsupport | Nov 4, 2020 | Uncategorized
On 3 November 2020, Singapore government announced in Parliament that employers who have received wage subsidies under the Jobs Support Scheme (JSS) will not have to pay income tax on the subsidies. This is a great news for Singapore business owners who are worried...
by devsupport | Oct 28, 2020 | Business Set Up, Compliance, Human Resources
Hiring company secretarial services is an extremely important part of your company’s growth. It provides you with hours of free time every week that you can spend focusing on other areas of the business. As a result, it’s important that you find the right person...