by EBOS Admin | Dec 5, 2018 | Cloud Accountant
An Anti-Money Laundering Act is a law that prohibits Money Laundering. Money Laundering is the act of concealing the transformation of profits from illegal activities and corruption into ostensibly “legitimate” assets. (Wikipedia) An example of an...
by EBOS Admin | Aug 20, 2018 | Accounting, Business Set Up, Cloud Accountant, Compliance, Income Tax
The amount of GST payable is computed based on the CIF value (cost, insurance, freight) of the goods plus all duties payable. GST need not to be paid for goods (except for dutiable products) with CIF value not more than $400. When Do I Need To Pay GST For Imported...
by EBOS Admin | Jul 16, 2018 | Business Set Up, Human Resources
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...
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...
by EBOS Admin | Jun 22, 2018 | Cloud Accountant
Q1: When will the small company audit exemption take effect? The audit exemption will be applicable for financial years beginning on or after the change in the law (1 Jul 2015). Transitional provisions have been provided for the first two years after the change in...
by EBOS Admin | Jun 22, 2018 | Cloud Accountant
The Manpower Ministry is adopting a stick-and-carrot approach in dealing with the issue of hiring foreign professionals. Employers who persist in hiring them for no good reason and fail to have concrete plans to nurture their Singaporean staff will find it harder to...
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