RESOURCES
How Financial Analysis Can Boost the Scaleability of Your Company
Building a profitable business that they can later sell for a sizable profit is the ultimate ambition for many entrepreneurs in the competitive business environment. But doing so involves more than just providing a top-notch good or service. Prospective purchasers...
The Ultimate Guide for S PASS in Singapore
The Ultimate Guide for S PASS in Singapore You must obtain a work pass like an S Pass if you intend to work in Singapore. However, what precisely is a SPASS? How do you go about obtaining one, too? Foreign professionals can work in Singapore using a S Pass, which is a...
The Ultimate Guide For ONE Pass in Singapore
As the newest addition to the work visas in Singapore, the Overseas Networks and Expertise Pass (ONE Pass) visa was introduced on January 1st, 2023. By offering a five-year work visa that will promote stability in the nation, this visa aims to revive Singapore's top...
The Ultimate Guide to Singapore’s Entrepreneur Pass (EntrePass)
EntrePass is intended for overseas investors and entrepreneurs who want to launch creative businesses that boost Singapore's economy. This article provides the criteria, application procedure and all other information about how you can secure an Entrepass in...
Navigating Singapore’s Company Registration Process Under the Employment Pass
If you wish to migrate to Singapore and start a business (or already have). The most popular relocation choice is the Employment Pass, a visa that your employer requests and extends an invitation to work under. Find out what it takes and why it’s the easiest way in...
Adapting to Change: KYC in 2023
The world becomes more digital every year, and 2023 will be no different. Customers want an increasingly simpler and quicker onboarding procedure, and regulatory bodies will keep enforcing new laws. Criminals will create new strategies for misusing platforms at the...
The Threat of Money Laundering in the Legal Sector and How AML Checks Help
Traditionally, legal services have been one of the most commonly exploited by criminals seeking to obfuscate the source of ill-gotten gains. The Financial Action Task Force, an inter-governmental organisation set up to combat money laundering, have described lawyers...
XBRL Filing in Singapore for 2023
Companies must comply with financial report filing regulations and submit their financial statements in XBRL format starting in 2014. The types of companies, their sizes, and their lines of operation all have different filing requirements for XBRL. In this article, we...
Scaling Business To The Next Level With Outsource Accounting
Accounting is one of the most labour-intensive activities in a corporation because money needs to be managed efficiently all year. A dependable group of accountants and bookkeepers is required to maintain a brand and its general workflow when there are mountains of...
Brief Overview of IRAS Audits
Audits include checking the accuracy of the data in the GST return of your company. The audits are carried out using a risk-based methodology. It offers a set of financial statements credibility and assures shareholders that the accounts are truthful and fair. In this...
Employment Pass – Complementarity Assessment Framework (COMPASS) in Singapore
Singapore revealed a new system to evaluate Employment Pass applications called COMPASS. This article is an in-depth guide on how to manage these new standards. Introduction The Singapore Employment Pass (EP) complementarity assessment framework (COMPASS) has been...
Income Tax Filing 2023: A Step-by-Step Guide for Making It Through Tax Season
Singapore has one of the lowest personal income tax rates in the world. An individual's Singapore income tax due must be calculated by determining their tax residency and chargeable income amount and applying the progressive resident tax rate to those amounts. ...