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Choosing the right corporate secretary

Choosing the right corporate secretary

Singaporean Companies should appoint a secretary within six months of incorporation. However, what specifically is the job of a secretary and what can they bring to the table? Knowing the critical position, a company secretary plays in your business necessitates...

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Singapore is a Tax Haven

Singapore is a Tax Haven

Singapore's low taxes and other incentives for foreign investors qualify it as a tax haven. Resident taxpayers pay a progressive tax on personal income at a top marginal rate of 22%. In 2019, the highest tax bracket is defined as incomes above $320,000 U.S. dollars....

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Reasons why Small Business should use Cloud Accounting

Reasons why Small Business should use Cloud Accounting

The cloud is an ideal combination of increased productivity, team collaboration efficiency, accounting automation, hassle-free security and easily integrated system According to Forbes, approximately 80 percent of all companies predicted that they will be using the...

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 Why do companies relocate to Asia?

 Why do companies relocate to Asia?

Singapore is a Gateway to ASEAN Countries Singapore ranked fifth among the top 20 hot economies in FDI inflows, this has made Singapore marked its gateway to ASEAN and is a popular destination for companies of all industry and sizes to have their Asia operations based...

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Roles and Responsibilities of a Corporate Secretary

Roles and Responsibilities of a Corporate Secretary

Having a Corporate Secretary as Part of Legal Compliance   Appointing a corporate secretary is important in incorporating a company in Singapore. Every company must appoint a corporate secretary within six months of its establishment, according to the Accounting...

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5 Important Aspects of Personal Finance

5 Important Aspects of Personal Finance

Many people wonder what personal finance is all about and how it helps you with life? We need personal finance to help us, as many of the times we fail to secure ourselves financially is because we are unsure of the steps that should be taken. Hence, Personal finance...

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Benefits of Outsourced Accounting Services

Benefits of Outsourced Accounting Services

Outsourced accounting is a service that provides small companies with a full accounting department experience. Day-to-day invoice coding, accounts payable, accounts receivable, payroll, management financial statements, and many other resources are handled by an...

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How to Prepare Your Taxes in 8 Steps

How to Prepare Your Taxes in 8 Steps

1.Choose a Preparer Request recommendations from friends and advisors when considering a tax preparer. Verify that the person has a Preparer Tax Identification Number (PTIN), which ensures that they are permitted to prepare federal income tax returns. You can also ask...

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Save on Corporate Income Tax in Singapore

Save on Corporate Income Tax in Singapore

Singapore’s corporate tax rate on chargeable income at 17 percent – it is one of the lowest in the world. Understanding your expenses is one of the key factors that your Cloud Accountant will do to help you manage your tax payable.   What is a deductible expense?...

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How to Set up a Special Purpose Vehicle Entity

How to Set up a Special Purpose Vehicle Entity

Let me introduce you to the process of creating a Special Purpose Vehicle (SPV) that is commonly used in the finance and real estate sectors before SPVs became widely used as we know it today. SPVs are useful in different aspects of your business path, and our article...

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