RESOURCES
What is Cloud Accounting software?
Cloud accounting software is commonly referred to as an online accounting software, web- powered software or web-based accounting software. This is hosted on a remote server, where the users send data to “the cloud” and it is processed and returned to the user. Cloud...
What is GST and how is it charged?
GST was first implemented on 1 April 1994, modelled off the UK VAY and New Zealand GST. It is meant to lower personal and corporate tax rates while contributing to a revenue base for the government. GST is a consumption tax that is applicable to the import of goods...
Cloud Accounting vs Traditional Accounting?
In traditional accounting, a dedicated in-house computer hard drive is used to store data and host applications. The on-premise accounting program is mounted on a desktop computer and can be accessed via a desktop application. It does not need an internet connection,...
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...
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....
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...
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...
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...
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...
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...
Importance of Accounting Services for Business in Singapore
1.Growth It is essential for businesses to grow in scale, productivity and resources. Accounting services in Singapore assist companies in expanding by offering reliable documentation and ensuring that everything complies with laws, legislation, economies, and...
“We’ve officially partnered with ‘Enterpryze’ Business and Accounting Management software”
“Enterpryze” is Now an Official EBOS Cloud Accountants Accounting Partner We’re so excited to be partnering up with Enterpryze to include it in our cloud solutions roster. Enterpryze Singapore is a cloud-based invoicing, accounting and ERP platform designed for small...