RESOURCES
Understanding CPF and Taxes as a New SME Business Owner in Singapore
Tax is a complex and ever-changing topic. As a small and medium business owner in Singapore, you are taxed differently from an individual. It's important to understand the regulations, rates and how it applies to you as a small business owner in Singapore. We'll take...
GST AND FILING SERVICES IN SINGAPORE
What does GST Stand for in Singapore? GST stands for Goods and Services Tax. GST is a tax collected by the Singapore government on most goods and services that buy and sold in Singapore, other than the exemptions. Goods and services refer to domestic consumption of...
SETTING UP A COMPANY IN SINGAPORE
Why set up a business in Singapore? Singapore is the most incredible place to do business. It is a free and highly open economy. Singapore is considered the safest city and has a government that embraces entrepreneurship. It is corruption-free, has a highly educated...
9 Quick Tips for Choosing the Right Company Name
So, you want to start your business, but you don’t even have a name for it yet? If you want your business to be successful, you need to pick a strong name that will set you apart from your rivals. Customers link a company's name with the value they receive. Before you...
CLOUD-BASED ACCOUNTING SERVICE
Make a switch from traditional accounting methods to online accounting methods. Accelerated by the pandemic issues and the increasing adoption of digital documents and e-signatures across key stakeholders, online accounting firms are gaining more popularity. Most...
COMPANY SECRETARIAL SERVICE IN SINGAPORE
A company secretary in Singapore plays a vital role in the growth and success of a company. Therefore, every company must appoint a company secretary. They act as the backbone of every company when it comes to keeping up with legal compliance and proper use in...
Financial Challenges for Small Businesses and How to Overcome Them
There are numerous obstacles that we encounter to run a successful business. According to the U.S. Chamber of Commerce, 70% of infant companies are operating at the end of the second year, and just half of them hit the five-year mark. This statistic demonstrates that...
Rise of Cloud Accounting Software and Accounting Services During The Pandemic
While productivity and business operations had been temporarily halted by the pandemic, innovation waited for no one, and pretty soon innovative practices were utilized to once again jumpstart business and production operations. Before the pandemic, there had been a...
The Function of ACRA and XBRL Filing of Financial Statements in Singapore’s Economy
Every businessman or prospective business man should already be familiar with the requirements of XBRL filing and ACRA filing in singapore. Singapore is widely celebrated for its business environment and has a reputation for being a tax haven. Furthermore, Singapore...
The Advantages and Disadvantages of Starting a Business in Singapore
Singapore is one of the most attractive places for setting up a business for both foreigners and locals alike. This small island nation of immigrants has had some of the most brilliant economic development over the decades and has been praised by international forums...
Cloud Accounting Software, Their Prevalence and Their Advantages in Business
Due to the pandemic, most businesses had been forced to experiment with alternate ways to work remotely or cut down on non-essential in-house functions.
GST and XBRL Filing and the Rise of Their Outsourcing in Singapore
GST and XBRL, measures which were implemented to optimize the economy and the financial reporting environment in Singapore, have both given rise to outsourcing in the form of GST services and outsourcing of XBRL filing in Singapore. GST (General Sales Tax) is an...