RESOURCES
Tax for International Services
Your Services are viewed as global servicers, which are zero-rated (for example GST is charged at 0%), on the off chance that they fall inside the arrangements under Section 21(3) of the GST Act. Dependant upon the nature of your services, you might be required to...
GST payable on Overseas Digital Services
Digital service providers have registered for GST under Singapore’s Overseas Vendor Registration (OVR) regime, and will charge GST on their deals of digital administrations to Singapore buyers with effect from 1 Jan 2020. At present, only locally procured services...
The Innovative Features You Can Enjoy When Using Cloud Accounting
Cloud Accounting has become extremely popular for several reasons. Not only is it more practical than traditional software, but it’s also significantly more efficient and time effective. In 2018 alone, Intuit stated an increase in demand for its cloud software by 1...
Key Singapore Business Incorporation Mistakes To Avoid
Key Singapore Business Incorporation Mistakes To Avoid It is no secret that Singapore is one of the best locations on the planet to set up a business. From ease of company incorporation, the rich economy, the IT and infrastructure and the government support, it is...
THE 17 BEST CORPORATE SECRETARIES IN SINGAPORE
"If your company has been dealing with more, er, deals than usual, it might be the perfect time to consider hiring the best corporate secretaries in Singapore. Hiring one will lift some of the weight on your main secretary’s back as well. So, if you’re interested in...
A Step By Step Guide to Renting Your First Office
Before you begin looking for an office, make a checklist of requirements you want and prepare a list of questions to ask yourself Make a Check List Do you need a decent location to have conferences with clients or are you simply searching for a space to house your...
Does your company qualify for audit exemption?
In Singapore, each organization is responsible for getting its financial statements and records checked by an auditor once every year. This permits an organization's bookkeeping records to be analyzed impartially giving investors more noteworthy trust in the...
Why is Tax Planning crucial for Small Businesses
Numerous entrepreneurs disregard tax planning and it's the last thing on their mind until their Taxes are due. Tax planning is a continuous cycle and good tax consulting advice is a valuable asset. It is advantageous to you to review your income and expenses month to...
Tax Exemptions on Job Support Scheme Subsidies
On 3 November 2020, Singapore government announced in Parliament that employers who have received wage subsidies under the Jobs Support Scheme (JSS) will not have to pay income tax on the subsidies. This is a great news for Singapore business owners who are worried...
Key Red Flags To Look For In Corporate Secretarial Services
Hiring company secretarial services is an extremely important part of your company's growth. It provides you with hours of free time every week that you can spend focusing on other areas of the business. As a result, it’s important that you find the right person for...
The Process Of Setting Up A Business In Singapore
There is a reason why setting up a company in Singapore is so popular. The economy is booming and business opportunities are springing up every day. However, it’s important that before you jump in headfirst, you must first understand the process you must follow to set...
8 Steps to Setup Your Family Office
Many high-performance individuals, high net worth individuals, and successful entrepreneurs will definitely reach a stage when they might benefit from the services of a family office. Their business becomes so complex and the number of transactions far exceed the...