RESOURCES
New filing requirements by all companies with ACRA in 2020
All companies required to file financial statements with ACRA are required to file financial statements in XBRL since November 2007. We will take a look below at the revised requirements for the filing of FS in the year 2020. Please take notice XBRL FSH (General) is...
What is Singapore Withholding Tax?
If you have just arrived in Singapore and start earning your first dollar, you may be charged a Singapore Withholding Tax. Singapore withholding tax (known as tax deduction at source in other countries) is a payment that a company will withheld and pay to the Inland...
SMECEN DASHBOD Training – Getting Started
Getting Started Guide for SMECEN DashBod Software.
Financio Training – Set Up Business Details
Today, we will take a look at the control panel on how to set up your Business Details in Financio.
Cloud Accounting – Financio Singapore
A chart of accounts is the list of all the accounts you use to organize your accounting records in a Cloud Accounting Software.
Best Cloud Accounting Software
In today’s fast-paced world, it would be a fool’s errand to run a low-tech company. If you want a hotel booking in advance, you need a real-time online booking system. If you want to market your product you need a digital marketing strategy and campaign. If you want...
Financio Training – Set up your Cloud Accounting Software
A video walk-through showing how to use Financio.
The Business Implication of Wuhan Coronavirus
In 2003, SARS caused an eventual 8,098 cases, resulting in 774 deaths reported in 17 countries, with the majority of cases in mainland China and Hong Kong (9.6% fatality rate) according to the World Health Organisation. As of 31 January 2020, there were over 9,680...
Stringent AML regulations on Crytopcurrency Companies in Singapore
On 28 January 2020, The Monetary Authority of Singapore (MAS) announced the commencement of the Payment Services Act (PS Act) which will create an enhanced regulatory framework for e-payment services in Singapore. With this regulation implemented in Singapore,...
Should my Business Hire Corporate Secretarial Services?
Got anyone who is looking to help run their business today, it’s so important to get the right kind of help. The people who you work with and alongside are the bedrock of your business; keeping them optimistic about what the future holds is essential to your longevity...
Opening a Corporate Bank Account in Singapore
While opening a corporate bank account in Singapore is an easy straight-forward process, all banks in Singapore will require the company to be set up before opening a corporate bank account for a Singapore incorporated company. Due to the increasingly tight Anti-Money...
Advertising Requirements under the Fair Consideration Framework
The Fair Consideration Framework (FCF) is part of the Government’s overall effort to strengthen the Singaporean core in the workforce. It sets out clear expectations for companies to consider Singaporeans fairly for job opportunities. The FCF applies to all...