RESOURCES
How to Choose the Right Corporate Secretary for Your Company
Selecting the right corporate secretary is indeed one of the most important decisions you'll make for your company. Therefore, it is essential to understand that this role involves a wide range of responsibilities. A good corporate secretary ensures compliance, good...
Understanding the New Changes to the Singapore Employment Pass in 2024
The Singapore Employment Pass (EP) has long served as a gateway for overseas professionals looking to work in one of Asia's most vibrant economies. However, keeping up with the latest legislation is critical for both businesses and employees. Significant modifications...
Understanding Your Tax Bracket: What It Means for You
Tax brackets are something that most people are somewhat familiar with but do not fully understand. While it may not be the most interesting topic, understanding your tax brackets can result in a significant improvement in your income. Whether you're a freelancer...
Tax Considerations for Companies Limited by Guarantee
Certainly! Here is the provided text converted to active voice wherever applicable: Companies limited by guarantee produce more confusion than necessary in financial reporting, despite the fact that it is pretty simple. A business limited by guarantee is simply a...
Navigating the Employment Pass: Your Ultimate Guide
Singapore's employment environment is distinguished by a dynamic and diverse economy, powered by a variety of significant businesses and bolstered by progressive labor regulations and a strong regulatory framework. Furthermore, if your company has sent you to...
Understanding Goods and Services Tax (GST) in Singapore: What You Need to Know
Goods and Services Tax, or GST, is a broad-based consumption tax that Singapore Customs collects on imported products and almost all suppliers of goods and services in Singapore levy. In other countries, people refer to GST as Value-Added Tax (VAT). GST exemptions...
Renewing Your Employment Pass in Singapore: Key Considerations and Steps
Are you an expat working in Singapore and concerned about renewing your employment pass? Understanding the process and conditions for employment permit renewal in Singapore is critical for a seamless transition and long-term work in the country. Singapore EP renewal...
Tax Benefits for Singapore Startups: How to Leverage Incentives
Starting a business in Singapore provides numerous benefits, particularly in terms of taxation. The Singapore government provides a variety of tax breaks to promote entrepreneurs and foster innovation Companies who establish themselves in Singapore are eligible for a...
Avoid Penalties: Singapore Companies’ 2024 Compliance Deadlines
Singaporean businesses must be aware of this year's compliance requirements as 2024 approaches. Respecting deadlines is crucial to avoid severe consequences for not adhering to regulations on time. One essential responsibility is preparing ahead for these deadlines....
Step-by-Step Guide: Setting Up a Company Limited by Guarantee (CLG)
In order to benefit from restricted financial liability, non-profit organizations like association groups, sports clubs, and workers' cooperatives most frequently form limited by guarantee businesses. Non-profit organizations in Singapore are permitted to carry out...
How Your Business Can Save Money and Time by Outsource Accounting
Any expanding company has to have good financial management and accurate financial reporting. A competent financial department needs full-time staff, who might or might not fit your business's needs. The significant operating and maintenance costs associated with...
Exploring ACRA’s Support for Small and Medium Enterprises (SMEs)
In Singapore, the Accounting and Corporate Regulatory Authority (ACRA) is a key player in regulating and advancing corporate governance, public accounting, and enterprises. ACRA is in charge of business entity registration and regulation, making sure that the...