When considering the term “Financial Year End” (FYE), often, business owners automatically equate it with December 31st. However, in Singapore, companies aren’t bound by the conventional calendar year. Once your …
Singapore Poised to Lead Southeast Asia in Digital Financial Services and Wealth Management
Singapore stands tall as an unparalleled business destination, boasting an array of advantages that make it an optimal choice for company incorporation. With its strategic location, strong legal framework, and …
Singapore Regulatory Update: October 2023
Singapore continues to be at the forefront of innovation and regulation, demonstrating its commitment to fostering international collaboration, combating technological crimes, and strengthening financial integrity. The regulatory developments in October …
Why a Singapore Holding Company is a Good Idea
Entrepreneurs must seek ways to protect their business assets. Over the years a number of strategies have been developed to help them do so. One of the most effective methods …
Deciding on stock, restricted stock, or stock options for your Singapore startup company
In the early stages, company founders typically look for various ways to curb spending on labor; equity compensation may be one way to reduce ongoing costs and provide compensation to …
Avoid this founder’s $10 billion mistake, incorporate in Singapore
After the death of Samsung Electronics chairman Lee Kun-hee, his family faced a giant tax bill on their inheritance. Mr. Lee’s family expects to pay more than USD$10.8 billion in …
10 tax tips for foreigners starting a Singapore company
The number of businesses setting up a presence in Singapore continues to grow, in large part due to the country’s tax-friendly environment. Singapore welcomes global businesses and startups, offering a …
5 common mistakes to avoid while incorporating a Singapore company
Singapore is well-known for offering a favorable and welcoming environment to startups. Bolstered by supportive government policies and private funding, Singapore has emerged as Asia’s preferred business hub; its position …
Global minimum tax: reforming the international taxation system
International tax competition has accelerated with the rise of globalization and is widely regarded as a cause for the downward spiral in the inflows of many governments. World leaders led …
As China tightens, businesses begin to flee Hong Kong
Although Hong Kong continues — officially — to be a special administrative region of China, with a high degree of autonomy and freedom from interference from the mainland government, the …