Over the last decade, Singapore government has assiduously implemented policies designed to create a robust startup ecosystem in the country. This is a global competition in which many geographic centers …
US-China trade dispute could be a good reason to consider Singapore
With his characteristic flair, US President Donald Trump dramatically escalated the US-China trade dispute with a series of tweets early this morning. He increased tariffs to 25% on $250 billion …
“Business-friendly policies” tops the wish list of global entrepreneurs – 2019 survey
The top priority for entrepreneurs looking for the right location to launch their startup is a business-friendly environment and supportive government policies, according to a recent survey conducted by CorporateServices.com …
Director fined for non-compliance with Singapore Companies Act
On 21 February 2019, the Singapore state courts fined a company director a record amount of $113,400 for 54 charges. The director Tan Hang Song was previously found guilty on …
E-signatures becoming essential for Singapore’s corporate services firms
Singapore’s government strongly encourages the use of electronic signatures in legal documents. The corporate services industry – whose key workflows are centered around the creation, review and execution of legal …
Should your Singapore company outsource its payroll management?
Payroll processing is a complex and time-consuming task for any business – you have to compute the payroll accurately, and on time while following all applicable tax and employment laws. …
5 things that can get your Singapore company in trouble with ACRA
The Accounting and Regulatory Authority of Singapore (ACRA) is the government agency that oversees the registration and regulations of all Singapore companies. While ACRA works hard to make it easy …
A Quick Guide to Singapore Company Registrar – ACRA
This guide provides quick answers to the most frequently asked questions about the Accounting and Corporate Authority of Singapore, also known as ACRA. What is ACRA? ACRA is the national …
Budget 2018: Key takeaways for Singapore companies
The Budget 2018 speech of Singapore’s Finance Minister Heng Swee Keat had three core themes: (a) praise for the strong economic performance in 2017, (b) the major budget changes that …
Taxes might go up: Why Singapore companies shouldn’t worry
In a speech at the PAP Convention last November, Singapore Prime Minister said: “[Finance Minister] Heng Swee Keat was right when he said that raising taxes is not a matter …