Singapore continues to be a top choice for entrepreneurs worldwide, thanks to its business-friendly policies and stable economic environment. In October alone, 4,641 new companies were registered, reinforcing the city-state’s …
Introduction of the Contact Address and Other ACRA Regulatory Changes for Singapore Companies
Singapore has long been a renowned international business hub where thousands of entrepreneurs incorporate companies to reach global markets. This reputation is supported by progressive, business-friendly regulations that keep pace …
Singapore Regulatory Update: September 2024
Singapore’s status as a global business hub continues to attract companies from across the globe. In September alone, around 4,300 new companies were incorporated, highlighting Singapore’s appeal as a key …
Choosing the Financial-Year-End Date for Your Singapore Company
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 …
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 …
Q3 2020: Recent regulatory changes in Singapore
Over the past few months, Singapore’s government has launched new e-services, enhanced its pro-business regulations, and launched new business incentives that make it easy to launch and conduct business in …
Proposed Amendments to the Singapore Companies Act
In light of OECD’s enhanced compliance guidelines and changes in technology in January 2018 the Accounting and Corporate Regulatory Authority (ACRA) initiated an extensive review of the country’s corporate laws …
Singapore leads the OECD Push for a clean international financial sector
Every country has a duty to confront threats that can compromise the integrity of the international financial system. Singapore, as one of the most important financial hubs in the world, …
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. …