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 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 …
Singapore Regulatory Update: April 2022
With the gradual reopening of attractions and resumption of tourism in Singapore due to relaxed COVID-19 measures, Singapore businesses are coming back into pre-pandemic conditions. Singapore is regaining its status …
Singapore Budget 2022: What You Should Know
Singapore’s S$109 billion 2022 Budget was announced on February 18, 2022. While the last two budgets were concerned with getting the country through the pandemic crisis, devoting over S$100 billion …
Singapore Regulatory Update: February 2022
The Singapore Government continues to harmonize its regulations in accordance with international standards and implement laws that will work in the best interest of the business. In this post, we …
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 …
Singapore regulatory update: December 2021
Singapore’s law is well-known globally for its fair, efficient, and innovative approach. The Singapore Government is constantly improving and adjusting its regulatory regime to the vital needs of the business. …
Singapore startup and business update: November 2021
The Singapore government has extended its COVID-19 Stabilization Phase till November 24, 2021. With the help of an extended support package of S$640 million, the country’s business ecosystem continues 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 …