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Singapore’s reputation as a base for global corporations like Google, FedEx, and Cisco Systems often overshadows a crucial fact: small and medium-sized enterprises (SMEs) constitute 99% of the city-state’s businesses….
As Singapore continues to thrive, global investors are increasingly making Singapore a launching pad for new ideas and innovations. In 2022 alone, the city-state experienced a net increase of 64,000…
Every company in Singapore should know about the Tax Identification Number (TIN), a crucial part of the country’s tax system. This is especially true for those businesses struggling to sort…
Navigating corporate tax compliance in Singapore is essential for any business operating in the city-state. While its tax system is well-regarded for its simplicity and competitiveness, failing to meet corporate…
An Annual General Meeting (AGM) is the cornerstone event for Singapore companies, providing an important forum to review performance, connect with shareholders, and create strategies for the year ahead. However,…
In the bustling economic landscape of Singapore, understanding the nuances of share certificates can offer investors and companies alike a competitive edge. This blog will delve into the concept of…
Foreign workers in Singapore play a vital role in complementing the local workforce, contributing to economic growth, and enhancing the diversity of skills available. As of June 2024, over 1.5…
In the bustling financial landscape of Singapore, understanding the fiscal year is essential for both local businesses and international investors aiming to navigate the complexities of tax regulations and financial…
For decades, the Cayman Islands has been mentioned in music, movies, and art, such is its proximity to the notion of a tax destination. Even those with a cursory knowledge…
In the modern business landscape, the importance of meticulous record-keeping cannot be overstated. It is the backbone of financial health, legal compliance, and strategic decision-making. Effective business record management safeguards…
Singapore is so famously business-friendly that it has earned the title of the world’s freest economy. So it is no surprise that for the most part, its policies for starting…
If you operate a company in Singapore, you likely understand the significance of having a registered office address. This address is where official correspondence from government agencies and other authorities…
Understanding the notice of assessment in Singapore to fulfil your income tax obligations is crucial. An NOA is a formal document issued by the Inland Revenue Authority of Singapore (IRAS)…
Foreign investors setting up a company in Singapore must navigate the incorporation process to register their business according to the country’s laws and regulations. A critical component of this process…
Foreign companies looking to set up a business in Singapore must be aware of the Wage Credit Scheme (WCS), which is crucial for managing the wage increases of employees. The…
The Cayman Islands offers investors of all types the chance to own a company in a leading financial centre. Known for its tax-neutral approach, strong regulations, and stable government, this…
While those “in the know” understand Singapore offers much more than just an attractive tax system, it is abundantly clear that companies worldwide are primarily drawn to Singapore’s competitive tax…
The British Virgin Islands (BVI) remains a choice destination for entrepreneurs worldwide when it comes to setting up an offshore company. In recent years, the jurisdiction has seen an increase…
Doing business in Singapore means your company must comply with all the relevant regulations and laws. Corporate tax rules, for example, are especially important as they directly impact your company’s…
Singapore recognises the significance of driving innovation and growth in its business landscape. Thus, it unveiled the Enterprise Innovation Scheme (EIS) in Budget 2023. This scheme is a significant step…
