Singapore employment pass

An Overview Of The Singapore Employment Pass

Foreign professionals, managers, and executives who wish to work in Singapore will be required to obtain a valid employment pass. In order to be eligible for the employment pass, the foreign…

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Come July 2020, there is a requirement for companies to update the electronic non public registers of registrable controllers with ACRA.

Lodging of information on the Registers of Registrable Controllers with ACRA

The need to maintain a Register of Registrable Controller (RORC) came into effect on the 31st of March 2017 through the amendment of The Companies Act. Newly incorporated companies will be required…

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Singapore Clinched Second Spot In Asia For Ease Of Starting Business

Singapore has always prided itself as the business and financial hub of Asia, trying to oust Hong Kong for the longest time. And this time around we lost out to Hong Kong yet again, but beating…

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How to compile a company's financial statements

How to compile a company’s financial statements

One of the mandatory requirements for Singapore companies is the need to hold an Annual General Meeting within six months of the end of every financial year. At this AGM, financial statements will…

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If you are thinking of starting a company in Singapore with the goal of eventually getting a Singapore PR, here is a brief guide for you.

Will it be easier for me to get Singapore permanent residency status if I start a company in Singapore?

Living in Singapore does have its perks and there are many people who want to come to Singapore and apply for Singapore permanent residency and even eventually obtain Singapore citizenship. Singapore…

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The Register for Registrable Controllers is a mandatory requirement for Singapore companies and Limited Liability Partnerships.

What is the Register for Registrable Controllers?

The Register for Registrable Controllers is a document that lists all controllers and beneficial owners of a company. A controller is an individual or an entity that has significant interest or…

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This is why Singapore is the choice location to start your business

Singapore is known to be the top, if not one of the top financial hubs of the world. Starting from independence with only a strategic location in Asia, growing a competitive workforce over the years,…

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With more people working from home, IRAS has come up with a list of items that qualify for tax deductions when filing next year's income taxes.

Expenses incurred from working at home qualify for tax deductions

In an article by the Business Times on the 2nd of June 2020, the Inland Revenue Authority of Singapore (IRAS) informed the publisher that expenses incurred from working from home can be deducted…

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