Advantages of a Private Limited Company in Singapore

There are many various structures for individuals to incorporate a company in Singapore. But the best structure, in our experience, is a Private Limited Company (Pte Ltd) also known as Private…

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When is the right time to hire an accountant?

Challenges you face As a small-medium enterprise owner, you will face many challenges during daily business operations. One of the common challenges that you will face is multi-tasking. You may often…

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Can Directors And Shareholders Obtain A Loan From The Company?

A director or shareholder may obtain a loan from the company, but not without certain restrictions. In general, a director is not permitted to do so. But there are circumstances that a director or…

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Are You Liable For Company Debts As Director In Singapore?

Have you ever wonder, at the point of incorporating your company, are there any circumstances where you will be personally liable for your company's debts? The general answer will be no. That is the…

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A Guide To Corporate Tax In Singapore 2020.

For foreigners who are interested to set up companies in Singapore, one of the major draws is the competitive corporate tax rate. Political stability coupled with the ease of doing business make…

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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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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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Why Your Business Should Use Cloud-Based Accounting Software

Accounting is a time consuming yet essential exercise that you have to undertake as a business owner. With proper bookkeeping done from day 0, you will have at your fingertips the data necessary to…

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E-Invoicing Registration Grant – How To Be Eligible For It?

What is the E-Invoicing Registration Grant about? The E-Invoicing Registration Grant is an incentive to drive businesses towards digitising their businesses finance workflow. The ability to e-invoice…

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A Guide To Singapore Goods and Services Tax (GST)

A Guide To Singapore Goods And Services Tax (GST) Goods and Services Tax, commonly known as GST is a broad-based consumption tax imposed on supply of goods and services in Singapore as well as…

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