Who are the Officers of a Company in Singapore?
The duties of officers in Singapore-incorporated corporations are prescribed by the country’s Accounting and Corporate Regulatory Authority (ACRA). The following description lays out who they are and what their roles include, even though they each bear numerous responsibilities to ensure that all businesses abide by the Singapore Company Law. According to the Companies Act, Who […]
Should You Buy a Commercial Property Under Your Corporate Entity in Singapore?
Acquiring a property is a big step for anyone, and many people in Singapore would consider it only as an opportunity when it comes to residential properties, but what if there was more to it, particularly for companies wanting to grow themselves? Could owning a commercial property through a corporate entity be the solution you […]
All You Need to Know About Starting a Travel Agency in Singapore
As a tourist, you are one of the most important assets to almost any country. According to the United Nations World Tourism Organization, tourism generates an estimated 3.2% of the world’s GDP. It is a key driver of jobs and economic growth and a major source of foreign exchange for many countries. Well, Singapore is […]
Benefits of Starting a Holding Company in Singapore
An excellent place to start when creating your international holding structure is by forming a holding company in Singapore. To grow their operations and also reduce taxable income, numerous multinational organisations have constructed their own holding structures throughout the world, including Singapore. Numerous industry behemoths, like Berkshire Hathaway, DBS Group, and Alphabet (Google), have established […]
Singapore’s Startup Ecosystem – Trends and Statistics
Singapore’s economy is undeniably thriving, but even so, its start-up ecosystem is exceptional and deserves special recognition. Various startup companies have flocked to the country with significant capital, making investments in various sectors of the economy. The trend has also seen multinationals invest and launch vibrant new lines of business, all of which have increased […]
Should You Open A Wise Account In Singapore For Your Business?
Over 15 million individuals and businesses use Wise for local and international remittances. The UK fintech company, which started as TransferWise in 2011, now performs over £9 billion in monthly remittances in some 70 countries. Singapore is among the Asian countries to enjoy the full services of this payment solution, including the option of spending […]
Why Should You Still Consider Holding Virtual AGMs?
With COVID-19 and its attendant restrictions out of the way, many companies are now back to their usual ways of conducting business. Virtual meetings are fading away, including virtual AGMs and companies are slowly moving back to holding face-to-face meetings. Most economies are also recovering from lockdown setbacks, and offices are now as busy as […]
All You Need You Know About Starting a Retail Business in Singapore
Starting a business in Singapore is relatively simple and straightforward. The only complex and critical part for many aspiring entrepreneurs is identifying the types of licenses and permits you require to start a retail business. Singapore is probably one of the best places in Asia to launch a retail business, as it is one of […]
Planning to Start Your Business in Singapore? Here is Everything You Need To Know About Startup Costs in Singapore
The prospect of starting either a small or large business in Singapore can be very appealing. Over the years, the country has proven to be an excellent place for businesses to thrive in because of its favourable policies and measures. And many prospective local and international business owners have made serious attempts to establish themselves […]
Why Do You Need Singpass When Incorporating Your Business in Singapore?
Entrepreneurs and business owners flock to Singapore to set up their companies for one main reason: it has one of the world’s most rational and simplest tax systems. Incorporating and setting up your business in Singapore is a simple process – here’s how: Understand the requirements Collect all supporting documents needed and decide on the […]
