Role And Duties Of A Non-Executive Director
Decades ago, a Non-Executive Director (NED) would have been seen as a non-active participant in the affairs of a company after its incorporation. Fast-forward to today’s business world, and there are a lot of changes in the duties and responsibilities of such a role. As the world’s business space continues to grow, there’s an increasing […]
7 Myths About Startups That Might Be Holding You Back From Incorporating Your Own Company
The culture of startups is a well-known one all over the world, and it comes with its fair share of myths. If you are considering starting a business in Singapore, you might encounter scepticism or negativity from those around you or from your community. Despite being passionate about your startup, you may find yourself seeking […]
Annual Returns vs. Financial Statements: Clarifying the Differences for Singapore Businesses
For businesses incorporated and operating in Singapore, ensuring compliance with regulatory requirements is crucial. Two essential aspects of this compliance are the annual return filing and the preparation of financial statements. While these terms might sound similar, they serve distinct purposes and play different roles in the business landscape. In this article, we’ll delve into […]
Top 10 Benefits of Outsourcing Your Company Secretary Services
One of the critical functions of any company secretary is guaranteeing compliance with corporate regulations and guidelines. They are the ones responsible for arranging and attending board meetings, recording the exact minutes, and guaranteeing that all of the company’s plans are executed lawfully. Company secretaries are also pivotal in ensuring smooth operations, legal compliance, and […]
8 Common Mistakes to Avoid During Company Incorporation in Singapore
As one of the top destinations for business and investments, Singapore now attracts businesses and entrepreneurs from all over the world. Unarguably, it is a prime site to launch enterprises due to its advantageous location, business-friendly policies, strong economy, and political stability. Despite company incorporation in Singapore is relatively a simple procedure, many aspiring business […]
How To Start A Courier Business In Singapore
The digital age has brought about a degree of industrial diversification and new job creation opportunities like never before. However, even in this era of digitalisation, certain tasks, such as getting packages from one place to another and many others like it, still require human effort. Singapore is a vast business hub with diverse industries […]
Your Guide To Starting A Consulting Business In Singapore
For the purpose of running a profitable business, Singapore has to be one of the best locations among South-East Asian countries. The nation provides a good environment for businesses to thrive, which has led to the growth and development of various sectors of the economy. One such profitable sector is the consulting industry, which is […]
All You Need to Know About Joint Ventures in Singapore
Most times, individuals and companies can do more when they come together than when working on their own. In this era of globalisation, where borders are increasingly becoming ambiguous, the consumers of any product or service can exist beyond the shores of any one country. As a result, going solo might bring less profit than […]
7 Things That Businesses Must Know About Singapore Companies Act
As home to more than thirty thousand international businesses, it is no wonder that Singapore consistently ranks high among nations with an impressive ease of doing business. In the last decade, the country hasn’t slipped past the first three nations where investors would want to set up their companies. Partly responsible for this feat is […]
Your Guide to Starting a Construction Business in Singapore
In Singapore, starting a construction company is a terrific method to fulfil your entrepreneurial dreams. As you can see, Singapore’s economy held up well during the global pandemic, having grown 1.3% in the first quarter of 2021. Even though business is now slow in the construction industry, it is nonetheless making a major contribution to […]
