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Financial Services Business

How to Start a Financial Services Business in Singapore

In the ever-evolving corporate landscape, the role of a company secretary has undergone significant transformation over the years. Traditionally seen only as providers of administrative support, company secretaries have by now become indispensable strategic partners in ensuring corporate governance and compliance.

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SSIC Code

Why is it Important for Companies to Choose the Right SSIC Code?

The government utilises the Singapore Standard Industrial Classification (SSIC) to examine economic activities and population, household, and industrial censuses in Singapore. The SSIC code, which is based on the fundamental structure and tenets of the International Standard Industrial Classification of All Economic Activities, requires corporations to first register (ISIC). The

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Types of Business Structure

Business Incorporate: Types of Business Structure in Singapore

The large-scale trade networks and remarkable government leadership in Singapore made the country an attractive place to set up a business. Its great economic prosperity is further reinforced by private limited companies, multinational corporations, and growing entrepreneurs. Why Should You Incorporate Your Company in Singapore? Why, indeed, should you choose

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company-limited-by-guarantee

Company Limited by Guarantee

In Singapore, forming a Company Limited by Guarantee (CLG) is a simple and cost-effective process. For foreign nationals or entities in the city, starting a CLG is one of the most popular options for a non-profit organisation. CLGs are not suited for members seeking a return on their assets through

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Choosing the Appropriate Business Structure 1

Choosing the Appropriate Business Structure

The form of ownership is a crucial business element that doesn’t receive enough emphasis. The type of business structure may influence your business’s longevity, growth, and success. Therefore, in-depth and lengthy consideration needs to be given to the matter before making a decision. This article seeks to break down the

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starting an ecommerce business in singapore

Starting An e-Commerce Company in Singapore

It’s no secret that Singapore’s online-based enterprises have grown rapidly in recent years, to the point that they now generate billions of dollars annually. According to a report by Facebook and management consultancy Bain & Company, the country’s e-Commerce income is expected to reach US$10 billion (S$13.4 billion) by the

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appointing an auditor

Appointing An Auditor

In Singapore, all companies are required to appoint an auditor after three months of incorporation unless they are exempted under the Company Act. It is vital that the company appoints an auditor not only because it is mandatory but also to ensure that the company complies with the tax laws

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Manage Bookkeeping

Simple Tips to Manage Bookkeeping on Your Own

Bookkeeping is a critical task a small business owner should not overlook. Bookkeeping may seem to be a difficult chore if you are starting your own small business, but still, it must be attended to. Sometimes, it may get overwhelming, especially because a small-scale entrepreneur often has to play so

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