Industry Insights
Legal & Compliance
What is a Nominee Director and Why Might I Need to Use One?
Singapore’s Companies Act makes it mandatory for all Singaporean incorporated companies to have at least one resident director on their
Dormant Company
A dormant company in Singapore is a company that has been registered but has not received any income or transactions.
Foreigner's corner
Key Considerations for Foreign Entrepreneurs Incorporating in Singapore
Singapore, often referred to as the “Lion City,” has emerged as a global hub for business and innovation. It offers a welcoming environment for foreign entrepreneurs looking to establish their presence in Asia.
Nominee Directorship in Singapore: Legal Requirements, Costs, Risks & How It Works
Singapore remains one of the world’s most attractive hubs for business incorporation — thanks to
Why Incorporating a Business in Hong Kong Is a Good Decision
Hong Kong has long been recognised as one of the world’s most business-friendly jurisdictions. Strategically
All About Private Limited Companies in Singapore
When embarking on your journey to set up a business in the booming South East
How to Start a Law Firm in Singapore?
With Singapore’s Ministry of Law’s recent call for applications under the Qualifying Foreign Law Practice
How to Start a Cleaning Business in Singapore: A Step-by-Step Guide
Thinking of incorporating a business in Singapore? Starting a cleaning business in Singapore can be
A Foreigner’s Guide on Singapore’s Income Tax
Singapore is home to a lot of foreigners, and for good reasons. But being new
Founder & Startup Guides
Nominee Directorship in Singapore: Legal Requirements, Costs, Risks & How It Works
Singapore remains one of the world’s most attractive hubs for business incorporation — thanks to its stable political environment, strong legal framework, and pro-business policies. However, one recurring hurdle for foreign entrepreneurs is meeting Singapore’s local director requirement that at least one director must be a Singapore resident. One solution
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
33 Money Making Jobs You can Work from Home
Work from home or remote working used to be a far-fetched dream for many. However, due to the Covid-19 outbreak, it is now a more common practice. While some companies are able to continue their business operations through working from home, others are forced to shut down or retrench some
Establishing a Singapore-based Exempt Private Company
An Exempt Private Company, commonly called EPC, is a private limited company with 20 members or fewer. Generally, shares of an EPC are not beneficial to any other corporate entities. If you are looking to invest in Singapore, setting up an EPC may be a good idea. In this article,
Why Entrepreneurs should Prioritize Cash Flow over Profit?
Some e-commerce business owners believe that profit is more important than cash flow. In case you have the same belief, it is time for you to change your mind as we are about to enlighten you on the importance of cash flow. Imagine this scenario. If a businessman sells most
First 8 People to Hire After Incorporating Your Business
Now that you have incorporated your business, the next thing you need to do is gather a team. But, you are not sure who to hire first? Well, you have come to the right place! To run a business, you would need a team with reliable and qualified members, all
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
How to Choose a Financial Year End Date for Your Company in Singapore
Choosing a Financial Year End date for your company is one of the most important things that you need to do after your company has been successfully incorporated. This date will serve as the date in which your corporate fillings and taxes are due. What is the meaning of Financial
Refined Workflow
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
Corporate Income Tax 2021: COVID-19 Support Offers Longer Instalment Plans
If COVID-19 has affected the business you set up, you might find it hard to pay tax. At this particular period, many businesses are finding it hard to pay their taxes due to how the pandemic affected the economy negatively. If you are part of those struggling to pay their
Common Business Functions Companies Should Outsource
Companies often obtain products or services from reliable outside providers rather than dealing with them in-house, which is called outsourcing. Most businesses outsource their operations as it allows them to get more work done when tasks are left to be handled by professionals. This gives businesses time to focus on
