Industry Insights
Legal & Compliance
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
How to Issue Share Certificates for Singapore Companies
Issuing share certificates is an important step during company incorporation. As your company grows larger and becomes more successful, you
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.
Benefits of Starting a Holding Company in Singapore
An excellent place to start when creating your international holding structure is by forming a
Starting An Education Center in Singapore
As one of Singapore’s prospective growing industries, the education industry plays a critical role in
How to Register a Company in Hong Kong: The Complete Guide
Hong Kong remains one of the most business-friendly economies in Asia, known for its low
All You Need to Know About the Global Investor Program (GIP) 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.
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.
Force Strike-Off by ACRA: What It Means When Your Company Is Gazetted to Be Struck-Off in Singapore
Starting a business in Singapore is much more than handling daily operations and driving growth.
Founder & Startup Guides
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
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
What is ACRA and Its Functions?
The Accounting & Corporate Regulatory Authority of Singapore (ACRA) takes care of the registration process for business entities in Singapore. In Singapore, ACRA is also known as the Registrar of Companies. Both of these terms are used interchangeably for the same entity. The merger of the Public Accountants’ Board with
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
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
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
What are the Key Considerations for a Registered Office Address in Singapore?
You have to follow many mandatory requirements when establishing your business in Singapore. The purpose of those mandatory requirements is to keep your entity compliant with Singapore regulations. Section 142(1) of the Companies Act, Cap. 50 makes it mandatory for all companies to have a duly registered office address in
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
Refined Workflow
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
Payroll Management – Should SMEs Outsource It?
Time is an invaluable resource that small businesses must protect at all costs. But there’s also another critical resource that’s as important as time – money. So when deciding on their payroll management, they get caught in between these two resources. They don’t understand that money and time are interrelated.
Grants and Schemes in Singapore To Support Startups
Like small businesses, startups are essential components of a nation’s economy. With sustained economic growth, Singapore remains one of the best countries in Asia for startups. The country provides adequate infrastructure, financing schemes, cash grants, and tax incentives for startup businesses. To show its commitment to the cause, the government
