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Legal & Compliance

Understanding XBRL Filing Requirements and Deadlines for Companies 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.

Appointing An Auditor

In Singapore, all companies are required to appoint an auditor after three months of incorporation unless they are exempted under

Foreigners & Cross-Border Business

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Founder & Startup Guides

Startup

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,

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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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Nominee Director

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 company’s board right from the date of incorporation. Furthermore, even after companies have been incorporated, they must continue to have at least one resident director on their company’s board every

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local-public-company

Types of Local Public Companies in Singapore

In a world brought together by technology and fast transportation, businessmen and investors are always looking for new ventures and investment options. A market that has time and time again proven to be quite the successful market in Singapore. And while part of the success can be attributed to the

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ACRA and Its Functions

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

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