Industry Insights
Legal & Compliance
Reasons Why ACRA Might Reject Your Company Registration Application
There’s no gainsaying that Singapore remains one of the best destinations to do business in Southeast Asia. As such, many
Routine Secretarial Services
According to the Companies Act, every company based in Singapore is required to appoint a Company Secretary. A Company Secretary’s
Foreigner's corner
Can Foreigners Start a Company in Singapore?
The short answer to that is yes; foreigners can incorporate a company in Singapore. But
Comparing Employment Pass (EP) and EntrePass: What’s the Difference?
Singapore is a popular destination among foreigners, not only for tourism but also for migration
Responsibilities of a Singapore Company Director
In this article, we shall talk about the responsibilities of a company director. Also, we
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
Starting A Trading Company in Singapore (Import & Export)
Various merchants worldwide use Singapore as a ‘port of entry,’ particularly those operating in the
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
Founder & Startup Guides
How to Buy an Existing Business in Singapore?
Compared in an international perspective, Singapore is recognized as a global business hub and has been pulling individuals, investors, and companies in for several years now. Not only are multinational companies setting up shop in Singapore, but hundreds of thousands of local small and medium enterprises are joining in to
Starting An Employment Agency in Singapore
An employment agency assists other businesses with their staffing and recruitment needs. In other words, they serve as intermediaries between employers and potential employees. Such firms specialize in the placement of both foreign and domestic candidates in positions ranging from entry-level to executive. Foreigners have long been in high demand
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,
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
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
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
How To Change Your Company Secretary In Singapore
Once incorporated, companies must appoint a company secretary in Singapore within six months if they don’t want to violate the Accounting and Corporate Regulatory Agency’s (ACRA) requirements for their operations. Company secretaries ensure that the companies they work for comply with regulatory requirements. They also help board members understand their
Exploring the Dynamic Landscape: Types of Business Models for E-commerce 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.
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
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
Decoding the Fiscal Year: A Comprehensive Guide 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.
