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Singapore, a global hub for business and innovation, has always welcomed talented individuals from around the world. In 2023, the city-state introduced significant changes to its Employment Pass (EP) requirements through the Comprehensive Program for Attracting and Retaining Skilled Specialists (COMPASS). These changes aim to bolster Singapore’s workforce with highly skilled professionals while ensuring fair…
As a global financial hub, Singapore is home to a diverse range of organizations, including nonprofits, government entities, and charitable foundations. For these entities, managing funds efficiently and transparently is essential. Enter fund accounting – a specialized form of accounting tailored to the unique needs of organizations dedicated to specific causes. In this blog, we…
In the dynamic business landscape of Singapore, various corporate structures cater to diverse organizational needs. One such unique entity is the Public Company Limited by Guarantee (CLG). This corporate structure is distinct from the more commonly known Public Limited Company (PLC) and Private Limited Company (Pte Ltd). In this blog, we will delve into the…
In the dynamic and fast-paced business landscape of Singapore, enterprises find themselves navigating a realm marked by fierce competition and unrelenting change. In this highly competitive environment, business leaders are continually in search of innovative strategies to not only maintain their market standing but also to enhance profits. The necessity for businesses to stay ahead…
In the vibrant and competitive business landscape of Singapore, entrepreneurs are often faced with critical decisions that can shape the success of their ventures. One such decision involves the choice between using a personal bank account or opting for a dedicated business account. In this blog, we explore the pitfalls associated with relying on a…