Understanding the No-Filing Service (NFS) for Tax Season 2025: What It Means for Singapore Taxpayers

Tax season can be a stressful time for many, but for eligible taxpayers in Singapore, the No-Filing Service (NFS) helps simplify the process significantly. Over 1.9 million individual taxpayers are eligible for NFS in the Year of Assessment (YA) 2025, with close to 500,000 benefitting from the Direct Notice of Assessment (D-NOA) initiative. The D-NOA…

The Rise of Family Offices in Singapore

Singapore has emerged as a powerhouse for family offices in recent years, attracting wealthy individuals and families from around the world. As of today, 50% of Southeast Asia’s top family businesses are in Singapore. This surge in family office establishments has significantly impacted the city-state’s economy and solidified its position as a global wealth management…