微信:
Did you file your GST returns yet? If not, file your GST returns as soon as possible. GST-registered Companies in Singapore All GST-registered companies must file their GST returns. Otherwise, a strict penalty may be imposed on them. In Singapore, GST-registered businesses are required to submit their GST returns and pay the due amount…
Starting from 1 January 2019, customer accounting for prescribed goods has been implemented in Singapore. The intention behind this GST update was to prevent fraud schemes where sellers mishandle the GST collected even though other businesses in the supply chain claim the input tax. Prescribed goods include items such as off-the-shelf software, mobile phones, and…
The Singapore government rewards and compensates individuals for their efforts with various personal tax reliefs and rebates. These reliefs and rebates are used to encourage family formation and filial piety, as well as certain skills development for individuals serving in the National Service or saving for retirement. Need help with your personal income tax?…
Everyone knows running a business is no child’s play. One needs to take care of every big and small task to make sure that the business is on track as well as successful. While some aspects require a human touch, some can be automated. Finance and accounting is one such business process that can and…
The cultures of Singapore reflect in both food and cuisines. Although some foreigners may not derive total satisfaction from the Halal version of famous cuisines, it pays a restaurant in Singapore to be Halal-certified since a portion of Singapore population practice Islam. Majority of the people in the country also love the Halal version of…
Before a restaurant can be set up in Singapore, the start-up phase of a F&B restaurant business will involve the following aspects: Company Incorporation Food Shop License Halal Eating Establishment Scheme Hiring Staff and CPF Registration Liquor License Entertainment License GST Registration Registration to import food Appliances and Processed Food Products Company Incorporation The…
The food and beverage industry captures a lucrative market. Especially in Singapore, it is a booming industry. Heart of Asia, Singapore caters to locals and visitors with a diverse palette of mouth-watering delicacies. This comprehensive guide is tailored to entrepreneurs looking to take advantage of Singapore’s vibrant food scene by establishing a cafe business. …
Singaporeans have access to different types of investment vehicles that they can use to grow their wealth and secure their future. If you’re a casual or newbie trader or if you lead a busy lifestyle, then you’re probably more interested in putting your money in a type of investment that will not require much of…
Setting up a business can be exciting, but getting it off can sometimes be challenging. The early-stage mortality rate among startups is high. There are several reasons for such a higher rate; however, poor financial management is usually at the top. 💡 Learn the mistakes to avoid. Read 20 mistakes SMEs make that can lead…
Businesses with disregarded financials have an extreme hindrance on the lookout, and regularly neglect to make maintainable progress. With that being the situation, we might want to cause the notice to 3 monetary components of your organization that can be effortlessly made with a touch of consideration, yet can imperil the endeavor if not oversaw…