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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…
Filing corporate taxes in Singapore involves submitting tax return forms C or C-S. The forms must be completed and submitted to the IRAS within a timeframe. (Find out other IRAS compliance here.) Before you delve into details of how to fill-up each type of form, it is important to understand what each one is. …
Over the years, Singapore has earned a reputation for its favourable regulatory environment for import-export businesses. The country’s business-friendly nature and strategic location have facilitated a business-friendly environment for the growth of trading companies. For international investors who wish to import or export products to and from Singapore, has no better place to be than…
Singapore is a bustling business hub in Asia, and for all the right reasons. Thanks to globalization, a significant portion of the country’s income is derived from overseas. Most of this foreign-sourced income, as well as all income earned in Singapore, are subject to corporate tax. Oftentimes, foreign income will not only be taxable in…
Just like many other countries, Singapore uses its own corporate tax system, and all companies in the country have Singapore company tax number. Singapore uses the one-tier corporate tax system so that stakeholders won’t pay tax twice. The rate of corporate income tax has remained at a flat rate of 17% since 2010. Tax is…
Laptop is part of the tools that SMEs need to improve their digitalization and productivity efforts. The government of Singapore has decided to assist SMEs to get laptops cheaply by offering grants to eligible SMEs. Government Grant for laptop Laptop is one of the devices that business owners need to enhance productivity. During the…
