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In the ever-evolving landscape of business, staying competitive and relevant is a continuous challenge. Small and medium-sized enterprises (SMEs) often face hurdles in their quest for growth and innovation. This is where government initiatives such as the Enterprise Development Grant (EDG) come into play. The EDG is designed to provide financial support to Singaporean businesses…
The Singapore Global Enterprises (SGE) Initiative is a government-led endeavour designed to empower Singapore companies in their quest to expand their global presence. Its overarching goal is to nurture a new generation of globally competitive industry leaders with substantial international market reach, robust supply chains, and excellence in innovation and product segments. The SGE Initiative…
Singapore, known as a global business hub, offers a plethora of government grants aimed at supporting businesses in their growth and development. After incorporating your company, any kind of financial support is helpful to ensure your business grows in the desired direction. Whether you’re looking to fund new product development, expand into new markets, or…
Singapore, often referred to as the “Lion City,” stands as a shining example of a thriving metropolis known for its economic prowess, cultural diversity, and exceptional quality of life. It’s no wonder that many individuals from around the world aspire to become permanent residents (PRs) of Singapore. In this blog, we’ll delve deeper into the…
Singapore has established itself as a global business hub, attracting companies from around the world due to its strategic location, business-friendly policies, and robust infrastructure. However, with these advantages come responsibilities, and one crucial obligation for businesses operating in Singapore is the accurate and timely filing of corporate taxes. In this guide, we will delve…
Singapore, often touted as the “Lion City,” has long been an attractive destination for individuals seeking new opportunities, both in their careers and investments. The city-state’s well-developed infrastructure, stable political environment, and thriving economy make it a prime choice for foreigners looking to establish a foothold in Asia. To facilitate this, Singapore offers several Permanent…
In the complex world of corporate governance and legal compliance, two important professionals play distinct but equally vital roles: the Company Secretary and the Corporate Lawyer. These roles are often misunderstood and can be mistakenly used interchangeably, but they serve unique functions within a corporation. In this blog, we will delve into the differences between…
In the vibrant and dynamic business landscape of Singapore, every company, regardless of its size or industry, is bound by a fundamental legal requirement: the appointment of a corporate secretary. This mandate, as in the Singapore Companies Act, underscores the significance of a corporate secretary in the corporate ecosystem of the country. The role of…
Accountants have long been considered the financial gatekeepers of businesses, responsible for ensuring that financial records are accurate and tax obligations are met. However, in today’s dynamic and competitive business landscape, the role of accountants in Singapore has evolved significantly. Beyond compliance, accountants have become strategic advisors who play a crucial role in helping businesses…
A company’s financial health is not solely determined by its profitability or revenue figures. Another crucial aspect that plays a pivotal role in assessing its stability and sustainability is its cash flow. A Cash Flow Statement is an essential financial document that provides a comprehensive overview of a company’s inflows and outflows of cash over…