微信:
In the dynamic landscape of business, efficient corporate governance and compliance play a pivotal role in ensuring transparency, accountability, and sustainable growth. In Singapore, a crucial figure that contributes to achieving these goals is the Company Secretary. Often regarded as the “guardian of corporate compliance,” the Company Secretary’s role extends far beyond administrative tasks. This…
With the development of new technology, shifting client expectations, and changing corporate requirements, accounting procedures have been altered over the course of time. Today, accounting encompasses much more than just ledgers and bookkeeping. Various new techniques are being embraced by accounting companies in order to keep up with the times and better meet clients’ needs.…
Running a business in Singapore, a global financial hub known for its thriving business environment requires a solid understanding of various aspects, including accounting. Whether you’re a seasoned entrepreneur or just starting out, having a grasp of essential accounting & taxation terms is crucial to managing your finances effectively. This blog post aims to provide…
The Supplementary Retirement Scheme (SRS) is a voluntary savings program that was introduced in Singapore in 2001. The scheme aims to encourage individuals to save for their retirement by providing tax benefits on contributions made to an SRS account. The SRS account complements the Central Provident Fund (CPF) system, which is the primary retirement savings…
Private equity is a type of investment that involves pooling money from private investors looking to buy stakes in businesses. Essentially, private equity is an investment in which investors will fund private companies that they believe will be able to compete in the market, in return for which they will be rewarded with capital gains…
If you are planning to set up an e-commerce business in Singapore, you also need to have a good understanding and knowledge of e-commerce accounting. It’s essential to run your business smoothly and remain operational. Also, you will be able to evaluate the financial status of your business accurately if you understand e-commerce accounting. You…
E-commerce is surging, and so is the requirement for accounting and taxation for such companies. Dealing with e-commerce accounting involves bookkeeping, invoice recording, and of course, taxes. The most challenging part of accounting is doing the taxes for your e-commerce business. Some of the transactions are multi-jurisdictional, so you must have an understanding of the…
Business is about earning profits but giving back to society can bring about social and environmental benefits. You may wonder if donations are important to the business and may even be surprised to know that they are! Donations from small businesses can actually have a big impact on the community. A donation in the form…
The Accounting and Corporate Regulatory Authority (ACRA) in Singapore has made it mandatory for certain types of companies to submit their financial statements in XBRL filing format. If your company falls under the categories specified by ACRA, you must follow the regulation and submit your financial statements in such a format. To help you comply…
Over the past few years, the business sector has taken a rather substantial knock, and all the uncertainty in these trying times has caused many businesses to suffer considerably. It is absolutely critical for businesses to have or be sourcing for funding so that they are able to invest in development strategies, build new capabilities…