Singapore Government News

Starting a business is an exciting venture, filled with hopes and aspirations. However, not every business journey leads to everlasting success. Sometimes, despite the best efforts, circumstances arise that necessitate the closure of a company. In Singapore, a global hub for business and innovation, the process of closing a company is well-structured and guided by…

In the fast-paced world of startups, navigating the complexities of financial management is crucial for sustainable growth and success. Singapore, known for its vibrant startup ecosystem, offers a fertile ground for budding entrepreneurs to incorporate their businesses and flourish. However, amidst the excitement of launching innovative products and services, many startups overlook the importance of…

In the dynamic landscape of corporate governance, the role of directors is pivotal. Their expertise, decisions, and guidance shape the trajectory of businesses. In Singapore, a global business hub known for its robust regulatory framework and favourable business environment, the remuneration of directors, particularly non-resident directors, is a topic of significance. In this blog, we…

Singapore, a global hub for business and innovation, has always welcomed talented individuals from around the world. In 2023, the city-state introduced significant changes to its Employment Pass (EP) requirements through the Comprehensive Program for Attracting and Retaining Skilled Specialists (COMPASS). These changes aim to bolster Singapore’s workforce with highly skilled professionals while ensuring fair…

As a global financial hub, Singapore is home to a diverse range of organizations, including nonprofits, government entities, and charitable foundations. For these entities, managing funds efficiently and transparently is essential. Enter fund accounting – a specialized form of accounting tailored to the unique needs of organizations dedicated to specific causes. In this blog, we…

In the dynamic business landscape of Singapore, various corporate structures cater to diverse organizational needs. One such unique entity is the Public Company Limited by Guarantee (CLG). This corporate structure is distinct from the more commonly known Public Limited Company (PLC) and Private Limited Company (Pte Ltd). In this blog, we will delve into the…

In the dynamic and fast-paced business landscape of Singapore, enterprises find themselves navigating a realm marked by fierce competition and unrelenting change. In this highly competitive environment, business leaders are continually in search of innovative strategies to not only maintain their market standing but also to enhance profits. The necessity for businesses to stay ahead…

In the vibrant and competitive business landscape of Singapore, entrepreneurs are often faced with critical decisions that can shape the success of their ventures. One such decision involves the choice between using a personal bank account or opting for a dedicated business account. In this blog, we explore the pitfalls associated with relying on a…

Singapore, renowned for its vibrant economy and business-friendly environment, has become a hub for global enterprises. However, success in this dynamic market requires more than just entrepreneurial spirit and strategic planning; it demands a thorough understanding and adherence to the statutory compliance requirements. In this blog post, we delve into the essential aspects of statutory…

In the bustling and dynamic business landscape of Singapore, choosing the right business structure is a critical decision that can significantly impact your company’s success. Whether you’re a budding entrepreneur or an established business owner looking to expand into Singapore, understanding the various business structures available is essential. This blog aims to provide a comprehensive…

Starting a business is an exciting venture, filled with hopes and aspirations. However, not every business journey leads to everlasting success. Sometimes, despite the best efforts, circumstances arise that necessitate the closure of a company. In Singapore, a global hub for business and innovation, the process of closing a company is well-structured and guided by…

In the fast-paced world of startups, navigating the complexities of financial management is crucial for sustainable growth and success. Singapore, known for its vibrant startup ecosystem, offers a fertile ground for budding entrepreneurs to incorporate their businesses and flourish. However, amidst the excitement of launching innovative products and services, many startups overlook the importance of…

In the dynamic landscape of corporate governance, the role of directors is pivotal. Their expertise, decisions, and guidance shape the trajectory of businesses. In Singapore, a global business hub known for its robust regulatory framework and favourable business environment, the remuneration of directors, particularly non-resident directors, is a topic of significance. In this blog, we…

Singapore, a global hub for business and innovation, has always welcomed talented individuals from around the world. In 2023, the city-state introduced significant changes to its Employment Pass (EP) requirements through the Comprehensive Program for Attracting and Retaining Skilled Specialists (COMPASS). These changes aim to bolster Singapore’s workforce with highly skilled professionals while ensuring fair…

As a global financial hub, Singapore is home to a diverse range of organizations, including nonprofits, government entities, and charitable foundations. For these entities, managing funds efficiently and transparently is essential. Enter fund accounting – a specialized form of accounting tailored to the unique needs of organizations dedicated to specific causes. In this blog, we…

In the dynamic business landscape of Singapore, various corporate structures cater to diverse organizational needs. One such unique entity is the Public Company Limited by Guarantee (CLG). This corporate structure is distinct from the more commonly known Public Limited Company (PLC) and Private Limited Company (Pte Ltd). In this blog, we will delve into the…

In the dynamic and fast-paced business landscape of Singapore, enterprises find themselves navigating a realm marked by fierce competition and unrelenting change. In this highly competitive environment, business leaders are continually in search of innovative strategies to not only maintain their market standing but also to enhance profits. The necessity for businesses to stay ahead…

In the vibrant and competitive business landscape of Singapore, entrepreneurs are often faced with critical decisions that can shape the success of their ventures. One such decision involves the choice between using a personal bank account or opting for a dedicated business account. In this blog, we explore the pitfalls associated with relying on a…

Singapore, renowned for its vibrant economy and business-friendly environment, has become a hub for global enterprises. However, success in this dynamic market requires more than just entrepreneurial spirit and strategic planning; it demands a thorough understanding and adherence to the statutory compliance requirements. In this blog post, we delve into the essential aspects of statutory…

In the bustling and dynamic business landscape of Singapore, choosing the right business structure is a critical decision that can significantly impact your company’s success. Whether you’re a budding entrepreneur or an established business owner looking to expand into Singapore, understanding the various business structures available is essential. This blog aims to provide a comprehensive…