Singapore Government News

All About Remuneration of Non-resident Director and How Is It Taxed in Singapore

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…

FAQs About Singapore’s New Employment Pass (EP) Requirements – COMPASS

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…

Fund Accounting: Understanding the Core Concepts

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…

Exploring the Framework of Public Companies Limited by Guarantee (CLG) in Singapore

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…

Unlocking Enterprise Growth: 11 Strategic Hacks to Boost Profits in Singapore

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…

The Pitfalls of Relying on a Personal Bank Account for Your Business in Singapore

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…

Statutory Compliance Requirements in Singapore For Companies

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…

A Guide to Determining the Ideal Business Structure for Company Incorporation in Singapore

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…

FAQs on Starting a Business in Singapore: Your Comprehensive Guide for 2024

Starting a business in Singapore can be an exciting venture, given its strategic location, robust economy, and business-friendly environment. However, like any entrepreneurial journey, it comes with its set of questions and challenges. In this blog, we’ll address frequently asked questions (FAQs) to help aspiring entrepreneurs navigate the process of establishing a business in Singapore.…

Embarking on a Franchise Venture in Singapore: Key Considerations to Reflect on Before Diving In

Embarking on a franchise venture in Singapore can be an exciting and rewarding journey, but achieving success in such a venture requires careful consideration of various factors. Whether you’re a seasoned entrepreneur or a newcomer to the business world, understanding the unique dynamics of the Singaporean market is one of the crucial factors for success.…

All About Remuneration of Non-resident Director and How Is It Taxed in Singapore

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…

FAQs About Singapore’s New Employment Pass (EP) Requirements – COMPASS

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…

Fund Accounting: Understanding the Core Concepts

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…

Exploring the Framework of Public Companies Limited by Guarantee (CLG) in Singapore

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…

Unlocking Enterprise Growth: 11 Strategic Hacks to Boost Profits in Singapore

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…

The Pitfalls of Relying on a Personal Bank Account for Your Business in Singapore

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…

Statutory Compliance Requirements in Singapore For Companies

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…

A Guide to Determining the Ideal Business Structure for Company Incorporation in Singapore

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…

FAQs on Starting a Business in Singapore: Your Comprehensive Guide for 2024

Starting a business in Singapore can be an exciting venture, given its strategic location, robust economy, and business-friendly environment. However, like any entrepreneurial journey, it comes with its set of questions and challenges. In this blog, we’ll address frequently asked questions (FAQs) to help aspiring entrepreneurs navigate the process of establishing a business in Singapore.…

Embarking on a Franchise Venture in Singapore: Key Considerations to Reflect on Before Diving In

Embarking on a franchise venture in Singapore can be an exciting and rewarding journey, but achieving success in such a venture requires careful consideration of various factors. Whether you’re a seasoned entrepreneur or a newcomer to the business world, understanding the unique dynamics of the Singaporean market is one of the crucial factors for success.…

All About Remuneration of Non-resident Director and How Is It Taxed in Singapore

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…

FAQs About Singapore’s New Employment Pass (EP) Requirements – COMPASS

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…

Fund Accounting: Understanding the Core Concepts

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…

Exploring the Framework of Public Companies Limited by Guarantee (CLG) in Singapore

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…

Unlocking Enterprise Growth: 11 Strategic Hacks to Boost Profits in Singapore

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…

The Pitfalls of Relying on a Personal Bank Account for Your Business in Singapore

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…

Statutory Compliance Requirements in Singapore For Companies

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…

A Guide to Determining the Ideal Business Structure for Company Incorporation in Singapore

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…

FAQs on Starting a Business in Singapore: Your Comprehensive Guide for 2024

Starting a business in Singapore can be an exciting venture, given its strategic location, robust economy, and business-friendly environment. However, like any entrepreneurial journey, it comes with its set of questions and challenges. In this blog, we’ll address frequently asked questions (FAQs) to help aspiring entrepreneurs navigate the process of establishing a business in Singapore.…

Embarking on a Franchise Venture in Singapore: Key Considerations to Reflect on Before Diving In

Embarking on a franchise venture in Singapore can be an exciting and rewarding journey, but achieving success in such a venture requires careful consideration of various factors. Whether you’re a seasoned entrepreneur or a newcomer to the business world, understanding the unique dynamics of the Singaporean market is one of the crucial factors for success.…