Singapore

Tax Changes as Covered in Singapore Budget 2023

Tax Changes as Covered in Singapore Budget 2023   Finance and Deputy Prime Minister Lawrence Wong’s budget speech 2023 has touched on vital key points to look forward to in 2023 as the government laid out plans to fuel internal revenue sources through taxes whilst providing support to those struggling to adjust to post-pandemic norms…

Singapore

Crash Course in Singapore’s Income Taxation

Crash Course in Singapore’s Income Taxation (2023)   As the deadline for filing and paying income taxes is fast approaching there will be a plethora of tax vocabularies and computation that will come along your way. Most may confuse you and may hinder your understanding of your taxes and the benefits you can enjoy. This…

Singapore

Industry Roundup: Important Updates and Reminders

Industry Roundup: Important Updates and Reminders   The global economy is rocked by waves of uncertainties. The International Monetary Fund (IMF) has generated a forecast for global growth to fall from an estimated 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024. True enough, businesses across industries grapple with steep debt interest rates, rising…

Singapore

Final GST Rate Change Effective 01 January 2024—What does this mean for your Business

Final GST Rate Change Effective 01 January 2024-What does this mean for your Business   In his Budget 2022 Speech, Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, announced the increase in Goods, and Services Tax (GST) rates that will take effect from 7% to 8% starting 01 Jan 2023; and 8% to 9% with…

Singapore

Singapore Standards in Auditing – Audits of Group Financial Statements

Singapore Standards in Auditing (SSA) 600 Special Consideration – Audits of Group Financial Statement   Effective 15, December 2023, the revised Singapore Standards in Auditing (SSA) 600 Special Considerations on Audit of Group Financial Statements will be the governing guidelines for an audit of group financial statements, including the circumstances when component auditors are involved.…

Hiring-Employees

Hiring Employees: All You Need to Know

Singapore has evolved into a global hotspot for talent, ranking #2 overall in the Global Talent Competitiveness Index 2021. Individual and foreign companies who have set up their offices on this island city will find themselves open to a pool of quality talents including professionals in multidisciplinary fields, skilled and semi-skilled labour to boost their…

Government-Grants

Government Grants to Help Your Business

Singapore has long been promoting an economy that encourages investors and entrepreneurs to bring forth innovative ideas and business solutions. Some of the many programs the Singapore Government has introduced to support businesses include varied incentive grants and schemes to help them upgrade their digital systems, support innovative ideas, and attract global talent, among many…

Office-Space

A Guide to Office Spaces in Singapore

Entrepreneurs and foreign companies who have made the decision to start or expand their business in Singapore can choose from a wide range of office space options available in the city. Commercial properties offer varied leasing and buying opportunities depending on the kind of location and features you are looking for. Before beginning your search, consider the following questions: Do I…

Tax Changes as Covered in Singapore Budget 2023

September 17, 2023

Tax Changes as Covered in Singapore Budget 2023   Finance and Deputy Prime Minister Lawrence Wong’s budget speech 2023 has touched on vital key points…

Read More

Crash Course in Singapore’s Income Taxation

September 17, 2023

Crash Course in Singapore’s Income Taxation (2023)   As the deadline for filing and paying income taxes is fast approaching there will be a plethora…

Read More

Industry Roundup: Important Updates and Reminders

September 17, 2023

Industry Roundup: Important Updates and Reminders   The global economy is rocked by waves of uncertainties. The International Monetary Fund (IMF) has generated a forecast for global…

Read More

Final GST Rate Change Effective 01 January 2024—What does this mean for your Business

September 17, 2023

Final GST Rate Change Effective 01 January 2024-What does this mean for your Business   In his Budget 2022 Speech, Deputy Prime Minister and Minister…

Read More

Singapore Standards in Auditing – Audits of Group Financial Statements

September 12, 2023

Singapore Standards in Auditing (SSA) 600 Special Consideration – Audits of Group Financial Statement   Effective 15, December 2023, the revised Singapore Standards in Auditing…

Read More

Hiring Employees: All You Need to Know

May 6, 2023

Singapore has evolved into a global hotspot for talent, ranking #2 overall in the Global Talent Competitiveness Index 2021. Individual and foreign companies who have…

Read More

Government Grants to Help Your Business

May 6, 2023

Singapore has long been promoting an economy that encourages investors and entrepreneurs to bring forth innovative ideas and business solutions. Some of the many programs…

Read More

A Guide to Office Spaces in Singapore

May 6, 2023

Entrepreneurs and foreign companies who have made the decision to start or expand their business in Singapore can choose from a wide range of office space options available…

Read More