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Types-of-business-structures

Type of Business Structures

Singapore, being home to over 400,0000 enterprises, allows for a variety of business structures that would meet the diverse needs of its business owners. Choosing the right type of entity is of crucial importance as this can determine your liability, expansion potential, tax, compliance cost and a whole range of other key issues critical for…

Essentials-to-starting-your-business

Essentials to Starting Your Business

Singapore, ranking second in the world for the easiest place to do business, is home to over 400,000 business entities. It is no surprise then that foreigners looking to start their business would choose this thriving metropolitan city as their base to start their operations.  Making the decision to move to a new country and…

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Permanent Residency Scheme for Investors

Foreign entrepreneurs and investors who are interested in starting or investing in a business in Singapore and looking to settle here permanently can make use of the Global Investor Programme (GIP) to acquire a Permanent Residency (PR). The GIP is aimed at attracting high net worth individuals with entrepreneurial experience into the country to boost…

Getting-a-Singapore-Citizenship

Getting a Singaporean Citizenship

The cosmopolitan and vibrant city of Singapore is home to over one million expats from different parts of the world. Diverse communities, great infrastructure, economic and political stability, supreme health care facilities and educational institutions are some of the reasons why many foreigners wish to choose Singapore to be their home. People who settle down…

All You Need to Know About Singapore Work Visas

Immigrating to a new country can be a daunting task for many and understanding the various visa options available becomes crucial to make this move. Over the years, Singapore’s liberal immigration policies have witnessed a surge in foreign talent entering the country, a key source of innovation and economic growth. Today, over one million expatriates…

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Understanding the business culture of Singapore

Foreigners looking to set up a business and relocate to Singapore may be faced with unwritten social rules and work ethics that are local to the country. Understanding the business culture of the region can help in significantly moving your business to the next level and accustom yourself and your employees to the new work…

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Why choose Singapore as your business destination?

The decision to start a business in any country requires careful consideration over factors involving infrastructure, strategic location, political and economic stability, among others. Singapore is strategically located and is one of the world’s most connected cities. This facilitates businesses to grow and expand their reach into Asia and beyond. With over 7,000 multinational corporations…

FRS 118 : Implementation Guide for Businesses In Preparation of January 2027 Effectivity Date

September 7, 2026

As business landscapes and consumer behaviors evolve, financial reporting follows suit. With the introduction of the Financial Reporting Standards (FRS) 118: Presentation and Disclosure in Financial…

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Hacking Global Business Growth Through Outsourcing

July 29, 2026

Expanding internationally is one of the most effective ways to drive growth, unlock new markets, and diversify revenue streams. In hindsight, going global brings about…

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Strengthening Internal Readiness Amidst Global Headwinds and Uncertainties

June 18, 2026

The ripple effects of rising geopolitical tensions, technological shifts and supply chain disruptions can be felt worldwide. In Singapore, particularly, business leaders reflect a more…

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Amendments to Financial Reporting Standards (FRS) 109 & 107 : Business and Audit Implications

May 12, 2026

The International Accounting Standards Board (IASB) has recently issued narrow scope amendments to address emerging issues in the financial landscape that took effect on 1…

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Expanding Beyond Singapore: Why India and South Asia Should be Your Next Move

April 28, 2026

Singapore is Asia’s most attractive business hub, scoring 2nd worldwide just behind USA on this year’s Innovator’s Business Environment Index, that ranks countries with the…

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InvoiceNow Requirement for all Singapore GST-Registered Businesses: Here’s What You Need to Know

March 23, 2026

All GST-registered businesses in Singapore will soon be required to onboard their systems with InvoiceNow. To digitalise national tax compliance, invoice data will be directly…

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Singapore Budget 2026 For Local Businesses and Foreign Investors

February 27, 2026

Singapore ended 2025 in a much stronger financial position than forecasted. The previous year’s S$15.1 billion budget surplus came more than double the estimate of…

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Frequently Asked Questions when Setting Up a Business in Singapore

February 3, 2026

Business Registration in Singapore: A Guide for Foreign Entrepreneurs (2026) Singapore remains a competitive hub for foreign investment, consistently ranking atop the world’s biggest economies.…

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A Seamless Gateway from Singapore to East Asia and Beyond

January 22, 2026

Two nations consistently sitting atop the five biggest economies in the world are in East Asia, China and Japan. Hong Kong, South Korea, and Taiwan…

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EP 200 Implementation Guidelines (IG) 1 on Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) Compliance

November 12, 2025

The Institute of Singapore Chartered Accountants (ISCA) has recently issued Ethics Pronouncement (EP) 200 Implementation Guidelines (IG)1. The guidelines provide practical know-hows for professional accountants…

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