Several new compliance initiatives were announced by the Accounting and Corporate Regulatory Authority (ACRA) and the Chartered Secretaries Institute of Singapore at two joint sessions in February. These include implementing …
Singapore announces changes to Employment Pass visa scheme
As part of Singapore’s review of the foreign workforce in the country and measures for the protection of local workers, the Ministry of Manpower has launched a number of changes …
Updates on Singapore’s efforts to prevent spread of COVID-19
Coronavirus in Singapore The rapid spread of the novel coronavirus — Covid-19 — has raised alarm bells all over the world. The first case involving the previously unknown, pneumonia-like Covid-19 …
India Drops Dividend Distribution Tax; Singapore FDI now Favored
In its latest budget, the Indian government has launched several tax reforms aimed at reviving the country’s economy and improving the investment climate. These include slashing the corporate tax rate …
Residents of Turmoil-ridden Hong Kong seek relief in Singapore
Over the past year, Hong Kong has been roiled by on-going violent protests. The turmoil and its underlying political and economic problems are affecting the business climate of the city. …
Importance of choosing the right company secretarial firm for your Singapore company
The recent news about a corporate service provider who cheated on KYC checks of banks by hiding the ultimate beneficial owners of companies highlights the severity of the risks in …
Recent regulatory changes affecting companies incorporated in Singapore
In the last few months, the Singapore government has implemented a series of legislative changes, signed new international agreements, deployed new online services, and introduced new incentives for entrepreneurs — …
A step-by-step procedure for setting up a new Singapore company
This post is a further guide to our main article on setting up a Singapore company and provides a handy checklist of tasks and procedures for registering a Singapore company. Stage …
Singapore’s new “Fake News” law and its likely impact on your business
Since the 2016 US Election, “fake news” has dominated discussions in political, technology, and media circles across the globe. It is a contentious issue that requires a nuanced balance between …
Singapore on track to become the de-facto FinTech, Crypto and Blockchain Haven
The just completed FinTech Festival underscores Singapore’s commitment to its FinTech sector as a strategic area of growth. The week-long event was sponsored by MAS — the country’s financial regulator …
