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Choosing the Financial-Year-End Date for Your Singapore Company

Vadim Krasovskiy December 1, 2023Accounting, Corporate Compliance

When considering the term “Financial Year End” (FYE), often, business owners automatically equate it with December 31st. However, in Singapore, companies aren’t bound by the conventional calendar year.  Once your …

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ACRAComplianceCorporate Services

Singapore Poised to Lead Southeast Asia in Digital Financial Services and Wealth Management

Vadim Krasovskiy November 16, 2023Business News, Living in Singapore

Singapore stands tall as an unparalleled business destination, boasting an array of advantages that make it an optimal choice for company incorporation. With its strategic location, strong legal framework, and …

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FinTechLifestyleSingapore FutureWhy Singapore

Singapore Regulatory Update: October 2023

Vadim Krasovskiy October 30, 2023Monthly Newsletter, Business News, Corporate Compliance, Taxation

Singapore continues to be at the forefront of innovation and regulation, demonstrating its commitment to fostering international collaboration, combating technological crimes, and strengthening financial integrity. The regulatory developments in October …

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FinTechLawsTax Rates

Why a Singapore Holding Company is a Good Idea

Vadim Krasovskiy January 18, 2022Business News, Corporate Compliance, Incentives and Grants, Taxation

Entrepreneurs must seek ways to protect their business assets. Over the years a number of strategies have been developed to help them do so. One of the most effective methods …

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Corporate ServicesIncentivesShareholdersStartups

Deciding on stock, restricted stock, or stock options for your Singapore startup company

Editor January 7, 2022Startup News, Corporate Compliance

In the early stages, company founders typically look for various ways to curb spending on labor; equity compensation may be one way to reduce ongoing costs and provide compensation to …

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ShareholdersStartups

Avoid this founder’s $10 billion mistake, incorporate in Singapore

cs-editor October 25, 2021Business News, Corporate Compliance, Startup News, Taxation

After the death of Samsung Electronics chairman Lee Kun-hee, his family faced a giant tax bill on their inheritance. Mr. Lee’s family expects to pay more than USD$10.8 billion in …

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ComplianceTaxesWhy Singapore

10 tax tips for foreigners starting a Singapore company

cs-editor October 15, 2021Taxation, Incentives and Grants

The number of businesses setting up a presence in Singapore continues to grow, in large part due to the country’s tax-friendly environment. Singapore welcomes global businesses and startups, offering a …

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IncentivesStartupsTaxes

5 common mistakes to avoid while incorporating a Singapore company

cs-editor September 27, 2021Startup News, Business News, Taxation

Singapore is well-known for offering a favorable and welcoming environment to startups. Bolstered by supportive government policies and private funding, Singapore has emerged as Asia’s preferred business hub; its position …

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FundingStartupsTaxesWhy Singapore

Global minimum tax: reforming the international taxation system

cs-editor September 4, 2021Taxation, Accounting, Business News

International tax competition has accelerated with the rise of globalization and is widely regarded as a cause for the downward spiral in the inflows of many governments. World leaders led …

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LawsTax RatesTaxes

As China tightens, businesses begin to flee Hong Kong

cs-editor April 6, 2021Business News

Although Hong Kong continues — officially — to be a special administrative region of China, with a high degree of autonomy and freedom from interference from the mainland government, the …

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ChinaHong Kong
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