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Singapore Regulatory Update: December 2023
Singapore remains a lively hub for businesses, attracting entrepreneurs worldwide with its favorable business environment. In December 2023, about 4,000 new companies were formed, showcasing ongoing interest in Singapore’s business …
Singapore Regulatory Update: November 2023
Singapore continues to fortify its regulatory framework, showcasing a commitment to global standards while fostering a conducive environment for business growth and innovation. In this comprehensive update, key regulatory developments …
Choosing the Financial-Year-End Date for Your Singapore Company
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 …
Singapore Regulatory Update: October 2023
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 …
Why a Singapore Holding Company is a Good Idea
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 …
Deciding on stock, restricted stock, or stock options for your Singapore startup company
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 …
Avoid this founder’s $10 billion mistake, incorporate in Singapore
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 …
Singapore implements a central register of company controllers
Several new compliance initiatives were announced by the Chartered Secretaries Institute of Singapore and the Accounting and Corporate Regulatory Authority (ACRA) at two joint sessions in February. These include implementing …
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 …