In light of OECD’s enhanced compliance guidelines and changes in technology in January 2018 the Accounting and Corporate Regulatory Authority (ACRA) initiated an extensive review of the country’s corporate laws …
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 …
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 …
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. …
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 leads the OECD Push for a clean international financial sector
Every country has a duty to confront threats that can compromise the integrity of the international financial system. Singapore, as one of the most important financial hubs in the world, …
“Business-friendly policies” tops the wish list of global entrepreneurs – 2019 survey
The top priority for entrepreneurs looking for the right location to launch their startup is a business-friendly environment and supportive government policies, according to a recent survey conducted by CorporateServices.com …
Director fined for non-compliance with Singapore Companies Act
On 21 February 2019, the Singapore state courts fined a company director a record amount of $113,400 for 54 charges. The director Tan Hang Song was previously found guilty on …
5 things that can get your Singapore company in trouble with ACRA
The Accounting and Regulatory Authority of Singapore (ACRA) is the government agency that oversees the registration and regulations of all Singapore companies. While ACRA works hard to make it easy …
A Quick Guide to Singapore Company Registrar – ACRA
This guide provides quick answers to the most frequently asked questions about the Accounting and Corporate Authority of Singapore, also known as ACRA. Related Links How to register a company …