Singapore continues to demonstrate its commitment to maintaining a dynamic and resilient economic environment by consistently updating its regulations. These changes reflect the government’s ongoing efforts to balance stringent oversight …
Singapore Regulatory Update: July 2024
Singapore continues to be the most attractive business hub for entrepreneurs worldwide. In July 2024 alone, about 4,100 new companies were registered, underscoring the city-state’s dynamic business environment. To maintain …
Singapore Regulatory Update: June 2024
Below are the highlights of key developments that shaped Singapore’s economic and regulatory landscape in June, including a new AI talent scheme with the United States, renewed capital markets cooperation …
Singapore Regulatory Update: May 2024
Singapore remains a vibrant hub for businesses, attracting entrepreneurs worldwide with its favorable business environment. In May 2024, 4,724 new companies were formed, showcasing ongoing interest in Singapore’s dynamic business …
What’s Changed in Singapore Employment Pass Approvals in 2024: A Closer Look
In this blog post, we will explore the recent developments in Employment Pass approvals, evaluating shifts and trends, identifying common rejection reasons, and discussing strategies to enhance approval chances.
Avoid Penalties: Compliance Deadlines for Singapore Companies in 2024
Don’t miss key 2024 compliance dates! Our must-read blog-post outlines all corporate and tax compliance deadlines for Singapore companies.
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 …
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 …