With the gradual reopening of attractions and resumption of tourism in Singapore due to relaxed COVID-19 measures, Singapore businesses are coming back into pre-pandemic conditions. Singapore is regaining its status …
Singapore Budget 2022: What You Should Know
Singapore’s S$109 billion 2022 Budget was announced on February 18, 2022. While the last two budgets were concerned with getting the country through the pandemic crisis, devoting over S$100 billion …
Singapore Regulatory Update: February 2022
The Singapore Government continues to harmonize its regulations in accordance with international standards and implement laws that will work in the best interest of the business. In this post, we …
Incorporating a Singapore company? Consider these government incentives
In addition to the numerous other reasons that make Singapore an excellent country to incorporate your company — such as a vibrant economy; low-tax policies; world-class infrastructure; efficient public sector; …
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 …
10 tax tips for foreigners starting a Singapore company
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 …
5 common mistakes to avoid while incorporating a Singapore company
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 …
Global minimum tax: reforming the international taxation system
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 …
2021 Union Budget of India: are entrepreneurs happy?
On February 1, 2021, India’s government presented the country’s 2021-2022 Union Budget. It was developed to boost India’s economic recovery by introducing incentives across all business sectors, in part to …
India ratifies OECD’s MLI – its impact on Singapore-India DTA
In November 2016, OECD members finalized the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). MLI targets the implementation …
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