rental support scheme

Rental Support Scheme 2021: Support for Businesses with Rental Cost During Phase 2

As announced, the government will provide Rental Support Scheme (RSS) support to help businesses offset their rental cost during the two Phase 2 heightened alert periods. This cash support will be paid directly to qualifying tenants and owner-occupiers. Who Qualifies for The…


Additional 40% Wage Subsidy For F&B Businesses Till 13th June 2021

Additional 40% Wage Subsidy For F&B Businesses Till 13th June 2021

As a result of the increased rate of Covid 19 infection, dine-in will be disallowed at all food establishments during the period of 16th May 2021 till 13th June 2021. In view of the impact, this will cause to the F&B businesses, there will be an increment of the wage support…


how to register a trademark in singapore

How To Register A Trademark For Your Singapore Business?

A type of intellectual property that uniquely represents your business, products, or services (think Macdonald's) can be considered as a trademark. Trademark can be an important tool to help build brand loyalty and image and prevent competitors/imitators from stealing your…


How To Start An Import and Export Business In Singapore?

How To Start An Import and Export Business In Singapore?

Being a country with one of the busiest trading hubs in the world and the gateway to Asia, Singapore is probably one of the prime locations to start an import and export business. Let us explore how you can get started doing an import and export business in Singapore. Start A…


Private Limited Company or Sole Proprietorship in Singapore

Should I Set Up A Private Limited Company or Sole Proprietorship in Singapore?

In my last article, I blogged about the pros and cons of having a private limited company versus a limited liability partnership in Singapore. And recently I received an email enquiry from someone asking if it's better for her to set up a sole proprietorship or a private limited…


Private Limited Company or Limited Liability Partnership In Singapore

Is It Better To Set Up A Private Limited Company or Limited Liability Partnership In Singapore?

I often get asked by clients if they should set up a private limited company (Pte Ltd) or limited liability partnership (LLP) to run their business. While I will not say 1 corporate structure is superior over the other, for most people, having a private limited company structure…


Further Financial Support For Companies Hiring Locals in 2021

During the Budget 2021 announcement by Deputy Prime Minister Mr Heng Swee Keat, he declared that the government will undertake further measures to support local companies in terms of hiring of new employees and retaining existing workers. This come mainly in the form of an…


How does a company pay dividends in Singapore

How does a company pay dividends in Singapore

We hear so much of this term dividends but we seldom discuss the rules and implications associated with it. As most will know, it is basically profit (or part of it) distributed to the owner(s) of a company at the end of or during a company’s financial year. What are the types…


What You Need To Know About Free Trade Zones And Free Zone Companies

What You Need To Know About Free Trade Zones And Free Zone Companies

In Singapore, there are nine free trade zones that allow companies to import, sell, or export goods without customs, duties, or goods and services tax (GST). They are: –          Brani Terminal; –          Keppel District Park; –          Tanjong Pagar Terminal and Keppel…


Jobs growth incentive singapore

Up to 50% Salary Support From Government - Jobs Growth Incentive

If you have increased your local hiring headcount between September 2020 till end of February 2021, your company may be eligible for up to 50% salary support from the government for your new local hires. If your company is looking to expand, there is no better time to consider…