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?

Clients often asked me if they should set up a private limited company (Pte Ltd) or limited liability partnership (LLP) for their business. While I will not say 1 corporate structure is better than the other, a private limited company structure may fit better for most people. If…


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) that a company distributes to its owner(s) 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

Government Salary Support - Jobs Growth Incentive

If you have increased your local hiring headcount between September 2020 till the 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…


Hiring Locals and Permanent Residents In Singapore.

A Guide To Hiring Locals and Permanent Residents In Singapore.

This article serves to give companies looking to hire local and/or permanent resident employees a better understanding on what to take note during the hiring process. UNDERSTANDING PAY STRUCTURE IN SINGAPORE Companies generally have no hiring quota restrictions when they employ…