What Is A Certificate Of Residence (COR) and Why Does Your Business Need One?
The Certificate of Residence (COR) is a letter issued by the Inland Revenue Authority of Singapore (IRAS) to certify that the company is a tax resident of Singapore to claim tax benefits under the DTAs that Singapore has concluded with other jurisdictions. It is necessary to…
How to Register A Singapore Branch Office
Singapore is and has always been one of the most business-friendly countries in the world. The location is strategic for companies that are looking to launch their expansion into the Asia-Pacific region. In this article, we discuss how to register a Singapore branch office and…
How to Set Up a Subsidiary in Singapore?
A company that is majority-owned or the composition of the board of directors (the authority to appoint or remove a majority of all directors) is being controlled by another company, which is known as a subsidiary. In this article, we will go into detail on how to set up a…
如何更改我在新加坡的公司名称
在选择了新加坡公司的名称并注册后，你和股东可能会因为以下原因而决定更改新加坡公司的名称： 为了重塑品牌;或者 你想要一个更能代表公司业务的新名称 在这篇文章中，我们将解释如何更改你的新加坡公司名称。 1. 选择合适的名称 公司的新名称必须恰当并且合法。根据《公司法令》，贵公司的新名称不能是： 新加坡财政部或部长规定禁止的名称； 与其他注册商业公司名称相同或相似； 与另一个注册商业公司已经保留的名称相同; 或 不良的名称，例如会导致宗族纷争或侮辱和伤害他人的名称 欲了解更多信息，请参阅我们关于企业名称限制的文章。 2. 向ACRA申请批准…
How To Change My Singapore Company Name
After choosing a name and incorporating your Singapore company, you and the shareholders may decide to change the Singapore company name for the following reasons: For the purpose of a rebranding exercise; or You simply wanted a new name that is more representative of what your…
Why is it important to use Nominee Directors provided by your corporate secretary?
For foreigners who wish to start a company in Singapore, there are a few regulations to follow. Here is a guideline to do so. One important aspect is getting Nominee Directors. What exactly is the role of the Nominee Directors (NDs)? As shared in the guideline earlier, the law…
A Guide To Singapore Goods And Services Tax (GST)
A Guide To Singapore Goods And Services Tax (GST) Goods and Services Tax (GST) is a consumption tax broadly imposed on the supply of goods and services and importing of goods into Singapore. In other countries, GST is can also be known as Value Added Tax (VAT). There are,…
Singapore Clinched Second Spot In Asia For Ease Of Starting Business
Singapore has always been a top business destination in Asia, competing with Hong Kong for the top spot. And though we lost out to Hong Kong yet again, Singapore emerged top of countries like Korea, China, and India. The Global Business Complexity Index ranked seventy-seven…
Important Compliance Needed For Singapore Companies
Before you decide to incorporate a company, there are several compliance requirements to take note of for Singapore companies. As a company director, you must ensure that your company is compliant and follows regulatory requirements, failure to do so will subject your company to…
File Your Corporate Tax via The New Form C-S (Lite)
The Inland Revenue Authority of Singapore (IRAS) has come up with an easier and new e-filing measure from Year of Assessment (YA) 2020, known as Form C-S (Lite). Companies with annual revenue of S$200,000 or less can make use of this simplified income tax return filing. The…