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Changes To Employment Pass and S Pass Requirements in Singapore [2022]
The Singapore Government has recently announced a slew of changes to the pass requirements for foreigners applying to work in Singapore under Employment Pass and S Pass. These impending tightening measures will force Singapore businesses to review their foreign hiring…
Buying A Private Residential Property in Singapore - For Foreigners
For many foreigners, the idea of buying a private residential property in Singapore is an exciting one. With little or no restrictions on foreign ownership, it can be a great way to have a vacation home in the tropics but still keep your main residence in another country. For…
How To Write A Fair Employment Contract in Singapore
The employment contract is one of the most important documents in an employment relationship. It lays out your obligations, as well as those of your employees. An employment contract that you fail to draft properly can lead to a legal battle that you will not want to be involved…
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 Open An Offshore Bank Account In Singapore?
Singapore is definitely one of the most sought after and well-regulated banking jurisdictions in the world today. Many foreigners are keen to open a Singapore offshore company bank account. But, increasingly strict compliance rules, new reporting requirements, and ever-changing…
How Do I Rent An Office In Singapore?
After the incorporation of your company, you would then look to rent a suitable office for your business operations in Singapore. There are generally 3 categories of commercial leases. They are retail, offices and industrial spaces. There are certain restrictions in the…
How To Register A Trademark For Your Singapore Business?
What is a trademark? A type of intellectual property that represents your business, products, or services (think Macdonald's) is what we call a trademark. Trademark can be an important tool to help build brand loyalty, image and prevent competitors/imitators from stealing your…
What Is Shelf Company And How To Purchase One In Singapore?
In Singapore, a shelf company is one that is incorporated as per the statutory requirements but is dormant. It means that the company is no longer in operation and does not carry out any business activities. Typically, a shelf company remains dormant until someone else acquires…
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,…
An Overview Of The Singapore Employment Pass
Foreigners are who qualified as professionals, managers, and executives will need to obtain a valid employment pass (EP) if they wish to gain employment in Singapore. To qualify for an EP, the foreign professional has to satisfy the following criteria: He or she has got a job…