An Overview Of The Singapore Dependant's Pass
Employment pass (EP) or S pass holders can get their spouses and children to join them via the dependant’s pass in Singapore. We received many questions from our clients regarding the application for a dependant's pass. Below we attempt to answer some of the more frequently…
New Requirements for Singapore Employment Pass And S-Pass Starting From September 2020
Due to the impact of COVID-19 globally, the economic outlook is uncertain and the job market is weaker with the rising unemployment. As such, the Singapore Government has updated new requirements for foreigners applying for Employment Pass (EP) and S-pass. This is a move to…
Startup Grant For Local Businesses - Startup SG Founder
The aim of the Startup SG Founder program is to promote and encourage more new innovative startups in Singapore. On 17th August 2020, Deputy Prime Minister Heng Swee Keat had announced a S$150 million budget to enhance this Start-Up Grant. The Startup SG Founder program offers…
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…
Opening A Corporate Bank Account In Singapore
Corporate Banking In Singapore Singapore has become a forerunner to the title of Asia’s top financial hub. Singapore has always been a top destination for foreigners to incorporate a company. This is thanks to our transparent policies, governance, and relatively low corporate…
Guide To Personal Income Tax For Foreigners Working In Singapore 2021
If you are a foreigner living and working in Singapore, you need to fulfil your legal liability for personal income tax. The rate taxable will differ, dependent on your tax residency status. Who is a tax resident? Under the following circumstances, you are a tax resident of…
What Is Paid-up Capital
When most company owners start a company, most often than not, never give much thought about their paid-up capital. Quite a number of company owners do not know what it is. It is the amount of money shareholders pay to a company, in exchange for shares in the company.…
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…