A Guide to Tax Regulations for E-commerce Businesses in Singapore
Starting an e-commerce business involves transactions that are multi-jurisdictional in nature and multiple anonymous parties. In this article, we have put together information about Singapore’s tax regulations that will help you to run your e-commerce business smoothly.
8 min read
A Guide to Tax Evasion Penalties in Singapore
In Singapore, tax evasion or fraud is considered a criminal offence that is punishable by law. Have you ever wondered what the consequences of tax evasion are?
4 min read
6 Reasons to Register Your Offshore Company in Singapore
Singapore is one of the best countries in the world to incorporate an offshore company due to its strategic location, highly-skilled workforce and pro-business environment, making it ideal for entrepreneurs seeking to venture into the sizable Southeast Asian market.
6 min read
A Guide to Basic Bookkeeping for New Business Owners
Bookkeeping is a complex process, but an essential one nonetheless. Here's how you can get started with a fundamental understanding of what bookkeeping involves
6 min read
Choosing to Hire or Outsource a Bookkeeper or Accountant: How to Decide
As your business expands, the amount of paperwork would increase. To ease your load, you may think of getting help by hiring or engaging a service provider. Let’s look at the pros and cons of these two options.
5 min read
A Guide to Profit Tax Return in Hong Kong
What is a Profits Tax Return? Does my company have to file this form? By when? We’ll take you through the different BIR forms there are and how to file them.
5 min read
Should You Get a Directors and Officers Insurance to Protect Your Directors?
As a founder of a company or someone who makes management decisions for the company, you should know that your personal assets are at risk if you were to be named in a lawsuit. Would this D&O Insurance help?
4 min read
Osome Wins Singapore Partner of the Year at Xero Asia Awards
A confirmation of Osome’s commitment at innovation and customer service, this is simply a great way to end 2020. Find out more on how and why we won.
1 min read
Tech.Pass: What Tech Entrepreneurs Need to Know about this latest Work Pass in SG
A new work pass dedicated to foreign technological experts has been introduced in Singapore to enable “the movers and shakers of the tech world” to bring in their expertise and create disruptive innovation.
4 min read
Understanding Value Added Tax (VAT) for UK Amazon Sellers
Once you’ve crossed an annual turnover of £85,000 within the last 12 months, you must register for VAT with HM Revenue and Customs (HMRC), but what’s next? Find out how much to charge and how to reclaim VAT.
9 min read
Skills Development Levy: How Much Must Employers Pay on Their Staff?
This article will elaborate on this less well known statutory fund that all employers need to pay on each staff they have. Find out how to pay it and more in this article.
4 min read
Documents to Prepare Before Registering Your Company
A guide of the most common legal documents you’ll need to prepare to get your startup registered and running as a working business.
5 min read
Setting Up a Hong Kong Company as a Special Purpose Vehicle
Find out what a Special Purpose Vehicle or SPV is, and what are the things you need to have to set up this entity in Hong Kong.
4 min read
7 Tips for Improving the Accuracy of Your Accounting for Small Businesses in the UK
If you want to achieve better accuracy in terms of your accounting, heed these advice reviewed suggested and reviewed by our expert in-house accountants.
10 min read
Hiring Foreign Talent: The Difference Between an Employment Pass and S Pass
Once you’ve registered your company in Singapore, and start looking to expand your operations. You might want to hire talent from overseas. Find out the difference between S-Pass and Employment so you can hire correctly and stay compliant.
4 min read
A Guide to Setting Up a Special Purpose Vehicle Entity
In the last few years, it has been getting really popular for startups to create a SPV to help with the company financing, to attract investors to invest funds and receive equity when investing in the startup. Find out how to get one set up.
4 min read
Filing Financial Statements: Does My Company Need to Do This?
The general rule is that it’s always good to prepare your financial statements but do you have to file them with ACRA too? Find out in this article.
4 min read
6 Tips to Improve Accounting Accuracy for Hong Kong Companies
Stay compliant with the Inland Revenue Department and prepare end-of-year financial statements in no time at all when you follow these tips for accounting accuracy of your company.
6 min read
A Guide to Covid-19 Relief for UK Businesses
The announcements and updates might be overwhelming to keep up with. Start here.
6 min read
Just for Startups: Grants, Incentives & Tax Reliefs
Startups are at the heart of the UK economy, so know that you’ll never walk alone with the government supporting you through grants, and tax incentives.
7 min read
From CPF to GST: Things to Check as Your Business Grows
Companies who are growing will find that they have many administrative things to do too such as calculating Skills Development Levy (SDL) and CPF Registration.
5 min read
Why You Need a Company Secretary for Your Hong Kong Business
Since a company secretary is a must, find out why you need one, what their roles are and how best to choose one.
5 min read
What You Should Know About Changing Your Company’s Registered Office Address
If you’ve ever wondered what the administrative things you need to do when you move offices, read on.
4 min read
Getting Ready for Post-Brexit Product Liability Rules from Jan 2021
Wondering how to protect your business from product liability claims after Brexit? Find out what Chris Salmon of Quittance Legal Services has to say.
5 min read
How Do I Withdraw My MPF Before Leaving Hong Kong?
If you will be leaving Hong Kong permanently, you can withdraw your MPF before reaching the retirement age of 65. Find out how.
3 min read
Setting Up an E-Commerce Company in Singapore
There are a lot of opportunities in the region with an e-commerce business. Find out how to start your own company officially with this article.
7 min read
XA Network and AltaIR Capital Invests US$3m in Osome in New Round of Funding
The new injection of funds will assist Osome in its vision to help company founders cope with tedious but unavoidable tasks which entrepreneurs usually outsource
4 min read
Osome Raises Fresh Funds of US$3m From XA Network and AltaIR Capital
The funds will help Osome serve its clients in accounting and corporate services through automation by building capabilities in engineering and product development.
4 min read
Osome Raises US$3m in Funding from XA Network and AltaIR Capital
The accounting and corporate compliance super app will use funds to further develop its engineering, product development, and marketing.
4 min read
Changing My Company’s Financial Year End
If your current financial year end date was not chosen by you, or you want to streamline the date with your parent company, you may want to read this.
4 min read
What Business Owners Need to Know About Accounting Standards in Hong Kong
Find out more about how to standardise your accounting with Hong Kong’s Accounting Standards
6 min read
When Should a Freelancer Register a Private Limited Company?
When you’re ready to grow to the next stage of your business, you might be wondering what to do next. Read on.
7 min read
What Is the Know Your Customer (KYC) Process All About?
Get to know about this important step and what documents to provide to help your corporate service provider incorporate your company quicker.
5 min read
Filing Financial Statements in XBRL: Does My Company Need to Do This?
Not all incorporated companies have to file financial statements. Not all need to file in the Full or Simple XBRL template. Find out if you have to
6 min read
What to Do if you Need a Nominee Director for Your Company
Find out what you need to know if you need a nominee director, along with their roles, and what could go wrong in the process to avoid mistakes.
6 min read
Corporate Secretary: What Are Their Roles and Do You Need One?
After incorporating your company, you could benefit from having a corporate secretary around. Find out if you really need one.
6 min read
What’s Next After Incorporation? 12 Things To Do
There is more work you’ll need to do after opening a company. Here are 12 tasks you should do within your first year after registering your company.
8 min read
Selecting a Financial Year End for Your New Company
Your financial year end affects how you do your accounting and tax submissions. So how do you decide? Read on.
4 min read
Remittance
Ever wondered what a remittance is? This article helps you to understand that and how to make a remittance payment. Got more questions related to accounting for your business, feel free to write
2 min read
Accounting Journal
An accounting journal is a part of a company’s bookkeeping and accounting system. It is a log book that contains all records of a company’s transactions in chronological order. Its main
2 min read
Reimbursement
Reimbursement is a repayment given by a company to someone for their out-of-pocket expenses; the amount of reimbursement is equal to the amount of money spent by this person. The person who receives
2 min read
How to Decide Which Company Structure to Choose
A useful guide to help you compare the pros and cons of a Sole Trader, Partnership, LLP, and Ltd.
7 min read
Using a Virtual Office as My Registered Physical Address
As companies work remotely and borders are restricted, would virtual offices fulfil the requirement to open a company?
7 min read
A Guide to Setting Up an Import and Export Company
What do you need to do before you have your own import and export company? Find out the steps and how to get started.
6 min read
What Does the Electronic Transactions Act Mean for Entrepreneurs?
What do the Electronic Transactions mean for businesses and SMEs? We go through 4 things that entrepreneurs should take a close look at.
4 min read
How Small Companies Can Qualify for Audit Exemptions
What defines a small company to qualify for audit exemption in Singapore? Find out everything you need to know in this guide.
3 min read
Choosing a Virtual Office Service for My Company
Are you considering reducing your expenses and wondering if a virtual office fulfils the requirements to set up a company? Read on.
4 min read
Variable Costs
If you’re here to better understand the term ‘Variable Costs’, you’re at the right place. Knowing what it means will help you to scale your business. This article helps you to
4 min read
6 Advantages of Converting to a Private Limited Company
Is it time for your freelance business to change from a sole proprietor? Find out the 6 advantages and 3 steps to a Private Limited Company.
7 min read
5 Steps to Having Your Own Employment Agency
Did you know that after incorporating your company, there are licences and security deposits to make to set up an employment agency? Read on.
6 min read
