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E-commerce

How Does Fulfillment and Storage Impact Your Bottom Line?

So, you have reached a turning point in your company’s growth and feel like you need to focus more on order processing and fulfillment. That’s great because that will allow you to grow your sales.

Latest Posts

How To Upsell to Your E-commerce Customers

How To Upsell to Your E-commerce Customers

Types of Business Models for E-commerce

Types of Business Models for E-commerce

An E-commerce’s Checklist To Prepare for 2021 Holiday Sales

An E-commerce’s Checklist To Prepare for 2021 Holiday Sales

What Important Records Must I Keep As A New Business Owner?

What Important Records Must I Keep As A New Business Owner?

E-commerce

E-commerce

How To Upsell to Your E-commerce Customers

We are inundated daily with countless ads throughout our day, both online and offline. As an e-commerce store retailer, one of the challenges that you may face is trying to get your products and message across to prospective customers.

E-commerce

Types of Business Models for E-commerce

If you are planning to start a new e-commerce business venture, this is the best time to do it! For seasoned business owners who are thinking of diversifying their business into e-commerce, you are at the right place.

E-commerce

An E-commerce’s Checklist To Prepare for 2021 Holiday Sales

Although the sales period will mean that your customers’ shopping carts will be busier, this also brings about its own set of challenges for your online business. Follow our holiday season checklist to ensure your business is well equipped for the shopper surge.

E-commerce

Digital Payment Trends For E-commerce Sellers To Know

Today, consumers are switching from traditional payment methods, such as cash, cheque and cards to digital payment. The global pandemic has fuelled this unprecedented shift in the consumer’s behaviour.

E-commerce

Creating an Invoice When Selling on Amazon

This article helps Amazon sellers who are finding out how to create, access and share invoices on Amazon.

E-commerce

12 Ways To Drive More Traffic to Your Online Store

When your website is finally live, you want to share it with as many people as possible. How do you get people to your website and excited about your products and shop from your store?

E-commerce

A Design Guide for E-commerce Websites

If you’re looking to improve your e-commerce page and improve sales, you might want to learn the fundamentals of how to design a good website.

E-commerce

Which Is The Better Payment Gateway: Paypal or Stripe?

As an e-commerce business owner, you would have heard of payment gateways PayPal and Stripe. With these two big platforms being the most popular online payment gateways, you may face a dilemma when it comes to deciding which payment gateway to use.

E-commerce

Tips For Amazon Sellers To Manage Your Inventory Better

Brand owners and sellers of all scales struggle to seek a well-balanced supply chain. Additionally, Amazon has its own inventory management rules, which makes everything even tougher.

E-commerce

Top 10 Best E-commerce Hosting Services in 2021

When you are setting up your e-commerce shop, the right hosting provider can make all the difference. However, with a variety of options out there, choosing the best one can be confusing.

E-commerce

What You Need To Include In An Invoice for E-commerce

For business owners who own and run an online store, you probably already know that invoices must be sent to your customers for the services you provide or the goods you sell, as a form of purchase proof.

E-commerce

Guide to E-commerce Fulfillment & Shipping for Singapore E-commerce Sellers

E-commerce fulfilment and shipping for your Singapore-based business matters. This guide unpacks how the right strategy can influence your bottom line and help you find what’ll work best for you - whether it’s in-house fulfilment, dropshipping or a solid partnership with a 3PL.

Foreigner’s Guides

Tax

A Guide to Income Tax for Foreign Company Owners and Directors in Singapore

This article is for you if you want to know whether you have to pay tax in Singapore on your own salary and are a foreign company owner

Foreigner's guide

How to Apply and Become Permanent Resident in Singapore

Permanent residency gets you as close to being a Singapore citizen as possible: you get all the same rights and benefits except being able to vote and hold public office. We look at the requirements, the documents you need to prepare, the timeline and chances for approval or rejection.

Foreigner's guide

Guide to Setting Up an Offshore Company in Singapore

Get to know the popular industries offshore companies open in, how to register for one, and what taxes you’d need to pay.

Foreigner's guide

The Definitive Guide to Opening a Representative Office in Singapore

Want to know how to open a representative office in Singapore before you incorporate a new company here? Read on.

Foreigner's guide

A Foreigner’s Guide To Setting Up a Company in Singapore From Hong Kong Within an Hour

We guide you on what you need to get your business in Singapore registered from Hong Kong. No plane ride needed.

Entrepreneur's Bootcamp

Renting Your First Office Space in Singapore: a Step-by-Step Guide

No matter what you want to lease, be it a coworking or traditional office space, there are some universal tips for both. We will help you draw up a plan and avoid some pitfalls. A calculator is included!

Foreigner's guide

Why Become a Singapore Citizen?

For those who have obtained a Permanent Resident (PR) status in Singapore, the next natural step would be to convert their PR into a Singaporean Citizenship (SC). A PR provides a person with clear advantages over a foreign citizen, but having citizenship takes these benefits a step further.

Foreigner's guide

How To Apply for Singapore Citizenship and Become a Citizen?

Technically, there are very few requirements to apply for citizenship: you must be a Permanent Resident for at least 2 years, you must be employed and be at least 21 years old. Sounds easy, yet there are nuances.

Immigration

How to Emigrate to Singapore and Get Citizenship?

We explain how to move to Singapore, get a work visa, apply for Permanent Resident status and receive citizenship, looking at the requirements, eligibility and timelines.

Foreigner's guide

Will the New Laws Scare the Business Away from the British Virgin Islands?

The British Virgin Islands seem to lose the offshore edge: the EU pressure forced the country to introduce new requirements for businesses. The rulebook compels paper-presence companies to show more substance in the tax haven. We examine if this new legislation is a game changer and why.

Foreigner's guide

How to Start a Business in Singapore from New Zealand?

Singapore taxes are low, company formation for foreigners is easy, and a foreigner can own 100% of a Singapore business. If you decide to move, the quality of life is high.

Foreigner's guide

What Taxes Do Australian Entrepreneurs Pay in Singapore?

Singapore corporate tax rate is 17% flat for foreigners and locals. The government supports startups with exemptions. And Singapore and Australia have a Double Taxation Agreement to avoid being taxed twice on the same income.

Entrepreneur's Bootcamp

Accounting

What Important Records Must I Keep As A New Business Owner?

Good business record keeping is crucial, from managing costs for legal, regulatory or tax reasons to simply managing and improving your business. If you are just starting up your business, it might not be the first thing that comes to your mind, but it can help you build a strong foundation.

Running My Business

3 Things To Consider Before Renting Your First Office Space

If you have always been working from home for your small business and are contemplating moving to a bigger space to accommodate your staff and to have a central office location, you may be looking out for office spaces to rent.

Entrepreneur's Bootcamp

Best Practice Invoicing Tips for SMEs

This article will help Singapore-based SMEs get to grips with the best invoicing practices. Take a look at the tips and how-tos to guide you toward being more streamlined and savvy.

Entrepreneur's Bootcamp

The Cost of Living as a Foreign Business Owner in Singapore

When choosing Singapore as a base to run your business is the cost of living, you need to consider the cost of living.

Entrepreneur's Bootcamp

How To Pick the Right Company Name

Choosing a business name is not that simple, and you may wreck your brains over choosing one, only to find out that ACRA did not approve its registration.

Entrepreneur's Bootcamp

13 Best Co-Working Offices in Singapore

Trying to beat the work-from-home slump? Give your productivity a much-needed booster at an amazing co-working space of your choice. From stunning views, amenities, to convenient central locations, you’d surely find a space to get your inspiration flowing.

Entrepreneur's Bootcamp

10 Tips To Prepare For Fundraising From a Venture Capitalist

The most difficult part of starting your own business can be raising capital. For practical tips, we asked Jason Edwards of VentureCap Insight. He’s seen many startups ask for money from his experience as a venture capitalist.

Accounting

11 Reasons to Choose Osome to Take Over Your Accounting

To get the best chance at success, entrepreneurs have to make sure they have the right partners around them when starting their own business. Here’s why we are the right partner for your accounting tasks.

Entrepreneur's Bootcamp

The Ultimate List of Best Banks for E-commerce Businesses in Singapore

E-commerce has advanced so rapidly that not all banks can keep pace. Choosing the right bank will help you succeed in your business and grow.

Accounting

The Only Guide You Need To Create Your First Invoice

Simple invoices can help save time with all basic accounting details you require to bill clients for your work. Think of them as organised documents that are easy to understand and create.

Accounting

New Business Owners' Guide to Reading Balance Sheets

When it comes to managing your business, one of the most crucial financial statements is the balance sheet. We cannot emphasise how important it is to learn how to read a balance sheet to ensure your company's financial health.

Incorporation

5 Benefits of a Digital Business Account vs. Traditional Bank Account

In an increasingly digital world, the way we bank is changing. Digital banks are probably something you may have heard about while thinking of setting up your business in Singapore but wondering how they can help you run your business better.

Running My Business

3 Things To Consider Before Renting Your First Office Space

If you have always been working from home for your small business and are contemplating moving to a bigger space to accommodate your staff and to have a central office location, you may be looking out for office spaces to rent.

E-commerce

Digital Payment Trends For E-commerce Sellers To Know

Today, consumers are switching from traditional payment methods, such as cash, cheque and cards to digital payment. The global pandemic has fuelled this unprecedented shift in the consumer’s behaviour.

E-commerce

Creating an Invoice When Selling on Amazon

This article helps Amazon sellers who are finding out how to create, access and share invoices on Amazon.

The future of entrepreneurship

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E-commerce

12 Ways To Drive More Traffic to Your Online Store

When your website is finally live, you want to share it with as many people as possible. How do you get people to your website and excited about your products and shop from your store?

Government Grant

Wage Support & Rental Relief for Businesses in Singapore’s Stabilisation Phase

Tighter COVID-19 restrictions will be implemented from 27 September to 21 November 2021. Find out what support SG companies can receive from this Stabilisation Phase.

E-commerce

A Design Guide for E-commerce Websites

If you’re looking to improve your e-commerce page and improve sales, you might want to learn the fundamentals of how to design a good website.

Entrepreneur's Bootcamp

Best Practice Invoicing Tips for SMEs

This article will help Singapore-based SMEs get to grips with the best invoicing practices. Take a look at the tips and how-tos to guide you toward being more streamlined and savvy.

E-commerce

Which Is The Better Payment Gateway: Paypal or Stripe?

As an e-commerce business owner, you would have heard of payment gateways PayPal and Stripe. With these two big platforms being the most popular online payment gateways, you may face a dilemma when it comes to deciding which payment gateway to use.

E-commerce

Tips For Amazon Sellers To Manage Your Inventory Better

Brand owners and sellers of all scales struggle to seek a well-balanced supply chain. Additionally, Amazon has its own inventory management rules, which makes everything even tougher.

E-commerce

Top 10 Best E-commerce Hosting Services in 2021

When you are setting up your e-commerce shop, the right hosting provider can make all the difference. However, with a variety of options out there, choosing the best one can be confusing.

E-commerce

What You Need To Include In An Invoice for E-commerce

For business owners who own and run an online store, you probably already know that invoices must be sent to your customers for the services you provide or the goods you sell, as a form of purchase proof.

E-commerce

Guide to E-commerce Fulfillment & Shipping for Singapore E-commerce Sellers

E-commerce fulfilment and shipping for your Singapore-based business matters. This guide unpacks how the right strategy can influence your bottom line and help you find what’ll work best for you - whether it’s in-house fulfilment, dropshipping or a solid partnership with a 3PL.

E-commerce

E-commerce Tips: How To Use Packaging Inserts to Increase Revenue

Improving customer retention is one of the effective ways to create brand awareness. Additionally, placing your focus on existing customers also means that you do not have to splurge extra dollars on marketing.

Entrepreneur's Bootcamp

The Cost of Living as a Foreign Business Owner in Singapore

When choosing Singapore as a base to run your business is the cost of living, you need to consider the cost of living.

E-commerce

5 Most Lucrative E-Commerce Niches In 2021

If you’re just starting or looking to go in a new direction, finding a lucrative niche will make every part of running your e-commerce business easier. This article will look at the trending e-commerce niches to consider.

Entrepreneur's Bootcamp

How To Pick the Right Company Name

Choosing a business name is not that simple, and you may wreck your brains over choosing one, only to find out that ACRA did not approve its registration.

Running My Business

Should You Consider Using Cryptocurrency in Your Business Operations?

There are more than 4,000 cryptocurrencies that exist. Before you jump on the bandwagon, assess whether cryptocurrencies are suitable to be used in your business.

E-commerce

7 Ways To Accept Payments For Your Online Store

Many payment options allow you to accept credit cards and other payment types. How do you choose which method to include on your website?

E-commerce

Customer Retention: How To Keep Customers Coming Back Repeatedly

Every business likes new customers, especially when the customer uses their services again and again. Existing customers help in creating a solid foundation of your business that provides a steady revenue stream that costs less than acquiring new customers.

Payroll

5 Tips for a Streamlined Payroll Process for SMEs

For a business to run smoothly, the payroll process must be streamlined and error-free. It is easy to streamline and optimize your payroll and other back-office processes within your SMB. Did you know that this can improve your cash flow?

Government Grant

Phase 2 Heightened Alert Support Package for SMEs (July to August 2021)

From 22 July 2021, Singapore has reverted to Phase 2 (Heightened Alert). Fortunately, the Singapore Government will be cushioning the impacts of the harsher COVID-19 restrictions with a $1.1 billion support package.

E-commerce

How To Offer Free Shipping Profitably

Should a customer or seller bear the shipping cost? Let’s explore how a profit margin can still be maintained while offering free shipping.

Secretary

What Is a Register of Controllers and Why Singapore Companies Now Have To Submit This Document

In April 2020, Singapore businesses will have to submit the Register for Registrable Controllers to ACRA. Before, your company was only obliged to maintain it internally. Now you will have to file the Register with ACRA electronically and maintain it updated at all times.

Government Grant

SG Govt Will Extend Loans for SMEs by 6 Months as Part of Heightened Alert Support Measures

Singapore's Phase 2 and 3 periods of heightened alert have undoubtedly affected many businesses, especially Small- and Medium-sized Enterprises (SMEs). As such, Finance Minister Lawrence Wong has announced additional support measures for these Singapore-registered companies on 5 Jul 2021.

Customer Stories

Clickshare Media Ventures Scales Up E-commerce Operations With Osome as Accounting Partner

Clickshare Media Ventures (CSMV) is one of the fastest-growing e-commerce companies in Southeast Asia. In just 3 years, CSMV has built itself to be an 8-figure business with more than 10 direct-to-consumer e-commerce brands in the baby, beauty, and personal care industries.

E-commerce

The 10 Best E-Commerce Payment Gateway for Online Sellers

Other than branding and marketing, these technologically savvy consumers are well acquainted with the Internet and convenient payment gateways and demand nothing less than a seamless e-commerce transaction.

Government Grant

SMEs Can Apply for Relief Measures and Delay Full Loan Repayments till 30 Sep

As the pandemic gradually transitions to an endemic, the Monetary Authority of Singapore (MAS) has announced the 'final extension' of relief measures for small and medium-sized enterprises (SMEs) affected by the COVID-19 situation to resume full loan repayments.

E-commerce

8 Tips to Improve Your E-commerce Photos

Want to kickstart your start-up or bolster an existing online business? These 8 e-commerce photography tips could have a direct impact on small businesses owners in Singapore, take a look.

E-commerce

Finding And Selling Niche Products Online

Launching an online business is not an easy achievement, with increasingly more entrepreneurs entering the online market space. Competition is fierce, product ideas are saturated, and consumers are getting more well-versed in sieving out the best prices for online products.

Government Grant

A Quick Guide to Wage and Rental Support for SMEs in P3HA

The Singapore Government has introduced measures to help businesses cushion the impact of the pandemic, including more salary support for affected firms to retain employees, one-off payments for rental relief and individuals for Phase 3 (Heightened Alert).

Secretary

How To Change My Singapore Company’s Name?

There might come a point when the name you chose for your company during incorporation no longer fits where you want it to go. Often an application to ACRA to change your company name might be more efficient and cheaper, too.

News

Osome Raises $16M in Series A Round to Expand its AI-based Accounting Platform to Global Markets

Osome has raised $16M in a Series A funding from a group of investors including Target Global, AltaIR Capital, Phystech Ventures, S16VC, Ace & Company and Peng T. Ong, who joined as an angel investor

Running My Business

How To Close Your Company From Start to End

Shutting down a company is a natural part of a business cycle. Business owners close down their companies for various reasons, either by their own choice or ordered by the Court. This article will go through the process of winding up and striking off a company.

Customer Stories

NewCampus Manages Documents Worry-Free With Osome’s Corporate Secretary

New Campus had set up its operations in Dubai for around 5 years, working with a traditional company secretary company. When they wanted to set up their company in Singapore, venture capital fund 500 startups recommended that they try Osome.

Customer Stories

Ajay Experiences Paper-free Accounting for his Startup Tinvio

When Tinvio started operations to build a communication and commerce platform for merchants and suppliers, they were looking for an annual corporate secretary and monthly accounting service so that they could focus on growing their business while upholding corporate diligence.

E-commerce

How Does Fulfillment and Storage Impact Your Bottom Line?

So, you have reached a turning point in your company’s growth and feel like you need to focus more on order processing and fulfillment. That’s great because that will allow you to grow your sales.

E-commerce

An E-Commerce Seller's Introduction to Currency Risk

If you trade in a stronger currency, you will have to pay more for fewer items, which can squeeze your profit margins and make competing with other businesses difficult for you. It can also affect your ability to make profitable investment opportunities.

E-commerce

This is How Amazon's Supply Chain Works

In order for Amazon to run at full capacity, a wide range of functions must work together. Because of this, Amazon's supply chain plays such an important role in its success and operation.

E-commerce

A Guide to Choosing Your E-commerce Store Name

Choosing a good brand name once you have registered your company is important for an e-commerce business store because it will grow to be the brand that users identify with.

E-commerce

What Is a Domain Name and How To Choose the Perfect One?

A domain name is an identity and at the same time, the address for customers to get to e-commerce businesses’ stores online. Thus, choosing the perfect domain name is important for your e-commerce business.

Running My Business

Why You Should Protect Yourself As You Build Your Business

Despite the measures that the Government had implemented to assist in holding back retrenchments and offsetting employees’ wages, the pandemic and its impact are enduring. All the more reasons for you to get insurance now.

Entrepreneur's Bootcamp

13 Best Co-Working Offices in Singapore

Trying to beat the work-from-home slump? Give your productivity a much-needed booster at an amazing co-working space of your choice. From stunning views, amenities, to convenient central locations, you’d surely find a space to get your inspiration flowing.

Secretary

How To Convert A Private Limited Company Into A Public Limited Company

While the public limited company structure shares some similarities with the private limited company structure, its features make it more ideal for large businesses.

Running My Business

Understanding Customer Lifetime Value for Online Sellers

Once you establish a customer lifetime value, you'll realize that acquiring a new client is much more costly and time-consuming than selling to existing clients.

Tax

A Guide to Calculating Taxes for Freelancers and Self-Employed

During tax season, it can get increasingly frustrating or confusing for freelancers and self-employed people as they are not clear about their tax obligations.

Running My Business

Retailers and Food Businesses To Get Government Support in Going Online

Food outlets and retail businesses in Singapore affected by COVID-19 Phase 2 (Heightened Alert) restrictions will get help to offset their F&B delivery costs and to sell on online platforms.

E-commerce

Make, Manufacture, Wholesale or Dropship: 4 Business Models for E-commerce To Consider

As an online business owner, you will have to face many choices. Apart from the products you intend to sell, you will also have to make your biggest business decision when it comes to the ideal business model to pursue.

Entrepreneur's Bootcamp

10 Tips To Prepare For Fundraising From a Venture Capitalist

The most difficult part of starting your own business can be raising capital. For practical tips, we asked Jason Edwards of VentureCap Insight. He’s seen many startups ask for money from his experience as a venture capitalist.

Accounting

11 Reasons to Choose Osome to Take Over Your Accounting

To get the best chance at success, entrepreneurs have to make sure they have the right partners around them when starting their own business. Here’s why we are the right partner for your accounting tasks.

Entrepreneur's Bootcamp

The Ultimate List of Best Banks for E-commerce Businesses in Singapore

E-commerce has advanced so rapidly that not all banks can keep pace. Choosing the right bank will help you succeed in your business and grow.

Accounting

The Only Guide You Need To Create Your First Invoice

Simple invoices can help save time with all basic accounting details you require to bill clients for your work. Think of them as organised documents that are easy to understand and create.

Accounting

New Business Owners' Guide to Reading Balance Sheets

When it comes to managing your business, one of the most crucial financial statements is the balance sheet. We cannot emphasise how important it is to learn how to read a balance sheet to ensure your company's financial health.

E-commerce

The Guide to Tax Deductions: Expenses You Can Write Off

In this article, we will go through what kind of business models will require you to pay tax, what counts as business expenses, what tax exemptions mean, and how to claim exemptions.

Secretary

Filing Requirements to ACRA and IRAS: What All SG Companies Need To Know

Every year, Singapore companies are required to file their annual returns and tax returns to two government agencies – the Accounting Corporate Regulatory Authority (ACRA) and Inland Revenue Authority of Singapore (IRAS).

Incorporation

5 Benefits of a Digital Business Account vs. Traditional Bank Account

In an increasingly digital world, the way we bank is changing. Digital banks are probably something you may have heard about while thinking of setting up your business in Singapore but wondering how they can help you run your business better.

E-commerce

Your New Entrepreneur’s Guide to Selling on Lazada, Qoo10, Carousell and Shopee

Today, we will go through the four biggest E-commerce platforms in Singapore - Lazada, Qoo10, Carousell and Shopee, to see how you can make full use of their platform to kickstart your business.

Tax

Calculating the Taxable Income of My Company

When it comes to tax season, it is crucial for you to understand which part of your business is taxable, so you can stay compliant with the law.

E-commerce

A New Entrepreneur's Guide to Selling on Amazon

Sell on Amazon, the world's biggest e-tailer, and break into the Hong Kong market.

E-commerce

Q&A on Paying Taxes as International Seller on Amazon.sg

Planning to sell your products to Singapore on Amazon.sg as an international seller? Many sellers are often confused about the tax liability on their sales online. Every country has its own set of tax regulations and tax rules are always changing.

Tax

How To Avoid Double Taxation in Singapore

If you are a tax resident of Singapore, have set up businesses beyond Singapore and have paid taxes in other countries, how would your income be taxed? Double check if your income is double taxed.

Incorporation

How To Set Up a Singapore Holding Company From Indonesia for Fundraising

One of the most common fundraising strategies for startups, especially in Indonesia, is to set up a Singapore holding company. But how exactly do you set up a holding company abroad?

Incorporation

Going Beyond The Borders Digitally: From Setting Up To Selling Out

We had three experts in tax, sales, and law present the webinar on how small business owners in Singapore and Indonesia can set up companies, digitize their business processes, and reach out to new customers.

Entrepreneur's Bootcamp

Cofounders for Your Business: 4 Ways To Find Them

Sometimes you need someone to either help you improve and execute your great idea or to help you raise the capital you need before setting up a company. That is where the need for a cofounder arises. Here are 4 tips to find the right one.

E-commerce

3 Ways the Pandemic Affected Southeast Asia’s Online Shopping Behaviour in 2020

Digitalisation evolved rapidly in Southeast Asia with a global pandemic turbocharging it to a massive step forward in the e-commerce industry.

Running My Business

5 Tips from Entrepreneurs on Scaling Your Business Across Closed Borders

In times of this unprecedented economic situation, how can SMEs adjust to become a global player? Several Singapore-based entrepreneurs will discuss the major points of scaling up their companies, and how to survive and thrive today.

Entrepreneur's Bootcamp

A Survival Guide to Bookkeeping When You Have No Idea How To Do It

In short, bookkeeping is the process of recording, classifying, and organizing all financial transactions that happen within your business.

Entrepreneur's Bootcamp

Growing Your Online Store with 5 Basic Accounting Tips

Accurate accounting will boost profits for your online store. Here are five accounting basics to bolster your finances and grow your online store

E-commerce

E-commerce Store Bookkeeping Tips

Essentially, bookkeeping helps you balance your accounts so you can improve business cash flow.

Compliance

Penalties for Not Filing These 5 Documents on Time

There are penalties that a company must pay if any of the information or documents are not given to ACRA or IRAS as a company.

E-commerce

Starting an E-commerce Business From Home: What You Need

How can I start a business from the comfort of my home? In this article, we explore how to take the digital and e-commerce route.

E-commerce

The No-Nonsense Guide To Start an Online T-shirt Business

E-commerce is the way to go, with increasingly more people doing their shopping online instead of in physical shops. Here’s a quick guide for you to start one selling t-shirts.

Immigration

New MOM Law: Dependant Pass Holders To Apply for Work Passes From May 1 2021

Foreigners with Dependent’s Passes will be required to apply for a work pass from May 1 and will no longer have the option to work with a letter of consent. Read what this means for you as an employer.

E-commerce

How To Effectively Sell on Carousell

Here are 10 Carousell selling tips to help you stand out from the clutter and sell on Carousell.

Running My Business

4 Ways the Singapore Budget 2021 Supports Small Businesses

With Budget 2021, the Singapore government has put in place new initiatives and measures to help you develop new potential, deal with short-term problems, and embrace the future for long-term growth. Here’s how the Singapore Budget 2021 can help you according to your business needs.

E-commerce

Is E-commerce Accounting Different From Other Types of Accounting?

Keeping an eye on your business's financial health is crucial. But is e-commerce accounting any different from accounting for other businesses?

E-commerce

Why E-commerce Entrepreneurs Should Prioritise Cash Flow over Profit

As an e-commerce business owner, you might find yourself constantly worrying about bringing in profit and neglecting the importance of cash flow in the process. Find out the difference between profit and cash flow.

E-commerce

Statistics on 2021 E-Commerce Landscape in Singapore

E-commerce now accounts for more than one quarter of all retail sales in the UK. This number is expected to steadily increase in the years ahead, and would reach nearly one-third of all retail sales by 2024.

Tax

Do I Need To File Income Tax in Singapore for My Employees Working Remotely Due to COVID-19?

What happens if your foreign employee was on a short-term business trip to Singapore and is unable to return to their resident country? Let’s find out.

Tax

A Complete Guide to Filing Estimated Chargeable Income

Starting YA 2020 all companies in Singapore need to file ECI. There are some exceptions, find out if you have to file.

Entrepreneur's Bootcamp

A Guide to Issuing Share Certificates for Singapore Companies

If you are starting a new company, you will need to issue a share certificate when your company is being incorporated. This article will go through the information you need to prepare this document.

E-commerce

Dates and Events to Use in Your 2021 E-commerce Sales Campaigns

Singaporeans spent an average of S$113 online from January to June 2020, driven mostly by high-value shoppers. Find out which dates they do more shopping on.

E-commerce

Best Ecommerce Platforms for Your Business Needs

You do not need to spend much time, money, or have much know-how to build your online stores from scratch. Most of the time, the best and fastest option is to sign up with established e-commerce platforms. Here are some of them.

Running My Business

How to Manage Expenses When You Have a Remote Workforce

One issue a company faces with a team working from home is also managing the company’s budgets. Employees find it hard to access a company's funds while the finance team finds it difficult to administer these expenses.

Tax

A Guide to Income Tax for Foreign Company Owners and Directors in Singapore

This article is for you if you want to know whether you have to pay tax in Singapore on your own salary and are a foreign company owner

Incorporation

A Guide to Setting Up a Holding Company

A holding company is an ‘umbrella’ or ‘parent’ company which does not provide products or services like a normal company. That’s what makes it relatively easier to set up a holding company virtually anywhere in the world.

Entrepreneur's Bootcamp

Record Keeping Done Right

Record keeping in accounting is a process that most newly formed companies cannot ignore, but what is the most efficient way to approach this? Our partner, Navisteps has some advice for new companies.

Secretary

Financial Year End (FYE) in Singapore

When you incorporate, you need to choose your financial year end date which determines when your corporate filings and taxes are due. Read on to find out how to choose the date for your company.

Accounting

7 Steps To Keep Invoices Organised for Small Business Accounting

Managing business finances might be challenging. Staying on top of your invoices and receipts will help you stay on top of your finances. We take you through 7 steps that will help keep you organised.

Running My Business

9 Ways You Can Protect Your Businesses

Our partner Finaqe advises on what SMEs can look at to protect their business better in order to grow. From trade factoring to business insurance, find out how else you can better protect your business.

Tax

COVID-19 Support: Longer Instalment Plans for Corporate Income Tax in 2021

If your business has been affected by the coronavirus (COVID-19), the Inland Revenue Authority of Singapore (IRAS) has introduced a series of support measures to alleviate cash flow woes of businesses and individuals. Find out more.

E-commerce

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.

Tax

Tax Evasion Penalties in Singapore: A Complete Guide

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?

Incorporation

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.

Foreigner's guide

How to Apply and Become Permanent Resident in Singapore

Permanent residency gets you as close to being a Singapore citizen as possible: you get all the same rights and benefits except being able to vote and hold public office. We look at the requirements, the documents you need to prepare, the timeline and chances for approval or rejection.

Running My Business

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?

News

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.

Immigration

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.

Entrepreneur's Bootcamp

A Guide to Central Provident Fund (CPF) for New Employers

When you set up your company in Singapore, you will have to eventually hire to grow your business. As an employer, legal obligation to contribute to the Central Provident Fund (CPF) of staff who are Singapore citizens or Permanent Residents. Find out what exactly you need to know to stay compliant.

Running My Business

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.

Running My Business

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.

Incorporation

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.

Accounting

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.

Running My Business

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.

Entrepreneur's Bootcamp

Checklist for Starting an E-commerce Business 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.

News

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.

Foreigner's guide

Guide to Setting Up an Offshore Company in Singapore

Get to know the popular industries offshore companies open in, how to register for one, and what taxes you’d need to pay.

Running My Business

What To Tell Investors So They Will Fund Your Startup

Talking someone into giving you money is hard, especially if we are talking millions. Osome Blog asked 3 founders who succeeded, 1 startup scout and 1 product lead to share their experience. Here’s what they told us.

Entrepreneur's Bootcamp

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.

Entrepreneur's Bootcamp

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.

Running My Business

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

Running My Business

Minimum Salary Raised for Employment Pass and S Pass in Sep & Dec 2020

Find out what an Employment Pass is, what an S Pass is, and what are the new rules to get one for your company’s staff

Entrepreneur's Bootcamp

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.

Entrepreneur's Bootcamp

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.

Accounting

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.

Accounting

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.

Entrepreneur's Bootcamp

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.

Entrepreneur's Bootcamp

5 Steps to Starting Your Own Recruitment Business

Did you know that after incorporating your company, there are licences and security deposits to make to set up an employment agency? Read on.

Entrepreneur's Bootcamp

PDPA & GDPR: Does My Company Need to Comply?

Does the PDPA apply to my company? What about the GDPR? Ease your worries and read through this guide to tell it to you straight, with examples.

Entrepreneur's Bootcamp

Singapore Company Constitution — Everything You Need To Know

This document is part of a legal requirement in your company’s incorporation process. Find out how to draft one.

Running My Business

Is Remitting through Banks the Best Way to Transfer Money?

So you’re remitting or transferring money? Ever thought of finding a cheaper and simpler way compared to using the banks’ service? Read on here.

Entrepreneur's Bootcamp

Appointing a Company Director: Things to Know

Find out everything you need to know about appointing a resident director to open a company in Singapore here.

Foreigner's guide

The Definitive Guide to Opening a Representative Office in Singapore

Want to know how to open a representative office in Singapore before you incorporate a new company here? Read on.

Foreigner's guide

A Foreigner’s Guide To Setting Up a Company in Singapore From Hong Kong Within an Hour

We guide you on what you need to get your business in Singapore registered from Hong Kong. No plane ride needed.

Running My Business

All You Need to Know About Appointing a Data Protection Officer For Your Company

Are you ready to select a Data Protection Officer to comply with Singapore’s Personal Data Protection Act? We’ll take you through the importance of choosing one, and tips to select the best person for the job.

Running My Business

How Entrepreneurs in Singapore can Pay Less Tax Legally

Did you know that you can reduce your company’s taxable income and pay less tax to IRAS by writing off some of your business expenses? But which expenses can a company deduct from its income? We break it down for you.

Entrepreneur's Bootcamp

How Singapore Will Support Your Business during the Pandemic

The Resilience Budget measures will help local companies survive: up to 25% of the salaries'll get co-funded, tax payments are called off and loans are secured. Read on for details

Entrepreneur's Bootcamp

Renting Your First Office Space in Singapore: a Step-by-Step Guide

No matter what you want to lease, be it a coworking or traditional office space, there are some universal tips for both. We will help you draw up a plan and avoid some pitfalls. A calculator is included!

Tax

How Does Transfer Pricing Work in Singapore?

Affiliated businesses often trade on preferential conditions and thus pay less tax. To prevent that, countries developed a system to control the “family business” — the transfer pricing rules. Let’s see how they influence the prices you set, how to play by these rules and what documents to prepare.

Entrepreneur's Bootcamp

Understanding Singapore Business Insurance

Business is fraught with dangers, and all dangers, from fires to lawsuits, can lead to a financial disaster. You can’t guarantee bad things won’t happen to you, but you can minimize the damage — with the right insurance policy.

News

Osome Ranks on Singapore’s Top 4 Platinum Partners of Xero

Xero, the global small business platform, awarded Osome with a platinum partner status. This is the highest level of recognition that Xero offers to their counterparts, with only 3 other companies in Singapore holding the title.

Entrepreneur's Bootcamp

One-Stop for E-govt Services in Singapore: Why Register for CorpPass

CorpPass is a one-stop authentification platform that helps your business interact with the authorities. We explain what the use of it is, who must sign up for CorpPass, and how to register

Accounting

3 Сases When It Makes Sense To Register for GST Voluntarily and 1 Case When It Doesn’t

You don't have to register for GST until your revenue is above S$1M. However, you can choose to register earlier as sometimes it can hep you save money. Let's see how it works!

Entrepreneur's Bootcamp

The Wage Credit Scheme (WCS)

Singapore encourages employers to pay more in wages by co-funding the pay raises. Learn how you and your team can benefit from it and how the financial aid works. Calculations included!

Running My Business

New GST Rules to Kick off in January 2020

Beginning January 1, 2020, all Singapore companies will be charged 7% GST on the services they buy online from foreign-based providers. We explain what to do about it and how to pay the tax. Spoiler: if you are GST-registered, you will have some paperwork to do.

Running My Business

How to Register a Trade Mark in Singapore and Beyond

Registering a trade mark can be tricky. Here’s a step-by-step guide with some insights for you to make sense of the process. Bonus track: we explain how to register in Singapore and get international trade mark protection right away

Tax

Industry-Specific Corporate Tax Incentives

Trading, banking or just innovative idea — all of this might be granted a corporate tax incentive in Singapore. Osome outlines what tax reliefs and reductions for business Singapore has to offer.

Tax

How Singapore Working Mothers Pay Less Tax Thanks to Child Relief

If you’re a working mother earning a taxable income in Singapore, it’s likely you qualify for Working Mother’s Child Relief (WMCR). Read on to find out a bit more about this personal tax relief programme and its benefits.

Tax

Withholding Tax in Singapore

Transferring money to a non-resident of Singapore will, in most cases, make you pay withholding tax on it. Osome covers who is seen as a non-resident, how to reduce the tax and what the due date is.

Running My Business

How Charity Can Help Your Tax Bill: Charitable Deductions in Singapore

In Singapore, the “giving is receiving” principle is brought to the level of national policy: one can make a donation to a charity and claim a tax deduction — for every dollar spent you’ll be deducted 2.5 dollars off your taxable income. How cool is that?

News

Silicon Valley, Meet Singapore

Osome forms a strategic partnership with venture firm and seed accelerator, 500 Startups, by joining their Global Launch initiative. The programme, supported by Enterprise Singapore, will see exceptional startups from around the world plan and execute expansion into Singapore in 2020.

Tax

Singapore Corporate Income Tax: Rates, System, Reliefs

You make a profit — you pay a corporate income tax. We tell what the current tax rate is, how to reduce the sum you pay and do the counting.

News

Osome Shines Bright in IMDA SG:D Spark Programme

SG:D Spark Programme by Infocomm Media Development Authority of Singapore (IMDA) will simplify access to various grants and allow Osome to pitch to reference customers, leveraging government demand.

Running My Business

What Is a Trade Mark in Singapore?

Having a nice design is not enough to make a company legally distinctive among competitors. Let’s clarify what a trade mark can be, when a company needs it, how to transform a trade mark into a valuable asset and how to use it.

Running My Business

How to Verify a Company in Singapore

When you find a new partner or a new client, you may want to check the counterparty's reliability. Luckily, there’s a tool to verify companies that small and medium-sized businesses can use for free. Let’s take a closer look at it.

Accounting

XBRL and Tax Filing in Singapore: An Introduction

XBRL is a language used to standardise the way that companies in Singapore file their tax statements online. Take a read to get to know a bit more about XBRL tax filing requirements.

News

Opening a company and bank account on the same day? Easy!

OCBC Bank has partnered up with Osome to co-design a revolutionary service for the Singapore market: same-day incorporation and instant business account opening.

News

$3 Million Raised To Expand Osome in the UK and Hong Kong

Osome announced a $3 million financing led by Target Global. The new investment will help expand its technology platform to the UK and Hong Kong, and already started testing these markets.

Accounting

DIN It: IRAS Document Identification Number Explained

A Document Identification Number (DIN) is what you come across when you file your income tax to IRAS. We cover what it is and how to get one.

Payroll

IR8A: Income Info on Your Employees

In Singapore, employers gather information about their employees’ earnings and submit it to IRAS. That is what IR8A and some other forms are about. Let’s have a closer look

Tax

Singapore Personal Income Tax Rates 2021 & How They Work

We break down Singapore income tax rates and how they apply to foreigners and locals. We will do some counting, so grab your calculators and let’s go!

Tax

When Do Companies Pay Capital Gains Tax in Singapore?

Capital Gains Tax (CGT) is the money you are to pay to the state when selling something valuable with profit. Singapore does not tax capital gains — in most cases. If you suspect that your situation might be an exception, read on.

Accounting

What You Need to Know About Singapore Accounting Standards

We explain what the international framework for financial reporting is all about and help you understand which of the standards apply to your particular company.

Foreigner's guide

Why Become a Singapore Citizen?

For those who have obtained a Permanent Resident (PR) status in Singapore, the next natural step would be to convert their PR into a Singaporean Citizenship (SC). A PR provides a person with clear advantages over a foreign citizen, but having citizenship takes these benefits a step further.

Entrepreneur's Bootcamp

How to Get a Government Grant for a Small Business or Startup

Planning to incorporate your business in Singapore? Already running a business? Grants can be of a great help. Learn what grants you can get, and how to improve your chances.

Growth

Angels and Ventures in Singapore: Who to Pitch Your Startup Right Now

If you’re an early-stage startup looking for venture capital, Singapore is the place to go. Here is a list of top venture capital firms and angel investors in Singapore to look for early-stage startup fundraising and memo on how to choose the right investors.

Running My Business

All You Need to Know About IRAS (Inland Revenue Authority of Singapore)

Top Singaporean tax body — Inland Revenue Authority (or IRAS) deals with collecting taxes and helping out the government with any tax matters. Osome guides you through its functions and structure.

Running My Business

What Are E-signature and Digital Signature and How Do They Differ?

Many businessmen live with reams of papers all over the office — although they don’t have to. In Singapore, most documents can be signed on the computer, which is just as legal.

News

Osome Has Gained Gold Partner Status with Xero

Osome has received the gold partner status from Xero, a cloud-based accounting software platform. With only 30 Singapore companies holding this title, Xero recognizes Osome expertise in bookkeeping, accounting, and taxation.

News

2,000 Osome Clients

It took us 15 months to grow the first 1,000 clients. Now, only six months later, another 1,000 business owners joined us. Thank you for trusting Osome!

Running My Business

How to Set up Alipay & WeChat Pay for Your Business in Singapore?

If you have clients from mainland China, offering them the preferred payment options like WeChat Pay and Alipay is a way to boost your business. The Chinese visiting your website or your offline shop in Singapore will have fewer problems paying and are likely to buy more.

Foreigner's guide

How To Apply for Singapore Citizenship and Become a Citizen?

Technically, there are very few requirements to apply for citizenship: you must be a Permanent Resident for at least 2 years, you must be employed and be at least 21 years old. Sounds easy, yet there are nuances.

Immigration

How to Emigrate to Singapore and Get Citizenship?

We explain how to move to Singapore, get a work visa, apply for Permanent Resident status and receive citizenship, looking at the requirements, eligibility and timelines.

Entrepreneur's Bootcamp

Opening a Corporate Bank Account in Singapore

With so many options, choosing a bank and a tariff in Singapore seems challenging. We compared the most startup friendly tariffs in the popular banks in Singapore and found out what you need to open a corporate bank account for a local company.

News

Dream Team: OCBC Bank & Osome Celebrate Their Partnership

We are happy and humbled to be named a valued partner by OCBC Bank. We have been closely collaborating in our mission to bring you the most enjoyable client service. We operate on different scales but we share the same values, so working together has always been pleasant.

Foreigner's guide

Will the New Laws Scare the Business Away from the British Virgin Islands?

The British Virgin Islands seem to lose the offshore edge: the EU pressure forced the country to introduce new requirements for businesses. The rulebook compels paper-presence companies to show more substance in the tax haven. We examine if this new legislation is a game changer and why.

Secretary

How Does ACRA's BizFile Work in Singapore?

As a Singapore entrepreneur, you, or more likely, your Corporate secretary, are going to interact with Bizfile regularly. Residents can access the directory themselves while foreigners need to hire an agent to do that for them. Here are some of the major activities your business might need

Accounting

Goods and Services Tax (GST) in Singapore: What Is It and How It Works?

Once your company has generated over S$1 million in revenue within a year, you need to register for GST. We look into the process and the requirements.

Secretary

How to Report About Your Business Activity Type

As a rule, people starting companies already know what they’ll be doing. The authorities want to know, too, so they ask every entrepreneur about it. Let’s figure out how to decide on the answer and what rules to follow.

Foreigner's guide

How to Start a Business in Singapore from New Zealand?

Singapore taxes are low, company formation for foreigners is easy, and a foreigner can own 100% of a Singapore business. If you decide to move, the quality of life is high.

News

Osome Now Has 1,000 Clients

Today we celebrate our first 1,000 clients. Thank you for choosing us to be your guide in Singapore Business Administration.

Entrepreneur's Bootcamp

How Do I Choose Between Sole Proprietorship and Private Limited Company in Singapore?

Business structure should help your purpose. Choosing Sole Proprietorship or Pte Ltd will define the taxes you pay, the liability, and your obligations to the government bodies.

Foreigner's guide

What Taxes Do Australian Entrepreneurs Pay in Singapore?

Singapore corporate tax rate is 17% flat for foreigners and locals. The government supports startups with exemptions. And Singapore and Australia have a Double Taxation Agreement to avoid being taxed twice on the same income.

Foreigner's guide

How to Start a Business in Singapore from Australia?

Singapore taxes are low, company formation for foreigners is easy, and a foreigner can own 100% of a Singapore business. If you decide to move, the quality of life is high.

Tax

What Taxes Do Indonesian Entrepreneurs Pay in Singapore?

Singapore corporate tax rate is 17% flat for foreigners and locals. The government supports startups with exemptions. And Singapore and Indonesia have a Double Taxation Agreement to avoid being taxed twice on the same income.

Foreigner's guide

How to Start a Business in Singapore from Indonesia?

Singapore taxes are low, company formation for foreigners is easy, and a foreigner can own 100% of a Singapore business. If you decide to move, the quality of life is high.

News

70% of Entrepreneurs Prefer to Check in via MyInfo for Incorporation and Secretarial Services

Osome has integrated MyInfo to provide SingPass holders with a one-step business formation process, and two-thirds of their clientele use the new feature

Secretary

How not to Hold Annual General Meetings

Annual General Meetings are important. Firstly, they are compulsory. Secondly, vital subjects are discussed there: during AGMs, shareholders approve financial statements. Without the shareholders’ approval, your business can’t meet the filing requirements.

Dormant

Dormant Companies in Singapore

A company becomes Dormant if it has no business activity. The annual filings with ACRA and IRAS become easier and the maintanance is cheaper.

Foreigner's guide

What Taxes Do Malaysian Entrepreneurs Pay in Singapore?

Singapore corporate tax rate is 17% flat for foreigners and locals. The government supports startups with exemptions. And Singapore and Malaysia have a Double Taxation Agreement to avoid being taxed twice on the same income.

Foreigner's guide

What Taxes Do UK Entrepreneurs Pay in Singapore?

Singapore corporate tax rate is 17% flat for foreigners and locals. The government supports startups with exemptions for the first three years. And Singapore and the UK have a Double Taxation Agreement to avoid being taxed twice on the same income.

Foreigner's guide

How to Start a Business in Singapore from the United Kingdom?

Singapore taxes are low, company formation for foreigners is easy, and a foreigner can own 100% of a Singapore business. If you decide to move, the quality of life is high.

Entrepreneur's Bootcamp

What Structure Should I Choose for My Company?

There are 3 types of business organization you can choose from. They vary in terms of liability, the number of owners, and relationships between them.

Entrepreneur's Bootcamp

Roles and Responsibilities of Company Secretary in Singapore

The Company Secretary is responsible for your Singapore business compliance. You must appoint one within 6 months after incorporation.

Entrepreneur's Bootcamp

How to Change Corporate Secretary?

There are several red flags that tell you your current Corporate Secretary is not doing a good job: you have to wait for an answer for days, and follow up with reminders. You do not receive advice on regulation, and when you do it’s often unclear. You're unhappy with the price you pay.

Tax

Singapore Tax System Guide: Types & Rates

Singapore is famous for its attractive corporate tax rates. We explain how it works in a snapshot.

News

Osome Raises US$2 Million to Develop and Expand

The funding will support new product development and reaching new markets, including Hong Kong and Australia

Accounting

How Tax Exemptions Work in Singapore?

Singapore tax system is one of the best in the world for entrepreneurs. Learn how to benefit from opening your company and paying its taxes in Singapore.

News

Bonanza: A Deal to End All Deals

The Nominee is cheaper, the Secretary is unlimited, and the deposit is gone

News

Osome to Pioneer Cloud Community Network

Infocomm Media Development Authority (IMDA) names Osome a pioneer company to join the Cloud Community Network.

Foreigner's guide

What Taxes Do Indian Entrepreneurs Pay in Singapore?

A guide to Singapore corporate taxes and exemptions for foreign business owners

Incorporation

Can I Open a Company in Singapore under Dependant Pass?

You’re in Singapore under Dependant Pass and time has come to open your own business. Congratulations! Here’s what you need to do.

Foreigner's guide

How to Start a Business in Singapore from Malaysia?

Every year nearly 4,000 Malaysians register their company in Singapore. We put together the main questions they have into a simple guide that will help you grab business opportunities and become one of them.

Accounting

How Do Dividends Work in Singapore?

You’ve made a profit and thinking about paying it out to shareholders. Here’s all you need to know about dividends in Singapore

Incorporation

Who Is a Nominee Director in Singapore?

If you don’t have a resident director for your Singapore company, you’ll need a Nominee. We explain how it works and what his role is.

Entrepreneur's Bootcamp

What are Company Secretary Job Responsibilities?

A Corporate Secretary is an officer of the company responsible for internal compliance and all necessary documents required by law. Once you’ve set up a company, you have 6 months to find

Foreigner's guide

How to Start a Business in Singapore from India?

Every year over 3,000 Indians register their company in Singapore. We put together the main questions they have into a simple guide that will help you grab business opportunities and become one of them.

Foreigner's guide

How Can Expat Open a Company in Singapore?

You’re in Singapore under Employment Pass and time has come to open your own business. Congratulations! Here’s what you need to do

Foreigner's guide

How To Open a Company and Move to Singapore Under Employment Pass?

You plan to open a business in Singapore (or already have) and want to move there. The most common relocation option is Employment Pass — a visa that your company applies for and invites you to work. Find out what it takes and why it’s the easiest way in our simple guide.

Entrepreneur's Bootcamp

How and Why Can I Convert a Sole Proprietorship into a Private Limited Company in Singapore?

It makes sense to convert when you see that your business is doing very well. A Sole Proprietorship is a great way to test ideas. Once you know you’re going to stick

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