Lim Wan Er

f 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. Renting a space will be a huge expense for startups and SMEs, and has both its advantages and disadvantages.

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.

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.

Currently, the tax on corporate profits is capped at 17% in Singapore. This is the standard tax rate you will have to pay if you want to operate your company in Singapore.

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.

When you first complete the incorporation of your company, you will have to issue share certificates. As your company grows, you might also want to raise more capital to run your business by selling parts of your company via shares.

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.

As more businesses turn digital, the Singapore government implemented the Electronic Transactions Act ( ETA) in 1998, a law that addresses issues around ecommerce and info-technology. It provides a legal framework that touches nearly all digital services such as ecommerce, electronic records, electronic contracts, signatures, etc. This article addresses what ETA means for businesses, and the legality entering into an e-contract within the framework of the ETA.