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
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.
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!
Singapore Companies Don’t Pay Capital Gains Tax - True or False?
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.
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.
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.
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.
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.