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
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.
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.
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.
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.
Setting Up An Offshore Company in the UK
Wondering about the characteristics of a UK Offshore Company? Or what are the best company structures for one? We cover this and what its liability to income tax and capital gains tax are.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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?
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.
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.
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.
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.
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.
Setting Up a Company: How to Prepare Your Company Constitution
This document is part of a legal requirement in your company’s incorporation process. Find out how to draft one.
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.
Find the Right Fit: Which Corporate Structure is Best for my New Company
Now you’ve decided to set up a company, which business structure would be the best? We take you through to find the right fit.
Getting Your Business Registration Certificate
We illustrate how simple and seamless the process of getting a business registration certificate can be.
5 Things to Consider When Setting up an E-Commerce Business in UK
While starting an online venture can potentially be a rewarding business option, it involves more than just setting up a website and getting started on sales. Here are things to consider from the administrative side of setting up your business.
E-commerce in Hong Kong: How to Set Up Your Company?
Whether you have an existing retail business and are thinking of pivoting your business model, or just starting from scratch to open an online shopping store in Hong Kong, we’re here to help you make your company official.
An Employers’ Guide to MPF in Hong Kong
As a new employer, you need to be aware of different schemes under the Mandatory Provident Fund (MPF) to kickstart your hiring process. This article will take you through what MPF is about.
A Quick Guide on Directors' Duties in Hong Kong
Being a director is as prestigious as it is cumbersome, or so they say. Let's look at directors' duties in Hong Kong and try to evaluate how much risk comes with this respectable job title.
Director’s Duties, Responsibilities and Liability Under English Law
Being a director, although prestigious, entails a lot of rules to play by, and mistakes can result in serious penalties. This article written by a practicing lawyer will help you understand the rules and decide if you want to take the director’s chair.
How Accounting Is Different from Bookkeeping?
In short, bookkeepers record transactions of your company, then accountants summarise, interpret and report them. We explain who needs both specialists and why a bookkeeper can't substitute an accountant.
Pointers to Get Your ID Approved by Companies Registry on Your First Try
When setting up a company in Hong Kong, foreign directors and shareholders must submit a notarized copy of their ID. We explain how to obtain a document that will pass the requirements
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
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!
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.
Tips on Opening a Business Bank Account in Hong Kong
In 2020, a mere wish to open a business account is not enough. One needs to convince the bank that they can trust them. Every case is unique, but we gathered some universal insights from practising lawyers, explained the procedure, and outlined the questions you will be asked
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
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!
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.
What is a UK Company Registration Number?
CRN is an important and unique way to identify your company as a legal entity. Also known as a business registration number, UK company number or a registered company number, you’ll find that the most common abbreviation used is “CRN”.
A Private Limited Company in Hong Kong: Is It for Me?
A private limited company is winning the race among all the business structures in Hong Kong. We look under the bonnet of an Ltd. and why it might suit you.
How to Use Companies House Services, aka Companies House Beta
Companies House is an online service to check all data about businesses registered in the UK. So, let’s find out how many companies Richard Branson directs and what is the P&L of Tiffany & Co.
How to Open 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.
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.
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.
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.
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.
What are Company Secretary Job Responsibilities?
Once you’ve set up a company, you have 6 months to find a Corporate Secretary. But what are company secretary's duties and functions? What are the Corporate Secretary's responsibilities? Do I need
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