Company formation in Singapore implies completing several steps. In the process of registering a company, one must consider the legal and accounting requirements imposed by Company Law and various accounting regulations. Below, our accountants in Singapore explain the procedure of registering an enterprise in the city-state and the taxes you…
Accounting has been and remains one of the most important parts of doing business in Singapore and everywhere else in the world. Keeping track of transactions, recording invoices and other financial documents, and reporting to the relevant authorities are just some of the attributions of an accountant in Singapore. If…
Setting up a company in Singapore implies respecting various regulations, among which appointing a few key members in the management. An important requirement is for companies to have secretaries. The company secretary in Singapore must be appointed in accordance with the Company Law and the person holding the position must…
Starting a business in Singapore implies various stages, among which market research and choosing an appropriate legal entity that can prevent financial losses. These enter the category of risk assessment procedures that can be completed by a company owner with the purpose of reducing the probabilities of failure but also…
Tax planning refers to an analysis of the financial situation of a company or any other type of business and ensuring an efficient cutting of taxes. This is also possible in Singapore for most companies. One of the advantages of choosing to do business here is that the Singapore government…
Out of the many industries that thrive in Singapore, IT is for sure one of the most powerful. With a good internet connection and infrastructure, the city-state provides numerous development possibilities as it is also one of the most technologically advanced cities in the world. Setting up an IT business…
One of the main reasons many foreign investors come to Singapore is that they can set up businesses in numerous industries. Among these, there is also the consulting sector which in the city-state is far more developed compared to other countries around the world. This happens because Singapore is an…
The food and beverages industry in Singapore has registered substantial increases in the past few years, as it covers not only the needs of the city-state’s population, but it is also an integrating part of the tourism sector. There are numerous bars and restaurants that operate in Singapore, as thanks…
Tourism is one of the most prolific industries in Singapore. The city-state offers spectacular views, excellent services and stellar accommodation conditions which have helped this sector thrive and made foreign investors come here and open hotels. Running a hotel business is quite difficult to consider there are many aspects to…
Singapore is one of the most important trading hubs in Southeast Asia, with thousands of ships entering and leaving its port every year. This is one of the main reasons to set up a shipping company in the city-state. Apart from this, shipping companies also benefit from special tax regulations…
