Employment Pass Singapore (EP): A Complete 2025 Guide Key takeaways · The Employment Pass (EP) is a work visa for highly skilled foreign professionals seeking employment in Singapore. · To be eligible for an EP, you must have a job offer in a managerial, executive, or specialised role, possess recognised qualifications or skills, and earn a […]

What is Withholding Tax and How Does It Work? To understand the intricacies of the Singapore tax regime, it is essential to decode basic terms, one of which is withholding tax. Withholding tax is a crucial concept in Singapore’s tax system, ensuring that non-resident individuals and entities pay taxes on income generated within the country. […]

What is a UEN Number in Singapore, and Why Is It Important? Businesses operating in Singapore may have encountered the term UEN number several times, but foreign entrepreneurs who plan to incorporate a business in Singapore may be unfamiliar with it. Understanding the meaning of the UEN number is essential when registering for government grants […]

Under the Productivity and Solutions Grant (PSG) initiative from April 2020 to September 2021, SMEs can receive up to 80% in funding support for eligible business costs. This was released by the government of Singapore for the purpose of assisting SMEs looking to digitalise their processes and adopt IT solutions.

What is the Ministry of Manpower (MOM) Singapore? Complete Guide Ranked as the world’s most competitive economy in 2024, Singapore continues to thrive as a top global destination, attracting talents around the world. For anyone navigating Singapore’s professional landscape – whether as an entrepreneur or an individual, understanding Ministry of Manpower (MOM) Singapore is essential. […]

Inland Revenue Authority of Singapore (IRAS): A Complete Guide The Inland Revenue Authority of Singapore (IRAS) manages the country’s tax system. It is responsible for administering taxes and enterprise disbursement schemes. As a government agent, it provides services in administering, assessing, collecting, and enforcing payment of taxes. Understanding what IRAS Singapore is helps in staying […]

The SkillsFuture Enterprise Credit (SFEC) programme was initiated by the Singaporean government with the goal of developing enterprises and their workforce through credits for upskilling. Under the SFEC eligible SMEs will receive a one-off credit of S$10,000 to cover up to 90% of expenses on qualifying costs.

Limited Liability Partnership (LLP) is a form of partnership where each partner’s liabilities are limited to the amount they invested into the business venture. A LLP is a separate legal entity from its owners.

A mutual fund is a type of financial vehicle that combines shareholder funds to invest in securities such as stocks, bonds, securities, and other assets.

A Micro VC fund is designed just like the traditional VC fund with a smaller fund size. Investments are more on seed stage emerging companies.