Reading time 6 minutes If one would like to delve into the fund management industry in Singapore, getting MAS compliance approval would be one major requirement to secure. Although Singapore is known to be one of the best places to do business, its regulations and government compliance requirements can be complicated to navigate – especially for […]
Reading time 4 minutesThere are several options for setting up a company in Singapore, namely a sole proprietorship, a limited liability company (LLC), and a limited liability partnership (LLP). Each of the three company types mentioned above brings its benefits and drawbacks discussed below. We hope we can help you decide which kind of company best […]
Reading time 4 minutesAs your venture flourishes with dedicated time, capital, and effort, the question arises: “Should I proceed with company incorporation in Singapore?” While incorporating a company does come with added complexity and obligations compared to a sole proprietorship, it also brings numerous advantages. Discover the benefits of Singapore incorporation and unlock new possibilities for […]
Reading time 4 minutesWhen producing goods and services, a company must pay two main types of costs: variable costs and fixed costs. As the name suggests, variable costs may change depending on the total output produced, whereas fixed costs remain constant, regardless of the total output produced by the company. The difference between fixed and variable […]
Reading time 3 minutesThere’s no denying the COVID-19 impact on businesses. The global pandemic caused a massive economic downturn and Singapore is no exception. During the first year of the pandemic in 2020, Singapore experienced an overall economic decline of 5.8%. This figure is slightly better than the drop of 6 to 6.5% predicted by Singapore’s Ministry […]
Reading time 12 minutesSingapore Work Visa: Types, Application Process and Eligibility Whether you are planning to relocate to Singapore or exploring work opportunities, Singapore is a magnet for job seekers. Given its thriving economy, political stability, and multicultural environment, it’s no wonder that Singapore has become a top destination for foreign professionals who want to advance […]
Reading time 4 minutes Good accounting practices are essential for every business, and accounting software can help streamline and optimise those practices. With Xero and Dext, companies can ensure clean financial health, stay compliant with tax laws, and gain complete visibility of their income and expenses. Accurate financial information also empowers stakeholders to make informed business […]
Reading time 6 minutesMany of the top hedge fund managers are looking for alternative investment paths like cross-border investments. At the same time, inflation casts a shadow over the economy and low-interest rates knock fixed-income investments like government bonds, the stock market is thought to be overvalued. What do investors and fund managers do? Setting up […]
Reading time 5 minutesThe Singapore tax system boasts a comprehensive and business-friendly tax regime that has made it a global leader in attracting investments. With its attractive corporate tax rates and business-positive laws, Singapore has become a preferred destination for both businesses and individuals. If you are someone who’s interested in taking advantage of the country’s […]
Reading time 8 minutesSingapore incorporation for locals and foreigners is easier than others may think. The country makes starting and growing a business in Singapore easier than in most countries. The World Bank recognizes this fact and has even ranked Singapore among the top three most business-friendly countries globally, and has held that position for over a decade. […]
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