Reading time 5 minutes Last Updated on November 2023For all foreigners incorporating businesses in Singapore, having a nominee director is crucial. Why? Based on the regulations from Accounting & Corporate Regulatory Authority (ACRA), all companies in Singapore must have a local resident director. Read on to find out what nominee directors do, and how to appoint […]
Reading time 3 minutesRunning a company can be challenging due to the need to meet multiple compliance deadlines. That’s why we’ve created a Singapore economic calendar, a simple and comprehensive financial guide highlighting the important events and dates to be remembered. At a glance, here is the timeline for a typical company. This assumes their Financial […]
Reading time 3 minutesMany of us at Lanturn are entrepreneurs and/or investors. So we keep a close eye on fundraising trends in Asia. Not only does it impact us directly. It also affects our clients, both funds, and the many early- and growth-stage companies we work with. And while it might be a bit early to […]
Reading time 5 minutesLast Updated on January 2024 To young startups, managing finances can be overwhelming, leading to financial stress. That’s where virtual CFO services come in. With outsourced CFO services, you can get the right financial guidance to help you manage cash flow, fundraising, projections, and pricing to ensure your startup’s survival without the commitment […]
Reading time 8 minutesProfessionals seeking to work in the Lion City must have a valid pass or work visa in Singapore. There are many different work passes in Singapore – but for foreign professionals, managers, and executives, the work passes they can usually secure are an Employment Pass (commonly known as EP). But the process of obtaining a work pass isn’t always […]
Reading time 6 minutesAs Singapore digitalises and consumers become savvier with regard to personal data protection and privacy rights, companies are now expected to do more to protect their customers’ data. Fair commercial use of personal data is now governed by the Personal Data Protection Act (PDPA). How are startups able to realistically comply with the […]
Reading time 3 minutesDue to the digital nature of our business, our operations are largely unaffected by the Circuit Breaker measures. This means we will be able to assist with Corporate Secretarial Services, including business incorporation, bank account opening, and cheque deposits. We realize that we are fortunate to be in this position. Here’s a message […]
Reading time 7 minutesFor Singapore businesses, regulatory compliance is crucial. The country’s reputation as a trusted business hub in Southeast Asia is thanks to government measures that prevent illicit activities in corporate entities. All businesses in Singapore must comply with these regulatory requirements. Here’s how it works. What is Regulatory Compliance? Regulatory compliance is an organisation’s […]
Reading time 4 minutes With highly regulated financial institutions in Singapore, routine KYC, CFT, and AML checks must be performed by any business engaging in fund services to prevent money laundering, terrorism financing, fraud, and other illicit activities. For those not familiar with or just starting out in this industry, KYC, CFT, and AML are […]
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