Reading time 9 minutesWhat Is E-Invoicing? Key Benefits Every Singapore Business Should Know In today’s digital-first economy, efficiency isn’t just an advantage – it’s a necessity. Whether you’re a startup founder, a C-suite executive, or an ambitious consultant seeking to establish your presence in Singapore, adopting modern tools like e-invoicing can give your business a competitive […]
Reading time 9 minutesWhat is Cloud-Based Accounting Software and its Key Benefits for Businesses In today’s fast-paced, globalised world, businesses must stay agile to thrive in an ever-evolving landscape. Keeping up with change is essential as international trade and cross-border transactions become the norm. One key area is accounting, and modern accounting services are now leveraging […]
Reading time 9 minutesWhat is a Private Limited Company (Pte Ltd) in Singapore Registering your business as a Private Limited company is one of the most popular and strategic moves you can make. But what does a private limited company mean? A private limited company, also commonly known as Pte Ltd in Singapore, is a separate […]
Reading time 10 minutesAs one of the most business-friendly nations in the world, Singapore attracts entrepreneurs and investors worldwide looking to expand their businesses in Asia. For foreign entrepreneurs, EntrePass serves as a gateway to setting up and starting a business in Singapore. This blog is a complete guide for foreign entrepreneurs in Singapore. It covers […]
Reading time 8 minutesAccounting Services in Singapore: Essential Guide for Startups Singapore has rapidly evolved into a powerhouse for startups, boasting over 4,500 new ventures since the startup scene took off in 2012. This significant growth stems from a strong tech scene, excellent infrastructure, and supportive government policies. While opportunities are abundant in this city-state, it’s […]
Reading time 11 minutesWhat 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 […]
Reading time 8 minutesWhat 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 […]
Reading time 8 minutesDifference between MOA & AOA: Why Both Documents Matter in Company Formation Starting a business requires careful planning. Beyond selecting a business name and structure, one crucial step is preparing incorporation documents. In Singapore, two key documents are important: the Memorandum of Association (MOA) and the Articles of Association (AOA). Since the Companies […]
Reading time 9 minutesSole Proprietorship: Meaning, Features and Benefits Starting a business venture is an exciting milestone – whether you’re a first-time or a seasoned entrepreneur. Singapore offers a thriving environment with a robust business infrastructure, a favourable tax regime and economic and political stability. But what business structure is suitable for your business? One of […]
Reading time 10 minutesCorporate Accounting: Meaning, Importance, and Types Explained Corporate accounting is the backbone of every business. It transforms financial data into actionable insights by gathering, analysing, classifying, interpreting, and presenting data. Today’s dynamic business landscape requires businesses to possess a blend of skills, technical expertise, relevant experience and advanced digital tools to ensure compliance […]
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