Reading time 8 minutesInland 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 […]

  Reading time less than a minuteThe 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.

  Reading time less than a minuteLimited 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.

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

  Reading time less than a minuteA Micro VC fund is designed just like the traditional VC fund with a smaller fund size. Investments are more on seed stage emerging companies.

  Reading time less than a minuteA Limited Partnership (LP) is a partnership made up of two or more partners, wherein a general partner oversees and runs the business while bearing unlimited liability for the debt. On the otherhand, limited partners do not partake in managing the business and bearing limited liability up to the amount of […]

  Reading time less than a minuteA joint venture agreement refers to the written arrangement / proposal showing the fundamental rights and obligations of the parties involved in a joint venture.

  Reading time less than a minuteThe process of raising capital to support a business venture. The act of seeking and gathering voluntary financial contributions from individuals, businesses, charitable foundations, or governmental agencies

  Reading time less than a minuteThis is the most common type of valid work visa or work pass issued to skilled foreign workers in Singapore issued by the Ministry of Manpower (MOM).

  Reading time less than a minuteThe DRB programme provides qualifying SMEs with payouts of up to $10,000. This was initiated by the government with the aim to boost up the digital capabilities of Singapore’s food service and retail sectors.