Reading time less than a minuteDigital Corporate Services refer to a range of online solutions that assist businesses in managing their corporate and administrative tasks efficiently. These services utilise digital platforms or cloud technology to streamline processes like company registration, compliance filing, accounting, payroll, and tax reporting.
Reading time 9 minutesCompanies Act Singapore: Understanding its Role in Business Operations The Companies Act Singapore regulates companies’ incorporation, operation and dissolution, ensuring compliance within the country’s business ecosystem. It applies to all private and public companies incorporated in Singapore and foreign companies with branches in Singapore. By providing a legal framework, the Act fosters a […]
Reading time less than a minuteThe distribution of various services, such as data storage, servers, databases, networking, and software, through the Internet is known as cloud computing. The reason for the moniker “cloud computing” is because the information being accessed is located remotely in the cloud or another virtual location.
Reading time 12 minutesBookkeeping and its Importance As an age-old practice in organizations’ financial and accounting departments, bookkeeping has a strong foothold in every industry. It is the foundation for consistent financial reporting and practice, ensuring businesses accurately maintain income, expense, assets, and liabilities records. In the below sections, we’ll dive deep into what bookkeeping is, […]
Reading time less than a minuteA financial asset that does not fit into one of the traditional investment categories is known as an alternative investment. Private equity or venture capital, hedge funds, managed futures, art and antiquities, commodities, and derivatives contracts are examples of alternative investments.
Reading time 9 minutesAnother change has come in Singapore’s fiscal landscape with the upcoming implementation of the 2024 Goods and Services Tax (GST) rate change. Let us dive into the intricacies of this impending adjustment, shedding light on the origins and implications of the Singapore GST rate change set to take effect in the coming year. […]
Reading time 10 minutes A recession is a period of economic decline characterised by high unemployment and a downward trend in business profitability. This phenomenon makes it difficult for businesses to make money and even more difficult for investors to invest — but there are ways for companies to make the most out of the situation. […]
Reading time 10 minutesAs businesses and investors expand, cross-border taxation knowledge becomes more integral in pursuit of global financial growth. With different tax laws in every country, businesses need to understand the taxation policies to ensure compliance and avoid any legal implications. For most investors, diversifying your portfolio across borders can yield substantial rewards. However, as […]
Reading time 4 minutesIn the past year or so, the term ‘equity and social justice’ has become mainstream due in part to the Black Lives Matter protests. What started because of the death of George Floyd under police custody, had a ripple effect on all aspects of life, including equity in the workplace. Companies and institutions are responding […]
Reading time 12 minutesStarting a business in Singapore can be an exciting and challenging experience. With its thriving economy, low tax rates and pro-business environment, the city-state is considered a popular destination for entrepreneurs and investors. However, setting up a company in Singapore also requires careful planning and preparation, as it can be a complex process with many […]
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