Singapore and the United Kingdom Sign Agreement for Automatic Exchange of Financial Account Information

Singapore and the United Kingdom Sign Agreement for Automatic Exchange of Financial Account Information

Singapore and the United Kingdom Sign Agreement for Automatic Exchange of Financial Account Information The Inland Revenue Authority of Singapore (“IRAS”) and Her Majesty’s Revenue and Customs (“HMRC”) signed a Competent Authority Agreement (“Agreement”) on the automatic exchange of financial account information (“AEOI”) based on the Common Reporting Standard (“CRS”) on 16 September 2016. The…

Singapore Corporate Access (CorpPass)

Singapore Corporate Access (CorpPass)

What is Singapore Corporate Access (CorpPass)? Singapore Corporate Access or CorpPass is a single corporate digital identity for business users to conduct Government-2-Businesses (G2B) transactions. CorpPass will be progressively rolled out from Sep 2016 to Dec 2017, with more digital services added in each phase. It will replace SingPass/EASY and agency-issued login IDs for businesses…

Singapore and Australia to Share Data to Reduce Tax Evasion

Singapore and Australia to Share Data to Reduce Tax Evasion

Singapore and Australia to Share Data to Lower Tax Evasion The Inland Revenue Authority of Singapore (“IRAS”) and the Australian Taxation Office (“ATO”) have entered into a Competent Authority Agreement (“Agreement”) on the automatic exchange of financial account information (“AEOI”) based on the Common Reporting Standard (“CRS”). The CRS is an internationally agreed standard for…

Singapore Zika Awareness

3E Accounting Pte Ltd Appreciates the Straits Times for Recognising Their Employee Protection Efforts during the Zika Outbreak

3E Accounting Pte Ltd appreciates the Straits Times (Singapore’s most popular and widely read newspaper) for recognising their efforts to protect pregnant staff and employees from the Zika virus. Declared as a global health emergency by WHO (the World Health Organisation), the Zika outbreak has become a big concern for everyone worldwide. Concerned employers across…

Enterprise Services Insights 3E Accounting Top 10 Premium Compliance Service Provider

Enterprise Services Insights Ranks 3E Accounting Pte Ltd among the Top 10 Premium Compliance Service Providers in the APAC Region

Enterprise Services Insights ranks 3E Accounting Pte Ltd among the top 10 premium compliance service providers of 2016 in the APAC region. The introduction of strict regulatory laws & legal framework changes has made it extremely important for enterprises across Asia Pacific to meet and conform to the new standards in order to stay ahead…

Setting Up Business in Vietnam

How to Expand Your Business in Vietnam

How to Expand Your Business in Vietnam Over the last six years, Vietnam has become one of the top places for business expansion and investment among US investors and exporters alike for all the right reasons. Ranked among the fastest emerging markets, Vietnam has one of the highest economic growth rates worldwide, increasing rapidly at…

Total Debt Servicing Ratio(TDSR) Rules Tweaked for Refinancing of Existing Home Loans

Total debt servicing ratio rules tweaked for refinancing of existing home loans

Total Debt Servicing Ratio(TDSR) Rules Tweaked for Refinancing of Existing Home Loans Existing home owners looking to refinance their home loans will enjoy more flexibility with relation to the Total Debt Servicing Ratio (TDSR), the Monetary Authority of Singapore said on Thursday (Sept 1) The move will allow property owners to take advantage of current…

New Conditions for Factory-Converted Dormitories From 1 January 2017 by MOM

New Conditions for Factory-Converted Dormitories from 1 January 2017

New Conditions for Factory-Converted Dormitories From 1 January 2017 by MOM All operators of Factory-Converted Dormitories (FCDs) must meet four new conditions imposed by the Ministry of Manpower (MOM) when seeking approvals or renewals to use their industrial premises to house foreign workers, from 1 January 2017. This follows MOM’s call earlier this month to…