Re-domiciliation in Singapore is Good From having business-friendly policies, great infrastructure, a stable economy, and honest laws, Singapore is one of the best business hubs in the world. It is very supportive of the business environment. This makes it easier for foreign companies because the re-domiciliation in Singapore is very common. Re-domiciliation is where the…
Information on the Singapore Company Law In Singapore, companies should follow a constitution upon incorporation. A company constitution should be amended later by following the correct procedure if necessary. However, Singapore companies do not prescribe rules that should be in the constitution. The provisions in the company constitution that violate regulations in the Companies Act…
What You Need to Know About Singapore Private Limited Company A Singapore private limited company is a business entity that is registered under the Singapore Companies Act. it has a legal identity different from the shareholders and directors. If you are planning to open one in Singapore, it is important that you are aware of…
Flexible Wages Are More Rational Than Retrenchments Hard times in business will naturally result in a shortage of funds. Thus, it is a phenomenon that no one wants to be part of. No matter if it is the lowest grade officer nor the business owner. Being struck with little business income may ultimately result in…
Transitioning Your Business Online – E-commerce Capitalize on e-commerce growth by transitioning your business online. 3E Accounting lays out the essentials to keep in mind. One of the pandemic’s positive effects has been to spur a great migration online and drive global e-commerce. Companies the world over have had to rethink strategies and apply innovation…
Making the Seamless Switch From Traditional to eBusiness Going from a traditional business to an eBusiness is something many entrepreneurs in Singapore are starting to consider. At 3E Accounting, we can help you transition with ease. How to Make the Change It is a big decision, but it also happens to be a decision…
Supporting President’s Challenge 2020 During COVID-19 3E Accounting Founder Lawrence Chai has presented a cheque donation of $25,000 to the President’s Challenge 2020. The President’s Challenge is a yearly community outreach and fundraising campaign to support and empower vulnerable groups within the community this year. Beneficiaries can utilize these funds to upgrade their skills, capacity-building…
IRAS is Making It Easier for Smaller Companies to File Their Taxes The Inland Revenue Authority of Singapore (IRAS) is making it easier for smaller companies to file their taxes this year. How Filing Taxes Will Be Easier Smaller companies can use a simplified version of the tax form called Form C-S (Lite). This…
Changing to the Payment Services Law is Necessary to the Nation’s Financial Security Money laundering is a constant battle for most economies. Without regulation, the unsolicited excess money will harm the economic balance than it does good. For the layman, more money may look good, but not necessarily on the national account. No country approves…
CNA: More Companies Helping Staff Make Better Use of Annual Leave As COVID-19 closed borders and impacted the jobs and livelihoods of many, 3E Accounting Founder Lawrence Chai shared with Channel News Asia how 3E Accounting is helping employees through this difficult period by allowing the carrying forward of unused leave for 2 years compared…
3E Accounting Founder Lawrence Invited to Project We Care Business Dialogue 2020 3E Accounting Founder Lawrence Chai attended our first-ever hybrid format Business Dialogue on 22 October 2020, hosted at the People’s Association Headquarters as member of the Project We Care CEOs and Business Leaders Network. Led by Project We Care Chairperson Wee Wei Ling…
A Secretary Should Know How to Manage Company Data As a secretary, they must know how to manage company data because it involves a lot of information on privacy. All companies in Singapore should appoint a secretary who is a resident of the country. It is important that they understand the importance of keeping company…