Foreign founders cannot incorporate a company online in Singapore directly through BizFile+ without local Singpass access, making engagement of a licensed Corporate Service Provider a legal necessity rather than an optional convenience. For a step-by-step overview, consult a foreigners guide how to start a business in Singapore. Five sequential steps complete the process. Document submission…
Budget 2026: Tax and AI Measures to Strengthen Investor Confidence Deloitte has shared its Budget 2026 wish list, calling for stronger Tax and AI Measures to support businesses, households and long-term economic growth in Singapore. The firm said these steps are needed as global spending slows and economic pressures remain uneven. The global economy is…
Where should a business base itself in Asia in 2026- Hong Kong, with no VAT or GST and a 16.5 per cent profits tax, or Singapore, where corporate tax is capped at 17 percent and regulatory enforcement is among the strictest in the region? The decision affects cash flow, hiring costs, audit risk, and cross-border…
Did you know that businesses in Singapore are penalised for GST even if they register late by mistake? Under Singapore law, once a business crosses or is expected to cross S$1 million in taxable turnover, GST registration is no longer optional. And if you miss that moment, the tax applies retroactively. In recent years, IRAS…
Dear Valued Customers, Welcome to Our December Newsletter 2025 A warm welcome to our final newsletter of 2025! What an incredible year it has been! As we close out the year, regulatory changes across the region continue to shape new opportunities for investors and business owners. In this edition, we highlight key developments in Singapore,…
Singapore’s migration program largely depends on work passes, permanent residence, and a handful of family visas that allow long-term stays. In 2023, according to government population data, non-residents accounted for more than one-fourth of the total population, and a significant proportion of marriages registered each year involved at least one foreign spouse. As permanent residence…
Hong Kong businesses expanding into Singapore must incorporate a local subsidiary or register a branch through ACRA’s BizFile+ portal, with the entire process completing within one to five business days at a total government cost of SGD 315. A subsidiary functions as a separate legal entity, limiting parent company liability while qualifying for Singapore startup…
Southeast Asia has moved from the margins of global corporate strategy to its centre. Foreign direct investment into the region crossed USD 230 billion in 2023, according to UN estimates, even as inflows into China slowed and global capital became more selective. Multinational companies are no longer scouring for a single Asian base. They are…
Selecting the right business registration service in Singapore directly determines how efficiently and accurately the entire incorporation process unfolds, making provider choice one of the most consequential early decisions for any entrepreneur. Five evaluation factors define quality providers. Service scope should cover ACRA filing, company secretarial support, local director provisions, and bookkeeping for businesses planning…
Registering a company in Singapore is often seen as a straightforward process, but anyone who has ever handled compliance requirements knows how quickly the paperwork can pile up. Between regulatory filings, ongoing statutory duties, Know Your Customer (KYC) checks, and strict deadlines, business owners can easily become overwhelmed. As Singapore continues to tighten corporate governance…
Singapore Commits S$37 Billion to Research, Innovation and Enterprise to Drive Future Growth Singapore has announced a major investment of S$37 billion under its new Research, Innovation and Enterprise (RIE) 2030 plan, aimed at strengthening key sectors such as semiconductors, digital technology, sustainability and healthy ageing. This marks a 32% increase from the previous RIE…
Starting an online business in Singapore is one of the most promising opportunities for 2026. With its world-class digital infrastructure, strong pro-enterprise policies, and reputation as Asia’s most trusted business hub, Singapore offers an ideal environment for entrepreneurs seeking to establish or expand their online ventures. Whether you are planning to launch an e-commerce store,…