Singapore’s Economy Manages to Grow Despite Gloomy Global Economy In Southeast Asia, Singapore has always been a feisty contender in a secure and robust economy. Its solid foundation as a trading port and a financial hub ever since the 1960s has weathered several economic crises. The government of Singapore has always been proactive in making…
Rates and Rules of Singapore Tax: How Does Personal Tax and Corporate Tax in Singapore Work? Singapore, as a city-state, has one of the lowest tax rates in the world. Additionally, the residents benefit from many incentives, all of which decrease the total amount of tax they file. Today, we discuss everything you need to…
Over Half of All Singaporean Employers Confident About 2020 Growth High Level of Business Confidence Although 2019 was marked by various economic challenges such as the US-China trade war, Singapore’s business environment remains buoyant as a study by recruitment firm shows that 55% of Singaporean employers cited high levels of confidence in their business…
Strong Training Framework Is Helpful To Employees And Companies In Singapore Plug Skills Gap By Improving Training Singapore’s Manpower Minister highlighted the importance of a robust training framework at the recent launch of Workforce Singapore (WSG) programme, “The gap between jobs and skills will widen as businesses transform in the digital economy, but Singapore…
Requirements of Company Registration in Singapore – Guides You Should Know Business Potential Singapore is consistently ranked as one of the top countries in the world on the World Bank’s ease of doing business index. It is a tax haven which has the 7th highest GDP per capita in the world. Business opportunities are…
Many Couples Are Unaware of the Importance of an LPA for Marriage. Let Us Take a Close Look at the Benefits of an LPA Many people are not aware of the meaning of the phrase “power of attorney”, as well as, whether they really require one or not. The confusion is even more as the…
Growth in Employment Raises Hopes for 2020 Stronger Job Market Than Expected The 2019 Singaporean job market has turned out to be stronger than predicted, leading many analysts and recruiters in the private sector to predict increased hiring in 2020. Recent data from the Ministry of Manpower (MOM) indicated that total employment growth grew…
Rebranding: The Key to Updating Your Company – Preparations and Steps Going With the Flow The rapid digitalization of our era is constantly bringing in new advancements. It is no wonder that products and services are often being updated to keep up with the technological flow. Similarly, Singapore companies also have to keep themselves…
LPA for Widow and Make Your Will if You Are a Singaporean While many Singaporeans realize the importance of making an LPA for widow, very few actually end up doing so. The article highlights all you need to know about the legal aspects, consequences, and benefits of doing so. Lasting Power of Attorney It…
Data Alignment Exercise by ACRA to Streamline Information Streamlining Information and Records for Greater Efficiency Streamlining information across relevant government records in Singapore is going to be easier with the data alignment exercise initiative. Under the National Registration Act, position holders who have their information filed with the Accounting and Corporate Regulatory Authority…
Dear Valued Customers, Welcome to our E-Newsletter January 2020 What an incredible year it has been for all of us at 3E Accounting! Despite the uncertainties and challenges that the global economy presented throughout the year, 3E Accounting Singapore team worked relentlessly to put the needs of our clients as our priority. As we wrap…
Survey on Digital Advisory Services for SMEs in Singapore Increasingly, Small and Medium Sized Enterprises (SMEs) need to leverage digital technology in business and keep up with the fast pace of technology changes. At 3E Accounting, innovation is in our DNA. In August, we set up our in-house Digital Research and Development team, the first…