In line With Smart Nation Singapore, the Wage Credit Scheme Will Be Paid via Digital Payment Modes As a business owner, you would always find it hard to retain the right talent. It takes a lot of work to maintain the right talent. This is on top of the workload of making sure business is…
SGX Reporting Rules Made Easier, but a Safeguard is in Place Riskier Companies Now Subjected to Quarterly Compulsory Reporting The SGX reporting rules in Singapore is undergoing some major changes in a recent announcement by the Singapore bourse. The Singapore Stock Exchange (SGX) is now making it easier for businesses to focus on their…
Channel News Asia Interview on Cloud Based Accounting Channel News Asia interviewed 3E Accounting Founder Lawrence Chai on technology adoption in accounting services. This follows the release of the Singapore Business Federation’s annual National Business Survey 2019/2020. The Singapore Business Federation proposed the development of a supplier payment system as part of its Budget 2020…
Is Singapore Really a Tax Haven? When you hear the term “tax haven”, what runs through your mind? The thoughts that cross your mind would be a place where taxes are levied at a low rate or even zero tax rates. Then comes the question of risk. There isn’t a fixed definition for the term,…
A Foreigner’s Guide to Start a Business in Singapore – Basic Steps Foreigners can incorporate a business in Singapore with 100% ownership rights, benefiting from one of Asia’s most streamlined digital registration environments governed by ACRA with minimal bureaucratic barriers. Three structural options define how foreign entrepreneurs establish local presence. A Private Limited Company provides…
What are the Schemes in Place for Moving to Singapore as an Investor or a Worker? Moving to Singapore is not a hard task if you have a legit reason for doing so. The city-state is welcoming of immigrants, whether that be investors or professionals. However, you need to ensure you have proper guidance regarding…
Things You Need to Know about the Visas Regarding Working in Singapore as a Foreigner If you want to work in Singapore, you will need to apply for an immigration pass. This applies to both, entrepreneurs looking to start their own venture in the city-state and professionals who secure a job in a Singapore-registered company.…
If You Have Been in the Sole Proprietorship Company for Some Time, Why Not Convert Sole Proprietorship Into Private Limited for the Better When the urge to start business surfaces, an entrepreneur would commonly begin with a small business enterprise. This business enterprise would consist of a sole proprietor. It is common for businesses to…
Study on Working with Freelance Media Professionals – Conducted by SAMPP 3E Accounting participated in a study conducted by the Singapore Association of Motion Picture Professionals (SAMPP) and supported by the Info-communications Media Development Authority of Singapore (IMDA) to develop a code of conduct for Freelance Media Professionals in Singapore. Part of this study involved…
Budget 2020 Speech to Be Delivered in Singapore 18 February The Budget is Set to Tackle Immediate and Long-term Issues Singapore’s Finance Minister is set to deliver the annual speech for this year – the Budget 2020 speech – on 18 February. The announcement is set to be broadcasted on live television and radio.…
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 is one of the few places in the world where a 17% corporate tax rate, zero capital gains tax, and zero dividend tax exist within the same jurisdiction, and that combination is the result of a tax policy…