Income Received in Singapore from Abroad Under Section 10(25) of the Income Tax Act, income from outside Singapore is considered received in Singapore when it is: a. remitted to, transmitted or brought into Singapore; b. used to pay off any debt incurred in respect of a trade or business carried on in Singapore; or c.…
Doing Business in Asia – Why Investors Have Their Sights Set On Asia’s Growing Economy Asia is home to some of the largest markets in the world, one of them being China, one of the biggest economic powerhouses in the world. Asia has experienced tremendous economic growth over the years, mainly due to the size…
Doing Business in Indonesia The Potential Some countries in Southeast Asia have been performing healthy fundamentals. They are Indonesia, Singapore, and Thailand. As one of the region’s best performers, Indonesia has reported low debt levels, positive credit impulse, and strong domestic consumption. Five Prospective Sectors in Indonesia Household consumption, which becomes one of…
Do It Yourself Vs Engage A Corporate Service Provider in Singapore We live in rapidly changing times, especially for businesses. As such, challenges are everywhere. And businesses – in general, and start-ups in particular – are no exception to the myriad of challenges that we have today. Often, small business owners and young entrepreneurs are…
We are delighted to be featured in ISCA Journal for being Singapore’s First and Only Home-grown Global Accounting Network on 8 April 2017. ISCA Journal’s write-up on Singapore’s First and Only Home-grown Global Accounting Network. The 3E Accounting International Network is Singapore’s first and only home-grown global accounting network. Starting from scratch, Lawrence Chai, behind 3E Accounting,…
Dear Reader, Welcome to our E-Newsletter April 2017 It gives me an immense sense of happiness and honor to announce that 3E Accounting International Network is growing and expanding fast. On March 2, 3E Accounting Singapore was honored to be awarded the Best Home-grown Global Accounting Network by Singapore Brand. The award, portrays not only our…
We are delighted to be featured on The Straits Times as a firm that are Offering More Leave for New Mums on 28 March 2017. 3E Accounting are one of the firms mentioned in the article that emphasizes on Singapore work life balance for employees who are or becoming a parent. The Straits Times article on Firms…
Leave for New Mums – Female Employees Get More Time Off More Leave for New Mums to Support Work-Life Balance 3E Accounting is proud to be recognised in Singapore as one of the Firms offering more leave for new mums to support the hardworking female employees. Mr. Lawrence Chai, the company’s managing director, has always believed…
Companies Act Amended to Enhance Transparency in Singapore as a Global Hub for Businesses The Companies Act was amended in Singapore with the aim to ensure that corporate regulatory regimes continue to remain robust. The changes were also done with the aim to support Singapore’s growth as a global hub for businesses and investors. To…
We are privileged to receive The NS Mark Accreditation on 28 February 2017 for supporting the National Service by implementing pro-National Service policies and human resource practices. 3E Accounting has attained the NS Mark for being one of the businesses and organisations that pledge their commitment and sign the Declaration of Support for National…
UPDATES – Revenue threshold increased to S$5 million for ECI waiver and Form C-S ECI The revenue threshold for ECI waiver will be increased from S$1 million to S$5 million. This updated criteria for ECI waiver will apply to companies with financial year ending in or after July 2017. Company’s Financial Year ends Criteria…
Over 85,000 Employers to Receive $660 Million in Wage Credit Scheme Payouts Over 85,000 employers in Singapore will receive about $660 million in Wage Credit Scheme (WCS) payouts by 31 March 2017. SMEs will receive around 70% of the sum disbursed. Through the WCS payouts in March 2017, the Government co-funds 20% of the qualifying…