6 Things You Need To Do After Your Company Has Setup After setting up your business, what is the next step? There are 6 things you should know and need to do after your company has setup, which includes accounting and bookkeeping, prepare financial statement, report income tax, register GST, hiring of staff and business…
Why Singapore is the best place to start your business in Asia? The choice you made where to start your business is very crucial. As each country has its own sets of variables that come into play. Hence, before making any decision for setting up company Singapore, thorough consideration has to be done. If you…
Dear Reader, Welcome to our E-Newsletter November 2016 We are glad to present you our newsletter for November. What’s new and exciting this month? Ready to Support In this issue of newsletter, we are glad to share with you that we are now one step further into our expansion quest by welcoming our new network…
Managing Director Charged For Collecting Over $105,000 In Kickbacks by MOM On 11 October 2016, the Ministry of Manpower (MOM) charged Ng Boon Cheng (Ng), the Managing Director of Lian Lee Wooden Case Maker Co Pte Ltd, with 20 counts of collecting kickbacks amounting to $105,235 from 20 of his foreign workers, as a condition…
ACRA issued second report on key findings from reviews of listed companies’ financial statements Companies are responding positively to measures taken to improve quality financial reporting instituted by ACRA’s Financial Reporting Surveillance Programme (FRSP). In the second annual FRSP report issued, it was observed that companies took quick action to rectify financial reporting gaps highlighted…
Why You Should Consider Expanding to Asia? Whether you’re a US based business owner or a European entrepreneur, if you’re looking to achieve global success, then it makes sense to penetrate into newer markets and cater to target audience located internationally. Consider expanding to Asia to experience success like never before as Asia has become…
Expanding and Setting Up a Business in Indonesia to Enhance Business Growth Recognised as the land of opportunities among both local and international entrepreneurs, Indonesia is becoming one of the most sought after places among business owners to setup operations. In South East Asia, Indonesia is known for having the largest economy with roughly half…
Protection Against Any Virus Outbreak Is Vital Especially For Working People The nation is threatened with another virus outbreak, the Zika virus. The mosquito-borne Zika virus infects the Aedes mosquito explicitly. Being a tropical country, Singapore experiences wet and humid weather all year round. That can lead to dampness in natural habitat. The Zika outbreak…
Their Services Rendered For The Good Of Our Nation Is Immeasurable When there is a threat hovering over Singapore, who will first provide protection? The Singapore Armed Forces (SAF), of course! They are the front-liners of protection safeguard the nation. Be it a global threat or a local hazard; our servicemen have always given their…
Dear Reader, Welcome to our E-Newsletter October 2016 It’s time for new updates and interesting news again! What do we have for you this month? Needing any global reach? If you are looking at business expansion or reaching out to people globally, yes, we could assist you even better now. During the month, we…
Singapore and the United Kingdom Sign Agreement for Automatic Exchange of Financial Account Information The Inland Revenue Authority of Singapore (“IRAS”) and Her Majesty’s Revenue and Customs (“HMRC”) signed a Competent Authority Agreement (“Agreement”) on the automatic exchange of financial account information (“AEOI”) based on the Common Reporting Standard (“CRS”) on 16 September 2016. The…
What is Singapore Corporate Access (CorpPass)? Singapore Corporate Access or CorpPass is a single corporate digital identity for business users to conduct Government-2-Businesses (G2B) transactions. CorpPass will be progressively rolled out from Sep 2016 to Dec 2017, with more digital services added in each phase. It will replace SingPass/EASY and agency-issued login IDs for businesses…