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…
Singapore and Australia to Share Data to Lower Tax Evasion The Inland Revenue Authority of Singapore (“IRAS”) and the Australian Taxation Office (“ATO”) have entered into a Competent Authority Agreement (“Agreement”) on the automatic exchange of financial account information (“AEOI”) based on the Common Reporting Standard (“CRS”). The CRS is an internationally agreed standard for…
3E Accounting Pte Ltd appreciates the Straits Times (Singapore’s most popular and widely read newspaper) for recognising their efforts to protect pregnant staff and employees from the Zika virus. Declared as a global health emergency by WHO (the World Health Organisation), the Zika outbreak has become a big concern for everyone worldwide. Concerned employers across…
Enterprise Services Insights ranks 3E Accounting Pte Ltd among the top 10 premium compliance service providers of 2016 in the APAC region. The introduction of strict regulatory laws & legal framework changes has made it extremely important for enterprises across Asia Pacific to meet and conform to the new standards in order to stay ahead…