Singapore Secures 9th Position in the 2025 Global Startup Ecosystem Rankings Singapore has secured the 9th spot in the 2025 Global Startup Ecosystem Rankings. The city state’s startup scene is valued at $185 billion, which is well above the global average of $26.15 billion. Furthermore, its early-stage funding reached US$4.4 billion between late 2022 and…
IPO Listing Rules in Singapore to be Eased to Attract More Companies Singapore has proposed changes to simplify its initial public offering (IPO) listing process in an effort to attract high-growth firms and revive its struggling stock market. Key features to look out for in this proposal include eliminating the need for third-party verification of…
Singapore operates one of the most precisely calibrated labour markets in the world. With a resident population of just under four million and an economy that consistently ranks among the most competitive globally, the country has long relied on foreign workers to sustain growth across its most labour-intensive industries. As of December 2025, more than…
Dear Valued Customers, Welcome to Our June Newsletter 2025 Hello and welcome to the June edition of our 3E Accounting newsletter! We’re finally at the halfway mark of the year and this month, like every month before this, has been packed with updates that you’ll find relevant as a business (or potential business) entrepreneur looking…
Singapore, 12 June 2025 — Aspire, the all-in-one finance platform for modern businesses, has selected 3E Accounting as one of the Incorporation & Corporate Secretary partners for Aspire Launchpad, offering founders and entrepreneurs an integrated pathway from company formation to banking and beyond. “We’re excited to have 3E Accounting on board to Aspire Launchpad,” said Denis…
Southeast Asia is one of the fastest-growing regions in the world, and the two countries that constantly grab the attention of investors are Singapore and Indonesia. Each offers something very different – Singapore is a small but powerful financial centre, while Indonesia is a vast and resource-rich country with a booming local market. Let’s look…
Singapore’s Government Launches Temporary Financial Support Scheme for Unemployed Job Seekers Hello, financial support, goodbye stress. Starting 15 April, the Singapore government will roll out a new financial support program designed to assist lower- and middle-income residents who are currently unemployed. This is a massive sigh of relief for those who need it. Under the…
Starting and running a company in Singapore used to mean juggling a dozen government websites, paper forms and passwords, one for ACRA, another for CPF, yet another for grant applications. GoBusiness Singapore changes all that. Jointly built by the Ministry of Trade & Industry (MTI), the Smart Nation & Digital Government Office (SNDGO), and GovTech, the portal now weaves more than…
Expanded Opportunities for Work Permit Holders in Singapore: Full Guide Significant changes are being introduced to Singapore’s work permit system to provide greater flexibility for workers. One of the biggest shifts is removing the cap on the duration that most work permit holders, excluding domestic workers, can stay in the country. Instead of being limited…
Business Sentiment Is At Its Peak Since 2019 Among Singapore’s Small Enterprises The business sentiment among small businesses in Singapore has reached its peak since 2019. With over 60% expecting growth in 2025, businesses in the city-state are looking forward to the future. Confidence in the country’s economic outlook is also on the rise. 63%…
Foreigners can hold 100% ownership of a Singapore company but cannot self-register, requiring engagement of a registered filing agent to submit incorporation documents through ACRA’s BizFile+ portal on their behalf. Four mandatory requirements govern every successful application. At least one locally resident director must be appointed, with nominee director services available through registered corporate service…
In Singapore, companies have the flexibility to choose their own fiscal year end (FYE), thanks to the provisions under the Accounting and Corporate Regulatory Authority (ACRA) and the Companies Act of 1967. This decision, while seemingly administrative, plays a crucial role in shaping a company’s compliance calendar, tax obligations, and financial strategy. Your selected FYE…