Obtaining a Unique Entity Number, or UEN, is a statutory prerequisite in Singapore for businesses and other entities to obtain lawful accreditation and seamless interaction with government agencies. It enables easy tracking of an entity through the official UEN search databases to map its progress and regulatory alignment with the codified obligations. The UEN issuing…
Singapore has long been recognized as a beacon of fiscal stability and entrepreneurial success, offering a conducive environment for local and international businesses to thrive. The unveiling of the Singapore Budget 2025 further strengthens this reputation, focusing on enhancing existing programs and introducing new strategic initiatives aimed at empowering Singapore businesses of all sizes. These…
Dear Valued Customers, Welcome to Our March Newsletter 2025 Welcome to the March edition of our newsletter! As we step into a new season full of opportunities and growth, we’re excited to share the latest updates, highlights, and happenings with you. We’ve been very busy across our main hubs like Singapore, Malaysia, Hong Kong and…
A $5 Billion Investment Announced for Singapore to Boost Its Equity Market Development Singapore has announced an S$5 billion Equity Market Development Programme that will enhance fund management and the country’s trading liquidity. The program, led by the Monetary Authority of Singapore (MAS), involves directing funds toward asset managers with proven investment expertise, benefiting both…
Key Measures for Recruitment and Workforce Resilience in Singapore Budget 2025 Good news for employees, as key initiatives are being introduced in Singapore’s Budget 2025 to support recruitment, workforce resilience, and employee training. These measures are expected to be a game changer, as they aim to help businesses access talent at a lower cost…
Singapore’s well-established regulatory and transparent governance system has set the gold standard for business excellence and compliance underpinned by its agency – The Accounting and Corporate Regulatory Authority (ACRA), which regulates business entities, public accountants, and corporate service providers in the state. For a quick overview of all key dates, see the 7 compliance deadlines…
ACRA serves as Singapore’s national regulator governing business registration, financial reporting, public accountants, and corporate service providers, making it the central authority every entrepreneur must engage when registering a company in Singapore. The incorporation process is completed within one to three business days through the BizFile+ portal. Use a dedicated singapore company name checker to…
All eyes were filled with hope as PM Lawrence stood in front of the podium to deliver his Budget Speech of 2025. Just like the dual role that Mr. Lawrence successfully plays as the Prime Minister and Finance Minister of the State, the Singaporeans have been expecting future building while at the same time enhancing…
Singapore Sits at 9th Ranking Globally in the Future Skills Index Singapore is ranked 9th on the QS World Future Skills Index, which assesses how effectively countries are preparing their workforce to meet the demands of the future global job market. Among the various categories, Singapore secured 9th place in the Skills Fit indicator with…
21% Rise in Visitors Since 2024 Recorded in Singapore Singapore has welcomed 16.5 million international travellers since 2024, marking a 21% surge from the previous year. This is the highest increase in arrivals since the Covid-19 pandemic. The Singapore Tourism Board (STB) anticipates this positive trend to persist, with estimates of 17 to 18.5 million…
The Singapore government has shown openness to the foreigners living in the State as Dependent Pass (DP) holders by allowing them to study, work, own shares, and even start their own businesses adding to the state’s economic growth. For more details, see a foreigners guide how to start a business in Singapore. However, they need…
Do you want to incorporate your business in Singapore? Setting up a Subsidiary Company is the best option for you. Businesses that plan to explore the Singapore market often choose to incorporate a subsidiary company that enables them to expand their footprints while taking all the benefits of being a private company. Understanding the concept…