Well known for its business-friendly regulations, Singapore remains the best option for foreign entrepreneurs who wish to corporatise their business setup in Singapore in a foreign land without making much effort. Government has made this quite easy by allowing foreigners to relocate and reside in the state by merely getting an Employment Pass from the…
Singapore Emerges As the Leading Tech Startup Funding Hub in Southeast Singapore is poised to take its digital landscape to the next level with AI-cloud funding solutions for supportive enterprises. Led by technology leaders in the field, these solutions will give businesses the advanced tools to finally integrate artificial intelligence (AI) and cloud solutions into…
Upskill Initiatives in Singapore Designed for Carbon Services and Trading Growth Singapore has unveiled a new academy aimed at strengthening its position as a global leader in sustainability and carbon markets. The initiative will upskill approximately 300 professionals in carbon services and trading, providing specialised training in key areas critical to the sector’s growth. …
Aspiring to begin your year with a new business in Singapore! Here are the nine best business areas, in detail, that will help you find the most suitable one. Singapore is destined to be aptly positioned geographically and politically, bringing favourable manufacturing and trade opportunities. It has developed world-class port facilities and is a hub…
Singapore has no direct legal conversion pathway from a Sole Proprietorship or LLP into a Private Limited Company, requiring entrepreneurs to incorporate a Pte Ltd entity and transfer all existing business operations across to it through a structured four-step process. Choosing the right business structure at the right growth stage is critical, and converting your…
All set to setting up a company in Singapore! You are just a few steps away from professionalising your business. At the outset, choosing the correct name for your business is the first thing that comes to mind, so a company name check is essential. It plays a critical role in setting up your business;…
Singapore Emerges As Regional Leader in Tech Startup Funding In 9M of 2024, Singapore accounted for 62% out of 2.3 billion of the total tech startup funding, dominating Southeast Asia (SEA). Singapore supersedes Jakarta (14%), Bangkok (12%) and Taguig (3%) in the tech startup funding. The rest of the 9% are from the remaining SEA…
Dear Valued Customers, Welcome to Our October Newsletter 2024 From being featured in The Straits Times in Singapore to cross border SEZs, October has been a busy one for the 3E Accounting world, and we’re going to share an overview of what’s been happening in Singapore and our Malaysia, Hong Kong, and Indonesia counterparts. …
Anti-Money Laundering Rules in Singapore Now Have Additional Measures Singapore officials unveiled additional anti-money laundering rules pertaining to inter-agency data sharing, dormant entities and channels closure, and programs to encourage businesses to report suspected activities. After uncovering a massive money laundering network last year, authorities seized over $2.2 billion in assets and imprisoned ten foreigners.…
Foreign entrepreneurs registering a business in Singapore must engage a licensed Corporate Service Provider to submit incorporation documents through the ACRA BizFile+ portal, as direct self-registration requires Singpass access unavailable to overseas nationals. Six pre-incorporation requirements govern every application. A unique ACRA-approved company name, minimum share capital of SGD 1, at least one shareholder, one…
Singapore recorded 617,848 active business entities including 453,787 registered companies as of mid-2025, with 6,610 new companies formed between January and May alone, averaging over 1,320 fresh registrations monthly across its highly accessible incorporation environment. Incorporating a company in Singapore follows five structured steps completing within one to three business days through the ACRA BizFile+…
Appointing a corporate secretary within six months of incorporating your company in Singapore is a statutory legal requirement, not an optional administrative decision, making this role fundamental to every company’s operational and governance foundation. Five measurable advantages define this appointment. Strict regulatory compliance through timely ACRA filings and accurate statutory register maintenance protects against financial…