New Arrangement for Dependent Pass Holders Will Start on May This Year The Ministry of Manpower (MOM) recently announced that those who hold a Dependent Pass would have to have to start applying for a Work Pass to continue working in Singapore soon. Previously, spouses or family members of foreign workers only needed to acquire…
Over 110,000 Local Job Seekers Hired Under Singapore Jobs Growth Incentive Scheme Under the Singapore Jobs Growth Incentive Scheme, 110,000 local Singaporean job seekers have been hired by 26,000 companies within the first two months. According to the Ministry of Manpower (MOM) Singapore, more than half of those hired were 40 and above. The top…
American Tech Giant to Help Drive Innovation in Singapore Dell has launched its US$50 million R&D Centre (Research & Development Centre) in February. The centre is expected to help drive computing innovation called edge computing. Edge computing is an emerging technology that involves several devices or computers. This includes technology like sensors that analyse data…
AI and Tax Being a regulation in the country, corporate tax filing has to be efficient to avoid incurring unnecessary liabilities should the reported taxable income be inaccurate or past the due date. Artificial Intelligence (AI) has been introduced into taxation in recent years to help expedite the reporting and filing process through the automation…
Management Shares Insights on Startup.info In a recent editorial piece with Startup.info, 3E Accounting’s management shared insights with readers around the world on managing the changes brought about by COVID-19. The pandemic has brought about an accelerated shift towards Industry 4.0, such as the normalization of online business meetings, increased adoption of automation solutions as…
Dear Valued Customers, Hello again! We’re already on our second newsletter for 2021! Things are certainly looking up and we’ve had an extremely busy but fulfilling month. First, let’s look at some updates happening in Singapore. We Are Asia Pacific’s First Robotics Accounting Firm An impressive start to the year indeed as 3E Accounting…
Company to Focus on Jobs in the Energy and Chemicals Sector DuPont is set to create new high-skill manufacturing jobs in Singapore, focusing primarily on the chemicals and energy sectors in the country. The plant known as Singapore Flexiblend is set to be the operational facility. Operations are expected to commence in the second quarter…
An Easier Way for Singaporeans to Afford Their Dream Home A one-stop HDB Flat Portal is now available in Singapore, making it easier to purchase your dream home. The portal was launched by the Housing and Development Board (HDB). An Easier Way to Afford the Home You Want It’s easier for Singaporeans to afford…
SG Incorporating Companies: 5 Documents and Certificates to Buy Business people should register for formation documents when incorporating companies. With the state government’s approval, it serves as tangible proof of your development. Certificate of Incorporation or Articles of Incorporation affirms that the governing bodies granted you a license to form a company where you plan…
SG Company Incorporation: Guide to Know Your Customers (KYC) Regulations Since company incorporation and registration in Singapore are convenient, there have been increasing cases of money laundering and financing terrorism. Some investors establish unusual business structures while shareholders conceal their transactions. That is why The Accounting and Corporate Regulatory Authority (ACRA), together with an international…
Moving Business and Establishments: Why Foreign Companies Relocate in Singapore? International companies and large corporations are locating for countries with higher marketing success to meet their shareholders’ standards. These foreign investors consider varying factors to set up and operate their businesses, in which Singapore comprises, making it a prime destination for investors globally. In this…
Defining Types of Structures and Company Shares in Singapore Shareholders are entitled to participate in board meetings and influence ownership of a company in Singapore, depending on the distinct structure of shares. It is governed by the beneficial interests and the standard of the company constitution. The founders and shareholders share a bundle of rights…