Changing to the Payment Services Law is Necessary to the Nation’s Financial Security Money laundering is a constant battle for most economies. Without regulation, the unsolicited excess money will harm the economic balance than it does good. For the layman, more money may look good, but not necessarily on the national account. No country approves…
CNA: More Companies Helping Staff Make Better Use of Annual Leave As COVID-19 closed borders and affected the jobs and livelihoods of many, 3E Accounting’s management shared with Channel News Asia how the company was supporting employees during this difficult period by allowing unused leave to be carried forward for two years, compared with one…
3E Accounting’s Management Invited to Project We Care Business Dialogue 2020 3E Accounting’s management attended the first-ever hybrid-format Business Dialogue on 22 October 2020, held at the People’s Association Headquarters as part of the Project We Care CEOs and Business Leaders Network. Led by Project We Care Chairperson Wee Wei Ling and Vice-Chairperson Stanley Tan,…
A Secretary Should Know How to Manage Company Data As a secretary, they must know how to manage company data because it involves a lot of information on privacy. All companies in Singapore should appoint a secretary who is a resident of the country. It is important that they understand the importance of keeping company…
Corporate Secretarial Operations Must Use Technology Technological advancements are helpful in every aspect of a business and corporate compliance is not an exception. Technological incorporation in this changing and complex activity is important and must become part of the main strategies of your business. In addition, corporate secretarial operations use technology to improve how it…
The Importance of a Modern Secretary to Your Company Governance refers to how the organization is being run in terms of control and direction. In fact, the modern secretary helps with that. That involves the company’s decision-making and strategy, how they achieve goals, and making sure all activities they do comply with requirements. The company…
The Secretary Position is Continuously Evolving In the company’s board roles, a secretary has different duties and responsibilities. Each member values the secretary position. The Accounting and Corporate Regulatory Authority has a requirement that businesses in Singapore must appoint their own company secretary within 6 months when they are incorporated. The secretarial job has survived,…
The Qualities of a Company Secretary are Important The company secretary has an important position in the company because they have to be educated, knowledgeable, effective, and skilled. In addition, the secretary does a number of complex and statutory activities. Hence, the person must have the qualities that make them perfect for the role. That…
You Can Set Up a Variable Capital Company in Singapore Singapore has created another fund framework to encourage investors to domicile their funds in Singapore. By doing this, it enhances the jurisdiction’s value as an international fund management centre. The Variable Capital Company started its operation on January 14, 2020, allowing collective schemes to be…
Setting Up a Shipping Company in Singapore The shipping industry of Singapore has a significant contribution to its GDP, which is 7%. There are currently over 5,000 shipping companies that are based in Singapore and it keeps growing. Today, the country has become an important international maritime centre. Its economic centre has resulted in trading…
The Importance of Capability Development Grant (CDG) The Capability Development Grant (CDG) is an assistance program that financially helps business owners to have a foundation for their capabilities in 10 main business areas. It covers using new technologies to upgrade the standards of their service, from an expansion overseas to training staff, and more. The…
Basic Concepts on Re-employment in Singapore The Retirement and Re-employment Act (IRRA) sets the minimum retirement age to 62 years old. It is illegal for employers to dismiss an employee because of their age. Employers should offer re-employment to employees when they turn 62 up to 67 if they are eligible to continue working for…