10 March 2026 – 3E Accounting is proud to announce that it has been awarded the Airwallex Outstanding Partner Award 2025, a recognition of its continued excellence and strong partnership within the fintech and business ecosystem. This award reflects 3E Accounting’s commitment to delivering innovative, value-added solutions to clients and supporting businesses with trusted, future-ready…
Singapore Secures $14.2b in Investments in 2025, Outperforming Amid Global Challenges – EDB Singapore secured $14.2 billion in investments in 2025, showing strong digital economy growth despite global uncertainty around trade and tariffs. The Economic Development Board (EDB) reported that investment commitments increased from $13.5 billion in 2024. Business spending also rose to $8.9 billion,…
Have you ever wondered why so many foreign business owners and entrepreneurs choose to open a bank account in Singapore? The answer lies in Singapore’s reputation as one of the world’s most stable and trusted financial hubs, with no recorded banking failures since independence and a regulatory framework built on prudence, transparency, and resilience. Singapore…
Agentic AI is reshaping Singapore enterprises by moving beyond basic automation into fully autonomous operations where AI systems independently assess situations, break down complex goals, and execute multi-step tasks without requiring direct human intervention at every stage. 73% of Singapore business leaders report increased efficiency through AI adoption, while 53% confirm improved decision-making outcomes. Singapore’s…
For any company operating or looking to set up business in Singapore, compliance with tax regulations is critical. A single missed withholding tax filing in Singapore can trigger immediate penalties and interest, even if the tax amount itself is small. For many businesses, Singapore’s withholding tax rules can feel technical, confusing, and easy to overlook,…
Dependant Pass holders in Singapore can legally operate a business but must first secure a Letter of Consent from the Ministry of Manpower before commencing any commercial activity under their current immigration status. LOC eligibility requires holding at least 30% ownership as a sole proprietor, partner, or company director, while the business must employ at…
Choosing between Singapore and Indonesia for company incorporation depends entirely on whether your business targets global scalability or domestic consumer reach across Southeast Asia’s two most strategically distinct markets. Singapore offers a flat 17% corporate tax rate, fully digital incorporation completing within one to three days, and internationally recognized legal frameworks ideal for B2B services,…
Foreign founders cannot incorporate a company online in Singapore directly through BizFile+ without local Singpass access, making engagement of a licensed Corporate Service Provider a legal necessity rather than an optional convenience. For a step-by-step overview, consult a foreigners guide how to start a business in Singapore. Five sequential steps complete the process. Document submission…
Budget 2026: Tax and AI Measures to Strengthen Investor Confidence Deloitte has shared its Budget 2026 wish list, calling for stronger Tax and AI Measures to support businesses, households and long-term economic growth in Singapore. The firm said these steps are needed as global spending slows and economic pressures remain uneven. The global economy is…
Where should a business base itself in Asia in 2026- Hong Kong, with no VAT or GST and a 16.5 per cent profits tax, or Singapore, where corporate tax is capped at 17 percent and regulatory enforcement is among the strictest in the region? The decision affects cash flow, hiring costs, audit risk, and cross-border…
Did you know that businesses in Singapore are penalised for GST even if they register late by mistake? Under Singapore law, once a business crosses or is expected to cross S$1 million in taxable turnover, GST registration is no longer optional. And if you miss that moment, the tax applies retroactively. In recent years, IRAS…
Dear Valued Customers, Welcome to Our December Newsletter 2025 A warm welcome to our final newsletter of 2025! What an incredible year it has been! As we close out the year, regulatory changes across the region continue to shape new opportunities for investors and business owners. In this edition, we highlight key developments in Singapore,…