3E Accounting provide you the latest blog about information in our Blog Site.
What You Need to Know About the Government Tax Incentives in Singapore Singapore’s government gives several tax incentives to encourage and promote entrepreneurship. Together with the Inland Revenue of Singapore (IRAS), it has enforced tax incentive schemes that target businesses, especially the startups. The incentives could be from exemptions on income capital in order to…
Knowing the Implications of Global Tax Suppression Singapore must clarify its stance on tax avoidance and aid local businesses in preparing for the new rules. There was a financial crisis in 2008. But then, Singapore experienced years of consistent economic growth due to global tax suppression. All banks in Singapore are quickly analyzing and scrutinizing…
Investing in India? Check These Singapore Tax Benefits! Singapore is now the biggest foreign direct investment source that enters India, which strengthens business connections between them. There is a common history, ethnography, and culture between these two countries. Both can be traced back their social norms and values to the South Asian Indo-Chinese cultural patrimony.…
Correcting the Common Corporate Tax Myths in Singapore Even if Singapore is known for having a progressive tax regime with low tax rates and attractive incentives, there are still corporate tax myths in Singapore. These myths might be the reason why some investors and entrepreneurs avoid investing in Singapore. They also do not have access…
What You Need to Know About Singapore Double Tax Agreements Taxes give small and big businesses major concerns. If a person or business gains income outside the residence state, that income might have double taxation at the residence and source state. Singapore Double Tax Agreements (DTAs) are helpful in promoting bilateral investment and flows of…
About the Benefits of Employment Act The benefits of the Employment Act are important when it comes to convincing an employee to do a job. The government of Singapore has enacted major amendments that impact businesses and employees who work for local and foreign companies under an employment contract in Singapore. The amendments are meant…
What Are the Latest Employment Act Updates? The Employment Act updates have changes that took effect April of last year. First, they started to include more employees with a better protection package. Hence, companies have taken note of the changes, mainly on the legislation that governs the employment landscape. An amendment took place in order…
Know When You Can Start Hiring Employees The time will come when you must start hiring employees, but it is crucial for you to know if you are ready to take that step. It can be exciting yet unnerving because you will have questions in your mind. You might wonder if hiring employees will not…