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Government Introduces New Schemes To Assist The Disabled in 2020 From 2020 onward, individuals aged 30 and above who are severely disabled will be able to withdraw cash from their Medisave accounts. This is provided they or their spouse have at least $5,000 in their accounts. The larger the amount in their accounts, the more…
Singapore Combats Money Laundering & Financial Crime with Best Practice Papers To help financial institutions protect against trade-based money laundering, the Anti-Money Laundering and Countering the Financing of Terrorism Industry Partnership (ACIP) in Singapore released two best practice papers to guard against the misuse of company structures for illicit purposes. The two best practice papers…
All You Need to Know about Europe General Data Protection Regulation (GDPR) and Its Impact to Singapore Companies General Data Protection Regulation (GDPR) is the new data protection law in Europe that came into effect in May 2018. It has reshaped the data protection landscape for businesses across Europe and worldwide. GDPR replaces the Data…
What is CPF and How You Can Withdraw Your CPF in Singapore? The time has come. You’ve reached the age of 55 and are about to withdraw your CPF savings. Wait just a moment though, because before you set out to do that, here’s what you need to understand about withdrawing from your CPF in…
Top 10 Best Places to Visit in Singapore for Tourists There are various places to visit in Singapore. From a budget trip to a luxury shopping spree, the city-state continues to woo tourists with its family-friendly attractions and world-famous tourist spots. The cultural and historical attractions charm every traveller in the country. Needless to say,…
Singapore Visa for Indian Nationals and other Level 1 Countries Explained in Brief With the influx of Indian nationals into Singapore, be it as a tourist, or as an entrepreneur, the visa application for Indian passport holders has become easier and faster. From April 1, 2009 onwards, the individual walk-in visa application for Level 1…
Incorporate a Singapore Company as One of the Strategies of Asset Protection Did you know that incorporating a company is one of the important steps to ring-fence your business as well as a part of asset protection? Are Your Business Assets At Risk? Every business has its own assets and every business assets are…
How to Start a Business in Singapore For decades, Singapore has been ranked at the top of the World Bank’s ranking of the easiest places to do business. The reasons are simple but powerful: A strategic location, legal and judicial system, and the vibrant government-pro investment climate helped transform Singapore into a regional economic powerhouse.…
Singapore Business Startup Schemes and Grants As the gateway to Asia’s vibrant technology and financial scene, Singapore is the home to a young and diverse microbusiness community. A whole slew of startups are springing up Singapore, the sovereign city-state in Southeast Asia. In fact, startups are mushrooming in this Lion City and it is the…
Set Up a Business in Singapore or Hong Kong Asia is one of the world’s fastest growing business hubs, and leading the pack is Singapore and Hong Kong, two of the regions busiest and bustling hubs in the region. For an entrepreneur who is looking to venture into the region, you may be thinking…
Singapore: An emerging threat to Hong Kong’s popularity Singapore is fast eclipsing Hong Kong as the new favourite destination for business setup for the rich in China. During the recent gathering at the Shangri-La Hotel in Singapore, 80 of China’s wealth managers spoke of nothing, but this during tea break chatters. According to interviews with several wealth…
Need a Business Idea in Singapore? Looking to start your next great big entrepreneurial adventure in Singapore but can’t seem to quite find the idea that is just the right fit yet? We’ve got you covered with this list of ideas below. Every year, more and more people are starting to seriously consider leaving the…