Tax Benefits And Compliance: Singapore Company Accounting Period Explained
Right after incorporating your local company in Singapore, you need to decide on many things, such as appointing a Company Secretary, obtaining licenses, tax registrations, etc. Finalizing the Company’s Accounting Period is one such important aspect that impacts your Company’s compliance requirements, tax reporting deadlines, and financial planning strategies. Whether you are an entrepreneur establishing…
Understanding UEN: Does Your Business Require One?
Understanding UEN: Does Your Business Require One? Well-known for its business-friendly ecosystem, Singapore also has a well-established and aligned regulatory framework for businesses. Its centralisation approach has integrated almost all the processes across various domains, such as its regulatory framework, digital business and other platforms and databases. Officially rolled out in 2009 by Accounting and…
How to Start a Business in Singapore in 2025: 10 Key Steps
Singapore stands out as a global hub for entrepreneurs and businesses seeking a dynamic and supportive environment. In 2025, it will continue to attract multinational companies seeking growth opportunities in Asia. Strategic location, favourable tax regulations, transparency, political stability, advanced infrastructures and strong support for business innovations, are some of the key factors that contribute…
From Idea to Incorporation: Forming a Singapore Private Limited Company
Consistently ranked no. 1 as the world’s leading business environment by the Economist Intelligence Unit, Singapore is one of the most attractive places for capitalising businesses. entrepreneurs often corporatise their business by converting it into a private limited company. The incorporation of a Singapore company not only offers tax benefits but also provides credibility and…
Directorship Options for Foreign-Owned Singapore Companies
Well known for its business-friendly regulations, Singapore remains the best option for foreign entrepreneurs who wish to corporatise their business setup in Singapore in a foreign land without making much effort. Government has made this quite easy by allowing foreigners to relocate and reside in the state by merely getting an Employment Pass from the…
Top 9 Businesses to Start in Singapore in 2025
Aspiring to begin your year with a new business in Singapore! Here are the nine best business areas, in detail, that will help you find the most suitable one. Singapore is destined to be aptly positioned geographically and politically, bringing favourable manufacturing and trade opportunities. It has developed world-class port facilities and is a hub…
How to Convert a Sole Proprietorship or LLP to a Pte Ltd in Singapore?
In the pursuit of expanding your business and securing its long-term success, every decision you make plays a crucial role. One of the most important decisions is choosing the right business structure. For many entrepreneurs, a sole proprietorship or Limited Liability Partnership (LLP) might have been the starting point, offering simplicity and control. However, as…
