Starting 1st January 2025, the Singapore government will adjust the Annual Value (AV) thresholds for several social support schemes, including the Goods and Services Tax (GST) voucher scheme, benefiting over 1 million residential properties. Designed to help lower- and middle-income households manage living costs, the Goods and Services Tax (GST) voucher scheme will provide enhanced…
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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…
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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…
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Corporate cheques will continue to be processed until the end of 2026 By the end of 2026, corporate cheques will no longer be available in Singapore as the Monetary Authority of Singapore and the Association of Banks Singapore will be introducing two new e-payment solutions to replace retail and corporate cheque payments. Additionally, banks will…
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Singapore continues to learn from best practices to top global public administration index Singapore was ranked first globally in the public administration index, according to the Blavatnik Index of Public Administration. The Blavatnik Index of Public Administration framework measurement measures broad areas of public administration such as national delivery, public policy, people and processes, and…
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Dear Valued Customers, Welcome to Our December Newsletter 2024 It’s hard to believe how quickly this year has gone by! Here we are again at the final newsletter of the year and once again, 3E Accounting is closing the year out with achievements we can all be proud of. 3E Accounting Singapore Honoured with…
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12 December 2024 – 3E Accounting is proud to announce its recognition as a recipient of the prestigious Airwallex Outstanding Partner Award 2024, an accolade that underscores its commitment to excellence and innovation within the global business ecosystem. This esteemed award celebrates the exceptional contributions of partners who have played a pivotal role in advancing…
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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…
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Singapore Emerges As the Leading Tech Startup Funding Hub in Southeast Singapore is poised to take its digital landscape to the next level with AI-cloud funding solutions for supportive enterprises. Led by technology leaders in the field, these solutions will give businesses the advanced tools to finally integrate artificial intelligence (AI) and cloud solutions into…
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Upskill Initiatives in Singapore Designed for Carbon Services and Trading Growth Singapore has unveiled a new academy aimed at strengthening its position as a global leader in sustainability and carbon markets. The initiative will upskill approximately 300 professionals in carbon services and trading, providing specialised training in key areas critical to the sector’s growth. …
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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…
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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…
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