A corporate service provider is a company which offers a few types of outsourced corporate services. Its main aim is to provide business support services, i.e. non-core business activities, to…

Whether you run a big company or a small business, there will be operating expenses. It is a large category of costs which will be the first to be reduced…

In a previous article, we compiled a list of grants and schemes specifically for Singaporean startups. The list encompassed grants and schemes that are relevant in October 2020 and beyond.…

Singapore has a very attractive corporate tax rate at a flat rate of only 17%. It is one of the factors which makes the city-state one of the best places…

In order to make Singapore an attractive investment destination, the headline corporate tax rate in Singapore has been consistently reduced since 1997. From the year 2010 onwards, the rate has…

The number of new COVID-19 cases in Singapore seems to be tapering but does not show any signs of abating yet in many countries. And because the Singapore economy is…

The Variable Capital Companies Act 2018 launched in January 2020 by both the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) received a positive reception…

Accounting is one of the most crucial parts of a business. It is convenient for big companies to hire a bagful of people and assign them responsibilities for managing their…

Foreign companies are finding it increasingly attractive to operate in Singapore. The reasons for their relocation include the city-state’s stable political climate, excellent infrastructure, efficient administration, attractive corporate tax arrangements,…

Payroll is an essential element of every business entity. Each country has its own regulations on the statutory deductions of employees’ salaries under the payroll of a firm. In some…