On 14 January 2020, Singapore’s central bank, ACRA (Accounting and Corporate Regulatory Authority), and MAS (Monetary Authority of Singapore) came together to unveil the Variable Capital Companies (VCC) framework.  Its…

Every company in Singapore maintains its financial statements in some way or the other. These refer to documents that help the onlookers to gauge the financial position of the company.…

Every business needs financial statements. It forms the core of a business and reflects major balances pertaining to its finances at a certain point. A trial balance is one of…

Hiring top talent is one thing, retaining them is another. Companies in Singapore find it challenging to retain top talents for a significant period. So, in their attempt to ensure…

The modern business landscape is becoming more competitive every day. So businesses are trying their best to gain a competitive advantage in some form or other.  In a country like…

The online business world started to gain traction a few years back, but the growth was slow. The pandemic pushed brick and mortar stores into a corner which led to…

A company in Singapore is eligible for a plethora of tax benefits. Some of these benefits are yearly affairs, whereas others are available for those in their starting years only.…

Imagine how enjoyable it would be to pay tax on your income under two different tax regimes?  Not so pleasant, for sure. Taxes play a significant role in every business.…

Years after setting up your company in Singapore, you realize you do not like its name anymore and want an overhaul. So you ring up one of your employees and…

With effect from 31 March 2017, all local companies, foreign companies and limited liability partnerships incorporated or registered in Singapore (unless exempted) are required to maintain and keep updated a…