Setting up a private limited company in Singapore is the best means to start a business in Singapore, one of the finest places to do business in the world. It is safe to incorporate. The registration is fast and simple. The taxation is favorable.…

In Singapore, the current corporate tax rate stands flat at 17% and the tax rate imposed on personal income ranges from 0% to 22%. These rates are indeed appealing to many foreign workers and investors since they are relatively low when compared to…

Goods and services tax (GST) refers to a consumption tax that is levied on the purchase of goods and services, as well as the goods that are imported into the city-state.Better known as Value Added Tax or VAT in some regions, GST is an indirect tax,…

If you work for less than 183 days a year in Singapore, you will be labeled a “non-resident” and withholding tax will automatically apply. The same holds true for companies that are managed mostly outside of the city-state.For a newcomer, regarding…

The tax rate imposed on personal income for both foreigners and locals will be determined based on the tax residency status (Tax resident or Non-tax resident).You are considered a tax resident in Singapore if you fall under any of the following…

The corporate tax in Singapore is one of the most crucial factors that attract thousands of investors to the country. The Singapore corporate tax rate is quite low, currently standing at 17%.However, the actual payable corporate tax in Singapore is…

The Singapore tax system is one of the most important factors that make the nation become a well-known business attraction for many foreign investors. In addition to the appealing corporate tax rate, there are many more beneficial tax schemes and…

Appointing a company secretary is a requirement that every company in Singapore has to fulfill.Our secretarial service helps Singapore companies stay compliant with the local laws, even dormant companies. We assist businesses in preparing all the…

Company Secretary in Singapore is a legal requirement for establishing a business in the city-state. In general, a corporate secretary can be any natural person whose residence is in Singapore, but must have enough knowledge and experience to…

If you are a foreigner who starts a business in Singapore for the first time, you may find it confusing when incorporating in this nation. With that being said, knowing specific Singapore government agencies is rather important. The reason is that…

It is obvious that your company is likely to be unable to make any transactions without a bank account. So, it is important to open a corporate bank account once your company is set up in Singapore.If your personal transactions and your business…