-
Franchising – Is it for me?
10 mins read Deciding what kind of business to go into is a big issue that many entrepreneurs encounter. One way to own a company and increase your chance of success is by starting a franchise business. In recent years, many franchises have chosen Singapore as their first base of expansion for Asia. There are
-
Business Structures in Singapore
7 mins read Singapore is a leading country to run a business due to its business-friendly policies and vibrant economy, be it for a local or foreign business entity. But there is a laundry list of things to do before you launch – on top of registering your business, you need to choose the structure
-
The Singapore Companies Act: What you need to know
5 mins read The Singapore Companies Act (CA) is the main law that regulates and governs company compliance in Singapore. Whether you’re a local company or a foreign one with subsidiaries, it is required to comply with this act when conducting business in Singapore. We’ve highlighted all prevalent information on the CA that businesses need
-
The difference between accounting and bookkeeping
3 mins read The difference between bookkeeping and accounting can be likened to the difference between a nurse and a doctor. Both the bookkeeper and accountant work towards the same objectives. And while some of their functions may overlap, they have varying areas of responsibility. To an untrained eye, bookkeeping and accounting may appear to be the same profession
-
How to open a local business bank account in Singapore as a foreigner
10 mins read Are you a foreigner looking to open a business bank account in Singapore? Having a local business bank account can make it easier for you to manage your finances and streamline your operations. However, the process of opening one as a foreigner can seem daunting. Don’t worry, we’ve got you covered with
-
How to tap onto Business Grants?
3 mins read If you’re looking to set up or incorporate your own business, Singapore is the ideal place to do so for multiple reasons. One of the reasons is because Singapore has a pro-business approach with laws and regulations that allow for the healthy growth and competitiveness of a business. One of the biggest
-
The role and responsibilities of a Company Secretary
3 mins read What is a Company Secretary In Singapore, a company secretary is a mandatory position when establishing a business in the city-state. Also known as a corporate secretary, their role is to ensure the company’s adherence to all statutory requirements and regulations, while also keeping the board members well-informed about their legal responsibilities
-
Essential guide to building a successful small business in Singapore
3 mins read Singapore is well-known as one of the most prosperous and business-friendly nations in the world. With its strategic location, political stability, robust infrastructure, and favourable regulatory environment, it comes as no surprise that many entrepreneurs aspire to start a business in Singapore. Entrepreneurship in Southeast Asia, and Singapore in particular, is on
-
The Ultimate Tax Filing Guide: Navigating Tax Filing Deadlines In Singapore
5 mins read As a small business owner in Singapore, you must stay on top of your tax obligations. Meeting tax deadlines ensures compliance with Singapore’s tax laws and helps you avoid penalties and legal issues. To simplify the process, we have prepared a comprehensive tax deadline checklist specifically tailored for small businesses in Singapore.
