An Overview of Goods and Service Tax in Singapore In Europe, you will find VAT (Value Added Tax) structure, but in Singapore, you will come across much compatible and friendlier GST (Goods and Service Tax). As of now, GST is imposed on almost all the goods and services rendered in Singapore as well as on […]

So, you have heard how the flexible Singapore taxation system is; but have you heard how difficult it is to comply with the taxation laws in Singapore. Well! Apart from so many laws to comply with, IRAS implies that it is mandatory for each Singapore Company to file their Estimated Chargeable Income (ECI) within three […]

There is a dearth of natural resources in Singapore, which imposes great limitations on what this city-state can do to further its growth. The Singapore leaders wisely decided to invest in the service industry. Realizing the potential of the field of accountancy, they decided to focus on it. They vowed to make Singapore an accountancy […]

Is task of a company incorporation in Singapore too, difficult? Some of the entrepreneurs may be under the impression that it is. Moving to a different economic zone to start a new business is sometimes tricky. It is very true, especially, when the entrepreneurs or the investors are planning to target a market that is […]

Since 2007, Singapore started walking on the path of XBRL (Extendable Business Reporting Language). In 2007 only, the Accounting and Corporate Regulator Authority (ACRA) made it compulsory for the Singapore incorporated companies to file their financial statements in either full or partial XBRL format. ACRA implemented XBRL Filing with a motive to promote greater transparency […]

Is task of a company incorporation in Singapore too, difficult? Some of the entrepreneurs may be under the impression that it is. Moving to a different economic zone to start a new business is sometimes tricky. It is very true, especially, when the entrepreneurs or the investors are planning to target a market that is […]

Singapore is an acclaimed destination for doing business. There are plenty of reasons that keep on motivating young entrepreneurs and investors to incorporate a business in Singapore. Different entrepreneurs have different reasons to incorporate a business in Singapore. Irrespective of the reasons or irrespective of business type, Singapore for sure is the chosen and widely […]

A person who does not own any property of substantial value usually finds it next to impossible to get a loan for emergency expenses. If you are a person who does not own a home or a car for whatever reason, you will be probably be turned down for loans because there is nothing you […]

So what is competitive advantage? Quite simply, it is the thing(s) that make your business better and give you an advantage over your competitors. It is the ‘differentiator’ that will help to ensure your business thrives. Ask yourself, what makes my business better than that of my competitors? What sets us apart? These are the […]

People are probably always on the lookout for equipment that is an improvement on the ones currently in use. Have you considered doing up your home with LEDs instead of regular lights, only to be put off by the high cost? It\’s a good idea to understand the various benefits of a super bright LED […]