Banking SystemSee more
The Singapore Banking System is one of the best systems in the world. It is a major factor leading to Singapore’s global financial success.
There are many Singapore banks for foreigners that you can choose from. But do you know the best bank option for your specific circumstances? Let’s find out now!
If you have just set up your company in Singapore, it is well-advised to open a corporate bank account ASAP to stay on top of all the transactions.
Relevant tax rules and how they apply to your e-commerce businesses in Singapore. This blog also uncovers factors, challenges and cost-saving tips for your e-commerce.
E-commerce businesses in Singapore are subject to certain legal issues that must consider – data security, consumer rights, payment solutions, IP rights. Learn more about these legal obligations.
Key factors you need to consider when structuring your e-commerce business in Singapore – manufacturing, distribution and fulfillment, payment processing
Long cash flow cycle, spread transactions, and miscellaneous expenses – e-commerce expenses are an accounting nightmare for many entrepreneurs. Maintaining a correct accounting method is important for any business, but it is especially important for e-commerce firms, which may have higher sales and transactions than traditional brick-and-mortar establishments. In this article, we’ll discuss some key…
E-commerce industry has been on the rise in recent years, and the Lion City is in the spotlight for professional players of e-commerce business venture. Check out these tips before starting your e-commerce business in Singapore.
We deliver the insights on the future of Singapore eCommerce and help you prepare to kickstart your venture in Lion City. Learn more in our article!
Pro-business environment, supportive government policies, and a thriving digital ecosystem. Find more about typical reasons why Singapore is a match made in heaven to start and grow an e-commerce business.
Online merchants in Singapore are always on the lookout for best payment gateways to help optimize their transaction flow. Here is our list!
See our guide on How to Start an eCommerce Business in Singapore and kickstart your journey to entrepreneurship in 2021.
The SME Grant Singapore is a government grant in Singapore that provides financial assistance to small and medium enterprises (SMEs) to defray expenses.
The Productivity Solutions Grant (PSG) Singapore 2022 is one of the most prominent government support programs for SMEs in Singapore.
If you’re looking to start a business, you’ll need to know about Singapore Unique Entity Number (UEN). This blog will answer some of the top questions about the UEN.
The Certificate of Incorporation is an administrative document if you want to start a business in Singapore. Its process is simple and can be done online.
If you’re unsure whether a sole proprietorship or a private limited company is better for your business in Singapore, this article will clear things up for you.
For a trading business operating in Singapore, being knowledgeable in import-export regulations is a must for smooth sailing. Read on for a cursory look on the matter.
The need for digital innovation is stronger than ever as Fintech start-ups are now on the rise. Watch our guide on how to start a fintech business in Singapore and incorporate today.
Singapore has laid out certain business trends for 2021 in major industries. The aim is to retain and further develop the economy in the context of Covid-19.
An offshore company in Singapore can bring to you many tax benefits and other investment incentives, although it is not a tax haven. Learn about it now!
Small in size, enormous in scale – this is the best way to describe Singapore. Let’s take a look at reasons why you should incorporate in Singapore with BBCIncorp!
The best way for setting up a private limited company in Singapore is to engage incorporation services. You can expect a new company formed in just 1 day.
Singapore investment holding company is a great structure for your assets strategy. Discover its features in our article right now!
Singapore is one of the most ideal places to incorporate a holding company. A Singapore holding company can bring you better management and many tax benefits.
A nominee director helps you fulfill the Singapore incorporation requirements. You can hire one via service and later replace him by getting an Employment Pass.
Similar to other work passes, a Tech.Pass is a personalized pass that allows holders to do a variety of activities in Singapore. Let’s discover it in detail.
To get a corporate bank account in Singapore, your company should provide good trading proofs and avoid falling into blacklists of nationalities and activities.
Limited liability company is the most chosen business type in Singapore due to its advantages in respect of legal status, limited liability and tax benefits.
For better understanding, crucial aspects of an LLC, LLP and Sole Proprietorship in Singapore are put in comparison. Learn more with BBCIncorp
Appointing a company secretary is legally required in Singapore. Find out who can be a corporate secretary in Singapore and what the responsibilities are
Limited liability partnership in Singapore is advantageous due to its separate legal status, limited liability and fewer compliance requirements
Striking off is a simple way of closing a business. However, in order to strike off a company in Singapore, there are some requirements needed to be met.
Let’s learn about the Employment Act, what duties an employer should take note and ultimately what can be done to have a good hiring practice in Singapore.
Many industries require extra business licenses and permits. Find out some of the most common ones and also the fastest way to apply for licenses in Singapore
Wondering where to incorporate? Hong Kong and Singapore are in the top three ideal destinations to do business in the world. Tons of benefits for corporations.
Setting up a sole proprietorship in Singapore is rather simple and involves little hassle. Let’s discover some of the key characteristics of this business form.
Foreign companies wishing to enter the Singapore market are given 3 registration options: a subsidiary company, a branch and a representative office.
A dormant company in Singapore is a company that conducts no significant transaction. It is cost-effective since it can be exempted from certain requirements.
The process of starting a business in Singapore for foreigners is rather fast and simple. Here is everything you need to know when incorporating in Singapore.
An exempt private company is one of the most favored types of businesses in Singapore as it provides a wide range of benefits and tax incentives.
Tax & ComplianceSee more
For corporate tax filing in Singapore, your company must file 2 tax returns. The deadline of each return will be different, based on the financial year end.
Your company must include its Singapore financial statements in annual reports. Learn everything about these documents through these 6 questions.
Your company must hold an Annual General Meeting in Singapore. However, it can be exempted from such a requirement if certain conditions are satisfied.
Individuals are not subject to Singapore dividend tax. However, companies may do so. Learn more about Singapore dividends through these most asked questions.
Singapore imposes tax on foreign income when it is remitted to the nation. However, exemption from foreign income tax is possible if certain conditions are met.
Property stamp duty in Singapore is imposed on documents relating to fixed properties. The tax rates vary according to activities, namely buying or renting
Property in Singapore is taxed based on its annual value and tax rate. There are three types of properties in Singapore with different imposed tax rates.
There are many ways to legally reduce income tax in Singapore for both individual taxpayers as well as business entities. Learn more with BBCIncorp.
Before dissolving your business, you must learn how to wind it up properly. Let’s dive into the process of winding up a company in Singapore now!
Shares of a private limited company in Singapore may be freely transferable. However, the transfer of shares is constrained and must follow a procedure.
Dividend declaration is a must before the distribution. Any person violating Dividend Declaration Rules in Singapore is guilty of a criminal offense.
Financial Year End (FYE) can greatly affect taxation of businesses in Singapore. Learn what should be considered when determining FYE and how to change it.
You can receive a part of wage increases given to local employees under the Singapore Wage Credit Scheme. Find out how much you can claim and how it works.
Tax incentives in Singapore may bring you lower rates or even tax exemption. Different industries have different incentives to be offered. Find out here some of the most common ones.
There are many different grants that cover many stages of development of a tech startup in Singapore, from POC and POV to growing capital and going overseas.
The scope of withholding tax in Singapore is somewhat more limited than that of other jurisdictions: only Singapore-sourced income of a non-resident is levied.
The Singapore corporate tax rate is 17%, applied to both local and foreign companies. But local companies can apply for many schemes to lower their payable tax.
All companies in Singapore are subject to audit requirements. However, if your company is a small one, it can be eligible for an audit exemption in Singapore.
XBRL is a framework for filing records. In Singapore, XBRL has become a standard means of reporting with an aim to streamline communication between parties.
Personal income tax in Singapore for foreigners based on residency status. Tax residents and non-tax residents are taxed at different rates.
Annual filing requirements for companies in Singapore are filing reports to ACRA and IRAS. Still, exemptions can be claimed under some conditions.
The accounting standards of Singapore are seamlessly aligned with IFRS, making it the official, compulsory accounting guideline that companies must adhere to.
Goods and services tax (GST) is levied when goods and services are purchased. In Singapore, the rate of GST is 7% and set to increase to 8% starting January 1st, 2023.
Plan to start your trade business in Singapore soon? Don’t miss out on these top tips to help you cover the key points.
Logistics and accounting can be challenging for trading businesses in Singapore to navigate. Here are some core guidelines for making the journey easier.
Learn about the current tax incentives and obligations in the most popular strategic trading hub and set your Singapore trading company up to a great start!
If you are looking to set up a trading business in Singapore, you will be pleased to know that the government offers a range of incentives and grants to help businesses get started. This is great news for businesses, as it makes it easier to get started and helps reduce the costs associated with starting…
Which banking options will benefit your Singapore trading business the most? Here are the top 4 and key points on creating your Singapore business bank account.
Singapore’s economy is expected to grow drastically in the years to come. Let’s discover the outlook, highlights, and risks associated with trade sector.
Forming a trading company in Singapore can be a little bit difficult since it needs to obtain some specific licenses and permits before starting business.
Workpass & OthersSee more
The Singapore Long Term Visit Pass Scheme allows you to reunite with your family. Are you and your family members qualified for this scheme? Check it out.
Three Singapore government agencies that you must know are ACRA, IRAS and MOM. Others that are necessary to know are EDB, Enterprise Singapore and MAS.
Foreign business entities can opt for re-domiciliation to Singapore after meeting the minimum conditions regarding size, solvency and other legality requirements.
The Singapore and India Double Tax Treaty was signed to avoids income from being taxed twice. Taxes for different types of income also reduced
The Personal Data Protection Act in Singapore sets out rules regarding the collection, use, disclosure and care of personal data that must be complied.
Best virtual offices in Singapore comprise a downtown business address, qualifying services and facilities with transparent prices and a good reputation
CorpPass in Singapore has been widely implemented and become the only login method for businesses to transact with the government since 2018.
Business insurance is crucial in Singapore since some risks are unpredictable. Property, employees and liability should be prioritized to be insured
Singapore – Australia tax treaty prevents income double taxation and it also offers reduced tax rates for a number of specific types of income.
Singapore’s workplace is a unique mix of Asian and Western cultural influences, emphasizing values of respect, group achievement, discipline, and diversity.
Singapore CPF Contribution offers its Citizens and PRs a secured retirement and other beneficial schemes. Learn thoroughly how it actually works.
Singapore Employment Act keeps employees away from being unfairly exploited and helps employers to make valid contracts. Let’s learn the basic regulations.
Becoming a Singapore citizen will grant you many exclusive advantages that you can greatly benefit from. Find out how to get citizenship in Singapore.
Singapore citizenship offers you more advantages in buying properties, exclusive healthcare schemes, grants for your future family, and even more.
Trademark is crucial for a business’s identity. Find out what it is, why you should own one and ultimately learn how to apply for a trademark in Singapore.
There are many benefits of Singapore PR: Business and Employment Privileges, Immigration Stability, Many Priorities, or even Citizenship. Find out more.
There are various PR schemes to help you become a Singapore Permanent Resident. Learn what the requirements are and how to apply for PR in Singapore.
Double taxation is when the same source of income is taxed twice. To eliminate this unfairness, Singapore is working toward its network of double tax treaties.
Now that you have obtained a well-paid position in Singapore, getting an Employment Pass is the next step as it is a prerequisite for your relocation.
The tax treaty between Singapore and Indonesia is a comprehensive agreement that helps rid of double taxation and facilitate the bilateral trade of 2 countries.
Foreigners wishing to work in Singapore must apply for work permits. The most common ones are Employment Pass, EntrePass, and S Pass, among others.
In Singapore, an Entrepreneur Pass is a recognition of you as an investor, entrepreneur or innovator. It is a must if your sole need is to accumulate wealth.
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