2022 Year In Review Singapore

2022 Year In Review: Highlights Of Singapore Markets

Singapore’s business world in 2022 has been filled with notable events. Let’s take a closer look at the top highlights.

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21 Dec 2022

Banking System

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Singapore banking system

An Introduction To The Singapore Banking System

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.

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27 Apr 2021
Singapore banks for foreigners

A Complete Guide To Choose Singapore Banks For Foreigners

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!

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10 Oct 2019
Singapore corporate bank accounts

Quick Guide To Opening A Corporate Bank Account In Singapore

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.

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4 Oct 2019

E-Commerce

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singapore-ecommerce-tax-rules

Learn Common Taxes That Will Apply To Your E-commerce Business In Singapore

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.

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2 Jun 2022
Legal Issues Faced By Singapore Ecommerce Businesses

Legal Issues Faced By E-commerce Businesses In Singapore

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.

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30 May 2022
e-Commerce business in Singapore

Factors To Consider When Structuring Your Singapore E-commerce Business

Key factors you need to consider when structuring your e-commerce business in Singapore – manufacturing, distribution and fulfillment, payment processing

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27 May 2022
Accounting Tips Singapore

Accounting Tips For An E-commerce Business In Singapore

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…

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24 May 2022
Singapore tips to success

Tips To Successfully Start Your Singapore E-commerce Business

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.

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20 May 2022
Singapore eCommerce after pandemic

Singapore eCommerce Highlights Post-Pandemic (Update 2023)

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!

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17 May 2022
Singapore for ecommerce business

3 Reasons Why Singapore Is Ideal For Your E-commerce Business

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.

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9 May 2022
Singapore Dropshipping Niches

Profitable Dropshipping Niches For Singapore E-commerce in 2022

Dropshipping is a good gateway to e-Commerce in Singapore, read on for better insights on the top trending niches.

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14 Mar 2022
Singapore payment gateways

Top 5 Payment Gateways For Your E-commerce Business In Singapore

Online merchants in Singapore are always on the lookout for best payment gateways to help optimize their transaction flow. Here is our list!

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4 Mar 2022
how to start eCommerce business in Singapore

How To Start An eCommerce Business In Singapore: The Definitive Guide

See our guide on How to Start an eCommerce Business in Singapore and kickstart your journey to entrepreneurship in 2021.

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28 Jun 2021

Incorporation

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Exploring Singapore Startup Grants

Tapping into Singapore startup grants can be a great way to get your business off the ground. Read on to find the best grant for you.

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8 Aug 2022
SME Grants Singapore

SME Grants In Singapore: Funding For Your Business Growth

The SME Grant Singapore is a government grant in Singapore that provides financial assistance to small and medium enterprises (SMEs) to defray expenses.

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8 Aug 2022
Singapore-Productivity-Solutions-Grant-2

Singapore Productivity Solutions Grant (PSG): General Information

The Productivity Solutions Grant (PSG) Singapore 2022 is one of the most prominent government support programs for SMEs in Singapore.

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8 Aug 2022
Singapore-UEN

Singapore Unique Entity Number (UEN): Top Questions To Ask

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.

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6 Jul 2022
Singapore certificate of incorporation

Top 5 FAQs about Singapore Certificate of Incorporation

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.

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10 Jun 2022
sole trader and private limited company in Singapore

Sole Proprietorship or Private Limited Company in Singapore: Which One Is Better?

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.

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9 Jun 2022
Singapore Trading Licenses and Permits

A General Overview Of Trading Licenses And Permits In Singapore

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.

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13 May 2022
Start a fintech business in Singapore

How To Start A Fintech Business In Singapore

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.

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22 Jul 2021
singapore-business-trends

[INFOGRAPHIC] Singapore Major Business Trends in 2021

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.

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5 Jul 2021
Singapore offshore company

Everything You Need To Know About Singapore Offshore Company

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!

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11 May 2021
Why incorporate in Singapore?

Reasons Why You Should Incorporate In Singapore (2023 Updates)

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!

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22 Mar 2021
Singapore private limited company set up

Setting Up A Private Limited Company In Singapore: An A-Z Guide

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.

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11 Mar 2021
Singapore Investment Holding Company

Singapore Investment Holding Company – Facts And Functions

Singapore investment holding company is a great structure for your assets strategy. Discover its features in our article right now!

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27 Jan 2021
company types in Singapore

Guide To Types Of Companies In Singapore (2023 Updates)

This blog covers the main types of companies in Singapore and key features to simplify your decision-making.

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26 Jan 2021
Singapore Holding Company

Setting Up A Singapore Holding Company – Benefits and Challenges

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.

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14 Jan 2021
singapore nominee director

Nominee Director For Singapore Company – Why You Need This Role?

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.

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25 Dec 2020
Singapore Tech.Pass

Singapore Newest Work Pass: Guide To Tech.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.

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18 Dec 2020
How To Secure Your Chance To Open A Corporate Bank Account In Singapore

How To Secure Your Chance To Open A Corporate Bank Account In Singapore

To get a corporate bank account in Singapore, your company should provide good trading proofs and avoid falling into blacklists of nationalities and activities.

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5 Oct 2020
A Guide to Limited Liability Company in Singapore

A Guide to Limited Liability Company in Singapore

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.

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30 Jun 2020
LLC-vs-LLP-vs-Sole-Proprietorship-singapore

LLC vs LLP vs Sole Proprietorship in Singapore: What Are The Differences

For better understanding, crucial aspects of an LLC, LLP and Sole Proprietorship in Singapore are put in comparison. Learn more with BBCIncorp

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22 Jun 2020
Singapore company secretary

Company Secretary In Singapore: What To Know Before Appointing

Appointing a company secretary is legally required in Singapore. Find out who can be a corporate secretary in Singapore and what the responsibilities are

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19 May 2020
Singapore limited liability partnership

A Guide To Limited Liability Partnership In Singapore

Limited liability partnership in Singapore is advantageous due to its separate legal status, limited liability and fewer compliance requirements

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23 Apr 2020
strike off company in Singapore

How To Strike Off A Company In Singapore

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.

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16 Apr 2020
Singapore guide to hiring

Guide To Hiring In Singapore: What You Need To Know As An Employer

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.

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28 Feb 2020
Singapore licenses and permits

Business Licenses And Permits 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

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3 Feb 2020
Singapore vs Hong Kong

Singapore And Hong Kong For Doing Business

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.

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6 Dec 2019
Singapore sole proprietorship

The Go-to Guide To Sole Proprietorship In Singapore

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.

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9 Oct 2019
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Registration Options In Singapore For Foreign Companies

Foreign companies wishing to enter the Singapore market are given 3 registration options: a subsidiary company, a branch and a representative office.

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9 Oct 2019
Singapore dormant company

Everything You Need To Know About Dormant Company In Singapore

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.

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9 Oct 2019
start a business in Singapore for foreigners

How To Start A Business In Singapore For Foreigners (2023 Update)

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.

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8 Oct 2019
Singapore exempt private company

An Introduction To Exempt Private Company 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.

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8 Oct 2019

Tax & Compliance

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Singapore corporate tax filings

A Guide To Corporate Tax Filing In Singapore (2023 Updates)

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.

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9 Apr 2021
Singapore financial statements

6 Most Common Questions About Singapore Financial Statements

Your company must include its Singapore financial statements in annual reports. Learn everything about these documents through these 6 questions.

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29 Mar 2021
Singapore annual general meeting

Annual General Meeting In Singapore: How To Stay Compliant

Your company must hold an Annual General Meeting in Singapore. However, it can be exempted from such a requirement if certain conditions are satisfied.

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3 Feb 2021
6 common questions about Singapore dividends

6 Most Common Questions About Dividends In Singapore

Individuals are not subject to Singapore dividend tax. However, companies may do so. Learn more about Singapore dividends through these most asked questions.

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3 Dec 2020
Singapore foreign income tax exemption

How To Be Exempted From Singapore Foreign Income Tax

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.

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25 Nov 2020
Property Stamp Duty In Singapore

Learning The Basics: Property Stamp Duty In Singapore

Property stamp duty in Singapore is imposed on documents relating to fixed properties. The tax rates vary according to activities, namely buying or renting

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21 Sep 2020
property-tax-in-singapore

An Introduction To Property Tax In Singapore

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.

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18 Sep 2020
Singapore taxation overview

Understanding The Taxation In Singapore

Tax in Singapore is one of the main reasons why so many foreign individuals and businesses come and invest into the city-state.

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1 Jul 2020
Singapore reduce income tax

How To Reduce Income Tax In Singapore For Individuals And Businesses

There are many ways to legally reduce income tax in Singapore for both individual taxpayers as well as business entities. Learn more with BBCIncorp.

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19 Jun 2020
company winding up in Singapore

Company Liquidation: How To Wind Up In Singapore?

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!

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13 Apr 2020
Transfer of shares in Singapore

Transfer of Shares in Singapore Private Limited Company – A Beginner’s Guideline

Shares of a private limited company in Singapore may be freely transferable. However, the transfer of shares is constrained and must follow a procedure.

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30 Mar 2020
Singapore dividend declaration

A Guide To Dividend Declaration In Singapore

Dividend declaration is a must before the distribution. Any person violating Dividend Declaration Rules in Singapore is guilty of a criminal offense.

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25 Mar 2020
Singapore financial year end

How To Choose And Change Financial Year End For New Businesses In Singapore

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.

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19 Mar 2020
Wage Credit Scheme in Singapore: A Support For Employers

Wage Credit Scheme in Singapore: A Support For Employers

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.

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13 Mar 2020
Singapore tax incentives for specific industries

Tax Incentives For Specific Industries In Singapore

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.

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22 Jan 2020
Singapore tech startups grants

Important Grants For Tech Startups In Singapore

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.

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20 Jan 2020
A Guide to Withholding Tax in Singapore

A Guide to Withholding Tax in Singapore

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.

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9 Oct 2019
Singapore corporate tax

Singapore Corporate Tax: Everything You Need To Know

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.

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9 Oct 2019
Singapore audit exemption

How To Qualify For Audit Exemption In Singapore

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.

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9 Oct 2019
Singapore XBRL filings

XBRL – A Key Filing Requirement 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.

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9 Oct 2019
Singapore personal income tax

A Guide To Personal Income Tax In Singapore For Foreigners

Personal income tax in Singapore for foreigners based on residency status. Tax residents and non-tax residents are taxed at different rates.

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9 Oct 2019
Singapore annual filing requirements

An Overview Of Annual Filing Requirement In Singapore

Annual filing requirements for companies in Singapore are filing reports to ACRA and IRAS. Still, exemptions can be claimed under some conditions.

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8 Oct 2019
Singapore accounting standards

An Introduction To The Singapore Accounting Standards

The accounting standards of Singapore are seamlessly aligned with IFRS, making it the official, compulsory accounting guideline that companies must adhere to.

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4 Oct 2019
Singapore GST

Some Pointers on Goods and Services Tax in Singapore

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.

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4 Oct 2019

Trading

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Tips for success trading in Singapore

Top Tips For Starting A Successful Trade Business In Singapore

Plan to start your trade business in Singapore soon? Don’t miss out on these top tips to help you cover the key points.

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18 May 2022
Logistics Management for Singapore Trading Business

Keynotes To Logistics Management For Your Singapore Trading Business

Logistics and accounting can be challenging for trading businesses in Singapore to navigate. Here are some core guidelines for making the journey easier.

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11 May 2022
Taxation for Singapore Trading Company

Singapore Trading Company: Tax Obligations And Incentives

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!

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27 Apr 2022
Top must-know incentives for trading business in Singapore

Top Must-Know Incentives For Trading Businesses In Singapore

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…

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21 Apr 2022
Singapore Banking Options

Top Business Banking Options For Your Singapore Trading Business

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.

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15 Apr 2022
Singapore trade outlook

Singapore Trade Outlook: What to Expect For Global Firms

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.

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12 Apr 2022
how to set up a trading company in Singapore

Guide To Setting Up A Trading Company in Singapore

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.

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13 May 2020

Workpass & Others

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Long Term Visit Pass in Singapore

An Overview Of Long Term Visit Pass In Singapore

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.

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23 Jun 2022
Singapore Government Agency

7 Singapore Government Agencies That You Should Know

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.

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31 Aug 2020
Re-domicile to Singapore

Singapore Re-domiciliation: Quick Guide For Foreign Companies

Foreign business entities can opt for re-domiciliation to Singapore after meeting the minimum conditions regarding size, solvency and other legality requirements.

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11 Jun 2020
Singapore and India double tax treaty

Summary Of The Singapore And India Double Tax Treaty

The Singapore and India Double Tax Treaty was signed to avoids income from being taxed twice. Taxes for different types of income also reduced

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9 Jun 2020
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The Personal Data Protection Act In Singapore Guidelines

The Personal Data Protection Act in Singapore sets out rules regarding the collection, use, disclosure and care of personal data that must be complied.

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14 May 2020
Singapore Virtual Office

Virtual Offices In Singapore: Why And How To Choose?

Best virtual offices in Singapore comprise a downtown business address, qualifying services and facilities with transparent prices and a good reputation

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6 May 2020
Singapore CorpPass

An Introduction To The Singapore CorpPass

CorpPass in Singapore has been widely implemented and become the only login method for businesses to transact with the government since 2018.

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29 Apr 2020
Singapore Business Insurance

An Introduction To Business Insurance In Singapore: What A Company Needs

Business insurance is crucial in Singapore since some risks are unpredictable. Property, employees and liability should be prioritized to be insured

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7 Apr 2020
Singapore and Australia Tax Treaty: Avoidance of Double Taxation (DTA)

Singapore And Australia Tax Treaty: Avoidance Of Double Taxation (DTA)

Singapore – Australia tax treaty prevents income double taxation and it also offers reduced tax rates for a number of specific types of income.

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6 Apr 2020
work culture in Singapore

Singapore Work Culture – Navigate Business Blunders With Confidence

Singapore’s workplace is a unique mix of Asian and Western cultural influences, emphasizing values of respect, group achievement, discipline, and diversity.

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20 Mar 2020
Singapore CPF contribution

A Guide To CPF Contribution In Singapore

Singapore CPF Contribution offers its Citizens and PRs a secured retirement and other beneficial schemes. Learn thoroughly how it actually works.

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10 Mar 2020
employment act in Singapore

Employment Act in Singapore – All You Need To Know

Singapore Employment Act keeps employees away from being unfairly exploited and helps employers to make valid contracts. Let’s learn the basic regulations.

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28 Feb 2020
Singapore citizenship guide

An Overview Of How To Get Citizenship In Singapore

Becoming a Singapore citizen will grant you many exclusive advantages that you can greatly benefit from. Find out how to get citizenship in Singapore.

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12 Feb 2020
Benefit of Singapore citizenship cover

4 Significant Benefits Of Getting Citizenship In Singapore

Singapore citizenship offers you more advantages in buying properties, exclusive healthcare schemes, grants for your future family, and even more.

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12 Feb 2020
Singapore trademarks guide

An Overall Guide To Trademark In Singapore

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.

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6 Feb 2020
benefits of permanent resident in singapore

Significant Benefits Of Becoming A Singapore Permanent Resident

There are many benefits of Singapore PR: Business and Employment Privileges, Immigration Stability, Many Priorities, or even Citizenship. Find out more.

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8 Jan 2020
Singapore permanent residents application

Overview Of Permanent Residents Application In Singapore

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.

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8 Jan 2020
Singapore dependant's pass application

An Overview Of Dependant’s Pass In Singapore

In Singapore, the Dependant’s Pass makes way for the holders of other passes to reunite with their family members

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10 Oct 2019
Singapore double tax treaty

An Introduction To Double Tax Treaty 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.

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10 Oct 2019
Singapore employment pass

Singapore Employment Pass: Everything You Need To Know

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.

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10 Oct 2019
An Overview of Singapore – Indonesia Double Tax Treaty

An Overview of Singapore – Indonesia Double Tax Treaty

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.

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10 Oct 2019
Singapore work permits

Understand Singapore Work Permit In 10 minutes

Foreigners wishing to work in Singapore must apply for work permits. The most common ones are Employment Pass, EntrePass, and S Pass, among others.

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7 Oct 2019
Singapore entrepreneur pass

A Comprehensive Guide To Entrepreneur Pass In Singapore

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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7 Oct 2019

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