Search result for " singapore "
Singapore: accounting and tax overview
Singapore tax system With more than 76 double taxation treaties, Singapore can be an excellent jurisdiction for certain businesses that would benefit from reduced global withholding tax. One of the most prominent advantages when operating a business in Singapore is the well-established taxation system. Over the past few years...
Singapore economic outlook 2017
Growth prospects According to the central bank’s half-year macroeconomics review, Singapore’s GDP is expected to expand by 1% to 3% in 2017, and the figure will likely exceed 2%. In Q1 2017, the economy grew by 2.5% on a year-on-year basis, which is higher than the 2.4% forecasted by...
Developing China-Singapore’s relationship through Chongqing
On 27 February 2017, Singapore’s Deputy Prime Minister, Mr. Teo Chee Hean, travelled to China to attend the 13th Joint Council for Bilateral Cooperation (JCBC). This year the JCBC focused on the reinforcement of China-Singapore’s relationship and the three Government-to-Government initiatives currently in place. The JCBC is the top...
Singapore budget 2017: Long term plans for Singapore businesses
On Monday, 20th February 24, 2017, the Singapore Government delivered the budget for the financial year of 2017. The focus of the new budget is to deliver policies that will prepare Singapore’s workforce and business environment to face future challenges. According to the Finance Minister, Mr. Heng Swee Keat,...
Singapore VS Hong Kong
For many years now, Singapore and Hong Kong have been going head to head in a battle to be regarded as Asia’s ‘Best Place to do Business’. Both jurisdictions are respected international business hubs with world-class infrastructure and facilities, while at the same time being ideally located to facilitate...
Changes to Singapore Employment Law/ Visa Applications
Singapore Employment law urges companies to issue payroll slips and key employment terms (KETs) to balance employer-employee relationship. Issue payslips to employees The Singapore Employment Act has been reviewed in the last year and there have been some key changes that will affect employers in Singapore from 1st April...
How to set up a company in Singapore, now in Hindi
A busy market street in India India has a hugely entrepreneurial culture, with nearly 20 million entrepreneur-owned businesses in the country, according to the national data agency. Many of these businesses are successful and looking to expand abroad to take advantage of global markets. With that in mind, Healy...
What’s changing in Singapore’s Companies Act? (Part 2)
Singapore Central Business District Singapore has scheduled further changes to the Companies Act for early next year. These changes follow the implementation of the amendments made on July 1st. While the first phase dealt with administration, the second focuses on corporate governance. The memorandum and articles of association are...
What’s changing in Singapore’s Companies Act? (Part 1)
Supreme Court of Singapore Last year, Singapore passed a law amending its Companies Act, the changes of which are being implemented in two phases. The first phase comes into effect next month, on July 1st. Many of the changes relax or liberalise existing rules, with several of the changes...
Singapore City Guide: Doing business in Singapore
Lee Kwan Yew (LKY), Singapore’s founding father just passed away last week and his guidance and love of Singapore will be sorely missed by citizens and Permanent Residents (like myself) alike. Having lived, worked and started a business here in Singapore since 2000, I can attest to the ease...