Does your Singapore Business require you to apply for a Singapore Certificate of Residence (COR)?
5 minutesThe Singapore Certificate of Residence is a document issued by IRAS or the Inland Revenue Authority of Singapore attesting to a company’s tax residency in Singapore. It can be used to claim tax benefits under Double Taxation Agreements (DTAs) or Limited Treaties established with other jurisdictions.
Singapore Imports And Exports for Your Singapore Business
5 minutesSingapore’s strategic location and robust economy make it an ideal hub for international trade. Because of this, understanding the customs processes and regulations surrounding Singapore imports and exports is crucial for successful international trade operations.
Understanding the Importance of Singapore Balance Sheet for New Business Owners
4 minutesThe financial health and stability of a business are crucial for new business owners in Singapore. To gain insights into the financial health of their business, one of the most important tools they need to understand is the balance sheet.
How to Claim Singapore Capital Allowance for your Business
4 minutesThe Singapore tax system provides several schemes and allowances to promote investment, innovation, and growth. One of these is the capital allowance, which enables businesses to deduct the cost of eligible assets used in their operations over a designated period, allowing for cost recovery.
How To File A Corporate Tax Return In Singapore: Form C-S, Form C-S (Lite) And Form C
4 minutesThere are three common forms for filing corporate tax returns in Singapore: Form C-S, Form C-S(lite) and Form C. Knowing the distinctions between these forms and when to use each can simplify the tax filing process, saving you time and resources. This article provides a clear and concise guide to help you file your corporate tax return Singapore efficiently.
How Important is a Cash Flow Statement for Singapore Business?
5 minutesCash is the lifeblood of any business, providing the fuel it needs to operate, expand, and thrive in the competitive marketplace. Fortunately, there is a financial tool that can shed light on the inflows and outflows of money within your organization: the cash flow statement. This vital financial statement serves as a comprehensive record of your business’s cash activities, providing a clear picture of how cash is generated and utilized over a specific period.
