A Detailed Guide On Tax Invoices In Singapore

A Detailed Guide on Tax Invoices in Singapore

4 minutes Every Singapore business must take its record-keeping seriously. Record-keeping through receipts, regular invoices, and tax invoices is crucial to let business owners understand how their business is faring. While receipts and invoices are common tools most businesses use, some may still yet to fully grasp how to work their way around tax invoices. If you fall into this category, this piece is meant for you. This piece will provide essential details on how businesses can handle their tax invoice in Singapore.

9 Ways To Reduce Income Tax In Singapore For Foreigners

How to Reduce Income Tax in Singapore for Foreigners

4 minutes Although the basis for Singapore’s income tax computation is the total earnings in the city-state, it is still possible to get a smaller tax bill compared to those earning much less. Hence, familiarity with how to reduce income tax in Singapore for foreigners can come in handy.

EntrePass Singapore: What You Need to Know

4 minutes Entrepreneurs, businesses, and investors looking to do business in Singapore can benefit from knowing more about the entrepreneur pass or EntrePass Singapore visa. The good news is its availability to anyone, irrespective of nationality, provided the business concern is not explicitly stated as ineligible. Of course, just like all visas, some conditions must be met:

Singapore’s Most Vibrant and Fast-Growing Business Landscape: Asia Square

asia square coworking space

4 minutes Singapore is one of the rising business locations in the world today and more businesses are moving their headquarters and offices to the “Little Red Dot.” Thanks to its strategic location, businesses can gain a foothold in the Asian market and thrive. Singapore’s many business centres are designed to help you set up your business successfully. You need to choose the best fit for your business since there are so many of them. Based on popular choice, one of Singapore’s trending business centre is undeniably Asia Square. In this article, find out more about why Asia Square is the best business centre in its unique ways!

How To Calculate Employee Wages In Singapore

How to Calculate Employee Wages in Singapore

4 minutes Many industrious investors and entrepreneurs are looking to establish commercial operations in Singapore. It boasts one of the most successful economies in Asia with plenty of room for further growth and development. While Singapore has relatively strict laws, particularly when it comes to business operations, it’s a country that has served its local market players well. There are numerous variables that are involved in handling employees such as salary calculation, Singapore payroll laws, and the like.

3 Ways to Get Singapore Work Pass Visa

3 Ways to Get Singapore Work Pass Visa

5 minutes Singapore is fast becoming one of the most sought-after destinations in the job market. If you plan to work in Singapore legally, one of the most important things you need is a Singapore work pass visa. In most other countries, the work pass and work visa are separate, but this is different in Singapore. Singapore only has one such work documentation and it is known as the work visa or work pass.

The Singapore Green Plan: How to Set up a Paperless Office in Singapore

the singapore green plan

5 minutes One common thing in every office is the large amount of paperwork. The more work you have, the more paper you use. Paperless offices have become more popular in recent years. Experts had previously predicted the coming of paperless offices, which have finally become more feasible/accepted. Setting up a paperless office in Singapore will fit perfectly with the Singapore Green Plan.

What Foreign Investors Need to Know about the Singapore Standards on Auditing

What Foreign Investors Need to Know about the Singapore Standards on Auditing

4 minutes As mandated by Singapore’s Companies Act, company audits can only be done by a registered accounting professional who observes the SSA or Singapore Standards on Auditing. Like all countries worldwide, private companies’ financial statements undergo a legal audit annually unless exempted due to the company meeting specific criteria.

An Outline of Corporate Tax Filing in Singapore

corporate tax filing singapore

5 minutes Based on the previous year’s operations, corporate tax filing in Singapore is tricky. Although the tax basis is the same in many other countries across the globe, the tax rate for the income of local and foreign firms in Singapore is just 17%. On top of that, the country offers a tax exemption plan for new ventures, except for those.

Top Tips for Outsourced Accounting Services in Singapore

Outsourced Accounting Services Singapore

7 minutes In the past, individuals, businesses and organizations hire in-house accountants to oversee their financial transactions and records. However, these days, businesses can outsourced accounting services for small business in Singapore to professionals with a high understanding of financial systems.

How does Cessation of Company in Singapore Works?

strike off company singapore

5 minutes Despite its size, Singapore has a booming business economy. In fact, it has more than half a million companies in business at the moment! Regardless of all those businesses that are thriving, there are some that aren’t and need to apply for the strike off company singapore.