Singapore’s Finance Minister and Deputy Prime Minister Heng Swee Keat, while delivering the Singapore Budget 2021 Statement on February 16, noted how during the last year Singapore has faced the worst recession since independence, as the world has fought the COVID-19 pandemic. “Last ... Continue Reading
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The Singapore Company Incorporation Blog features relevant articles about entrepreneurship, relocation options, and Singapore business in general.
Your Guide to Filing IR8A for Employee Earnings in Singapore
In this article What is an IR8A Form? What IR8A Forms Need to Be Submitted? What Other IR8A Supporting Forms Need to Be Submitted (Appendix 8A, Appendix 8B, Form IR8S)? Appendix 8A Appendix 8B Appendix 8S How Do You Submit Form IR8A to IRAS? Conclusion ... Continue Reading
Q&A: Transfer Pricing Singapore Guidelines
When transacting with a group company, businesses always expect to get a lower offer, reduce the costs and keep the deal away from the country's eyes. To avoid this, governments have created a mechanism for regulating business and internal deals, and have set up transfer pricing rules. In this ... Continue Reading
10 Recession-Proof Business Ideas
If you are interested in commencing a new career or setting up your own business, it is normal to find yourself concerned about declining profits during the time of recession. During a recession, job security is hard to come by for the vast majority of people. Luckily, there are a few business ideas ... Continue Reading
How family offices in Singapore can secure your legacy
Despite, or perhaps in some cases, even because of unprecedented disruption in the global economy, the high-net-worth (HNW) sector in Asia has grown by 7.9% in 2019, with China becoming home to the planet’s second-largest group of billionaires. Beyond that, the world as a whole welcomed 589 ... Continue Reading
Setting up a Hong Kong business in Singapore
With Singapore becoming the Asia hub for large organisations, Hong Kong businesses are looking to set up their company in Singapore as well. The process of foreigners setting up a company in Singapore is easy if all the steps are followed correctly. Below is a Q&A on how to incorporate a Hong ... Continue Reading
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