Topic: IRAS

Singapore’s top financial centre, with robust IP protection, ample availability of funding, a thriving start-up ecosystem, a business-friendly regulatory environment, and a very attractive corporate taxation framework are some of the reasons why foreigners want to register a Singapore ... Continue Reading

The emerging markets of India, China, and other Southeast Asian nations including Vietnam, Thailand, Malaysia, and Indonesia, mean that an ever-increasing number of companies are relocating in this region.  Here standing firm on the three pillars of a business-friendly environment and ... Continue Reading

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

Form IR8A is a mandatory submission to the Inland Revenue Authority of Singapore (IRAS) to report employee income. All employers operating in Singapore are required to submit Form IR8A and its related documents to IRAS by March 1 of each year.  This article will go over precisely what Form IR8A ... Continue Reading