by The Raffles Corporate Services Editorial Team | Jun 14, 2026 | Accounting, Corp Sec Library
Every Singapore company that files financial statements with ACRA must do so in eXtensible Business Reporting Language (XBRL) — a structured digital format that lets ACRA, IRAS, banks, regulators and researchers consume Singapore corporate financial data at scale....
by The Raffles Corporate Services Editorial Team | Jun 5, 2026 | Accounting, Corp Sec Library
For decades, every Singapore private company was statutorily required to appoint an auditor. The 2015 amendments to the Companies Act changed that with the introduction of the “small company” concept — and audit became optional for the vast majority of...
by The Raffles Corporate Services Editorial Team | May 23, 2026 | Accounting, Corp Sec Library
Every Singapore-incorporated company filing financial statements with ACRA must, with limited exceptions, file them in XBRL format. XBRL — Extensible Business Reporting Language — is not just a format; it is a structured data language that maps each...
by The Raffles Corporate Services Editorial Team | May 22, 2026 | Accounting, Running Your Company, Tax
Singapore’s headline corporate income tax rate of 17% is one of the most quoted figures in Asia’s tax planning conversations. But the effective tax rate most Singapore companies actually pay is materially lower — thanks to a layered system of partial...
by The Raffles Corporate Services Editorial Team | May 13, 2026 | Accounting, Running Your Company, Tax
Singapore has quietly enacted one of the most significant shifts in its corporate tax landscape in decades. The Multinational Enterprise (Minimum Tax) Act 2024 (MMT Act) — Singapore’s implementation of the OECD’s Pillar Two Global Anti-Base Erosion (GloBE)...
by The Raffles Corporate Services Editorial Team | May 11, 2026 | Accounting, Running Your Company, Tax
Singapore has quietly enacted one of the most significant shifts in its corporate tax landscape in decades. The Multinational Enterprise (Minimum Tax) Act 2024 (MMT Act) — Singapore’s implementation of the OECD’s Pillar Two Global Anti-Base Erosion (GloBE)...
