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Directors’ Fees vs Salary in Singapore (2026): Approval, Tax and CPF

Directors’ Fees vs Salary in Singapore (2026): Approval, Tax and CPF

by The Raffles Corporate Services Editorial Team | Aug 17, 2026 | Running Your Company, Tax

How you pay a director in Singapore is not just an accounting choice. Directors’ fees and a director’s salary are treated differently under company law, tax law and the CPF rules, and getting the distinction wrong can lead to unapproved payments,...
EDG vs PSG vs MRA (2026): Which Singapore Government Grant Is Right for You?

EDG vs PSG vs MRA (2026): Which Singapore Government Grant Is Right for You?

by The Raffles Corporate Services Editorial Team | Aug 17, 2026 | Grant, Growing Your Company

If you run a Singapore SME, three government grants come up again and again: the Enterprise Development Grant (EDG), the Productivity Solutions Grant (PSG) and Market Readiness Assistance (MRA). They sound similar, they are all administered under Enterprise Singapore,...
Preparing Management Accounts: What Key Reports Should You Review Monthly?

Preparing Management Accounts: What Key Reports Should You Review Monthly?

by Willie Tan | Aug 17, 2026 | Running Your Company

Introduction Companies increasingly rely on timely management accounts to make better operational and strategic decisions. Preparing management accounts: what key reports should you review monthly? is a common question for directors, finance teams and corporate...
How Long Must You Keep Accounting Records in Singapore and in What Form?

How Long Must You Keep Accounting Records in Singapore and in What Form?

by Willie Tan | Aug 16, 2026 | Running Your Company

Introduction How long must you keep accounting records in Singapore and in what form? This is a common question for business owners and company directors preparing for audits, GST obligations or routine compliance checks. In this article, How Long Must You Keep...
Reconciling Bank Accounts Properly: Why It Matters and How Often to Do It

Reconciling Bank Accounts Properly: Why It Matters and How Often to Do It

by Willie Tan | Aug 15, 2026 | Running Your Company

Introduction Reconciling bank accounts is a fundamental control for all companies. Reconciling Bank Accounts Properly: Why It Matters and How Often to Do It explains why accurate bank reconciliation is important and how frequently Singapore companies should perform...
Setting Up Bank Feeds and Automation in Your Accounting System Safely

Setting Up Bank Feeds and Automation in Your Accounting System Safely

by Willie Tan | Aug 14, 2026 | Running Your Company

Introduction Many Singapore businesses are adopting bank feeds and automation to speed up bookkeeping, improve cash-flow visibility and reduce manual errors. Setting up bank feeds and automation in your accounting system safely requires attention to technical...
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