Starting a Company
What Foreign Entrepreneurs Need to Know Before Incorporating a Singapore Company
Essential guidance for foreign entrepreneurs incorporating a Singapore company: ACRA rules, local director requirement, tax (IRAS), GST, CPF, bank accounts and work passes.
Timeline of a Typical Company Incorporation in Singapore from Name Application to ACRA Approval
Understand the typical timeline for company incorporation in Singapore — from name application via ACRA BizFile+ to full ACRA approval, with practical steps and compliance tips.
Why Every Singapore Company Needs a Local Company Secretary and How to Choose One
Understand why every Singapore company needs a local company secretary, key ACRA and Companies Act requirements, and how to choose the right corporate secretary.
Choosing Your SSIC Code: How to Classify Your Business in Singapore Correctly
Learn how to choose the correct SSIC code for your Singapore company, avoid common mistakes and ensure ACRA and IRAS compliance. Practical steps and examples.
Appointing Your First Directors in Singapore: Requirements, Duties and Risks
Learn the requirements, duties and risks when appointing directors in Singapore. Practical steps for compliance with ACRA, Companies Act, CPF and MOM rules.
How to Decide on Share Capital and Shareholding Structure When Incorporating in Singapore
When incorporating a new company in Singapore, one of the most critical decisions you will make—beyond choosing a name—is how to structure your share capital and shareholding. These choices form the financial backbone and governance framework of your business,...
Sole Proprietorship vs Partnership vs Private Limited: Which Business Structure Should You Choose in Singapore?
Starting a business in Singapore is an exciting venture, but one of the most critical decisions you will make happens before you even issue your first invoice: choosing the right business structure. In Singapore, the three most common entities are Sole...
Singapore Company Compliance Checklist: ACRA, IRAS, CPF, Employment Act and Corporate Secretary Duties
A practical Singapore company compliance checklist covering ACRA filings, IRAS tax obligations, GST, CPF, Employment Act compliance and corporate secretary duties. Clear steps, common pitfalls and how a corporate secretary can help.
Step-by-Step Guide to Incorporating a Private Limited Company in Singapore
Singapore is consistently ranked as one of the best places in the world to do business. Its strategic location, robust legal framework, and pro-business tax environment make it a magnet for entrepreneurs and multinational corporations alike. If you are looking to tap...
A Comprehensive Guide to Relocating Your Business to Singapore
A Guide to Relocating Your Business to Singapore Singapore's strategic location, pro-business environment, and attractive tax system make it a top destination for entrepreneurs and companies looking to expand their footprint in Asia. The process of relocating a...
Running a Company
Navigating Loans to Directors in Singapore: A Guide to Sections 162 & 163
Companies in Singapore must practice strong corporate governance. It is a legal necessity. The law closely governs financial deals between a company and its directors. Sections 162 and 163 of the Companies Act provide a strict framework. These rules prevent the misuse...
AGM requirements Singapore: A Guide for Companies
The Annual General Meeting (AGM) forms a cornerstone of corporate governance for companies incorporated in Singapore. Specifically, the Singapore Companies Act 1967 mandates the AGM. It serves as a vital platform for accountability and transparency. Through the AGM,...
Share Capital Management in Singapore: A Practical Guide for Companies
A company's share capital represents the equity stake that shareholders hold. It forms a crucial part of the financial structure. Indeed, companies raise this capital by issuing shares. Subsequently, it serves as a primary source of long-term funding. Furthermore,...
Navigating Directors Duties: Understanding Fiduciary Responsibilities in Singapore
Directors hold a position of significant trust within a company. Indeed, they are legally bound by fiduciary duties, requiring them to act in the best interests of the company. In Singapore, understanding these responsibilities is crucial for maintaining corporate...
Essential Elements of a Valid Contract in Singapore
Navigating the legal landscape of business in Singapore requires a strong understanding of contract law. A well-drafted contract provides clarity, protects your interests, and minimises potential disputes. Whether you're a startup or an established enterprise, this...
How Much Consulting Fee Should You Charge in Singapore?
In today's dynamic business landscape, many entrepreneurs and established businesses seek expert advice to navigate challenges and achieve their goals. As a consultant, you bring a wealth of knowledge and experience to the table, making your services invaluable....
How to authorise Raffles Corporate Services’ request to add your company to our client list
For a Corporate Service Provider (CSP) to make changes to a company, it has to first add the company to its client list. In the past, this can be done simply on the CSP's end. However, starting from 9 December 2024, all CSPs will need authorisation from the client...
Why is the STRO important in the Singapore business landscape?
What is the "STRO"? The Suspicious Transaction Reporting Office (STRO) is Singapore’s Financial Intelligence Unit (FIU). It plays a crucial role in the country's financial regulatory framework by receiving and analysing Suspicious Transaction Reports (STRs), Cash...
The Purpose of a Quorum in a Singapore Company
Running a successful business in Singapore requires more than just a great product or service—it demands a solid understanding of corporate governance. One critical aspect of this is the concept of a quorum. Whether you're a seasoned business owner or just starting,...
Adopt a Cyber Criminal’s Mindset to Safeguard Your Business
Protecting Your Business from Cyber Threats: Lessons from the Biggest Data Breaches Over the past year, some of the largest data breaches in history have impacted millions of customers worldwide. For small businesses and advisors who handle sensitive personal and...
Growing a Company
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Taxes and GST
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Bookkeeping
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News
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