by Willie Tan | Oct 15, 2024 | Tax
The Inland Revenue Authority of Singapore (IRAS) has introduced a new mandate for GST-registered businesses: the GST InvoiceNow Requirement. This initiative is part of Singapore’s broader push towards digital transformation and aims to streamline tax administration...
by Willie Tan | Sep 18, 2024 | News
Marketers love data. Without it, they can’t answer critical questions like whether the right audience is seeing their ads if campaigns are delivering returns, or which audience segments respond best to specific messages. Historically, marketers have relied heavily on...
by Willie Tan | Sep 18, 2024 | Starting a Company
A shelf company, also known as a ready-made or aged company, is a business entity that has been pre-registered but remains inactive until it is sold to a buyer. Here are some key points to understand about shelf companies. Advantages of Shelf Companies Time...
by Willie Tan | Sep 15, 2024 | News
Singapore business sentiment has continued its upward trajectory for the fifth consecutive quarter, reaching a two-year high in Q4 2024. According to data released by the Singapore Commercial Credit Bureau (SCCB) on September 9, the Business Optimism Index...
by Willie Tan | Sep 15, 2024 | News
Singapore has introduced new legislation for a domestic top-up tax, aligning with global tax rule changes. The Multinational Enterprise (Minimum Tax) Bill, presented in Parliament on September 9, mandates a minimum effective tax rate of 15% for large multinational...
by Willie Tan | Sep 12, 2024 | Growing Your Company
Unlock the Potential of Young Talent with the Global Ready Talent Programme As a small to medium-sized enterprise (SME) business owner in Singapore, you understand the importance of nurturing young talent to drive innovation and growth. The Global Ready Talent...
by Willie Tan | Sep 11, 2024 | Growing Your Company
In today’s competitive business landscape, protecting your brand identity is more important than ever. One of the most effective ways to safeguard your brand is through trademark registration. This article will guide you through the process of trademark...
by Willie Tan | Sep 8, 2024 | Growing Your Company
In an era where data is often referred to as the new oil, protecting personal information has become a paramount concern for businesses worldwide. Singapore, as a global hub for technology and innovation, has taken significant steps to ensure data protection through...
by Willie Tan | Sep 3, 2024 | News
On 2 July 2024, the Anti-Money Laundering and Other Matters Bill (“Bill”) was introduced for its first reading in Parliament. The Bill aims to: Enhance the ability of law enforcement agencies (LEAs) to pursue and prosecute money laundering (ML) offences. Clarify and...
by Willie Tan | Sep 3, 2024 | News
Singapore is set to intensify oversight on nearly 3,000 corporate service providers to bolster anti-money laundering controls. A proposed draft law would impose fines of up to $100,000 per breach on firms and senior management that fail to meet anti-money laundering...