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Why is the STRO important in the Singapore business landscape?

Why is the STRO important in the Singapore business landscape?

by Willie Tan | Feb 20, 2025 | Running Your Company

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...
When Should Shipping Costs Be Separated from the Related Product Sale?

When Should Shipping Costs Be Separated from the Related Product Sale?

by Willie Tan | Jan 27, 2025 | Bookkeeping

In the world of small and medium enterprises (SMEs), efficient book-keeping and accurate accounting are crucial to maintaining financial health and making informed business decisions. One area that often causes confusion is the treatment of shipping costs in relation...

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  3. A Close Look at Singapore's Corporate Tax Rates and Exemptions - Raffles Corporate Services on Chargeable Income
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  5. Under what conditions can customisation or installation services be considered separately from the related product sale? - Raffles Corporate Services on GST Rules for Advertising Sector

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