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Singapore Employment Pass Guide
Employment Pass (EP) is the main type of issued to foreign professional, managerial (managing director, general manager, CEO), executive or specialist who wishes to work in Singapore. The Ministry of Manpower (MOM) allows the foreigner to apply for a Singapore Employment Pass after they have incorporated their Singapore Company to enable them to live and [...]
Singapore Virtual Office Service
A virtual office is one of the most innovative concepts in the business world. It allows small and large businesses to have a prestigious office address at a fraction of the cost of renting physical office space. Professional receptionist can answer your calls and forward your mail while you run your company business from anywhere [...]
Singapore Personal Tax Rates
Singapore’s Personal Income Tax structure is one of the friendliest and most competitive in the world. The tax year is from 1 January to 31 December in each calendar year and income is assessed on a preceding year basis. Singapore Tax adopts a progressive personal tax rates, relative to an individual’s amount of income. This [...]
Productivity and Innovation Credit Scheme
The PIC Scheme was first announced in Budget 2010 with the aim of stimulating enterprises to invest in upgrading their operations and to encourage a wide range of innovation-related activities in Singapore. A tax deduction of 400% ( up from the previous 250%) on the first S$400,000 (up from S$300,000) spent for each of the [...]
Singapore Global Investor Programme
Singapore has emerged as one of the top thriving cosmopolitan cities in the world with a diverse culture and a vibrant economy. Given its political and financial stability, Singapore appeals to investors all over the world to invest both in the country and the economies in the Asia-Pacific region. A dynamic and rich city-state, it’s [...]
Overview of Singapore Business Entities
Choosing the right structure for the business is very crucial for its success. Tax and regulatory compliance requirements varies depending on the type of entity. Moreover, to a large extent the entity type conveys, an image and status of the business among the commercial community in which it operates, thereby showcasing the strength of the [...]
