Starting a Company
The 7 Personality Traits All Successful Entrepreneurs Have in Common
Starting a CompanyThey say that being successful in business takes passion, attitude, a lot of work, and a dash of luck. Although there’s a lot of truth behind this, each business owner has a unique character that contributes to the success of their enterprise.…
Why is Singapore a suitable place to start a business?
Starting a CompanySince the turn of the millennium, Singapore has been climbing up the ranks in global competitiveness. Where once we were ranked at a lowly 25th position back in 2003, we have now leapfrogged to 4th place in just 10 years. The World Economic…
3 Things Australian Entrepreneurs Should Know Before Setting Up Shop in Singapore
Starting a CompanyIntroduction
Singapore is an ideal location for Australian companies seeking to grow in and beyond because of its strategic location in Southeast Asia, business-friendly policies, and firm reputation as a regional business center in Asia.
In…
3 Important Tax Considerations before Starting A Singapore Company
Starting a CompanyDo you know what is the effective company tax rate in Singapore? If your answer is 17%, we will tell you why its much lower than that and why in this article.
Every year there are many new businesses getting set up in Singapore. It is primarily…
Starting a Business in Singapore? Keep These Things in Mind
Starting a CompanyDid you know Singapore is the second-best place after New Zealand to do business according to a report from World Bank? Yes, with a score of 86.2 out of 100, Singapore offers a fast and easy way to start a business. And, isn’t it what every…
Types of Business Entities for foreigners in Singapore
Starting a CompanySingapore is one of the best countries to set up a business. This is evidenced by the number 2 ranking in the 2019 World Bank annual ratings for ease of doing business. Whether its incorporating a company or setting up a partnership, the process…
What Is A Company Secretary For Singapore Companies?
Starting a CompanyAre you about to establish your business in Singapore? Are you fulfilling all the criteria required to set up a company in this country? You must have done all the relevant research and must be aware of all the rules and regulations. But, are…
Possible Tax Structures between Singapore and UK
Company taxation and GST, Starting a CompanyDisclaimer
This is purely regarded as academic information sharing. We hold absolutely no liability over any of the notes below, what you choose to do with this information, or any actions individuals or companies choose to make arising from…
How to lower Australia tax by incorporating a Singapore Company
Company taxation and GST, Starting a CompanyWe will show a couple of company structures an Australian can use that includes a Singapore company and that will save taxes.
Companies, jurisdictions, and tax – where is a company tax resident?
As a general rule, a company will be deemed…
Commonly Asked Questions about Foreign Ownership
Starting a CompanyIf you are going to set up a business in Singapore, your mind must be clouded with numerous doubts and questions as every country has different requirements and different regulations.
In this FAQ post, we have complied a list of questions that…
Bookkeeping and Accounting
7 Brilliant Ways To Save Money Through Accounting Software
Bookkeeping and AccountingIt’s common for new businesses these days to do their accounting work. This is why the surge of popularity on using accounting software has reached not only accounting professionals, but entrepreneurs as well.
If you’re thinking of running…
Why Use the Most Up-to-Date Accounting System for Your Business?
Bookkeeping and AccountingThe presence of accounting software makes it easier for businesses to manage their resources efficiently while eliminating bookkeeping errors, but Why use the most up-to-date accounting system for your business?
What is the importance of…
Benefits of Having an Accounting System in Your Business
Bookkeeping and AccountingIn every industry, accounting work is an indispensable part of a business process. Regardless of whether you're using automated or non-automated methods, the act of recording and calculating transactions flawlessly is crucial.
Financial…
8 Reasons Why You Should Consider Outsourcing Accounting Services in Singapore
Bookkeeping and AccountingThe recent trend in running a business now involves availing one or more outsourced services. It can include marketing services, consulting services, software services, legal services, and even accounting services. Practicality aside, this method…
When To Hire an Accountant?
Bookkeeping and AccountingFor many small and growing businesses, professional accountants are usually requested only when the need arises. Due to the costs involved, hiring one falls as the last option to many entrepreneurs. Most resort to multitasking and resolving…
Impact of COVID 19 on Accounting Firms
Bookkeeping and AccountingEconomic prosperity was distinct in the early months of 2020 until a global health issue rocked every state. As we all know, COVID-19 has caused serious effects on different industries, particularly in the field of tourism and hospitality.
While…
How to Create a Business Budget: 6 Easy Steps
Bookkeeping and AccountingIn a survey done by Clutch, it was found that in 2018, a big percentage of small businesses didn’t do budgeting. However, it also showed that growing businesses have already learned the value of such tools.
The refusal to use budgeting…
5 Best Accounting Software for Startups
Bookkeeping and AccountingWe all know how important accounting is in running a business. Without accounting, it would be impossible to keep track of your income, expenditures, do budget planning, make business decisions and measure growth.
Because of the crucial role…
Effective Budgeting Strategies for Small Businesses in Singapore
Bookkeeping and AccountingFor any SMEs around the world, survival is tough, especially in Singapore. Entrepreneurs are faced with never-ending challenges such as innovation, competition, brand reputation, workforce shortage, reduced cash flow, and economic downturn.
We…
The Advantages of Having Bookkeeping in a Business
Bookkeeping and AccountingEvery business, big or small, needs to deal with its finances. Apart from managing your products or services, your finances become your top priority.
Practicing proper bookkeeping and having basic knowledge of simple accounting tasks will…
4 Key Benefits of Incorporating in Singapore
Bookkeeping and AccountingIntroduction
Many organizations that track countries' business friendliness have consistently valued Singapore for the ease with which it is possible to start and incorporate a new business. Singapore has been making waves in recent times as…
Grants for Business Start Ups In Singapore
Bookkeeping and AccountingStarting a business has never been easy. Be it formulating an idea or getting the funds; an entrepreneur faces many challenges during his business put up. And, if you don’t get the right support, it only adds to the many challenges.
This…
How Can Cloud Based Bookkeeping Transform Your Business?
Bookkeeping and AccountingCloud computing is changing our lives for good! Be it education, integration in healthcare, or eCommerce businesses; cloud computing is significantly impacting numerous fields.
With its ability to access software programs in real-time, cloud…
Should I outsource my bookkeeping?
Bookkeeping and AccountingBookkeeping is important for companies of any scale, but it is also time-consuming. Many corporations are trying to keep up with their accounting, and if they make mistakes, this can lead to a lot of problems. As a result, several people decide…
Company taxation and GST
Comparison of Incorporation Package for Foreigners with other Competitors.
Company taxation and GSTWe are sure a lot of foreigners thinking of incorporating a Singapore Company is wondering which service provider they should be choosing and one of the major factors they may be considering will be the costs that various service providers charges.
It…
GST Registration Singapore Guide | Do My Company Need To Register For GST?
Company taxation and GSTAre you establishing a new business in Singapore? Well, good luck! But, first things first, have you registered for GST? Yes, if the expected turnover of your company is more than S$1 million, you need GST registration. As long as the Company…
Common Mistakes for GST Registered Companies
Company taxation and GSTWith the endless regulatory changes in GST filing and requirements, there’s always a need to update one’s knowledge. If you are filing your GST yourself instead of using a professional, it is important to watch out for these common mistakes…
Overview of Singapore Corporate Tax and GST
Company taxation and GSTSingapore is famous for its food, being a garden city, and its attractive low corporate tax rates as well. Low crime rates, the avid culture, and cleanliness attract many expats. Singapore polices are pro-business which means that there’s…
Possible Tax Structures between Singapore and UK
Company taxation and GST, Starting a CompanyDisclaimer
This is purely regarded as academic information sharing. We hold absolutely no liability over any of the notes below, what you choose to do with this information, or any actions individuals or companies choose to make arising from…
How to lower Australia tax by incorporating a Singapore Company
Company taxation and GST, Starting a CompanyWe will show a couple of company structures an Australian can use that includes a Singapore company and that will save taxes.
Companies, jurisdictions, and tax – where is a company tax resident?
As a general rule, a company will be deemed…
Others
How to record Food and Beverages sales in Xero
Others
How to record your sales in Xero for Food-and-Beverage (F&B) businesses
Xero is a popular choice for many small F&B business, as most F&B businesses do not really require complicated accounting software or a full CRM. However,…
Guide to Starting a Charity in Singapore
OthersAre you thinking of doing something meaningful with your resources? Do you have a cause that you are passionate to champion for? If you would like to raise funds for a charitable cause or to create an entity that can grow to serve a forgotten…
That is why we partner with Xero – The World’s Easiest Cloud Accounting Software, so that you can always enjoy doing business anytime, anywhere.
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