Singapore Budget 2019 Summary

This year’s budget not only has impacted individuals, but businesses in Singapore as well. Singapore Budget 2019 affecting Individuals Personal Income Tax Rebate 50% tax rebate (capped at $200) will be given as Bicentennial Bonus to all tax resident individuals for YA...

Who can file with ACRA or IRAS?

Did you file with ACRA or IRAS every year? The Singapore Companies Act stipulates that every incorporated company must file annual returns to stay compliant with the country’s laws. It is the work of the two government agencies – ACRA and IRAS to oversee and...

Where to get help with filing for ACRA and IRAS?

Get professional help for filing with ACRA and IRAS After successful incorporation of a company in Singapore, the company directors and owners need to ensure compliance of the annual regulatory requirements by the relevant government bodies of Singapore such as ACRA...

What is required for opening a company bank account?

Opening company’s bank account with director’s physical presence Opening a company bank account is one of the key requirements for any company in Singapore. Without a corporate bank account, the entity is unable to make payment or receive money from their customers....

Why we need to Hire a Nominee Director

Why we need to hire a nominee director in Singapore Private Limited Company? The Singapore Companies Act requires foreigners who intend to set up a company in Singapore to appoint at least one local resident director. The director appointed must be a Singapore citizen...
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