Singapore is widely recognised as a business-friendly hub, attracting entrepreneurs and companies from around the world to incorporate in Singapore or start a business in Singapore. However, once your company is up and running, staying compliant with local tax regulations is essential. One of the first obligations being the filing of Estimated Chargeable Income (ECI). […]
Author Archives: melvin weave
Singapore is one of the most sought-after destinations for international founders looking to establish their footprint in Asia. With one of the lowest corporate income tax rates in Asia, a strategic location as a business hub and political & economic stability, most global founders choose to start a business in Singapore as a gateway to […]
In recent years, global expansion has become a key strategy for many entrepreneurs seeking new growth opportunities. While Dubai has established itself as an important gateway to the Middle East and Africa, Singapore has emerged as one of the most strategic business hubs for companies looking to grow across Asia. If you are a Dubai-based […]
Dubai has long been seen as a tax haven for businesses, but with the introduction of new federal corporate tax reforms by the United Arab Emirates (UAE) and regional uncertainties, businesses are re-evaluating where to set up their business bases. Amid this changing business climate, Singapore has once again emerged as a preferred destination for […]
In Singapore, running a company comes with clear statutory obligations. One of the most overlooked but legally critical is the requirement to appoint a company secretary. Many founders underestimate this role, assuming it is administrative or optional. In reality, failing to appoint a company secretary can expose both the company and its directors to penalties, […]
Managing taxes in Singapore requires accuracy, regulatory knowledge, and consistent compliance with the Inland Revenue Authority of Singapore (IRAS). For many businesses, especially SMEs and growing companies, handling tax matters internally can become time-consuming and can bring many risks such as a high chance of being non-compliant with taxation laws due to the lack of […]