Do you know that around 30% of SMEs fail in the first year and 50% fail in the first 5 years? One of the main reason for that is due to poor accounting services. Many start-ups and small businesses don’t invest in good accounting services to save money and try to DIY it. As a […]
It is mandatory in Singapore to hire a corporate secretary when you start a new business. And you must hire one within six months of your launch date. So, what is corporate secretarial service Singapore? The responsibilities of a corporate secretary are a lot more and different from that of a traditional secretary. They are […]
Accounting and bookkeeping services is a very popular term in Singapore. Although both of these services are essential in supporting your business, they are different from each other and people are often confused between the two. They don’t know which service they might need. So, if you are one of those and want to know […]
Singapore is one of the hottest business destinations in the world and this is the reason we are seeing an increase in the number of local as well as foreign investors turning up here and getting their company registered. Getting a company registration in Singapore is a well-regulated process and requires deep know-how of […]
There is an increase in numbers of businesses getting registered in Singapore every day as Singapore actively encourages foreign investments and the process of registering your company can be simple with the right assistance. The process can be so efficient that you might even get your company registered in less than an hour or so […]
As your business starts to grow and your accounts start looking complicated, you know that is when you should be looking for an Outsourced Accounting Services in Singapore to take over or to hire an in-house accountant. In most scenarios, the former option might be better because outsourced service allows you to resources that you […]
The Productivity Solutions Grant (PSG) was launched on April 2018 to assist businesses in their transformation journey. For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. Other than sector-specific solutions, PSG also supports adoption of solutions that cut across industries, such as in areas of customer […]
Types of Business Structures in Singapore As you decide to incorporate your business in Singapore, you will have to select the business structure that best suits your needs. This article provides an overview of the different business entity structures allowed in Singapore and explains why a limited liability company is the best choice for […]
A common trend that is rising with time is hiring accounting firms for SME accounting services in Singapore. Small business owners and start-up enterprises have started preferring to outsource their accounting and bookkeeping services to professional and experienced firms. It offers various benefits to SMEs; also, it has played a vital role in increasing […]
Special Employment Credit (SEC) was first introduced in 2011 Budget aiming to raise the employability of older low-wage Singaporeans. The SEC also helps employers to adjust to the re-employment legislation. The enhanced SEC will be given to employers who hire Singaporean employees aged above 50 earning up to $4,000 per month. The employer will receive […]
