Singapore Income Tax

A Simplified Guide to Singapore’s Corporate Tax Structure

Corporate tax is a type of direct tax imposed on the income of corporate entities. For taxation purposes in Singapore, income pertains to any of the following: Profits or gains from business or trade; Passive income such as rentals, dividends and interests; Premiums, royalties and any other profits from property; and Any other gains which […]

Top Business Ideas

Top 16 In-Demand Business Ideas In Singapore For 2018

Updated on 06 Feb 2018 Are you interested in starting a business in Singapore? Do you want to know the best investment opportunities in Singapore for foreigners? Highlighted in this article are the top 16 in-demand business ideas in Singapore for 2018. According to World Bank, the Lion City with a 5.5 million population and […]

Singapore's Business Outlook for 2018

Quick Business Outlook In Singapore for 2018

Statistics shows how much attractive Singapore’s business landscape is to entrepreneurs, both local and foreign alike. This is because the number of enterprises operating in Singapore continues to grow steadily over the years. The growth rate of businesses reaches 4.3% per year. By the end of 2016, the current count totals 216,900, with locals owning […]

Consult corporate services to help you with company cessation

How to Wind Up Corporate Affairs in Singapore

Cessation occurs when unproductive firms decide to conclude their corporate affairs. It may happen when venturing into a particular enterprise does not go according to plan. Some of the reasons for ceasing business activities are as follows: Dormancy Economic slow down Unsuccessful business model Lack of Profitability, Financial difficulties or bankruptcy Costs of maintenance of […]