Company's Financial Statement

What should be in the Contents of your Company’s Financial Statements?

In Singapore Financial Reporting Standards (SFRS), it is used interchangeably with the term balance sheet. Simply put, the Statement of Financial Position states the company’s assets and liabilities – what it owns and owes. There is a simple equation that serves as a basic guide for preparing the Statement of Financial Position: Assets = Equity […]

FINTECH Singapore

FinTech in Singapore: Everything You Need to Know to Join this Fast-Emerging Sector

Without a doubt in the global financial services and technology industries, Singapore is the best business leader in the Asian region. This can be attributed to its GDP (Gross Domestic Product) per capita of USD55 thousand, its impressive FDI (Foreign Direct Investment) of USD 58 billion, and world-class infrastructure. The city-state also boasts of ultra-high-speed […]

Tax Exemption

Foreign-Sourced Income Tax Exemption in Singapore

Singapore’s attractiveness as a dynamic business hub at the heart of the world’s most robust economic region is an amalgamation of compelling components, namely: consistent top ranking in Ease of Doing Business, excellent infrastructure, stable political structure, as well as a highly skilled and readily available workforce, among many others. One particular component that has […]

Start a Business in Singapore

8 Reasons to Start a Business in Singapore

You’re reading this because you’ve heard great things about Singapore and the fast-growing markets in Asia. Indeed, this cosmopolitan city-state makes an excellent base for MNCs and start-ups looking to scale up their operations in the region. In this article, we share the top 8 reasons why your company would benefit from doing business in […]