overseas business registration

Guide to GST Reverse Charge and Overseas Vendor Registration for Businesses

GST is a tax that is levied on all services consumed in Singapore whether they are procured from local or overseas suppliers. According to current GST rules, services (other than exempt supplies) supplied by a supplier belonging in Singapore is subject to GST while the same services supplied by a supplier belonging outside Singapore is […]

KYC Before Incorporation

Guide to Know Your Customer (KYC) in Singapore Before Incorporation

Since its independence in 1965, Singapore has grown in stature as a trusted international financial and business centre. However, due to its simple and easy incorporation process, a handful of newly registered entities have been found to be laundering money, or abused by criminals in setting up complex or unusual business structures to conceal beneficial […]

Protecting Privacy Directors, CEO and Company Secretary

Protecting the Privacy of Directors, CEOs and Company Secretaries in Singapore

A couple of years ago, the Accounting and Corporate Regulatory Authority of Singapore (ACRA) introduced new amendments to a highly controversial provision of the Companies Act. The changes allowed Singapore’s companies to register an alternate address for their directors, CEOs, and secretaries. While some business owners have taken full advantage of this opportunity, unfortunately, not many companies […]

Setting Up Company in Singapore

Tips for Foreign Companies on Setting Up in Singapore

With its strategic location, the availability of modern infrastructure and a multi-lingual and well-educated talent pool, Singapore is an attractive investment destination for foreign corporate entities expanding their business operations to the region. If you wish to establish operations in Singapore, here is your all-in-one guide to the setting up process, from the different types […]