Business Success

Top 5 Non-Statutory Benefits that Lead to More Engaged, More Productive Employees

Any Singapore employer that recognizes the significant roles of his/her workers within the organization would willingly provide some effective remuneration packages that meet employees’ needs and are competitive with what other companies offer. This is manifested in an employment contract, in accordance to the which is the city-state’s main labour law. Nevertheless, those companies that […]

corpass

A Step-by-Step Guide for CorpPass

CorpPass, a one-stop authentication and authorization service, is considered as the exclusive login method that corporate entities use when making online transactions with various government agencies now. As announced by the Singapore Government in Year 2018, CorpPass has already replaced other means such as SingPass and Easy (E-Services Authorisation System) since 1 September 2018. What […]

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 […]

Top 10 FAQs about Unique Entity Number (UEN)

Singapore Company Registration number or currently known as the Unique Entity Number (UEN) was implemented on 1st January 2009. Previously, all Singapore-registered entities used company registration number issued by various government agencies when facilitating transaction with various government agencies. Since its introduction almost a decade ago, the Unique Entity Number (UEN) has become the official […]