Withholding Tax in Singapore: Essential Guide for Businesses What is Withholding Tax? Withholding Tax (WHT) in Singapore is a tax that the payer must deduct and remit to the Inland Revenue Authority of Singapore (IRAS) when making certain payments to non-resident individuals or companies. It ensures taxes are collected at the source for cross-border … Read more
Your Annual Regulatory Compliance Timeline for Singapore Businesses Keeping up with annual regulatory compliance in Singapore can be overwhelming for business owners, but with proper planning and guidance from experts like WLP, it becomes manageable and stress-free. Missing key deadlines can lead to fines, legal complications, and even business disruptions—so having a clear compliance … Read more
Understanding ACRA BizFile: What It Is and How It Benefits Your Business in Singapore ACRA BizFile is a key online platform that serves as the official digital business registry for the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. This essential tool provides a wide range of services to businesses, enabling easy registration, compliance, … Read more
How to Find the Cheapest Corporate Secretary in Singapore: A Guide for Businesses When starting a business in Singapore, hiring a corporate secretary is a mandatory requirement under the Singapore Companies Act. The role of a corporate secretary is critical for ensuring that your company complies with the regulatory requirements, manages legal documentation, and … Read more
Stay IRAS-Compliant with Cloud Accounting Software Staying compliant with the Inland Revenue Authority of Singapore (IRAS) is a top priority for every Singapore-based business. As regulations evolve and digital transformation accelerates, cloud accounting software has become essential for companies to manage finances, meet tax obligations, and reduce human error. With expert guidance from WLP, … Read more
Top IRAS-Compliant Accounting Software – Approved Cloud Accounting Tools Why Use IRAS-Approved Accounting Software in Singapore? For businesses operating in Singapore, using cloud accounting software listed on the IRAS Accounting Software Register (ASR) isn’t just a recommendation—it’s essential. These tools help ensure accurate GST filing, corporate tax submissions, and e-invoicing through the InvoiceNow network. … Read more
A Comprehensive Guide to GST Return Filing in Singapore In Singapore, Goods and Services Tax (GST) is an essential component of the tax system. As a business owner, staying compliant with GST regulations is crucial. Failing to file GST returns accurately can lead to penalties and interest charges. In this comprehensive guide, we’ll take … Read more
Effective Corporate Governance in Singapore begins with the expertise of a qualified company secretary In today’s competitive business landscape, corporate governance plays a pivotal role in ensuring the success, integrity, and long-term growth of any organization. Proper governance structures and practices not only promote transparency and accountability but also help foster a culture of … Read more
The Evolving Role of Company Secretaries in Singapore In recent years, the role of a company secretary in Singapore has evolved significantly due to regulatory changes, corporate governance standards, and the increasing complexity of business environments. Traditionally seen as a compliance-driven function, the modern company secretary now plays a much more strategic and advisory … Read more
Navigating Singapore’s Economic Growth in 2025: Key Trends and Opportunities for Businesses Singapore continues to be a beacon of economic resilience and innovation in 2025. As the global economy stabilizes post-pandemic and enters a new era of technological evolution and sustainability, Singapore remains one of the most attractive destinations for businesses seeking growth and … Read more