As a business owner, hiring the best IT solution providers and company incorporation Singapore professionals is an important parameter towards your business’ growth and expansion. Singapore’s technological industry is booming. As a result, the country’s software market has become extremely competitive. So, in a market brimming with them, how do you find the right IT … Read more
Expat health insurance is intended for foreigners (neither Singaporeans nor permanent residents) who have relocated to Singapore with a valid visa to work and live. Foreign worker insurance providers allow foreigners to use Singaporean healthcare facilities while living in Singapore. It is essentially a foreigner’s version of the Integrated Shield Plan (though expatriates who do … Read more
Customer Relationship Management (CRM) is a term that refers to the management of customer relationships to set up a company in Singapore. It is a type of software application that assists businesses in organizing, managing, and tracking customer data. This data contains the customer’s name and contact information, order history, the product ordered, and payment … Read more
Work-from-home limits of company incorporation Singapore firms will not be lifted completely just yet. That means you’ll have to wait a little longer if you want more face-to-face contact with your coworkers. However, if you’re looking for a way to break up the monotony of working from home, finding workspace providers in Singapore maybe your … Read more
Accounting softwares like Xero for bookkeeping enables you to manage and track your business’s financial transactions easily and accurately. Different Xero accounting firms offer accounting software with different additional functions that may be useful depending on your nature of business. For example, some software is designed for basic accounting functions, and some are designed to … Read more
Singapore Resident Tax Rates 2019 For Year of Assessment 2019 Source: IRAS Chargeable Income Income Tax Rate (%) Gross Tax Payable ($) First $20,000Next $10,000 02 0200 First $30,000Next $10,000 –3.50 200350 First $40,000Next $40,000 –7 5502,800 First $80,000Next $40,000 –11.5 3,3504,600 First $120,000Next $40,000 –15 7,9506,000 First $160,000Next $40,000 –18 13,9507,200 First $200,000Next $40,000 –19 21,1507,600 First … Read more
After completing the process to incorporate a company in Singapore, you are excited to start working on your product and expanding your business. However, it is important that you first research and mark out all the important filing datelines that you need to meet. Many new businesses make the mistake of missing out on their datelines, … Read more
What is XBRL? XBRL stands for eXtensible Business Reporting Language. It is a global framework (XML based language) mainly used for communicating and exchanging business information globally on the internet. XBRL is currently the international standard used by most companies worldwide for digital business information and is commonly used in lieu of physical paper documents. … Read more
How To Determine FYE For The Company The Financial Year End (FYE) of a company refers to the end of the company’s accounting period, normally recurring every 12 months. A company’s FYE does not necessarily need to fall on 31 December, and can actually fall on any day within the year. The First FYE for … Read more
What Are The Benefits of Singapore Permanent Residency? Every year, there is an estimate of 30,000 foreigners receiving the status of Permanent Resident(PR) in Singapore. As one of the safest, developed and a city that offers good educational system, Singapore is considered one of the best cities in Asia to reside in. If you are … Read more