The Complete Guide to Registering a Company in Singapore in 2025: Process Singapore upholds exceptionally high financial reporting standards, contributing to its impressive ranking as the 5th least corrupt nation globally in the 2023 Transparency International Corruption Perceptions Index. As the highest-ranked Asian country in the top 10, Singapore’s reputation stems from its robust financial … Read more
Sustainability in business is no longer just a buzzword; it’s a crucial aspect of modern business strategies. Accounting plays a significant role in this shift towards sustainable practices. By measuring and reporting on environmental, social, and governance (ESG) factors, accountants help businesses not only to mitigate risks but also to capitalize on opportunities that align … Read more
Audits can be intimidating, but with the right preparation, they can become a straightforward process. This blog post provides an actionable checklist that will help you prepare for an audit, ensuring a smooth and efficient experience. Understand the Scope of the Audit Before diving into the specifics, it’s crucial to understand what the audit entails. … Read more
Simply explained: What is payroll? Payroll is the process by which a company pays its employees. This includes calculating salaries and withholding taxes to making payments to employees. It’s a crucial part of running any business. Payroll can include benefits like health insurance and retirement contributions. What is an SME defined as in Singapore? SME … Read more
What Is Audit Exemption? The Companies (Amendment) Act 2014 revised the audit exemption criteria and introduced more details on small company concept for audit exemption. The small company concept is applicable to existing and newly registered private limited companies in Singapore with effect from 1st July 2015. If you are an entrepreneur who had just … Read more
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