Singapore’s Budget 2025 introduces a range of tax incentives designed to support businesses, stimulate innovation, and bolster the nation’s economic resilience. Here’s a summary of four key tax measures that companies should consider: 1. Corporate Income Tax Rebate To alleviate rising operational costs, the government has announced a 50% Corporate Income Tax rebate for the … Read more
As a small or medium enterprise (SME) owner in Malaysia, staying ahead of regulatory changes is crucial for business success. With the government pushing towards a digital economy, one key change that will impact us all is the national e-Invoicing initiative. This move aims to modernize invoicing, making financial transactions more efficient, transparent, and compliant … Read more
Key Takeaways The Productivity Solutions Grant (PSG) is a game-changer for Singaporean businesses. Discover the key benefits of this grant and how it can propel your business to new heights. What are the benefits of the PSG grant for Singaporean businesses? The PSG grant offers significant financial support for companies looking to implement IT solutions, … Read more
The financial market in Singapore is one of the most developed and competitive from Asia. It offers a wide range of business loan options for small and mid-size businesses. Because of the presence of both traditional banks and fintech lenders, entrepreneurs can access financing suitable to their growth, cash flow, or investment needs. A stable … Read more
When you run a business in Singapore, sending out invoices is key. These documents tell your clients what they must pay you. They also keep your accounts clear and correct. In Singapore, certain details must be on your invoices. This makes sure they meet legal standards. Singapore uses the SFRS. So you need to make … Read more
Understanding insider trading and “inside” information Insider trading is a term you may often hear in news related to the stock market, business, and accounting. But what exactly is it? And where do we draw the line between legal and illegal insider trading? In the simplest terms, insider trading involves trading (buying or selling) stocks … Read more
Special Purpose Entities (SPEs) might sound like something from a science fiction novel. But in reality, they’re a type of financial arrangement used in the world of accounting and business. Accounting is more than just using accounting softwares like Xero. We will go into specific accounting and legal tools that businesses use. Essentially, an SPE … Read more
The business landscape in Singapore is rapidly evolving, and entrepreneurs must be able to stay ahead of the curve to thrive and continue to maintain profitability. One way of doing this is by embracing tools and solutions powered by digital technology. Digital transformation offers individuals and organisations a wealth of opportunities to streamline operations, improve … Read more
Enterprise SG is a Singaporean government agency with the mission to promote development among businesses in Singapore. Enterprise SG also has a mission to transform into a city for business activity and new startups with the highest quality goods and services in the world. One way that Enterprise SG does this is via the PSG … Read more
In today’s business environment, implementing advanced IT solutions is crucial for a company’s growth. The Singapore government’s Productivity Solutions Grant (PSG) provides substantial support in this endeavour. There has been several changes to the PSG Grant since 2018. But the following guide will walk you through the application process for the PSG in 2023, ensuring … Read more