Other Briefings
Singapore’s New Amendments to the Companies Act: the Annual Audit Exemptions for Small Firms Explained
Qualifying small companies in Singapore can now benefit by foregoing a yearly financial burden – annual audits. The new regulations arise from the amendment of Singapore’s Companies Act in October, 2014 – the most sweeping change made since the law’s original promulgation in 1967.
Singapore Updates Regulations for Voluntary Disclosure of GST Errors
The Inland Revenue Authority of Singapore has released new information relating to the regulations for correcting errors made in submitted GST F5/ F7/ F8 forms.
Applying for Permanent Residency in Singapore – What a Foreigner Needs to Know
A contributing factor to Singapore’s success is the government’s strong incentives program for foreign talent to commit to the country. One such incentive is the permanent residency (PR) scheme, with basic perks including the freedom to enter and exit the country, the right to purchase real estate, and a certain degree of job security.
Singapore to Impose New Individual Income Tax Rates in 2017
Singapore’s Inland Revenue Authority has announced that, beginning in 2017, there will be new income tax rates for both resident and non-resident individuals in the country. Many of those affected will see their tax rates increase.
Beijing to Sydney by Train: The Potential Development of a Singapore, Indonesia & Australia Rail Network
The China-Singapore rail project has been getting a lot of attention over the past few years as these routes continue to develop. But why stop at Singapore? How about taking the train from Beijing to Sydney? In this article, Chris Devonshire-Ellis discusses the creation of such a rail route.
Indonesia-Singapore Bilateral Investment Guarantee Agreement to Expire
The bilateral agreement signed by Indonesia and Singapore in 2005 will not be renewed by Indonesia, and is set to expire on June 20, 2016. This bilateral agreement, commonly known as an investment guarantee agreement (IGA), grants protection to Singaporean investors.
Learning from Experience: How to Hire Interns in Singapore
With its strong economy and low unemployment rate (just 1.8 percent in Q1 2015), Singapore is an attractive destination for internships, but hiring companies will have to be fully versed in the jurisdiction’s idiosyncratic regulatory framework. In this article, we detail the main ways corporations in Singapore can lawfully take on trainees and students.
The Cost of Business in Singapore Compared With Hong Kong, China
The seventh part in our comprehensive look at how doing business in ASEAN compares with China, this time focusing on the Singapore.
Your Guide to Singapore’s Wage Credit Scheme
Singapore’s government announced in its recent 2015 Budget that the Wage Credit Scheme measure would be prolonged until year of assessment (YA) 2017. In this article, we take an in-depth look at the scheme’s structure.
Understanding how Singapore’s Budget 2015 will Affect Your Business
On Monday, February 23rd, Singapore’s Finance Minister and Deputy Prime Minister, Tharman Shanmugaratnam, announced the release of the country’s Budget 2015, which, among welfare benefits for senior citizens, will have a number of important consequences for businesses.
