Welcome to our blog postings. We’ll share more information and resources on what your company needs in order to succeed and flourish.
GST Price Display Guidelines 2025: Stay Compliant and Avoid Fines in Singapore Why GST Price Display Compliance Matters If you’re a GST-registered business in Singapore, it’s mandatory to display GST-inclusive prices to the public. This rule, enforced by IRAS (Inland Revenue Authority of Singapore), applies to everything from physical menus
Unlock Business & Workforce Transformation with the NTUC Company Training Committee (CTC) Grant In a rapidly evolving economy, businesses need to stay competitive and resilient while supporting their employees’ growth and development. The Company Training Committee (CTC) Grant, spearheaded by NTUC’s Employment and Employability Institute (e2i), offers a unique solution
Striking Off a Company in Singapore: A Step-by-Step Guide What Does Striking Off a Company Mean? Striking off a company means officially removing it from the Accounting and Corporate Regulatory Authority (ACRA) register. Once approved, the company ceases to exist legally. Eligibility Criteria for Striking Off a Company To apply
Understanding XBRL Filing for your Company in Singapore XBRL (eXtensible Business Reporting Language) is a structured format used for the electronic exchange of financial information. In Singapore, the Accounting and Corporate Regulatory Authority (ACRA) enforces XBRL filing regulations, making it mandatory for most incorporated companies to submit financial statements in
What is the Auto-Inclusion Scheme (AIS) and how to Simplify your tax filing process for employees with AIS The Auto-Inclusion Scheme (AIS) is a key initiative by the Inland Revenue Authority of Singapore (IRAS) designed to simplify the tax reporting process for employers and employees. Since the Year of Assessment
Do I Need to Register GST for my Company in Singapore? Goods and Services Tax (GST) is a consumption tax levied on the supply of goods and services in Singapore. Businesses that meet certain criteria are required to register for GST and charge it on their taxable supplies. In this
Is It Mandatory for My Company to File Annual Return? What Is an Annual Return? An annual return (AR) is a mandatory report filed with the Accounting and Corporate Regulatory Authority (ACRA) . It provides critical information about your company, such as its officers, registered address, and financial details. Filing
Everything You Need to Know About Annual General Meeting 1. Introduction An Annual General Meeting (AGM) serves as a cornerstone of corporate governance, providing a structured platform for shareholders and company executives to discuss the organization’s performance, future strategies, and critical decision-making processes. AGMs are not merely formalities; they are
Xero vs. QuickBooks: Which is Better Accounting Software? Xero and QuickBooks are two of the most popular accounting software options for small and medium-sized businesses. Both offer powerful tools to streamline financial management, but which is better for your business? In this detailed comparison, we’ll explore their features, pricing, ease
Comprehensive Guide to Open a Corporate Bank Account in Singapore Just registered a company in Singapore? The process does not end at company incorporation – in fact, there are several post-incorporation tasks that you also need to check off your list. Opening a bank account is one of the most
