ThinkSME Blogs

Welcome to our blog postings. We’ll share more information and resources on what your company needs in order to succeed and flourish.

The Definitive Guide to IRAS GST Filing

The Definitive Guide to IRAS GST Filing Welcome to the comprehensive guide to GST filing with IRAS. Negotiating the nuances of GST can be daunting, particularly if you’ve encountered errors in charging or paying GST. This guide aims to demystify such situations and elucidate the workings of input tax credits

A Comprehensive Guide to Company Incorporation in Singapore

A Comprehensive Guide to Company Incorporation in Singapore Embarking on the journey of company incorporation in Singapore requires thorough preparation and adherence to legal regulations. From securing a local address to appointing directors and shareholders, each step is critical for ensuring a smooth and successful establishment of your business. In

Unveiling the Significance of Fiscal Years for Businesses

Unveiling the Significance of Fiscal Years for Businesses A fiscal year, a critical component of financial management spans 12 months and serves as the cornerstone for accounting practices within companies. This period is pivotal for planning and resource allocation, shaping the timeline for annual reporting. In Singapore, aligning fiscal years

The Vital Role of Corporate Secretaries in Singapore Businesses

The Vital Role of Corporate Secretaries in Singapore Businesses In the business landscape of Singapore, Corporate Secretaries play a crucial role in ensuring compliance with local laws and regulations. Beyond mere adherence, they uphold governance standards, safeguarding companies against legal pitfalls. With stringent regulations like those set by ACRA dictating

A Guide to Collateral for Secured Loans in Singapore

A Guide to Collateral for Secured Loans in Singapore Securing a loan in Singapore often hinges on collateral, typically in the form of property. Lenders extend funds based on the assessed value of the asset, a metric known as the Loan-to-Value (LTV) ratio. This ratio serves as a crucial benchmark,

How to Find the Best SME Working Capital Loan in Singapore?

How to Find the Best SME Working Capital Loan in Singapore? You’re likely looking for a loan tailored to your needs, right? Scrutinising each offer’s details ensures you get value. Does a low interest rate tempt you? Perhaps flexible repayment terms suit you better. Whatever your preference, understanding how to

Is Your Business Eligible for The Enterprise Development Grant?

Is Your Business Eligible for The Enterprise Development Grant? Are you considering applying for the Enterprise Development Grant (EDG)? First, assess your firm’s eligibility. The EDG helps Singapore-based firms to cover the costs associated with innovation and productivity improvements. This grant could be ideal if your business is looking to

How Business Owners and Entrepreneurs Can Raise Business Capital in Singapore

How Business Owners and Entrepreneurs Can Raise Business Capital in Singapore Navigating the financial landscape as a business owner or entrepreneur in Singapore presents its unique challenges. Acquiring capital for your venture may seem like climbing a steep mountain. Remember, though, myriad options are available to propel you forward, with

Singapore Company Incorporation: 9 Top Things You Must Know Before Starting a Business

Singapore Company Incorporation: 9 Top Things You Must Know Before Starting a Business Starting a business in Singapore is an exciting venture, but it involves several important steps and considerations to ensure a smooth and successful incorporation process. From choosing the right company name to meeting various compliance requirements, being