Welcome to our blog postings. We’ll share more information and resources on what your company needs in order to succeed and flourish.
Who Must Comply And When? GST-registered businesses will be required to submit invoice data to IRAS via the InvoiceNow network. This mandatory participation will be implemented progressively, in the following phases: Implementation Date Who it applies to 1 November 2025 Companies that register for GST voluntarily within 6 months of
Your First 90 Days After Incorporation in Singapore Once ACRA approves your company incorporation in Singapore and you receive your Unique Entity Number (UEN), it can feel like the hard work is done. In reality, this is the starting line. On paper, you now exist, but operationally you still need
Turning Tax Rules Into Cash Flow Advantages Tax rules are not just something to survive once a year. Used well, they are levers that can improve cash flow, make growth more affordable, and increase what founders actually take home. For Singapore SMEs, every dollar of tax saved legally is a
Turning Budget Measures Into Real Growth for Your SME 2026 Singapore’s Budget is not just a headline on tax and levies; it is a practical toolkit that shapes how small and medium enterprises scale, digitalise and go abroad. For owners and finance leaders, the real value lies in understanding how
Why IRAS Tax Compliance Matters for SMEs in Singapore IRAS tax compliance in Singapore is not just an annual chore; it is a core part of running a healthy, sustainable SME. Filing correctly and on time protects you from penalties, interest, and unnecessary stress, and it also gives you a
Eligibility Criteria for the MRA Grant in Singapore: Who Qualifies and How to Apply Expanding into international markets is a significant milestone for any business. Recognizing this, the Singapore government, through Enterprise Singapore, offers the MRA Grant in Singapore to support Small and Medium Enterprises (SMEs) in their overseas expansion
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
