Tax Treatment between a Sole Proprietorship and a Company in Singapore
Taxation of Sole Proprietorship Sole Proprietorship is not considered a separate legal entity from the owner. The Business income is treated as the ...
Precious Stones and Precious Metals Act: Compliances for Regulated Dealers in Singapore
Introduction Singapore, often referred to as the “Lion City,” is not only a global financial hub but also a thriving market for precious ...
Outsourcing of Bookkeeping Services
Considering the increasing cost of running a business which is contributed by the rising of the labour costs and cost of materials, business owners ...
Incorporating a Variable Capital Company in Singapore
Introduction Singapore’s reputation as a global financial hub continues to grow, attracting investors and fund managers from around the world. ...
GST Rate change from 8% to 9% on 1 Jan 2024
For any standard-rated supplies of goods or services that you make on or after 1 Jan 2024, you must charge GST at 9%. For instance, if you issue an ...
Business Combination
The merger and acquisitions are quite common as some of the larger corporations are seeking business opportunities beyond organic growth. IFRS 3 : ...