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So far Daryl has created 261 blog entries.

What are Routine Secretarial Services?

In accordance with the Companies Act, every Singapore registered company is required to appoint a company secretary. In many instances, companies may outsource this position, as well as the duty to maintain corporate compliance, to a corporate service provider like Singapore Secretary Services. The role of the Company Secretary is to assist in the administration [...]

By |2022-02-07T09:35:49+08:00February 3rd, 2022|Questions and Answers, Running a Company|

Can I set up a company in Singapore and apply for a valid work pass?

This article was previously featured on Singapore Employment Agency and syndicated on our website.   The short answer to this question would be yes. However, there are a few qualifiers and you should read further into this article to better understand what they are.   There are many who would like to come to Singapore [...]

By |2022-01-25T12:20:29+08:00January 25th, 2022|Employment and Immigration, Questions and Answers|

Changes to company laws to improve corporate compliance

On the 10th of January 2022, the Singapore parliament passed the Corporate Registers (Miscellaneous Amendments) Act. This act amends the Companies Act and the Limited Liability Partnerships Act. This act adds the requirement for Companies registered in Singapore to keep registers of nominee shareholders and their nominees. This requirement will plug the gap regarding the [...]

By |2022-01-18T08:33:58+08:00January 18th, 2022|Running a Company|

Should I outsource my payroll management?

What is payroll management? Payroll management is about administering employees' salaries, bonuses, relevant payments and financial records and possibly other miscellaneous items like leave and medical leave matters. Payroll management is an important aspect of running a company. It is mandatory to maintain and keep employees' records according to the Employment Act. You have two [...]

By |2022-01-05T14:31:42+08:00January 5th, 2022|Questions and Answers|

Allowable business expenses and deductions

Certain business expenses can be deducted from your revenue. These deductions can reduce the income that is subject to tax. However, it is important to note that not all business expenses can be deductible.   Here are some general rules: Expenses must be incurred. (An expense is incurred when the legal liability to pay has [...]

By |2022-01-03T15:29:24+08:00January 3rd, 2022|Accounting Bookkeeping Tax and XBRL|

Singapore’s 2022 Budget to be delivered on the 18th of February 2022

Finance minister Lawrence Wong will deliver the 2022 Budget on the 18th of February 2022. The Budget statement will be broadcast live on television and radio as well as on the Singapore Budget website. The Singapore Budget website: https://www.mof.gov.sg/singaporebudget The full budget statement will be published on this website as well. The Budget is seen [...]

By |2021-12-30T12:29:05+08:00December 30th, 2021|Latest News and Announcements|

What is a digital bank?

A digital bank is an online-only platform that provides new and traditional banking products and services to customers. The difference between a digital bank and a traditional bank is that a digital bank does not have a physical bank that customers can visit. However, most of the online functions that can be performed online for [...]

By |2021-12-14T15:12:08+08:00December 14th, 2021|What Is...|
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