A company's constitution looks like an administrative document until two directors, or a director and a shareholder, read the same clause and reach opposite conclusions about what it means. At that point, the constitution stops being paperwork and becomes the subject of a genuine legal dispute, one that, if it cannot be resolved around the [...]
From 1 January 2026, the CPF Ordinary Wage (OW) ceiling rose to S$8,000 a month, up from S$7,400. This is the final step in a multi-year schedule that has gradually raised the ceiling from S$6,000 in 2023 to S$8,000 in 2026, and for many Singapore employers it means CPF contributions are now due on a [...]
The Enterprise Development Grant (EDG) is one of the most flexible grants Enterprise Singapore offers SMEs, which is also what makes it confusing to apply for. Unlike a fixed-amount scheme, EDG does not fund "a project" in the abstract, every application must be slotted into one of three defined pillars, and the pillar you choose [...]
Before a Singapore employer can submit most Employment Pass or S Pass applications, there is a step that has nothing to do with MOM's online portal at all: advertising the job to Singaporeans first. This is the Fair Consideration Framework (FCF), and getting the advertising step wrong is one of the most common, and most [...]
Every retail, F&B, or office-based Singapore company eventually spends money doing up its premises, a new shopfront, reconfigured office layout, fresh paint and fixtures. Many directors assume this spending simply sits on the balance sheet as a capital cost with no immediate tax relief. In fact, Section 14N of the Income Tax Act 1947 gives [...]
Most Singapore directors assume that if they cannot attend a board meeting, the meeting simply goes on without them. But the Companies Act 1967 allows for a different solution: the alternate director. Properly used, an alternate director lets a busy or travelling director keep a voice (and a vote) in the boardroom. Used carelessly, it [...]
XBRL filing exemptions in Singapore: Frequently asked questions. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthrough covering solvent exempt private companies, the S$500,000 Simplified XBRL threshold and common mistakes.
Capital vs revenue expenditure under the Income Tax Act: Frequently asked questions. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthrough covering eligibility, the common law tests, costs and common mistakes.
IRAS Voluntary Disclosure Programme (VDP): Frequently asked questions. For Singapore SMEs managing tax and accounting compliance, including legacy PIC claim clean-up. Practical 2026 walkthrough covering eligibility, penalties, cost and process.
A step-by-step guide to how creditors and contributories can form a committee of inspection to oversee a liquidator in a Singapore court winding up, under sections 150 and 151 of the Insolvency, Restructuring and Dissolution Act 2018.