Singapore is rolling out mandatory e-invoicing through its InvoiceNow network, and if your business is GST-registered — or is about to register for GST — you need to understand what this means and when it applies to you. This is not merely a technology upgrade: it is a legal requirement backed by IRAS, with real [...]
Every Singapore company has a financial year end (FYE) — the date on which its accounting year closes. Your FYE determines when you must hold your Annual General Meeting, file your Annual Return with ACRA, submit your tax return to IRAS, and prepare your financial statements. Choosing the right FYE matters, and so does knowing [...]
If you are a high-earning foreign professional working in Singapore, the Personalised Employment Pass (PEP) is one of the most flexible work passes available to you. Unlike the standard Employment Pass, which ties you to a single employer, the PEP gives you the freedom to switch jobs, explore new opportunities, and even take a break [...]
When a Singapore company can no longer pay its debts, or when a shareholder or creditor concludes that the company must be shut down through court intervention, the legal mechanism is known as compulsory winding up — or winding up by the court. Unlike a members' voluntary winding up (where shareholders agree that the company [...]
Every director of a Singapore private limited company receives some form of remuneration — whether a monthly salary, annual director's fees, or both. Each carries distinct tax treatment, CPF implications, and filing obligations. Getting these right protects the company from IRAS audit risk and ensures the director meets personal tax obligations on time. This guide [...]
Access to financing is one of the most common challenges facing small and medium enterprises (SMEs) in Singapore. Whether a business needs working capital to bridge cash flow gaps, funds to purchase equipment, or capital to expand overseas, the right loan at the right time can make the difference between growth and stagnation. The Enterprise [...]
The Wage Credit Scheme (WCS) has been one of Singapore's most employer-friendly government grants since it was introduced in Budget 2013. For over a decade, the scheme has helped businesses co-fund wage increases for their local employees, making it easier to raise salaries without absorbing the full cost alone. 2026 is the final year of [...]
If you hold an Employment Pass, S Pass, or EntrePass in Singapore and want to bring your family with you, the Dependant's Pass (DP) is the primary immigration option available to you. Understanding who qualifies, what the salary thresholds are, how to apply, and what rights a DP holder has in Singapore will help you [...]
Every Singapore company will, at some point, need to change its directors — whether through a new appointment, a resignation, or a removal. Yet many business owners are surprised to discover that a director does not simply "leave" a company. Every change must follow a defined legal process and be reported to the Accounting and [...]
EGM mechanics — resolutions, quorum and minutes — Documents required and templates. For directors and company secretaries managing ACRA compliance. Prac...