Paying a foreign vendor or consultant? Withholding tax may apply. Learn which payments trigger WHT under Section 45 of the Income Tax Act, the applicable rates, how to file with IRAS, and double tax treaty relief.
Every Singapore company must comply with AGM requirements under the Companies Act. Learn the deadlines, agenda, exemptions, notice rules, and what happens if you miss the AGM deadline.
Your Singapore PR application was rejected — now what? Learn about appealing to ICA, the waiting period before reapplying, and how to strengthen your profile for a successful second application.
Whether you are bringing in a new investor, rewarding a key employee with equity, or restructuring ownership between shareholders, understanding how to allot and transfer shares in a Singapore company is essential knowledge for every director and business owner. The rules are set out in the Companies Act 1967 and your company's Constitution, and getting [...]
The Annual General Meeting (AGM) is one of the most important compliance events in a Singapore company's calendar year. Under Section 175 of the Companies Act 1967, most Singapore companies are required to hold an AGM annually. Yet the rules around AGMs — who must hold them, the applicable timelines, available exemptions, and what must [...]
If your business was incorporated overseas but your operations, clients, or investment base are increasingly centred on Singapore, you may not need to set up a new subsidiary. Singapore's inward re-domiciliation regime allows a foreign corporate entity to transfer its registration directly to Singapore, effectively becoming a Singapore company while preserving legal continuity. This guide [...]
If you are a foreign entrepreneur looking to start a business in Singapore and manage it personally, the EntrePass is designed for you. Unlike the Employment Pass (EP), which requires a sponsoring employer, the EntrePass allows you to incorporate your own company, hold equity in it, and obtain a work pass to manage it directly. [...]
On 6 May 2026, key provisions of the Corporate and Accounting Laws (Amendment) Act 2025 (the "Amendment Act") formally commenced in Singapore. For company directors — whether executive, non-executive, or nominee — the changes are immediate and significant. The maximum fine for breaching core director duties has quadrupled from S$5,000 to S$20,000. A new category [...]
A company's country of incorporation is not necessarily permanent. Many multinational businesses, family-owned enterprises, and investment structures have re-examined their domicile in recent years — driven by regulatory reform, shifting tax treaty networks, increasing investor preference for transparent and stable jurisdictions, and the desire to access Singapore's world-class banking and financial infrastructure. Singapore law expressly [...]
Singapore has established itself as the leading family office domicile in Asia, with over 2,000 family offices established under the Monetary Authority of Singapore's (MAS) tax incentive framework. At the heart of that framework are two tax exemption schemes — Section 13O and Section 13U of the Income Tax Act 1947 — which together make [...]