For foreign professionals, executives and entrepreneurs eyeing a move to Singapore in 2026, the work-pass landscape has narrowed to three serious contenders: the Employment Pass (EP), the ONE Pass, and the Personalised Employment Pass (PEP). Each has a different sponsor model, salary floor and validity period, and choosing the wrong one can cost you months [...]
Every Singapore company — whether a freshly incorporated startup or a long-established multinational subsidiary — has an annual relationship with the Inland Revenue Authority of Singapore (IRAS). For many founders and finance teams, the corporate tax landscape can feel deceptively simple at first glance. The headline rate is 17%, but the effective rate after rebates, [...]
The Singapore EntrePass sits in an unusual spot in the work-pass landscape. It is not a salary-based pass like the Employment Pass, nor a sponsorship-light pass like the Personalised Employment Pass. It is, instead, a pass for foreign entrepreneurs who want to actively build a venture in Singapore — and the eligibility test is built [...]
Of all the annual compliance obligations a Singapore company faces, XBRL filing is the one most likely to cause a last-minute scramble. The financial statements are signed, the auditor's report is in hand, and then someone has to actually convert the financials into ACRA's prescribed structured data format and lodge them on BizFile+. The process [...]
For most Singapore companies, the day-to-day shareholder dynamic is quiet. Shareholders agree on strategy, the board executes, and capital flows are predictable. The provisions of the Companies Act 1967 and a thoughtfully-drafted shareholder agreement remain in the background. The moment that calmness ends — usually — is when the company receives a credible offer to [...]
Choosing the right Singapore work pass is rarely a matter of "which pass can I get?" — it is far more often a question of "which pass actually fits the way I want to live and work in Singapore?" For the foreign professional earning a senior salary, three personalised pass options sit on the menu: [...]
Closing down a Singapore company is rarely a decision business owners take lightly. Whether the venture has run its course, the founders have moved on to other projects, or a holding entity is no longer needed, the cleanest way to wind things up — for most small, solvent, non-trading companies — is to strike the [...]
Singapore Permanent Residence (PR) is the gateway to long-term life in Singapore — the right to live, work, and run a business indefinitely, without the renewal cycle attached to an Employment Pass or S Pass. For families, it unlocks priority placement in local schools, lower medical costs at restructured hospitals, and the ability to buy [...]
Singapore SMEs that are good at grants do not just apply for one — they sequence and stack. The Productivity Solutions Grant covers a tactical software purchase. The Enterprise Development Grant funds the strategy, branding, or productivity overhaul. The Market Readiness Assistance funds the overseas pilot. Layered correctly, a single transformation programme can attract funding [...]
Closing a Singapore company is more often a paperwork exercise than a financial one. Most owner-managed Singapore companies that have stopped trading do not need to be wound up by a liquidator — instead, they can apply to ACRA to be struck off the register under section 344A of the Companies Act 1967. The process [...]