If you are an employer or HR lead applying for an Employment Pass (EP) in Singapore in 2026, the COMPASS framework is no longer optional reading — it is the gate every new EP application must pass. Introduced by the Ministry of Manpower (MOM) on 1 September 2023 for new EP applications and from 1 [...]
Every significant decision made by a company's board of directors — from opening a bank account to approving financial statements, allotting shares, or authorising a major contract — must be formally documented as a board resolution. In Singapore, this requirement flows directly from the Companies Act 1967, and failure to maintain proper records can expose [...]
A nominee director is one of the most common — and most misunderstood — corporate arrangements in Singapore. Foreign founders setting up a Singapore private limited company, family offices structuring holding entities, and entrepreneurs wishing to maintain privacy of involvement all encounter the nominee director arrangement. Yet it is frequently implemented without proper legal documentation, [...]
Singapore has emerged as Asia's premier hub for single-family offices, with the Monetary Authority of Singapore (MAS) reporting more than 2,000 single-family offices established by the end of 2024 — a number that continues to grow despite tightened criteria. The combination of political stability, sophisticated financial infrastructure, deep capital markets, and the headline tax exemption [...]
Becoming a Singapore Permanent Resident (PR) is one of the most significant immigration milestones a foreign professional can achieve. PR status confers near-citizen rights to live, work, and own property in Singapore, while also positioning the holder for eventual citizenship if desired. Yet the application process is competitive, document-intensive, and often opaque — the Immigration [...]
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 a Singapore company is a decision that requires careful planning and proper execution. When a business has ceased operations and has no outstanding liabilities, the most cost-effective and administratively straightforward way to close it is through a voluntary striking-off application with the Accounting and Corporate Regulatory Authority (ACRA). Once struck off, the company ceases [...]
Goods and Services Tax (GST) is a broad-based consumption tax levied at a rate of 9% on the supply of goods and services in Singapore and on imports of goods. For Singapore business owners and directors, understanding when GST registration is required — and when it may be advantageous even if not compulsory — is [...]
For foreign professionals seeking to work in Singapore and for the employers who wish to hire them, the Employment Pass (EP) remains the most widely used work authorisation route. Administered by the Ministry of Manpower (MOM), the EP is designed for foreign professionals, managers, and executives who meet defined salary and qualifications criteria. This guide [...]
For Singapore small and medium enterprises (SMEs) looking to upgrade their technology, improve operational efficiency, or strengthen their digital capabilities, the Productivity Solutions Grant (PSG) remains one of the most accessible and practical government funding schemes available. Administered by Enterprise Singapore and the Infocomm Media Development Authority (IMDA), the PSG helps businesses offset the cost [...]