Not every Singapore company is required to have its financial statements audited each year. For thousands of small businesses, the small company audit exemption under the Companies Act 1967 removes the mandatory audit requirement — saving directors significant time and cost without compromising their core compliance obligations. But qualifying is not automatic, and changes may [...]
GST registration is one of the most consequential compliance milestones for a Singapore business. Once you cross the threshold, you must charge 9% GST on all taxable supplies, file quarterly GST returns, and remit the tax to IRAS — with strict penalties for late registration, late filing, and underpayment. Get it wrong and you face [...]
Complete 2026 guide to Singapore payroll and CPF compliance — contribution rates by age group, the new S$7,400 OW ceiling, CPF and SDL deadlines, IR8A filing, and MOM leave entitlements.
Complete guide to GST registration in Singapore 2026 — mandatory registration triggers, taxable turnover calculation, voluntary registration, the registration process, and the new InvoiceNow requirement from 1 April 2026.
Running an e-commerce business in Singapore — whether you sell physical goods, digital services, or operate as an online marketplace — sits at the intersection of three regulatory regimes that did not exist in their current form a decade ago: corporate tax under the Income Tax Act 1947, GST under the Goods and Services Tax [...]
Singapore's food and beverage (F&B) sector is one of the most heavily regulated parts of the Singapore SME landscape. A typical café, restaurant, or central kitchen has obligations spread across at least five regulators — the Singapore Food Agency (SFA), the Accounting and Corporate Regulatory Authority (ACRA), the Inland Revenue Authority of Singapore (IRAS), the [...]
Singapore's tax regime is widely admired for its simplicity and competitive rates, but one area regularly trips up Singapore-incorporated companies — particularly those making cross-border payments to overseas suppliers, lenders, or licensors: withholding tax. Get it wrong, and the company is liable to IRAS for the tax it should have withheld, plus penalties and interest. [...]
Running payroll in Singapore looks simple on the surface — there is no employee income tax to withhold, no equivalent of pay-as-you-earn, and IRAS does not collect tax monthly. But Singapore has its own discipline: monthly Central Provident Fund (CPF) contributions, monthly Skills Development Levy (SDL), monthly Foreign Worker Levy (FWL) where applicable, annual income [...]
13O or 13U? The Question Every Family Office Faces For families establishing a Singapore family office, two tax incentive schemes dominate the conversation: Section 13O (Onshore Fund Tax Incentive) and Section 13U (Enhanced-Tier Fund Tax Incentive). Both exempt qualifying fund income from Singapore tax. Both are administered by the Monetary Authority of Singapore (MAS). But [...]
Singapore's headline corporate tax rate sits at a flat 17%, and that single number is the marketing line everyone remembers. The reality is more nuanced. Between the partial tax exemption, the start-up exemption for qualifying new companies, the YA 2026 Corporate Income Tax (CIT) Rebate, and a basket of incentives administered by IRAS, EDB, and [...]