Incorporating a Local Company in Singapore 在新加坡成立本地公司 Hello, there are you looking to start a company in Singapore? If yes, you have come to the right place. 你好，你想在新加坡开公司吗? 如果是的话，你来对地方了。 Before you begin incorporating a company, you must have the company’s name application approved. Approved name applications are reserved for 120 days. 在你开始注册一个公司之前，你必须让公司的名字申请被批准。经批准的姓名申请保留120天。 Once the company’s […]
Choosing a Company or Business Name 选择公司或商业名称 Before you can register a business or incorporate a company, the first step is to register a business name. Your business name allows you to identify your business to your customer, and to differentiate your business from competitors. Here are some tips on choosing a business name or […]
How to Hold an EGM in Singapore 如何在新加坡召开特别股东大会 What makes an Extraordinary General Meeting (EGM) “extraordinary”? 什么使特别股东大会(EGM)“特别”? As a small business owner, you would have heard of Annual General Meetings (AGMs) since every company is required to hold one every year, but may still be unsure about what an EGM is. 作为一位小企业主，你可能听说过年度股东大会(AGMs)，因为每个公司都被要求每年举行一次，但可能仍然不确定什么是特别股东大会(EGM)。 AGM vs EGM […]
Licensing Your Business 为你的商业申请执照 Certain business activities require a license or permit before you can start operating. After you have successfully registered your business or incorporated your company, you can proceed to apply for the license or permit from the relevant government agencies. For example, if you plan to operate a cafe, you would need […]
Singapore Budget 2020 新加坡2020年预算 A. Responding to Challenges in a New Decade 应对新十年的挑战 1. Mr Speaker, Sir. I beg to move, that Parliament approves the financial policy of the Government for the Financial Year 1st April 2020 to 31st March 2021. 议长先生。我请求国会批准政府2020年4月1日至2021年3月31日财政年度的财政政策。2. This year, we usher in a new decade – one marked by tectonic […]
Common GST Errors on Input Tax Claims 进项税报销中常见的消费税错误 Input tax claims must be supported with valid documents 进项税报销必须提供有效的证明文件 (Scenario hypothesis) Hi I’m Sarah. I run a beauty salon business Radiance Private Limited that is GST registered. Some of you may think that the documents that you need to keep to support your input tax claims […]
Bank Reconciliation 银行对账 Differences between the bank statement and the cash book 银行对账单和现金簿之间的差异 When attempting to reconcile the cash book with the bank statement, there are three differences between the cash book and bank statement: 当试图将现金簿与银行对账单核对时，现金簿与银行对账单之间有三个不同之处: unrecorded items 没有记录的项目 timing differences 时间的差异 errors 错误 *Unrecorded items 没有记录的项目 These are items which arise in the bank […]
Auto Inclusion Scheme for Employment Income 雇佣入息自动纳入计划 What is the Auto Inclusion Scheme (AIS) for employment income? 什么是“雇佣入息自动纳入计划”? The Auto Inclusion Scheme for employment income is a facility in which the employers submit income details of their employees electronically to IRAS. This information is then automatically included in the employees online return and tax assessment […]
ACRA Guidance on Register of Registrable Controllers and Register of Nominee Directors 会计与公司监管局关于实际控制者登记册和提名董事登记册的指南 On 22 May 2019, the Accounting and Corporate Regulatory Authority (“ACRA”) revised the following ACRA Guidance relating to requirements on register of controllers for companies, foreign companies and limited liability partnerships (“LLPs”) (collectively, “ACRA Guidance on Register of Controllers”). 2019年5月22日，会计与公司监管局(“ACRA”)修订了以下ACRA指南，涉及公司、外国公司和有限责任合伙企业(“LLPs”) 注册控制者的要求(统称“ACRA实际控制者登记册指南”)。 Guidance […]
Functional Areas of Business 业务职能领域 Introduction 介绍 Just as different functions in the human body are performed and regulated by different organs, different functions within a business are performed and controlled by different parts of the business. One of the reasons for separating business operations into functional areas is to allow each to operate within […]
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