Strike Off Procedure for a Company in Singapore If you’re ready to close your local company, striking it off via ACRA is often a straightforward and cost-free way to do so. This guide breaks down the process clearly. Here’s how…
How to Pay Corporate Income Tax via GIRO in Singapore When it comes to settling corporate income tax in Singapore, using GIRO offers both convenience and flexibility. Whether you plan to pay in monthly instalments or as a lump sum,…
GST InvoiceNow Requirement: What Businesses in Singapore Need to Know Overview IRAS and IMDA have introduced the GST InvoiceNow Requirement, marking a major shift from paper-based invoicing to structured digital reporting through the InvoiceNow network. This move helps businesses stay…
Singapore Labour Market Quick Take: Q2 2025 Review & Outlook The labour market in Singapore continued its upward trajectory in the second quarter of 2025, demonstrating resilience amid global uncertainties. Key Highlights: Q2 2025 Snapshot Economic Growth Boosts MomentumSingapore’s economy…
A Guide to IRAS’s Cash Accounting Scheme for Small Businesses Navigating GST obligations can be a challenge—especially when invoices go out but payments trickle in. That’s where IRAS’s Cash Accounting Scheme (CAS) shines: designed specifically to ease the burden on…
How Auditors Handle Cryptocurrency Holdings Cryptocurrency is no longer just a speculative investment — companies are now holding digital assets like Bitcoin and Ethereum on their balance sheets. But with this comes a key question: how do auditors verify and…
How to Record Cryptocurrency Transactions in Your Company Accounts Cryptocurrency is becoming a more common part of business activity in Singapore — whether through accepting Bitcoin or Ethereum as payment, holding digital tokens as investment, or earning income from crypto-related…
New CRS Requirements: Paid-Up Capital and Project Track Record – Are You Ready? From 1 June 2025, the Building and Construction Authority (BCA) will implement enhanced requirements under the Contractors Registration System (CRS). This marks a significant shift for contractors,…
How Does IRAS Tax Cryptocurrency in Singapore? A Complete Guide for 2025 Cryptocurrency is no longer just a niche investment. In Singapore, individuals and businesses are increasingly trading, holding, and even accepting digital assets as payment. But with this growth…
Tax Hacks: How Singapore SMEs Can Save Thousands Legally Running a business in Singapore isn’t cheap — rent, manpower, compliance, and competition all add up. But many small and medium-sized enterprises (SMEs) pay more tax than they should simply because…
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