Introduction Singapore has positioned itself as a leading hub for innovation in financial services. With the Monetary Authority of Singapore (MAS) pushing forward initiatives like Project Guardian, tokenisation and digital assets are moving from concept to reality. As more businesses…
Introduction Singapore continues to position itself as a global financial hub, and innovation has become a key driver of its growth. The Monetary Authority of Singapore (MAS) has launched Project Guardian, an ambitious initiative that explores the use of tokenisation…
Introduction: Embracing Cryptocurrency Payments At USAFE, we continuously adapt to the changing financial landscape. To provide clients with more flexibility and efficiency, we are excited to announce that we now accept cryptocurrency payments in Singapore. This move reflects our commitment…
Project Guardian Singapore: Building a Tokenised, Open & Interoperable Financial Ecosystem Introduction Project Guardian Singapore, launched by the Monetary Authority of Singapore (MAS), is a bold step into the future of financial markets. It brings regulators, banks, and industry players…
Getting Productivity Solutions Grant (PSG) Introduction SMEs in Singapore often juggle many tasks: daily operations, manual work, customer demands, reporting, etc. The Productivity Solutions Grant (PSG) helps lighten that load. It supports local small and medium businesses in adopting IT…
Amendment to FRS 119: Reduced Disclosures Extended to More Entities Introduction ACRA is making financial reporting simpler for many small companies. With the recently amended FRS 119 – Subsidiaries and Small Entities without Public Accountability: Disclosures, eligible entities will now…
MAS’ Green Investments Partnership Secures US$510 Million at First Close Introduction The Monetary Authority of Singapore (MAS) just marked a major milestone in green finance. Its Green Investments Partnership (GIP), under the FAST-P initiative, has reached its first close with…
IRAS Revenue Collection: Supporting Singapore’s Growth with Responsible Taxation Introduction The Inland Revenue Authority of Singapore (IRAS) plays a central role in sustaining Singapore’s economic and social development. In the latest fiscal year, IRAS collected large‐scale tax revenue that enabled…
Introduction Taxes in Singapore are not just about numbers — they’re about compliance, strategy, and reputation. Too many business owners learn the hard way when penalties, audits, or missed tax incentives hit their bottom line. Don’t regret it later —…
Introduction Businesses in Singapore face complex tax rules, and uncertainty can affect major decisions. The Advance Ruling System for Income Tax gives taxpayers a clear, written interpretation of how the Income Tax Act 1947 applies to their proposed arrangements. By…
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