Why Set Up Business in Ireland

Why Set Up your Business in Ireland?

Why Set Up your Business in Ireland? Republic of Ireland is a member of the European Union and the Eurozone. Ireland is ranked first in Europe and second in the world as most attractive country for Foreign Direct Investment (FDI). It is the only English-speaking country in the Eurozone with a highly skilled youngest work…

Why Setup Your Business in Malaysia

Why start your business in Malaysia?

Why start your business in Malaysia? Divided from its globalized island neighbour, Singapore, by a mere half-mile causeway, Malaysia has maintained a stable economic growth momentum for years. Spurred by high technology, a young and educated workforce, capital-intensive industries, Malaysia is a country that has a good business environment and investment climate. Different assets of…

Enhance the Progressive Wage Model

Government Accepts Recommendations to Enhance the Progressive Wage Model for Cleaning Sector

Government Accepts Recommendations to Enhance the Progressive Wage Model for Cleaning Sector The Government has considered and accepted the recommendations contained in the report of the Tripartite Cluster for Cleaners (TCC) dated December 2016 on the enhancements to the Progressive Wage Model (PWM) for the cleaning sector, which was released today. The PWM enhancements will…

Financial Reporting Practice Guidance

Financial Reporting Practice Guidance No. 1 of 2016 – Areas of Review Focus for FY2016 Financial Statements

Financial Reporting Practice Guidance No. 1 of 2016 – Areas of Review Focus for FY2016 Financial Statements ACRA issues Financial Reporting Practice Guidance No. 1 of 2016 on 8 December 2016. In 2016, weak market sentiments and continued slow-growth in the global environment have affected many Singapore companies. This Practice Guidance highlights seven financial reporting…

Update shareholder information with ACRA

Companies that have yet to update shareholder information with ACRA will not be able to file Annual Returns (effective 3 Jan 2017)

Companies that have yet to update shareholder information with ACRA will not be able to file Annual Returns (effective 3 Jan 2017) ACRA had previously informed the Companies that following legislative changes in the Companies (Amendment) Act 2014, private companies are required to update shareholder information to facilitate ACRA’s maintenance of electronic Registers of Members…

Setting Up an Offshore Company in Singapore

Setting Up an Offshore Company in Singapore

Setting Up an Offshore Company in Singapore An offshore company is a company that incorporated in a jurisdiction other than the jurisdiction that constitutes its main place of operations or where the company’s principal investors reside. In other words, offshore simply means a jurisdiction other than your own. Some of the advantages when incorporating an…