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…
Dear Reader, Welcome to our E-Newsletter January 2017 Happy new year to you all. I hope that 2017 will be a fabulous year full of great achievements and experiences for all of you. Now that we’re into the new year, it’s good to a quick look back before we plan ahead. 2016 was an eventful year…
Giving Our Landfills A Break And Help Save The Environment Our little blue planet Earth is what we call home, and we should take care of it as much as possible. Mother Nature provides for all, and with that, we should consider its resources and make it better. Examples are like making plastics from natural…
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 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…
Wage Credit Scheme Payouts for 2017 Employers are reminded to make CPF contributions for employees by 16 Jan 2017 to receive Wage Credit Scheme payouts Employers of eligible Singaporean employees are reminded to make the full CPF contributions for these employees by 16 January 2017 in order to receive the fourth tranche of Wage Credit…
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…
New Business, Tech Savvy Leading One-Stop Solution Corporate Service Provider That Promotes Work Life Balance We are excited to be recognised in New Business as a Tech Savvy Leading One-Stop Solution Corporate Service Provider That Promotes Work Life Balance in Singapore on 25 November 2016. New Business’s write-up for 3E Accounting – Tech Savvy Leading One-Stop…
Corporate Vision, A Leading One-Stop Services Provider We are delighted to be featured in Corporate Vision (CV Magazine) as A Leading One-Stop Services Provider in Singapore on 24 November 2016. Corporate Vision’s write-up for 3E Accounting – A Leading One-Stop Services Provider. To become the World’s leading corporate services provider, offering services beyond excellence…
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…
Filing Annual Returns with ACRA All Singapore company incorporated are required to hold their Annual General Meeting (AGM) and file Annual Returns under S175, S197 and S201 of the Companies Act. Directors shall present the true and fair view of the company’s account to their shareholders at the AGM. For the Annual General Meeting (AGM),…
Central Provident Fund (CPF), the Comprehensive Social Security Savings Scheme Assurance in old ages includes three key considerations that are healthcare, retirement and housing. The Central Provident Fund or also known as CPF, is the key pillar of the Singapore’s comprehensive social system that enables working Singapore Citizens and Permanent Residents to set aside funds…
