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ACRA Declares Effective Date of Implementation for Second Phase Amendments of the Companies Act
The Accounting and Corporate Regulatory Authority (ACRA) has announced that the second phase of legislative amendments to the Companies Act will come into effect from 3 January 2016. The Companies (Amendment) Act was gazetted in October 2014 and...
Read More Dec 5, 2015Singapore’s Start-up Ecosystem: A Great Support for the New Businesses
Singapore suffers from one deficiency, the lack of natural resources. Its planners strived and converted it into a trade-based market economy. This island nation counts its human resource as one of its important resources and does everything to let...
Read More Dec 4, 2015Trends Related to Singapore Permanent Resident or Citizenship
The entrepreneurs after their Singapore business incorporation dream of acquiring the permanent resident status and then, the citizenship of this island nation. It is also the case with the professionals from various fields. Singapore: The...
Read More Nov 10, 2015Singapore: A Greener Pasture for the Indian Companies
The World Bank’s latest report shows that India has improved its ranking in Ease of Doing Business indicator by 12 positions. Thanks to reforms initiated by Prime Minister Modi, now, it is placed at 130th position. However, the same report...
Read More Nov 7, 2015E-Commerce Offers a Great Opportunity for the Local Singapore Companies to Go Global
Do you know, almost 50% of the Singapore start-ups perish before they are older than 5 years? It is an eye-opening number of failures and it happens even after the government has done a lot to support the local businesses. It is enough to scare a...
Read More Nov 7, 2015Singapore Employment Act amended to Enhance Employee’s Morale
As a part of a steady initiative to make Singapore Employment Act more transparent and effective one, the Ministry of the Manpower (MOM) has announced a new amendment to the said act under which all employers will be required to issue itemized...
Read More Nov 6, 2015