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25 Mar 2024

Pros and Cons of Outsourced Accounting Services for Businesses in Singapore, Malaysia and Hong Kong

Outsourcing has become a popular strategy for businesses seeking to streamline operations and enhance efficiency. In major financial cities like Singapore, Hong Kong and Kuala Lumpur, that are thriving hubs for business and finance, outsourced accounting services have gained traction among companies aiming to optimise their financial management processes.  Secure your bottom line as we […]

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05 Mar 2024

Singapore’s FY2024 Budget Highlights

Budget 2024 was generous in extending a helping hand to individuals and businesses amidst the uncertain global economic outlook.  It also outlined the country’s ambitious plans to stay competitive, resilient, united and inclusive. Through the Enhanced Assurance Package of S$1.9 billion and the GST Voucher Fund, lower and middle-income Singaporean households will receive immediate help […]

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28 Feb 2024

Tax Residency of a Company: Control and Management

Understanding Tax Residency in Singapore Under the Singapore Income Tax Act (“ITA”), a company is regarded as a tax resident1 of Singapore if the “control and management” of its business is exercised in Singapore.  However, the ITA does not further define “control and management”. For individuals, our Singapore income tax for foreigners guide explains how tax […]

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22 Sep 2023

6 Questions on Singapore’s Overseas Networks & Expertise (ONE) Pass Answered

In August 2022, the Ministry of Manpower (MOM) Singapore announced a new work pass aimed to attract top talents to work and live in Singapore. The Overseas Networks & Expertise Pass (ONE Pass) was introduced as part of the country’s strategy to enhance its position as a global hub for talent.

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22 Sep 2023

5 Underutilised Corporate Tax for Malaysian Companies to Leverage On

In an effort to stimulate certain sectors of the economy, the Malaysian government has introduced a wide variety of tax incentives. These incentives provide local companies with many opportunities to grow, both direct and indirectly.

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Latest News
Singapore financial district illustrating business growth, financial planning, and economic trends

Why Year-End Reviews Critical for...

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Financial records highlighting the impact of poor financial planning, tax obligations, and business compliance

The Real Impact of Poor...

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Singapore Budget 2026: Revolution or...

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Singapore SME grants concept with hand holding puzzle pieces overlooking Marina Bay skyline at sunset

Government Grants Singapore SMEs Often...

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