Sharon ChooJun 5, 20231 min readUnderstanding Business Entity: Sole Proprietorship (SP)Definition: Sole Proprietorship (SP) is a business owned by a single individual. Ownership: Owned by one person, either an individual or...
Sharon ChooJun 4, 20237 min readSteps to incorporate your company in SingaporeWhat does it take to incorporate a Company in Singapore? Looking to register a company in Singapore? This comprehensive guide provides...
Sharon ChooJun 3, 20232 min read16 benefits to incorporate your Company in SingaporeIncorporating your company in Singapore offers a multitude of advantages. Let's explore the key reasons why Singapore is an attractive...
Sharon ChooMay 30, 20232 min readCompulsory and Voluntary GST registrationIs GST registration mandatory for your business? GST registration is contingent upon your taxable turnover, which refers to the total...
Sharon ChooMay 30, 20234 min readConditions to claim GST and Types of Disallowed Input Tax ClaimWhat are the conditions to claim GST? To claim GST (Goods and Services Tax) in Singapore, certain conditions must be met. These...
Sharon ChooMay 30, 20233 min readWhen the GST is Chargeable and Types of Taxable SupplyGST (Goods and Services Tax) is a consumption tax levied on the purchase of goods and services in Singapore. It is applicable when...
Sharon ChooMay 2, 20233 min readTax Deductible and Non Tax Deductible Business ExpensesWhether you are a business owner, accountant, financial advisor or tax planner, identifying tax and non tax deductible item in your...
Sharon ChooMay 15, 20214 min readThe Benefits of Outsourcing 1. Focus on core tasks Outsourcing frees you from day to day back-office operations and allow you to focus your resources on your core...