Representative Office in Singapore
This article highlights the main options of using Singapore overseas companies in international trade, tax planning and asset management.
It should be noted that listing the whole range of aspects related to Singapore offshores can take much more than this single article. So we recommend studying other materials dedicated to Singapore companies that are widely available on this website. You may also regularly attend our weekly free webinars on company law, international taxes, trusts, and other related topics. Should you have any other questions, feel free to contact us via e-mail or personally.
Thousands of people have become Singapore permanent residents every year but not all go through the same application process. Permanent Residence (PR) application can be applied for the whole family i.e. the applicant himself plus the spouse and unmarried children under 21.
The lure of gaining Singapore permanent residence through a variety of schemes has convinced thousands of foreigners of diverse backgrounds to set up home in the island-state, one of Asia’s most stable and developed countries and a key financial hub.
The Work Permit is an official name of the working pass given to unskilled foreign manpower that seeks for employment in various niches of Singaporean economy (construction, babysitting, services, housekeeping, marine and so on).
Only employees from approved sources are eligible for this working permit provided that they meet certain criteria while their employers are ready to pay a levy and the security bond, meet the quota criterion, and provide the worker with a healthcare insurance.
This guide provides an overview of the general statutory compliance requirements that apply to Singapore private limited companies.
For details on how to incorporate a Singapore company, see Singapore Company Registration guide. Please note that there has been an amendment to the Companies Act which are not reflected on this page yet. To view the updated information, please visit this page: Overview of the Key Amendments to Companies Act - Phase One.
This guide highlights the annual filing requirements for Singapore private limited companies and apply to both active and inactive companies.
For an overview of the overall compliance requirements, see Compliance Requirements for Singapore Companies. Please note that there has been an amendment to the Companies Act which are not reflected on this page yet. To view the updated information, please visit this page: Overview of the Key Amendments to Companies Act.
Entrepreneurs who are starting a new business in Singapore and plan to lease an office space, often are not familiar with the process of drawing up a leasing agreement and all the protocol and paperwork associated with it.
The purpose of this guide is to help you become knowledgeable about the office lease process and tenancy agreement in Singapore so you can handle this task with more ease.
Quality financial information is crucial for strong and vibrant markets.
More than ever, investors, suppliers, financial institutions, customers, company directors, corporate executives and many more are asking for reliable and timely financial statements in order to obtain a more accurate picture of the business, whether in terms of generating value or understanding the risks involved.
The Employment Pass (EP) is the main type of work permit meant for company owners or skilled employees who will be working in Singapore.
Your fixed monthly salary must be more than S$3,600 . There is no official quota system limiting the number of EPs that can be issued. Validity: An EP is initially issued for 1-2 years (at the discretion of authorities) and renewable as long as the applicant continues to be employed by the company.
The second phase encompassing the rest of the legislative amendments is expected to come into effect in the first quarter of 2016.
The amendments seek to reduce the compliance burden for companies, to enhance business flexibility and ease the ways of raising capital and to improve the corporate governance landscape in the country. This article explores the key amendments that came into effect in the first phase.