Updates: Revised Regulations for Working Dependant’s Pass Holders (MOM)

For consistency with recent work pass moves, Minister for Manpower Mrs Josephine Teo announced in her speech at the Committee of Supply 2021 that the Ministry of Manpower (MOM) will regularise the work arrangements of Dependant’s Pass (DP) holders. More details to be announced on 1 May 2021.   For existing DP Holders:   For… Continue reading Updates: Revised Regulations for Working Dependant’s Pass Holders (MOM)

Why set up your business in Singapore?

Singapore’s business-friendly reputation has attracted the likes of many multinational companies and has drawn in foreign investments across a range of industries. As of 2019, the country has more than 4200 regional headquarters based here, the highest in Asia Pacific. Some examples include TikTok and Dyson, who have announced plans to establish their headquarters here… Continue reading Why set up your business in Singapore?

Singapore Green Plan 2030 (Budget 2021 Infographic)

Singapore’s 2021 Budget Statement was delivered in Parliament by Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat, on Tuesday, 16 February 2021. Following the announcement, we have compiled 3 summarised sets of infographics available for download. Click below to obtain a copy of our infographic for Budget 2021: Singapore Green Plan 2030

Emerging Stronger Together (Budget 2021 Infographic)

Singapore’s 2021 Budget Statement was delivered in Parliament by Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat, on Tuesday, 16 February 2021. Following the announcement, we have compiled 3 summarised sets of infographics available for download. Click below to obtain a copy of our infographic for Budget 2021: Emerging Stronger with Skilled… Continue reading Emerging Stronger Together (Budget 2021 Infographic)

Relief for Recovery (Budget 2021 Infographic)

Singapore’s 2021 Budget Statement was delivered in Parliament by Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat, on Tuesday, 16 February 2021. Following the announcement, we have compiled 3 summarised sets of infographics available for download. Click below to obtain a copy of our infographic for Budget 2021: Relief for Recovery

Budget 2021 Key Highlights

Singapore’s 2021 Budget Statement was delivered in Parliament by Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat, on Tuesday, 16 February 2021. Following the announcement, here are the key highlights affecting businesses.   Relief for Recovery   Emerging Stronger with Skilled Workers and Innovative Businesses   Singapore Green Plan 2030

Advenz Commentary: 2021 Outlook

2020 was a year unlike any other with unprecedented scales of disruption due to the Covid-19 pandemic. Before arriving at this new normal, governments, organisations and individuals were forced to swiftly adapt and establish contingency plans in response to unpredictable situations. In this coming year, it is ever important for us to reflect and understand… Continue reading Advenz Commentary: 2021 Outlook

Downloads: Important Compliance Dates (Jan to Jun 2021)

With busy schedules and all the hustling, it can sometimes be difficult to keep track of important dates. To assist companies and individuals in ensuring their statutory compliance, we have come up with a simple biannual calendar that includes Public Holidays, ACRA Compliance and IRAS Compliance dates. Here is our very first free calendar download… Continue reading Downloads: Important Compliance Dates (Jan to Jun 2021)

Updates: Revised Penalty Framework for Annual Lodgments (ACRA)

The Accounting and Corporate Regulatory Authority (ACRA) has announced a revised 2-tier penalty framework for annual lodgments. The framework will take effect from 30 April 2021 and is applicable for all Singapore-incorporated Companies, Variable Capital Companies (VCC) and Limited Liability Partnerships (LLPs). Source: ACRA