In the ever-evolving landscape of corporate taxation, IRAS is introducing a new Section 10L. This development, set to reshape how entities approach gains from movable or […]

The Registrar of Companies announced that starting from 27 December 2023, the Company Number / CR Number / Company Registration Number will be replaced by the […]

Increase in CPF Ordinary Wage ceiling for 1 January 2024 (a) The CPF Ordinary Wage (OW) ceiling limits the amount of OW that attract CPF contributions […]

The Monetary Authority of Singapore (“MAS”) on 28 July 2023 announced that all corporate cheques will be eliminated by end-2025 while individuals will still be able […]

In accordance with Section 17 of the Presidential Elections Act, Polling Day which falls on Friday, 1 September 2023, will be a public holiday.

As part of the Ministry of Finance (MOF) and ACRA’s regular review of the Companies Act 1967 (CA), the Companies, Business Trusts and Other Bodies (Miscellaneous […]

From 1 July 2023, the Ministry of Manpower (MOM) will enhance the minimum medical insurance (MI) required for all new and existing Work Permit (including migrant domestic workers) […]

With effect from 1 April 2023, the Accounting and Corporate Regulatory Authority (ACRA), the Singapore Accountancy Commission (SAC) and the Accounting Standards Council (ASC) will merge […]

Highlights Issue HKD5,000 electronic consumption vouchers to each eligible Hong Kong permanent resident and new arrival aged 18 or above Reduce profits tax, salaries tax and […]

Philanthropy Tax Incentive Scheme for Family Offices A tax incentive scheme will be introduced for qualifying donors with Family Offices operating in Singapore. To qualify, donors […]