With a strategic location, excellent infrastructure, reputation for integrity, international accountancy and audit standards, availability of high quality accountancy professionals, and a well established accountancy network, Singapore is poised to transform itself into a leading accountancy hub for the region.
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is reviewing the regulatory regime of its hedge fund industry in line with global industry and regulatory measures.
The Malaysian government’s stance on foreign workers has ruffled the business community who are now worried about the competitiveness of doing business in Malaysia.
In a bid to encourage Singapore companies to voluntarily comply with regulatory requirements, ACRA has introduced three non-penal measures to tackle the issues of timely preparation of annual financial statements, holding of Annual General Meetings (AGMs) and filing of annual returns.
One of the most frequent questions we encounter from our prospective clients is whether the Singapore Employment Pass is transferable from one employer to another. For the benefit of our clients and our other site visitors who may have the same question in mind, here is our clarification.
US citizens are subject to US taxation on worldwide income. However, citizens may elect to take a credit against their US income tax liability for taxes paid to a foreign country.
Australia’s population is fast expanding due to unprecedented immigration levels and has stirred up a national debate. Australia is not the only nation in the midst of an immigration debate. Singapore too faces a similar situation.