Accounting

Minister of Finance, Lawrence Wong, announced in Parliament on March 11 earlier this year that Non-Fungible Tokens (NFTs) trading would be charged income tax. Notably, Singapore has no tax framework

Setting up an F&B business in Singapore is definitely not easy. Unlike most businesses overseas, where most start off with conversations like this: “Your fried chicken is pretty good! You

Considered to be one of the best countries in the world to start a business, Singapore has policies in place that are business-friendly. According to the Index of Economic Freedom

For businesses to succeed, it is crucial for business owners to understand the key factors that impact their bottom line. One of which is inflation. On an average day, the

Undergoing a transition to a public corporation is a significant milestone for any private business. It means being able to generate capital to fund other aspects of business operations further,

Singapore is known by many foreign nations as a critical player in the evolving economy of the Southeast Asian region. Singapore is also regarded as the second-most country in the

The Goods and Services Tax, most commonly called GST, is a consumption tax imposed on most goods and services that are produced, sold, or imported in Singapore. It is strikingly

Big data in terms of accounting management represents an opportunity for accounting firms in Singapore to expand their repertoire, thus providing new and beneficial services. Big data refers to various

Any business, regardless of size, can be subject to an audit of some kind, and it’s no surprise that the financial audit process can be frustrating for SMEs. Auditors are

A corporation typically sets up a subsidiary firm for a specific purpose. Often, most subsidiary firms are set up to either manufacture or market their parent company’s product. While a