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How a businesswoman faced charges for evading $370,000 in Income Tax

News

How a businesswoman faced charges for evading $370,000 in Income Tax

October 31, 2025

When the Inland Revenue Authority of Singapore (IRAS) investigates false claims, even small discrepancies can lead to serious legal action. That’s exactly what happened to Chong Jia Ling, Genevieve, a 27-year-old businesswoman who sold and distributed products between 2020 and 2021. When the numbers didn’t add up For years, many commission-based agents, especially in […]

How to Invoice Customers in Singapore the Right Way (and Stay GST-Compliant)

October 07, 2025

If you’ve ever had a GST claim rejected because of a small invoicing mistake, you know how painful it can be. Maybe you forgot to include your customer’s GST registration number. Maybe you didn’t issue the invoice within the 30-day limit. Or perhaps, your foreign currency invoice didn’t show the correct conversion to […]

How are 2 firms using Singapore as a base to grow in Singapore?

September 16, 2025

Singapore has emerged as one of Asia’s most strategic hubs for companies that want to scale regionally. From global entertainment giants to next-gen manufacturing startups, businesses are leveraging the city-state’s connectivity, talent pool, and strong ecosystem to expand across Asia. In this guide, you’ll see how two very different firms — TOHO Co., the Japanese […]

Business Valuation and Regional Growth: What Professionals Need to Know

September 03, 2025

The business valuation landscape is evolving fast. Globalization, new regulations, and shifting investor expectations mean that traditional approaches are no longer enough. You need stronger regional networks, consistent international standards, and professional recognition to stand out. And that’s where IVAS is stepping in. At the IVAS–IVSC Business Valuation Conference 2025, the Institute of Valuers and […]

GST Missing Trader Fraud scheme worth $181 million.

August 20, 2025

Two men — one 40, the other 73 — were about to be charged in court for their suspected role in a GST Missing Trader Fraud scheme worth $181 million. Think about that number for a second, SGD 181 million. The alleged fraud wasn’t about sophisticated offshore structures or hidden assets. Instead, it came down […]

CCCS penalizes remittance giants $ 5.36 million for illegal information exchange

August 05, 2025

The Competition and Consumer Commission of Singapore (CCCS) just dropped the hammer on two Chinese Yuan remittance companies. The damage is enormous, with $5.36 million in penalties. But here’s the thing: This wasn’t about price fixing or market manipulation in the traditional sense. It was about something far more subtle (and dangerous). Let our experts […]

What you need to know about GST to comply in Singapore?

July 22, 2025

Ignoring GST rules? That’s how businesses in Singapore get into serious trouble. One year, you file your GST returns manually. Next, you outsource to someone who barely understands the IRAS rules. Then, you skip a return deadline—and suddenly, you’re facing audits, penalties, or worse. But with the right GST compliance strategy, you can protect your […]

11 Singapore trademark questions (Answer from IPOS experts + Bonus)

July 08, 2025

We wrote this guide with one goal: to help you protect your brand in Singapore — the right way. This isn’t just another trademark FAQ. Yes, we cover the most common trademark questions for businesses and brand owners. But we’ve also used trusted insights from IPOS ( the official authority on trademarks in Singapore ) […]

Top 4 real scam cases in Singapore (Prevention tips included)

June 24, 2025

Scams are prevalent, ranging from fake job offers to phishing emails masquerading as government agencies. But the reality is: Not all scam alerts are easy to spot, and many victims only realise it after losing money. Some are buried in news reports. Others are lost in long government briefings. That’s why our ACE team handpicked […]