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Top 5 highlights of the Singapore Budget 2020 you can not ignore

Ace Global
December 29, 2021

Since Singapore is dealing with the economic fallout from the ongoing Covid-19 outbreak, Singapore Finance Minister – Mr. Heng Swee Keat while presenting the Budget 2020 in the country’s Parliament on February 18, proposed a series of measures worth $5.6 billion.

Guide to Avoidance of Double Taxation Agreements (DTAs) in Singapore

Ace Global
December 29, 2021

Avoidance of Double Tax Agreements (or DTAs) is an agreement designed to eliminate this unfair penalty and encourage cross-border trade, signed between Singapore and a DTA country.

5 Outstanding reasons to relocate to Singapore as an expatriate in 2020

Ace Global
December 29, 2021

Singapore is the financial hub of Asia, located in both East and West.

Why should open an offshore bank account in Singapore?

Ace Global
December 29, 2021

Singapore, one of Asia’s financial centers, is a favorite destination not only for tourists but also for business.

What are benefits of offshore companies?

Ace Global
December 29, 2021

An offshore company, known as an international business company (IBC) may consider to be a company registered outside a country that an owner is residing.

A tax-residency status for expatriates in Singapore

Ace Global
December 29, 2021

It does not matter if a foreigner resides in Singapore to study or work, the first step is always to apply for a visa at the Singapore Ministry of Manpower (MOM).

Five simple steps to incorporate a company in Singapore

Ace Global
December 29, 2021

Foreign entrepreneurs who have the ambition to enlarge the market or start a business in Asia, particularly in South East Asia, usually choose to register a company in Singapore.

Taxable and Non-Taxable Dividends in Singapore

Ace Global
December 29, 2021

Profits made from a company in Singapore is distributed to its shareholders, which is called dividend.

Responsibilities of a GST-Registered Business in Singapore

Ace Global
December 29, 2021

In Singapore, GST registration is compulsory if your company’s taxable turnover exceeds S$1 million for the past 12 months or expects to exceed S$1 million in the next 12 months.