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Advance ruling system for Singapore income tax made simple

June 08, 2025

Confused about how advance rulings work in Singapore tax law? You’re not alone. But understanding—and using—the advance ruling system can give you a huge advantage. ACE has helped multiple businesses get certainty on their tax treatment before filing. One clear decision? A client avoided a six-figure tax risk thanks to a well-structured ruling request. […]

6 stats that prove why Singapore is the best place for starups

6 stats that prove Singapore is the best place to launch your startups

May 20, 2025

What’s the difference between a struggling startup scene and a thriving innovation hub? A strong ecosystem. In 2025, Singapore climbed to 4th place globally in the StartupBlink Global Startup Ecosystem Index, just five years after ranking 16th. This isn’t a fluke. Backed by government support, deep tech funding, global talent, and powerful platforms like SLINGSHOT, […]

The global founder progreamme in Singapore

The Global Founder Programme: Build your next global venture today

April 24, 2025

Most “global expansion” programs sound good on paper. But once you dig in, they’re either overly complex, support light, or built for startups that look nothing like yours. You don’t need hand-holding if you’re a seasoned entrepreneur with real traction. You need a serious launchpad. A place that gets startups, understands scale, and connects you […]

Bizfile iShop now offers new information products

April 15, 2025

If you’re managing business transactions or setting up a new company in Singapore, here’s some great news: ACRA has made important documents available for purchase through the Bizfile iShop! Now, you can easily access essential business records like the Register of Members (ROM) and Business Entity Extracts for recent transactions, such as entity registrations, annual […]

Accelerated Pathway to CA (Singapore) for ACCA Members

April 04, 2025

ACRA is introducing an accelerated pathway for ACCA members to earn the CA (Singapore) designation, streamlining the process and maximizing professional recognition ACRA and ISCA have launched an enhanced three-year pathway, expiring on 25 March 2028, enabling ACCA members to attain the CA (Singapore) designation. ACCA members with at least 10 years of membership and […]

Tax Season Simplified: 1.9 Million to Skip Filing in 2025

March 21, 2025

The Direct Notice of Assessment (D-NOA) initiative will streamline tax processes for 500,000 taxpayers on the No-Filing Service (NFS). Furthermore, all tax residents will automatically receive a 60% Individual Income Tax rebate, capped at $200. Finally, adjustments have been implemented for dependant-related tax reliefs. For Year of Assessment (YA) 2025, over 1.9 million individual taxpayers […]

Mother and Son Convicted of False IRAS Statements in Stamp Duty Audit

March 07, 2025

Mdm Ng Chiew Yen, 56, and her son, Tan Kai Wen, Keith, 26, were sentenced for providing false information to the Inland Revenue Authority of Singapore (IRAS) during an audit of a ’99-to-1′ property purchase scheme. This marks the first conviction for taxpayers providing false information to IRAS during an audit of ’99-to-1′ property transactions. […]

Pre-filled Tax Returns for 2 Million+ Employees; 120,000 AIS Employers Must File Income Data by 1st March

February 21, 2025

In 2024, 11,000 employers failed to meet the deadline for submitting their Annual Information Statements (AIS), resulting in inaccurate or delayed tax assessments for 140,000 employees. For the Year of Assessment 2025, over two million employees (9 in 10) whose employers participate in the Auto-Inclusion Scheme (AIS) will benefit from pre-filled tax returns, the […]

Precedent Partner Obligations

February 07, 2025

The precedent partner, designated first in the partnership agreement, is responsible for filing Form P. If no agreement exists, the partners must mutually appoint a precedent partner for this purpose. Identifying the precedent partner The precedent partner is the first-named partner in the partnership agreement. If no agreement exists, the partners must mutually appoint one […]