Directors and Shareholders – What is the Difference? What is the difference between directors and shareholders in Singapore? Singapore, just like many jurisdictions like it, has differences between these two roles, and one of the major differences is that while Shareholders own part of the company, they will not be actively involved in the daily […]
Category Archives: Blog
18
Apr
Apr
Companies in Singapore Can Employ a Strike-Off Process A strike-off process could occur in the event of disputes between shareholders. Also, it may happen when the directors of the company decide not to proceed with their business further for their own valid reasons. A company could strike-off for any unforeseen circumstances. Even if you decide […]
16
Mar
Mar
What Truly is the Importance of A Bookkeeper One important aspect of ensuring a smooth and successful business is maintaining good financial records. Good bookkeeping will give you a clear indication of how your business is doing. The best option would be to engage a professional who specialises in financial accounting and can cover all bookkeeping duties. Having a […]
15
Mar
Mar
Moving Towards a Cashless System Singapore Prime Minister, Lee Hsien Loong had during the National Day Rally in 2017 touched on the need for the country to eliminate cash as a form of transaction. He said Singapore should follow China and adopt a unified cashless system. Since then, numerous cashless payment platforms, such as NETsPay, […]
14
Mar
Mar
Automation and Its Numerous Benefits Automation can be defined as the technology by which a process or procedure is performed without human assistance. In other words, Automation or automatic control is the use of various control systems for operating equipment such as machinery, processes in factories, boilers, and heat treating ovens, switching on telephone networks, steering […]
02
Mar
Mar
Three ‘Must Have’ Advanced Technologies for Financial Functions The defining characteristic of the past decade is the widespread explosion of advanced technologies that changed the way which we lived and worked. Beyond the consumer delights of virtual reality, advanced technology has changed expectations of how crucial corporate functions such as financial reporting and auditing should […]
28
Feb
Feb
Opportunities Await Upon Opening an Online Business Now that you’ve decided the entrepreneur life is for you. Here’s the next big question on your mind, though – should you set up a traditional office? Or opt for the online business option? A brick and mortar establishment may be the traditional way to go, but there […]
28
Feb
Feb
Starting a Business in Singapore You’ve had a successful business that’s been doing well for a while. Now, the time has come for you to consider expanding your business abroad. Where would you go and what would be the best place to do it? Singapore would be a good place to setup your Company. Singapore […]
22
Jan
Jan
MOM Seeks to Make Changes With the Employment Act The Ministry of Manpower (MOM) is looking to revise the Employment Act from its last review in 2012. To do this, the MOM is seeking public feedback on various areas to ensure the act’s relevance and to enhance its coverage. The Act’s last amendment was in […]
15
Jan
Jan
China is Getting Better, Despite Economic Backlashes Though China has been a brutal place for global start-ups, IE Singapore believes it could well be a promising location for ambitious Singapore firms. The organization believes that a more strategic approach is important. Also, companies should still be optimistic despite the fact that plenty of companies have […]