Payroll Outsourcing in Singapore: Allowing Companies to Focus on Regional Expansion in ASEAN
Payroll outsourcing effectively reduces a firm’s overall liabilities and costs, and ensures that more time and resources get spent on critical business functions. In this article, we discuss the various benefits of outsourcing ASEAN payroll to a reliable third-party payroll processing provider in Singapore.
Singapore’s Inward Re-Domiciliation Regime: What You Need to Know
One of the key amendments to the Singapore Companies Act, the inward re-domiciliation regime allows foreign companies to relocate their business headquarters to Singapore instead of setting up subsidiaries, without losing their corporate history or brand identity. Read more in our latest article.
Singapore’s Free Trade Agreement with Turkey Comes into Force
The much-awaited Turkey-Singapore Free Trade Agreement (TRSFTA) went into effect on October 1, this year. The agreement paves the way for freer movement of goods and services, and further investment opportunities between the two countries. Read more.
Singapore as a Payroll Processing Center for Companies in ASEAN
Companies centralizing their payroll in Singapore benefit from the country’s double advantage of housing many regional headquarters as well as the country’s strong connectivity to other ASEAN states. Read more.
Singapore Set to Sign Free Trade Agreement with the Eurasian Economic Union by Year-End
Singapore is set to sign a Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU), a free trade bloc that includes Armenia, Belarus, Kazakhstan, Krygyzstan, and Russia. Read more in our latest article.
Singapore’s Start-up Ecosystem – Part III: The Role of Venture Capital Funds
Singapore has created a vibrant start-up ecosystem over the past five years. In this third and concluding article of a three-part series, we look at the role of venture capital funds in nurturing entrepreneurship and innovation in Singapore.
Singapore’s Start-up Ecosystem – Part II: Opportunities for Overseas Entrepreneurs
Singapore has created a vibrant start-up ecosystem over the past five years. In this article, the second in a three-part series, we look at the opportunities that Singapore offers young overseas entrepreneurs.
Singapore’s Start-up Ecosystem – Part I: The City-State as a Favored Destination for Overseas Entrepreneurs
Singapore has created a vibrant start-up ecosystem over the past five years that has lured some of the most prominent global entrepreneurs to the country. In this article, the first of a three-part series, we look at the factors that have made the city-state a preferred base for international entrepreneurs.
Salary, Individual Income Tax, and Social Security in Singapore
It is important for companies operating and hiring employees in Singapore to understand the key elements of the country’s payroll process and stay updated on the latest regulatory changes when computing salary and social security contributions. Read more in our latest article.
ASEAN Market Watch: Thailand GDP Growth, Malaysia Manufacturing Sector, and Singapore Retail Sales
In this week’s ASEAN Market Watch, we discuss Thailand’s GDP growth rate during January-March, analyze the continued growth registered by Malaysia’s manufacturing industry and highlight the recent recovery of Singapore’s retail sector.