Other Briefings
New Stricter Requirements for Singapore’s Global Investor Program
Singapore has increased the investment requirements for foreign investors to join the Global Investor Program.
Singapore Budget 2023: Impact for Employees
Singapore’s 2023 budget provides an array of support for local employees. This includes co-funding worker wages and encouraging the reskilling of employees.
Singapore Budget 2023: Impact for Businesses
Singapore Budget 2023 issues support for businesses as they transition to a post-COVID-19 world and combat elevated inflation and growth slowdown.
Singapore and the UK Deepen Cooperation on Fintech and Sustainable Finance
Singapore and the United Kingdom have agreed to deepen bilateral cooperation on fintech and sustainable finance.
A Guide to Taxation in Singapore
Singapore adopts a territorial basis of taxation and so businesses are taxed only on Singapore-sourced income.
Singapore Implements New Scheme to Help Businesses Hire Foreign Workers
Singapore’s M-SEP scheme enables companies to hire foreign S Pass and Work Permit holders above the permitted prevailing quotas.
Singapore and South Korea Sign Digital Trade Agreement
Singapore signed a digital trade agreement with South Korea in November 2022 under the Korea-Singapore Digital Partnership Agreement (KSDPA).
Singapore’s Public Holidays for 2023
Singapore’s public holidays for 2023 were released in April 2022. In total, it has 14 days for 10 public holidays (instead of the gazetted 11 public holidays). The President of Singapore can declare any day a public holiday. If a public holiday falls on a Sunday, the following day is usually declared a public holiday, […]
Singapore to Revoke E-meeting Provision for Business Entities from July 1, 2023
Singapore’s “alternative arrangements for meetings” that allow organizations to call, hold, or conduct meetings electronically will be removed as of July 1, 2023.
Singapore Goods and Sales Tax Will Increase by 1% from January 2023
Singapore will increase its goods and sales tax (GST) as planned from January 1, 2023, from seven to eight percent.
