ASEAN Briefing News

Navigating Intellectual Property Rights in Singapore: An Overview

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We discuss the types of intellectual property that are afforded protection in Singapore and the associated procedural formalities.

A Guide to Personal Income Tax in Singapore

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Personal income tax in Singapore is based on a progressive tax system, with taxes ranging from 0 to 22.5 percent for 2023.

Understanding Social Insurance in Singapore

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We discuss the Central Provident Fund (CPF) and the Retirement Sum Topping-Up (RSTU) scheme – key components of Singapore’s social insurance.

How to Open a Corporate Bank Account in Singapore?

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We discuss the requirements to open a corporate bank account in Singapore, including the necessary documents, and procedures, and note the country’s prominent banking institutions.

Comparing Singapore Business Entities: Choosing the Right Structure for Your Venture

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Foreign companies can set up a variety of business structures in Singapore for their investments.

Singapore Allows Companies and Trusts to Adopt Virtual Annual Meetings

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Singapore is now allowing companies and business trusts to adopt virtual annual general meetings (AGMs). We provide the details.

Adapting to Singapore’s Escalating Rental Prices: Strategic Implications for Foreign Businesses

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Despite soaring rental costs, Singapore continues to maintain its status as a favored destination for international corporations.

How GST Liability is Assessed on Low Value Goods Transactions in Singapore

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Goods and services tax is levied on low-value goods that are imported to Singapore. Businesses should identify whether their customers are GST-registered.

Indonesia and Singapore Sign Six MoUs to Enhance Bilateral Ties

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Indonesia and Singapore signed six memoranda of understanding (MoUs) in late March 2023 to enhance bilateral ties.

Singapore and EU Sign Digital Trade Agreement

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Singapore and the EU signed a digital trade agreement in February, making it the fifth of its kind signed by the city-state.

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