The Limited company (Ltd.) is the most popular entity type to register in Singapore under the Singapore Companies Act. Key Feature of a limited company: A limited company’s liabilities are limited by the amount of share capital and the liabilities of the owners are limited to the share capital subscribed by them. A limited company … Continue reading The Advantages of Setting of Limited Company in Singapore
Tag Archives: singapore
Singapore’s Gender Wage Gap
Singapore ranks as one of the leading countries in the world in terms of closing the gender wage gap. However, the data released by the Ministry of Manpower revealed that the gender income gap in Singapore has not improved in any way in the last 10 years. In the World Economic Forum’s annual global gender … Continue reading Singapore’s Gender Wage Gap
Aircraft company Volocopter is bringing to Singapore its first-ever air taxi ‘vertiport’ by end 2019
Recent breakthroughs in technology and transportation will soon allow Singaporeans to experience a taste of the future. Various international companies such as Boeing, Uber, and Airbus, have been developing several prototypes for eVTOL (electric vertical take-off and landing) services with the hopes of easing traffic and pollution in densely populated cities. However, the first company … Continue reading Aircraft company Volocopter is bringing to Singapore its first-ever air taxi ‘vertiport’ by end 2019
The Forbes Billionaires: 22 Singaporeans on the List
A total of 22 Singaporeans were among those named the “richest people in the world” by business magazine Forbes on March 5th 2019. The business magazine noted that Asia Pacific is the region with the most billionaires accounting for 767 of the total lists with an estimated net worth of US$2.5 trillion. The richest person … Continue reading The Forbes Billionaires: 22 Singaporeans on the List
Key Changes in GST from 1 January 2019
There have been three key changes to the Goods and Services Tax (“GST”) in Singapore as of 1 January 2019. The three changes are in relation to: Customer Accounting; Hand Carried Exports Scheme (HCES); and GST Registration Rules Customer Accounting For the sale of prescribed goods: GST-registered customers will have to account for the GST … Continue reading Key Changes in GST from 1 January 2019
Singapore is the best place in the world for children to grow up
Studies have found that children born and raised in Singapore have a better chance of growing up healthy, educated and protected, in comparison to other countries and past generations. Singapore has been placed first in a list of 176 countries ranked according to childhood protection, found in the third annual Global Childhood report by non-profit … Continue reading Singapore is the best place in the world for children to grow up