Our collection of resources based on what we have learned on the ground

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Q&A

What is ASEAN?

What is ASEAN?

ASEAN is an acronym for the Association of Southeast Asian Nations. The Association is founded in 1967 and is comprised of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. In recent years, the regi...

Q&A

What is Regional Comprehensive Economic Partnership?

What is Regional Comprehensive Economic Partnership?

Regional Comprehensive Economic Partnership (RCEP) scheme includes ASEAN bloc, China, India, Japan, South Korea, Australia and New Zealand. The aim of this partnership is, when being implemented, to lower customs duties and trade barriers between the...

Q&A

Why is Singapore a good base for Asia expansion?

Why is Singapore a good base for Asia expansion?

There are mainly three reasons: Singaporean companies enjoy a low tax rate of 17 percent. There will be no tax payable on dividends earned externally from its borders. It is also possible to operate a Singaporean company as a “shelf” ...

Q&A

What are the requirements for foreign persons to set up companies in Singapore?

What are the requirements for foreign persons to set up companies in Singapore?

Since Singapore does not allow foreign persons to register directly for a company, a professional service firm must be engaged to register on behalf of companies with non-Singapore National Registration Identity Card holders, non-Employment Pass hold...

Q&A

Is share capital required under Singaporean law?

Is share capital required under Singaporean law?

The minimum paid-up capital (equivalent to share capital) is S$1 and the amount of this capital can be increased anytime after the incorporation of the company.

Q&A

What is a registered address for setting Singaporean company?

What is a registered address for setting Singaporean company?

A physical address in Singapore (be that residential or commercial) must be provided as the registered address of the company. All premises must be approved for business use by the Urban Redevelopment Authority. However, a P.O. box cannot be used as ...

Q&A

How long does it take to register a company in Singapore?

How long does it take to register a company in Singapore?

Given that company registration can also be done through the online platform with Accounting and Corporate Regulatory Authority, it normallyt takes 1 to 2 days. If the application for registration shall be subject to reviews and approvals by other de...

Q&A

What should be disclosed during an annual general meeting in Singapore?

What should be disclosed during an annual general meeting in Singapore?

Directors of the company must disclose a true and fair view of the profit and loss accounts of the company to the shareholders. These accounts presented should be made up to a date not more than 6 months before the annual general meeting. For private...

Q&A

How will the new regulatory changes impact to Singaporean company law?

How will the new regulatory changes impact to Singaporean company law?

The recent regulatory changes are aiming to reducing regulatory burdens, compliance costs, providing greater flexibility to companies, improving corporate governance and bringing benefits to various stakeholder groups. These regulatory amendments are...

infographic

ASEAN's Total Merchandise Exports

ASEAN's Total Merchandise Exports

The table demonstrates the percentage of ASEAN's total mechandise exports by destination.

Q&A

How is salary defined in Indian tax law?

How is salary defined in Indian tax law?

Salary is defined by Income Tax Act to include: Wages Pensions and annuities Gratuities Advance of salary Any fee, commission, perquisites, or profits in lieu of or in addition to salary or wages Any encashment of leave salary Any amount of ...

podcast

Introduction to Doing Business in Singapore presented by Dezan Shira Alumni Nath...

Introduction to Doing Business in Singapore presented by Dezan Shira Alumni Nath...

Dezan Shira & Associates' Business Manager for the Singapore office, Nathanael Susanto discusses questions relevant to foreign investors setting up businesses in Singapore.

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