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invoiceRead more +18 May 2021 By Sheann in Accounting

How To Create Your First Invoice

Now that you’ve got your business plan, it’s time to get down to the nitty-gritty, which includes creating your invoice. Learning how to make a simple invoice will allow you to start charging your clients, which in turn means that you get paid for your work.  What is an invoice? An invoice is sent out
e-commerceRead more +14 May 2021 By Sheann in Incorporation

Starting Your Own E-commerce Business in Singapore

Even before the COVID-19 pandemic, e-commerce has been a popular way for many entrepreneurs to start their businesses. Singapore has even generated at least one-third of total online sales in the Southeast Asian region. If you are thinking of creating your own e-commerce business in Singapore, we’re here to give you a step-by-step rundown of
bookkeepingRead more +12 May 2021 By Sheann in Accounting

A Simple Guide To Bookkeeping For Beginners

Bookkeeping refers to the process of recording all financial transactions made by a business. Bookkeepers are responsible for keeping a basic record of expenditures and receipts by the company. For small companies, bookkeeping can be relatively simple. But the larger a company gets, the more complex the bookkeeping system can get. If you don’t know
tax exemptionRead more +10 May 2021 By Sheann in Taxation

Understanding Corporate Tax Exemptions in Singapore

Incorporating a company in Singapore comes with many benefits, one of the biggest being the city-state’s low corporate tax rate. Even with these low tax rates, Singapore’s legal framework includes several tax exemptions schemes for all sorts of companies incorporated in Singapore. Overview of Singapore’s corporate tax All resident companies in Singapore are taxed on
holding companyRead more +04 May 2021 By Sheann in Incorporation

How To Set Up A Holding Company In Singapore

To put it simply, a holding company is an “umbrella” company that earns revenue from the assets that it holds in the subsidiary companies under them. They are not involved in the production of goods or services. Many big corporations all over the world including Singapore have been operating under this structure. If you’re considering
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