All About The Know-Your-Customer (KYC) Process

customer
Know-Your-Customer (KYC) All financial institutions in Singapore have the responsibility to detect, deter and prevent any illicit activities in Singapore such as money laundering and terrorism funding. Hence, corporate service providers like Margin Wheeler are required to monitor and report activities that could be harmful to Singapore’s financial system through KYC, which is part of
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Paying Skills Development Levy in Singapore

skills development
Skills Development Levy (SDL) Most of us know that our employees are obligated to contribute to their employees’ CPF accounts. However, most of us don’t know that CPF is only one of the employers’ many statutory obligations to adhere to. The SDL is one of them.  If you are completely unsure about what SDL is,
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Streamlining Your Payroll Process

Payroll process Other than allowing your business to run smoothly, did you know that a streamlined payroll process can help you improve your cash flow? Labour costs take up about 70% of your total costs, which is why it having a smooth payroll will help in the long run. If you are unaware of what
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Starting Your Own E-commerce Business in Singapore

e-commerce
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
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