Director Duties
In Singapore, a company director holds a crucial role in the governance and decision-making processes of a business entity. Directors are appointed to guide and oversee the overall strategic direction of the company, ensuring that it operates within the legal and regulatory frameworks set by the government. One of the primary responsibilities of a company […]
Introduction to Corporate Taxes
I. Background & BasicsAll companies that do business in Singapore are required to pay corporate taxes. A company, for income tax purposes, is defined by the IRAS as: • A business entity incorporated or registered under the Companies Act 1967 or any law in force in Singapore (usually includes ‘pte ltd’ or ‘ltd’ in its […]
Choosing an Entity Type in Singapore
When choosing the type of entity that you will be conducting business with, it is important to take all factors into consideration. The following are the entity types available in Singapore: Number of Owners/Members For those who wish to be the sole owner or shareholder of their entity, you can choose between a Sole Proprietorship […]
