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  • ACE Success.

    Responsibilities as an Employer in Singapore

    acesuccess May 21, 2019

    Responsibilities as an Employer in Singapore Being an employer in Singapore comes with a number of responsibilities concerning its employees to ensure decent working conditions and its tax filing obligation. Employment Act Under the Employment Act, employers have a series of fundamental obligations to fulfill towards their employees. They must: Pay their salary on time […]

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  • ACE Success.

    Tax exemptions for startup companies in Singapore

    acesuccess May 14, 2019

    Tax exemptions for startup companies in Singapore To maintain a business-friendly environment in its state and remain competitive in the South-East Asian market,  Singapore’s Government has implemented several tax exemption schemes. Tax authority in Singapore, the Inland Revenue Authority of Singapore (IRAS), have put in place dedicated tax reliefs for startup companies to promote entrepreneurship […]

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  • ACE Success.

    Singapore’s Government Agencies to know

    acesuccess May 07, 2019

    Singapore’s Government Agencies to know If you are looking to incorporate a company in Singapore, you will need to become familiar with a few governmental organisations with which you are sure to cross path.  ACRA: the Accounting and Corporate Regulatory Authority ACRA is the government agency with which every company has to register and so […]

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  • ACE Success.

    Why your company should outsource its Tax Compliance work?

    acesuccess Apr 29, 2019

    Why your company should outsource its Tax Compliance work? In Singapore, companies have to fill several forms and documentation on an annual basis to submit its tax. These tasks are often time-consuming and are quite technical. This is why hiring a corporate services provider to handle all the compliance work can help you stay focused […]

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  • ACE Success.

    The Payroll System in Singapore

    acesuccess Apr 25, 2019

    The Payroll System in Singapore Singapore established itself as a leading financial hub in South East Asia. The core resources in Singapore are in fact human resources. Government have spent top dollars to improve the knowledge and education system to enhance the capability of its people. Human resources aka HR are part of the managing […]

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  • ACE Success.

    Singapore Budget 2019

    acesuccess Mar 05, 2019

      On 18 Feb 2019, our Minister for Finance – Mr Heng Swee Keat delivered the 2019 Budget Statement. One of the strategic plans is to transform and build a vibrant economy and continue to build Singapore as a global city.  In this Budget summary, we will be focusing on the plans that are relevant […]

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  • ACE Success.

    GST on Customer Accounting for Prescribed Goods

    acesuccess Jan 14, 2019

    GST: Customer Accounting for Prescribed Goods The Goods and Service Tax (GST) is a value-added tax placed on goods and services. The GST is borne by the consumer, it is however remitted to the government by the seller/ business selling the goods and services. This tax is usually added to the price of the product […]

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  • ACE Success.

    CorpPass Registration

    acesuccess Sep 21, 2018

        CorpPass Registration  Starting from 1st September 2018 onwards, companies and business are no longer allow to use the SingPass to access government portal for online transaction. The main reason for CorpPass to  replace the use of SingPass is to separate personal and corporate login method. And right now CorpPass is the only login […]

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  • ACE Success.

    Singapore Budget 2018 Summary

    acesuccess Feb 26, 2018

    Singapore Budget 2018 Summary   Hi, I believe most of you will be interested in this year budget statement as all of you are aware that the productivity & innovation credit (PIC) grant has ended in YA2018. I have listed out most of the implementation regards to businesses and company for this year budget policy. […]

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  • ACE Success.

    What is the constitution of a company?

    acesuccess Sep 29, 2017

                The Constitution of a company is a legal document that maintains how the company and the company’s activities are being regulated and managed. Specifically, the Constitution outlines the company’s governing rules and procedures, purpose of the company, as well as its board of directors and shareholders, and their rights […]

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