Modern economics has transformed the entire world into a global village. Rigid immigration rules still uphold the borders between the nations. Talent, trade, and investors are in a constant pursuit of opportunities, most of which is currently concentrated in the East. Singapore, the tiny red dot on the globe, with several strategic advantages welcomes investors [...]
Tax shelter, confidentiality and asset protection are the chief concern of super rich individuals and corporations. Corporations and high net worth individuals are in constant pursuit to reduce their tax liability legitimately. Several international courts of law have recognized this quest to minimize tax liability as a justifiable right of individual and corporations. In the [...]
How to Set Up an Entertainment or Recreation Business The definition for entertainment and recreation business is broad. It can be a fishing farm or a Kelong where you can fish for prawns; a karaoke lounge or nightclub; or a miniature golf park and more. If you are interested in starting such a business , [...]
Company Setup with EntrePass Entrepreneur Pass or commonly known as EntrePass is a type of employment pass for foreign entrepreneurs who would like to start and run a company in Singapore. Apply EntrePass if you are a Foreign Entrepreneur who lacks the appropriate educational qualification or does not qualify under the Employment Pass scheme, but [...]
What is a Tax Resident A company is considered as a resident in Singapore if the control and management of the business is exercised in Singapore. Although the term “control and management” is not defined explicitly by authorities, a generally accepted consensus is that it refers to the policy level decision making at the level [...]
What is Withholding Tax Withholding tax is levied on payments made to non-residents including employees, business partners and overseas agents. A non-resident is liable to pay income tax on Singapore-sourced income. Under the law, a person has a legal obligation to withhold a percentage of the payment when he makes payments of a specified nature [...]
The arts and music business, though recreational by nature, is classified separately from the entertainment business. Some examples of arts and music business are operas, orchestra concerts, art exhibitions and performance dance troupes. If you plan to start a business in the arts and music industry , you will have to first: Register your business [...]
Compiling benefits packages to suit the needs of the typical employee is a task often doomed to failure, especially in organisations that employ people from a range of backgrounds who are likely to have very different requirements. Rather than wasting considerable funds on benefits that are not likely to be needed or appreciated by the [...]
With so many different locations hoping to draw tourists to their sunny climes this year, one of Europe’s fastest rising coastal destinations is Larnaca in Cyprus, which is becoming ever more popular with holidaymakers as well as business travellers. This historical city on the shores of the Mediterranean offers much to appeal to cultural explorers [...]
When travelling to New York with a dog, you may think it would be difficult to find things to do with your canine companion. However, with some research and planning you may be surprised at the amount of pet friendly attractions you can find. For many dogs and their owners, one of the simplest pleasures [...]
Staying in Leigh offers a chance to get away from the busy streets and congestion of Manchester and Liverpool while still being just a short journey from those major cities by road or rail, as well as close to other metropolitan destinations like Wigan and Bolton. Whether you’re visiting Greater Manchester on business or to [...]
Employee benefits packages are no longer highly prized, rare assets that set one employer apart from their competitors, with the reality being that most employers are expected to offer at least some level of benefits to workers in suitably high positions. Employee benefits have become such a core part of contracts that many people would [...]
