Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 09 January 2025 Directors’ Loans in Singapore: Tax Rules, Examples, and Compliance Tips This blog is the second part of our series on directors’ loans. For the first part, which…
Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 10 December 2024 Directors’ Loans in Singapore: Compliance, Benefits, and Restrictions As a small company director in Singapore, you may have questions about taking loans from your company. Let’s explore…
Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA / MBA Published 08 November 2024 Introduction: As an accountant, bookkeeper or financial decision-maker in a small company in Singapore, understanding how to manage Expected Credit Loss (ECL) on trade debtors is crucial…
Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA / MBA Published 21 October 2024 The year-end closing process is a critical phase in financial reporting, encompassing a series of essential steps to ensure your financial statements accurately reflect your company’s financial…
Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA / MBA Published 27 August 2024 Introduction This post is targeted at directors and senior management of SMEs in Singapore. As key decision-makers, you play a critical role in establishing governance structures and protecting…
Centered in one of the world’s fastest-growing financial markets, coupled with an attractive regulatory framework designed to incentivize companies and their entrepreneurs, Singapore remains a top spot for attracting top talents from all around the world. To enhance its position as a strategic hub, the Singapore Ministry of Manpower introduced…
From May 2021, the Ministry of Manpower (MOM) has changed their regulations for Dependant Pass (DP) holders who wishes to apply for a Letter of Consent (LOC) to legally generate income in Singapore. This has created a few misconceptions in many current DP holders that we have met – that…
There are only three groups of people allowed to buy property in New Zealand: Kiwis, Australians and Singaporeans. All other foreign buyers must apply for to the New Zealand Overseas Investment Office (‘OIO’) for government permission if they want to buy New Zealand property. Singaporean nationals are in a unique…
Basic Information Number of days for opening a Company Name application – minimum 1 working day (provided no referral authority involved) maximum 60 days (if referral involved). Company registration – 1 to 2 working days upon completion of client due diligence and return of duly executed documents. In certain…
Indonesia with its population of over 270 million people, is the largest economy in Southeast Asia. And what makes more attractive for business investment in this one of the fastest-growing economies in the world is its ambitious plan to relocate the country’s capital from Jakarta to a new capital city…
As the year ends, it is once again the time to review the various procedures and important deadlines to ensure compliance with filing requirements, particularly with ACRA and IRAS. This article will provide you with a basic understanding of year-end accounting to get a good start. The following areas are…
