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Introduction Starting a business in Singapore can be an exciting venture, but one of the most crucial decisions you will face is choosing the right business structure. The two most common options for entrepreneurs are Private Limited Companies (Pte Ltd) and Sole Proprietorships. Each structure has its advantages and disadvantages, impacting everything from liability to […]

Introduction In a significant policy shift, Malaysia has introduced mandatory Employees Provident Fund (EPF) contributions for foreign workers starting in 2025. This move aligns with global practices on retirement savings and aims to provide better financial security for the country’s large expatriate and foreign worker community. This article covers the new requirements, who is affected, contribution

The GST InvoiceNow 2025 requirement is transforming how Singapore businesses handle digital invoicing and GST reporting. This guide explains the deadlines, compliance process, exemptions, and available support to help you prepare.For a comprehensive look at all Singapore GST rules and strategy, see our Ultimate GST Compliance Guide for Singapore Business 2025.   What is GST InvoiceNow 2025? GST

  Start and Grow Your Business in Singapore with Confidence Singapore stands as Asia’s top destination for innovation and business in 2025. For foreign entrepreneurs, the first step to success is securing the right Singapore work pass for entrepreneurs 2025. At Terra Advisory Services, our 20+ years of expertise ensures that you and your team can

Staying up to date with Singapore tax updates 2025 is essential for individuals and businesses. The Inland Revenue Authority of Singapore (IRAS) and Budget 2025 introduced several major changes this year. Here’s what you need to know to stay compliant and maximize your tax benefits. Tax Updates for Individuals 1. 60% Tax Rebate for ResidentsAll

Singapore’s 2025 tax reforms are more than just regulatory adjustments—they are strategic moves designed to empower local enterprises, foster innovation, and ensure long-term competitiveness. Here’s how the latest changes from the Inland Revenue Authority of Singapore (IRAS) and Budget 2025 can positively impact your business. 1. Enhanced Corporate Tax Rebates Deliver Immediate Savings One of the

⚠️ Legal Disclaimer: This guide provides general information based on IRAS publications as of September 2025. Tax laws change frequently. Always consult qualified tax professionals for specific situations and verify current requirements at www.iras.gov.sg. What Every Business Owner Must Know in 2025 Singapore GST compliance has become increasingly complex, and the stakes for businesses have never been higher.

Start-Up Tax Exemption (SUTE) Scheme One of the most compelling Singapore tax benefits for new companies is the Start-Up Tax Exemption (SUTE) scheme. This initiative aims to support local entrepreneurship and foster a vibrant startup ecosystem. Qualifying new companies can enjoy substantial tax relief during their first three consecutive Years of Assessment (YAs). This exemption

What Businesses Operating in Both Singapore and Malaysia Should Know Operating a business across the dynamic economies of Singapore and Malaysia presents a wealth of opportunities. However, it also introduces complexities, particularly in the realm of cross-border taxation. For companies with a presence or operations in both nations, a thorough understanding of the tax implications

A Comprehensive Guide to choosing an ideal name for your Singapore Business Selecting an ideal company name in Singapore involves more than just creativity; it also requires understanding regulatory requirements, strategic considerations, and sometimes personal preferences such as numerology or cultural significance. Whether you aim for a name that reflects your brand identity or one