Press Releases

Singapore’s government confirms its mandate on higher productivity, skills development, and quality growth. The government has progressively raised levies and lowered Dependency Ratio Ceilings for less skilled foreign workers over the years. To employ higher quality foreign workers, the government ... Continue Reading

Singapore, in a bid to further strengthen its Avoidance of Double Taxation Agreements (DTA) network, has seen new DTAs come into force and updated existing ones in the first five months of 2014. Six countries have been engaged so far. According to SingaporeCompanyIncorporation.sg, a portal ... Continue Reading

Singapore’s Workplace Safety and Health (WSH) Campaign launched this month aims to make Singapore a safer place to work and focused raising the country’s WSH standards. This comes on the back of 19 fatalities in Q1 2014, 12 of which occurred in the construction ... Continue Reading

The Singapore government updates the requirements for its various work visas and work passes to ensure that they stay relevant to the changing needs of its workforce and the economy. We look at the most recent conditions for new Singapore Employment Pass (EP) and S Pass applicants on this ... Continue Reading

In a bid to strengthen the quality of financial reporting by companies, Singapore’s Accounting and Corporate Regulatory Authority (ACRA) has last week expanded the scope of the Financial Reporting Surveillance Programme (FRSP). In light of the growing complexity in financial reporting requirements ... Continue Reading

The announcement by Singapore Business Federation (SBF) last week to produce a rental code of practice is a push in the right direction, says SingaporeCompanyIncorporation.sg, a leading Singapore business incorporation portal. It will enhance the transparency of rental rates and allow landlords ... Continue Reading