by admin | Nov 5, 2025 | Accounting, Company Law, Ethics, Tech News
Singapore’s Corporate Service Providers (CSP) Act will commence on 9 June 2025, introducing a mandatory registration regime for businesses that provide corporate and designated accounting-related services. All existing service providers operating within scope must...
by admin | Nov 5, 2025 | Accounting, Company Law, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued Advance Ruling (Income Tax) Summary No. 23/2025, addressing whether a company’s utilisation of unremitted foreign-sourced income (FSI) to fund a share capital reduction falls within the scope of section...
by admin | Oct 31, 2025 | Accounting, Company Law, Income Tax, Tech News
On 30 October 2025, the Inland Revenue Authority of Singapore (IRAS) released long-awaited guidance clarifying the classification of foreign entities—including foreign partnerships and foreign limited liability companies (LLCs)—for Singapore income tax purposes. The...
by admin | Oct 11, 2025 | Accounting, Company Law, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released an updated version of the AEOI Tax Identification Number (TIN) Guide, providing enhanced direction for Reporting Singapore Financial Institutions (SGFIs) in fulfilling their Common Reporting Standard (CRS)...
by admin | Sep 18, 2025 | Accounting, Company Law, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has revised its published guidance on the tax treatment of interest-free or subsidised loans granted to company directors and employees who hold substantial shareholdings, or who exercise control or significant...
by admin | May 16, 2025 | Accounting, Auditing, Company Law, Income Tax, Tech News
Significant regulatory changes are imminent for Corporate Service Providers (CSPs) operating in Singapore. Effective 9 June 2025, the newly enacted Corporate Service Providers Act (CSP Act) imposes mandatory registration and stringent compliance obligations on all...
