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...
by admin | Feb 27, 2025 | Accounting, Auditing, Company Law, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has published a summary detailing the resolution of significant technical issues impacting the filing of Annual Returns via its BizFile+ platform. These fixes address widespread user frustrations encountered...
by admin | Feb 24, 2025 | Accounting, Company Law, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has formally announced an extension to its waiver of late filing penalties, now effective until 15 March 2025. This relief measure applies to entities with statutory filings originally due between 9 December...
