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Intellinz BLOG

Read up on merger and acquisition, business intelligence platforms, cloud accounting services, and much more

Latest Posts by Intellinz

What is a UBO?

Banks and companies are expected to know the people with whom they do business across the sector. For any of their commercial dealings, any institution subject to anti-money laundering and anti-terrorist financing rules must reveal the UBO's identification.   Even...

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Adverse Media Screening In COVID-19

The COVID-19 pandemic brought much negative impact on individuals and institutions in many social sectors. Companies now place more importance on risk management. The failure of recognising possible dangers of money laundering and terrorist financial risk may cause...

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Investing smartly with a Small Budget

If you would like to invest but think you don't have the money, think again. For a lot of people, to simply get started at investing it requires you to have a lot of money. In reality, the process of building a solid portfolio can begin with a few thousand—or even a...

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Entrepreneur’s Guide To Accounting By EBOS SG

5 Reasons Why Start-up Businesses Fail

More than half of new businesses fail during the first two years of incorporation. Not all of the 50% of businesses need to fail. The failure of the business can always be attributed to key factors that determine the success of a new start-up. Let's us go through the...

What is Cloud Accounting software?

Cloud accounting software is commonly referred to as an online accounting software, web- powered software or web-based accounting software. This is hosted on a remote server, where the users send data to “the cloud” and it is processed and returned to the user. Cloud...

What is GST and how is it charged?

GST was first implemented on 1 April 1994, modelled off the UK VAY and New Zealand GST. It is meant to lower personal and corporate tax rates while contributing to a revenue base for the government. GST is a consumption tax that is applicable to the import of goods...

Choosing the right corporate secretary

Singaporean Companies should appoint a secretary within six months of incorporation. However, what specifically is the job of a secretary and what can they bring to the table? Knowing the critical position, a company secretary plays in your business necessitates...

Singapore is a Tax Haven

Singapore's low taxes and other incentives for foreign investors qualify it as a tax haven. Resident taxpayers pay a progressive tax on personal income at a top marginal rate of 22%. In 2019, the highest tax bracket is defined as incomes above $320,000 U.S. dollars....

For more content from EBOS SG, visit https://ebos-sg.com/articles/