by Intellinz Admin | Dec 11, 2020 | Compliance, Income Tax
GST payable on Overseas Digital Services. Digital service providers have registered for GST under Singapore’s Overseas Vendor Registration (OVR) regime, and will charge GST on their deals of digital administrations to Singapore buyers with effect from 1 Jan 2020. At...
by Intellinz Admin | Nov 17, 2020 | Accounting, Business Set Up, Cloud Accountant, Compliance, Income Tax
Does your company qualify for audit exemption? . In Singapore, each organization is responsible for getting its financial statements and records checked by an auditor once every year. This permits an organization’s bookkeeping records to be analyzed...
by Intellinz Admin | Nov 9, 2020 | Accounting, Grant & Money, Income Tax
Why is Tax Planning crucial for Small Businesses. Numerous entrepreneurs disregard tax planning and it’s the last thing on their mind until their Taxes are due. Tax planning is a continuous cycle and good tax consulting advice is a valuable asset. It is...
by Intellinz Admin | Oct 15, 2020 | Business Set Up, Grant & Money, Income Tax
8 Steps to Setup Your Family Office. Many high-performance individuals, high net worth individuals, and successful entrepreneurs will definitely reach a stage when they might benefit from the services of a family office. Their business becomes so complex and the...
by Intellinz Admin | Oct 13, 2020 | Business Set Up, Compliance, Income Tax
Benefits of setting up a holding company in Singapore What is a holding company? A holding company is a business corporation or limited liability company (LLC) that is created to buy and own the assets of other companies that it controls. A famous example will be...
by Intellinz Admin | Jul 17, 2020 | Accounting, Cloud Accountant, Compliance, Income Tax
Accounting VS Bookkeeping; What’s The Difference? Contrary to popular belief, Bookkeeping and accounting are two separate roles that play a crucial part in any business. If you are not in the profession, most people would find it hard to differentiate between...