What Is GST Exemption in Singapore?

Goods and Services Tax (GST) applies to most goods and services supplied in Singapore, but not every transaction is subject to the standard 9% GST rate. Certain supplies are specifically exempt from GST. So, what is GST exemption in Singapore? In simple terms, a GST-exempt supply is a supply on which GST does not need […]

Can a Non-GST Registered Company Charge GST on Its Clients in Singapore?

One of the most common questions among new business owners in Singapore is: Can a non-GST registered company charge GST to its clients? The general answer is no. A business that is not registered for Goods and Services Tax (GST) generally cannot charge or collect Singapore GST from its customers. Only businesses that are GST-registered […]

How to Treat GST in Accounting in Singapore

Goods and Services Tax (GST) is one of the most important areas of accounting for GST-registered businesses in Singapore. Although businesses collect GST from customers and pay GST to suppliers as part of their everyday transactions, GST should not normally be treated in the same way as ordinary business revenue or expenses. Instead, GST collected […]

What Are the ACRA Requirements for a Corporate Secretary in Singapore?

Every Singapore company needs to comply with a range of corporate and statutory requirements after incorporation. One of the most important requirements is the appointment of a company secretary. For new business owners, this often raises several questions. What are the ACRA requirements for a corporate secretary in Singapore? Does the corporate secretary have to […]

What Are Five Qualities of a Good Corporate Secretary?

A good corporate secretary does much more than submit forms and remind directors about filing deadlines. In Singapore, the company secretary plays an important role in supporting the company’s corporate administration, maintaining appropriate records and helping directors manage ongoing compliance responsibilities. For business owners, choosing the right corporate secretary can therefore have a significant impact […]