Author name: rac

INDUSTRY SPECIFIC TAX INCENTIVES IN SINGAPORE THE PURPOSE OF THIS ARTICLE IS TO PROVIDE AN OVERVIEW OF THE VARIOUS INDUSTRY-SPECIFIC AND INVESTMENT RELATED TAX INCENTIVES PROVIDED UNDER THE SINGAPORE INCOME TAX ACT AND ITS SUBSIDIARY LEGISLATIONS. With a low headline corporate tax rate of 17%, generous tax exemptions for small and medium-sized companies, and industry-specific …

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INTERNATIONAL TRADEMARK REGISTRATION THROUGH SINGAPORE REGISTRATION OF TRADEMARKS IN MULTIPLE JURISDICTIONS AROUND THE WORLD MAY BE DONE VIA THE MADRID PROTOCOL – AN INTERNATIONAL SYSTEM FOR OBTAINING TRADE MARK PROTECTION FOR A NUMBER OF COUNTRIES AND/OR REGIONS USING A SINGLE APPLICATION. MADRID PROTOCOL PERMITS THE FILING, REGISTRATION AND MAINTENANCE OF TRADE MARK RIGHTS IN MORE …

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FAQS ABOUT ENTREPASS How long does it take to process EntrePass application? An estimated timeline is as follows: It takes about 2 weeks to draft the business plan and prepare the Entrepass application for filing. Once filed, it will take authorities about 8 weeks to review the application and notify you of the outcome. The …

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CALCULATING TAXABLE INCOME FOR SINGAPORE COMPANIES WHEN IT COMES TO FILING YOUR CORPORATE TAX, IT IS IMPORTANT FOR YOU TO UNDERSTAND ITEMS THAT CAN BE DEDUCTED AND ITEMS THAT NEED TO BE INCLUDED FOR TAXING. GET SOME GENERAL GUIDELINES ON HOW TO ARRIVE AT THE TAXABLE INCOME FOR SINGAPORE COMPANIES. A company’s taxable income is …

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TAXATION OF FOREIGN-SOURCED INCOME IN SINGAPORE WHAT DOES IT MEAN BY FOREIGN-SOURCED INCOME AND HOW DOES IT AFFECT TAXATION FOR YOUR SINGAPORE COMPANY? GET A DEEPER UNDERSTANDING ON WHAT CONSTITUTES FOREIGN-SOURCED INCOME AND WHY THEY ARE TAXABLE OR NOT.  FOR GENERAL INFORMATION ON CORPORATE TAXES AND TAX RATES, REFER TO SINGAPORE CORPORATE INCOME TAX GUIDE. NOTE THAT …

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What is dormant company? A dormant company in Singapore is a company that has been registered with the Accounting and Corporate Regulatory Authority (ACRA) but is not actively engaged in business operations. Dormant companies are typically registered for future use or as a holding company, and do not generate any income or incur any expenses. …

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Singapore Trademark Registration Guide The modern Singapore Trade Marks Act was passed in 1998 to meet the city-state’s obligations under the Paris Convention for the Protection of Intellectual Property. Trademark registration in Singapore is handled by the Intellectual Property Office of Singapore (IPOS), a statutory board under the Ministry of Law. Singapore is currently a …

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Singapore Employment Pass (EP) Scheme If you have been deployed by your company to Singapore for work, there are be a number of work passes that you may qualify for, among which, is the Singapore Employment Pass (EP). Here’s all you need to know about qualifying and applying for the EP. What is an Employment …

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EntrePass Business Plan The Entrepreneur Pass (EntrePass) scheme is designed for foreign entrepreneurs who wish to start a business and relocate to Singapore. The scheme is part of Singapore’s plan to attract talent to the country and to become a regional business hub.    To apply for an EntrePass, you will need a simplified standard …

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