Short-term Work Permits in Singapore

The short-term work permits for foreign workers in Singapore: Miscellaneous Work Pass Work Permit for foreign worker Work Permit for foreign domestic worker Work Permit for confinement nanny Work Permit for performing artiste These are other permits available to foreigners are long-term or semi-permanent in nature. These include S Pass, Employment Pass, Personalised Employment Pass [...]

By |2020-06-07T12:11:27+08:00July 23rd, 2019|Business|2 Comments

Main types of Work Permits in Singapore

Singapore offers four main types of permits to work in the country: S Pass Employment Pass (“EP”) Personalised Employment Pass (“PEP”) EntrePass These permits are often long-term or semi-permanent in nature. Hence, there is an allowance for them to bring their immediate family to live in Singapore. Besides these permits, there are other short-term work [...]

By |2020-06-07T12:11:45+08:00July 23rd, 2019|Business|1 Comment

A Guide To Singapore Corporate Tax Rates

In order to propel further economic growth and to attract foreign investments, the Singapore government takes measures to keep Singapore business-friendly. One important aspect is the very attractive corporate tax rate on businesses in Singapore.   Tax Residency And Taxable Income Companies (resident and non-resident) that carry on a business are taxed on their corporate [...]

By |2020-06-07T12:12:11+08:00July 22nd, 2019|Business|0 Comments

Loan Schemes for Singapore companies to go international

Singapore has implemented 3 Internationalisation Finance Schemes to support companies in their overseas expansion. These schemes cater to different categories of companies and they include: Internationalisation Finance Scheme (IFS) Internationalisation Finance Scheme for Non-Recourse (IFS-NR) Internationalisation Finance Scheme (IFS) - Marine and Offshore Engineering We provide the details of these schemes below: Internationalisation Finance Scheme [...]

By |2020-06-07T12:12:25+08:00July 17th, 2019|Business|0 Comments

Loan Schemes for Marine and Offshore companies in Singapore

For Marine & Offshore companies, the Government has introduced two financing schemes for the sector to overcome the downturn in this sector. These schemes include: Bridging Loan for Marine & Offshore Engineering companies (BL-MOE)  Internationalisation Finance Scheme (IFS) - Marine and Offshore Engineering We provide the details of these schemes below: Bridging Loan for Marine [...]

By |2020-06-07T15:31:39+08:00July 17th, 2019|Business|0 Comments

Loan Schemes for SMEs in Singapore

Singapore has implemented several schemes to support companies in the area of financing. Enterprise Singapore typically shares the credit risks with the Participating Financial Institutions (PFIs). This results in loans with lower interest rates and greater access to the loan markets for these companies. Eligible companies can approach any of the eligible PFIs to apply [...]

By |2020-06-07T15:31:49+08:00July 17th, 2019|Business|0 Comments

Top Business Grants for Start-ups in Singapore

Entrepreneurs looking for grants can look at Startup SG Founder which provides funding and mentorship support. For companies involved in technology, there are two schemes available - Startup SG Tech and Startup SG Equity. Startup SG Tech provides a grant for new technology that is in the conceptualization stage. The Startup SG Equity scheme has [...]

By |2020-06-07T15:31:56+08:00July 17th, 2019|Business|0 Comments

Top Business Grants for SMEs in Singapore

To facilitate a pro-business environment in Singapore, the government has introduced several business grants. They include: Enterprise Development Grant (EDG) Productivity Solutions Grant (PSG) Market Readiness Assistance (MRA) Grant We provide more details of these grants below: Enterprise Development Grant (EDG) The EDG is a scheme to provide financial support for companies in their growth [...]

By |2020-06-07T15:32:03+08:00July 17th, 2019|Business|0 Comments