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Step-by-Step Guide in Incorporating a Company in Singapore (2023)
Singapore has been called by many names in the economic and business sector – the most digitally competitive economy in Asia, the best in the world for doing business, 2nd richest economy in the world and the list goes on. Now home to 575,527* businesses as of March of 2023 there is no better time to maximise the opportunity for…
Mergers and Acquisitions
Benefits of Mergers and Acquisitions – Is It Time for Your Business? With unpredictable market behaviour these days, how a business performs is unknown. As such, mergers and acquisition are a common and frequent occurrence. Mergers and acquisitions help you to get quality staff or additional skills. When a merger takes place, two separate companies…
Singapore Accounting Standards
Accounting standards are developed in the public interest to support a country’s corporate governance and financial reporting framework. This extends to most parts of the world in order to help a country maintain financial order. The International Accounting Standards Board (IASB) is an independent, accounting standard-setting body of the International Financial Reporting Standards (IFRS) Foundation…
GST on Imported Services
Starting 1st January 2020, consumers and businesses who buy imported services from overseas suppliers with no establishment in Singapore will have to pay goods and services tax (GST). This change does not apply to goods purchased online from overseas suppliers. The current GST-free threshold of $400 and below will continue to apply to the goods imported into Singapore (excluding intoxicating…
Recent Tax Changes Proposed in Singapore’s Budget 2020
All materials have been prepared for general information purposes only. The information presented in this document is not legal advice, is not to be acted on as such, may not be current and is subject to change without notice. Professional advisory should be sought before taking or refraining from any action as a result of…
Singapore Under the New Normal
All materials have been prepared for general information purposes only. The information presented in this document is not legal advice, is not to be acted on as such, may not be current and is subject to change without notice. Professional advisory should be sought before taking or refraining from any action as a result of…
New Internal Audit & Risk Consulting Department
The Helmi Talib Group is pleased to announce our newly constituted Internal Audit & Risk Consulting Department, headed by Ms Sue Hui who will be joining us as Internal Audit & Risk Consulting Manager with effect from 1st April 2021. Read More
Jaypee Bautista Appointed as Audit Partner
We are pleased to announce the appointment of Jaypee Bautista as an Audit Partner of the firm, effective 01 July 2021. Having worked for more than 10 years with the Helmi Talib Group, Jaypee Bautista has since grown with the firm to become a dedicated leader eager to share the knowledge and experience he gained…
Compliance Requirements for Resuming Business Operations
All materials have been prepared for general information purposes only. The information presented in this document is not legal advice, is not to be acted on as such, may not be current and is subject to change without notice. Professional advisory should be sought before taking or refraining from any action as a result of…
Starting A Shipping Company in Singapore
Singapore is home to more than 5,000 maritime establishments, holding headquarters of 140 of the world’s top shipping groups. With the added advantage of having several pro-business government policies, setting up a maritime business in Singapore is quick and easy. This section will take you through the essentials to setting up a shipping company in…
In recent years, the accounting industry has been in the forefront of embracing technological shift. The Accounting Entity (AE) survey, a recent annual report released…
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When the World Changed, So Did Our Playbook A Commentary on the Kreston Global Interpreneur Report by Rocel Magtibay, HR Director at Kreston Helmi Talib…
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As business landscapes and consumer behaviors evolve, financial reporting follows suit. With the introduction of the Financial Reporting Standards (FRS) 118: Presentation and Disclosure in Financial…
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Expanding internationally is one of the most effective ways to drive growth, unlock new markets, and diversify revenue streams. In hindsight, going global brings about…
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The ripple effects of rising geopolitical tensions, technological shifts and supply chain disruptions can be felt worldwide. In Singapore, particularly, business leaders reflect a more…
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The International Accounting Standards Board (IASB) has recently issued narrow scope amendments to address emerging issues in the financial landscape that took effect on 1…
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Singapore is Asia’s most attractive business hub, scoring 2nd worldwide just behind USA on this year’s Innovator’s Business Environment Index, that ranks countries with the…
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All GST-registered businesses in Singapore will soon be required to onboard their systems with InvoiceNow. To digitalise national tax compliance, invoice data will be directly…
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Singapore ended 2025 in a much stronger financial position than forecasted. The previous year’s S$15.1 billion budget surplus came more than double the estimate of…
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Business Registration in Singapore: A Guide for Foreign Entrepreneurs (2026) Singapore remains a competitive hub for foreign investment, consistently ranking atop the world’s biggest economies.…
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