AM Corp Blog

Blogs about corporation startup tips, accounting and taxation basics.

Indian Companies in Singapore: Why You Should Follow in Footsteps of InMobi

Posted by AM Corporate Services Pte. Ltd. on Jul 21, 2017 4:02:24 PM

Singapore is emerging as the number one destination for Indian companies and they already cover the variety of business branches. At the end of the previous year, Indian firms invested USD 2.06 billion in Singapore making a total direct overseas investment of USD 2.49 billion, which is a 32% increase from December two years ago.However, this comes as no surprise, given that Singapore is a prominent business center in the world, closer than other popular destinations such as Paris or London. 

Read More

Topics: Company Registration

Singapore's Startup Ecosystem: 6 Reasons Your Startup is Going to Succeed

Posted by AM Corporate Services Pte. Ltd. on Jul 18, 2017 6:36:11 PM

Singapore is among the top startup ecosystems around the world. This is according to this year's report by Startup Genome which surveyed more than 50 ecosystems in 28 countries based on factors such as performance, funding, market reach, talent and startup experience. To-date, there are around 2,400 tech startups in Singapore with an ecosystem value of US$11 billion. Most startups are in the area of digital technology, followed by fintech and enterprise tech startups.

Read More

Topics: Start Up

Why SMEs in Singapore Should Go Digital in 2017

Posted by AM Corporate Services Pte. Ltd. on Jul 14, 2017 4:05:09 PM

Constantly changing business landscape, increasing market competition, shifting customer needs - these are some of the reasons why businesses, especially small and medium enterprises or SMEs go digital to boost productivity and profits. Indeed, those companies, which do not embark on the digitalisation wave, are likely to lose their competitiveness, and even see their businesses become redundant in the long run.

Read More

Topics: Company Registration

What Does It Take to Gain Singapore PR Status?

Posted by AM Corporate Services Pte. Ltd. on Jul 11, 2017 3:16:00 PM

Strategically located at the main crossroads of Southeast Asia, Singapore has become one of the unique business centers in the world. The multicultural and cosmopolitan city-state with its mix of the modern and the traditional lures foreign entrepreneurs to make investments in creative and knowledge-based industries. The 2017 Quality of Living ranking and the HSBC Expat Explorer survey have ranked Singapore as the best city in Asia to live in. 

Read More

Topics: Immigration and Work Visas

Running a Small Business? Reap the Benefits of Accounting Services in Singapore

Posted by AM Corporate Services Pte. Ltd. on Jul 7, 2017 3:56:38 PM

Starting a new company in Singapore can be an exciting process with pitch presentations, company registration and marketing campaigns. In the hustle and bustle of the first few months accounting matters of a business might be kept on the back-burner. But failing to have good accounting practices can run the company into serious problems such as conviction of tax evasion, reputation damage, or even funding rejection. 

Read More

Topics: Accounting

Extended Wage Credit Scheme: When and How will Payouts be Made in 2017

Posted by AM Corporate Services Pte. Ltd. on Jul 6, 2017 8:47:43 PM

Earlier this year, it was announced that S$660 million will be disbursed to more than 85,000 employees as part of the Wage Credit Scheme (WCS) - an initiative aimed at allowing companies to have time to adjust to the increase in wages amid the current labour market of Singapore.

Here is a look at what is the extended WCS and what this means for companies.

 

Read More

Company Registration Options in Singapore for Foreign Entrepreneurs: Which Option to Choose

Posted by AM Corporate Services Pte. Ltd. on Jul 4, 2017 5:57:18 PM

Located in the heart of South-East Asia, Singapore has managed to become one of the thriving economies in the world only in a few decades. Strategic location, business-friendly policies and blooming technologies have made the country an ideal launch platform for international investors with forward-looking business ideas.According to the annual report published by The World Bank, Singapore is ranked as the second best country for doing a business, and the sixth country with the most start-up friendly environment. Singapore offers an attractive tax system both to individuals and corporations. 

Read More

Topics: Company Registration

Singapore's New Inward Corporate Re-domiciliation Regime to Boost the Country's Competitiveness

Posted by AM Corporate Services Pte. Ltd. on Jun 30, 2017 4:29:53 PM

During the recent decades Singapore has become one of the most dynamically developing business hubs in the world and the main gateway to the Asian market. Due to its strategic location, pro-business government and ambitious economic policies the country is attracting more and more foreign investors.

With the aim to enhance the country’s competitiveness and facilitate the process of starting a business in Singapore for foreigners, the Parliament of Singapore passed the Companies (Amendment) Bill in March 2017. 

Read More

Topics: Company Registration

What You Should Know About Singapore Employment Pass to Be Legally Employed

Posted by AM Corporate Services Pte. Ltd. on Jun 26, 2017 3:36:05 PM

During the last decades Singapore has become a regional business hub in Southeast Asia. Rich in history, culture and traditions blended with dynamically growing business environment and ambitious economic policies, the country is a popular destination for foreigners who look to find jobs or further their careers. According to the annual HSBC Expat Explorer survey, Singapore was ranked as the best expatriate destination in 2015 and 2016, outshining countries like New Zealand and Canada.

Read More

Topics: Employment Pass

Singapore vs New Zealand: The Best and Easiest Place to Run Your Startup

Posted by AM Corporate Services Pte. Ltd. on Jun 23, 2017 3:56:35 PM

In the latest edition of the World Bank's Doing Business rankings, New Zealand was placed first as the easiest place to do business, closely followed in second place by Singapore. The rankings looked into factors including starting a business, getting credit, paying taxes and enforcing contracts.
For entrepreneurs aiming to make their mark in the New Zealand and Singapore business environments, here is a look at how these countries fare for running startups.

Read More

Topics: Start Up