Tagged as: Singapore government
Government to Step up Inspections, Improve Compliance
Enterprises who opt to form a Singapore company in these sectors will have to be mindful of the level of scrutiny they will be subject to, says Rikvin. ... continue reading
Singapore, Latin America Boost Bilateral Trade
The bilateral collaboration will be a major catalyst for mutual business interests and cross-regional investments, says Rikvin. ... continue reading
Singapore Standard Industrial Classification (SSIC) Codes
Since 1958, the Singapore Standard Industrial Classification (SSIC) has set the industry standard for defining and categorizing economic activities or businesses in Singapore. The latest SSIC adopts the basic framework and principles of the International Standard Industrial Classification of All Economic Activities, Fourth Revision (ISIC Rev.4). The SSIC is amended regularly to remain relevant to … continue reading
Rikvin Supports Singapore Government’s Plans to Bolster Manufacturing Sector
Singapore Company Registration specialists Rikvin supports the Lion City’s call to enhance its resources and commodities capabilities in a bid to woo more manufacturing firms to opt for Singapore company incorporation. In a recent interview with Reuters, Dr. Beh Swan Gin, Managing Director of Singapore’s Economic Development Board (EDB), said that Singapore’s manufacturing sector, which … continue reading
Singapore Rises To 4th Spot In Private Equity Destination Attractiveness
In the latest Global Venture Capital and Private Equity Country Attractive Index, Singapore secured the fourth rank, an improvement by two slots in the previous year’s index. The VCPE index takes into account the socio-economic surroundings of each country, namely, the economic activity, depth of the capital market, taxation, investor protection and corporate governance, human … continue reading
Singapore Government increases spending for tech sector
Research firm IDC has projected that the Singapore government’s spending for information and communication technology (ICT) is set to grow by 3.5 per cent annually to US$1.5 billion (S$2.1 billion) in 2003. The Infocomm Development Authority of Singapore (IDA) added that it has plans to invest S$1.1 billion in about 350 ICT tenders for this … continue reading
Singapore Government Launches Web Portal GeBIZ
Singapore has opened its fair and open tendering system to foreign company for bidding local project. The entry requirement to participate for bidding of local project, foreign entrepreneurs or company must be registered in Singapore and have enough financial backing to cover the value of goods and services for the tender. Companies who are interested … continue reading
Singapore – Qatar Extending the Economic Horizon
An agreement between Qatar and Singapore on avoidance of double taxation and prevention of fiscal evasion turned effective. Under the agreement, the withholding tax rate on dividends will be zero per cent. In addition, for dividends received by a Singapore resident company from a Qatar resident company, Singapore will allow a tax credit for the … continue reading
Singapore Market Search Made Easy
Accounting and Corporate Regulatory Authority of Singapore ACRA launched a new service called Market Search Services on October 18. This new service is aimed to facilitate a preliminary first level market analysis based on three criteria namely industry, location and paid up capital. This will be immensely helpful for B2B companies that would like to … continue reading
Singapore Bolstering its Infocomm Infrastructure
The Minister for Information, Communications and the Arts, Dr Lee Boon Yang while addressing the 12th IT Leader Awards on 29 February 2008 announced that over the next five years, the Infocomm Development Authority (IDA) will inject some S$70 million to develop the infocomm workforce in Singapore. Some S$43 million will be spent over five … continue reading