Business Blog

The EntrePass scheme, originally launched in 2003, is a work visa meant for foreign entrepreneurs looking to establish their business in Singapore. In 2014, sweeping changes were announced to the evaluation criteria that subjected the applicants to a very stringent assessment. On 2 August 2017, the scheme was overhauled with…Read More

Besides the EntrePass scheme, Startup SG Talent comprises of two other schemes that allow startups to easily attract talent to be part of their team. These schemes are the SME Talent Programme for Startups (STP) and Technology for Enterprise Capability Upgrading (T-UP). We discuss each in detail below: SME Talent…Read More

The Entrepreneur Pass (EntrePass) scheme under Startup SG Talent was enhanced and several new changes were introduced to facilitate the entry and stay of global startup talents in Singapore. Three more qualifying criteria have been included under the enhanced EntrePass scheme that came into effect from 1 August 2017. The following…Read More

Singapore – a modern day economic miracle – is known worldwide for its ease of doing business, low-tax policies, and first-world infrastructure. Adding to its laurels in recent years, the city-state, which already is a preferred destination of foreign investors and entrepreneurs to work, live and play, has gained a…Read More

The International Business Companies Act 2016 was amended by the 2017 bill early this year and came into force retrospectively from 1 December 2016. The following is a brief overview of the key changes introduced by the amendment. A company incorporated as an IBC is allowed to conduct business outside…Read More

In order to comply with its obligation under the Exchange of Notes Agreement which it entered into with the UK back in April 2016, the British Virgin Islands (BVI) has enacted Beneficial Ownership Secure Search System Act 2017 (BOSS Act). The Act came into effect on 30 June 2017. The…Read More