We strive to be thought leaders in not only our industry
but also in yours. In doing so, we periodically
develop publications on various topics to
assist you in running your business.
The Prime Minister and Minister for Finance announced the 2006 Budget on 17 February 2006 unveiling a range of tax and other initiatives to support the ongoing restructuring and upgrading of the economy.
On 16 May 2005, the Companies (Amendment) Bill 2005 (the "Bill") was passed, the third amendment made to the Companies Act since 2002, in line with the recommendations of the Company Legislation and Regulatory Framework Committee ("CLRFC").
Pursuant to the recommendations made in 2002 by the Company Legislation and Regulatory Framework Committee, the Limited Liability Partnership ("LLP") concept was introduced in October 2004 as an alternative to registering a business or company in Singapore.
Outsourcing is a management tool for improving efficiency, profitability andexpansion. It challenges companies to think beyond thevertically-integrated organization in favor of a more flexible organization,structured around core competencies and long term outside relationships.
Goods and Services Tax (GST) is far more complex than normally perceived and it affects nearly all business transactions in one way or another. There are many practical issues that businesses need to consider with regard to GST compliance.
