Singapore will be implementing a points-based evaluation system for Employment Pass (EP) applications starting from September 2023 under the new Complementarity Assessment Framework (Compass) which assesses applicant- and employer-based criteria such as salary, qualifications, diversity and support for local employment.
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A handy guide of Singapore Tax facts, to keep you up to date of the tax rates and conditions.
The Inland Revenue Authority of Singapore has updated its circular “Income Tax Treatment of Foreign Exchange Gains or Losses for Businesses (Fourth Edition)” on 31 March 2021. The March 2021 update has added a definition of translation differences and a new annex on frequently asked questions about the designated bank account for designated revenue purposes and the application of the de-minimis limit.
Munjal Almoula of Grant Thornton Singapore discusses the evolving approach of tax authorities worldwide to transfer pricing policies and audits, and considers the potential implications for the Singapore transfer pricing regime.
This guide to doing business in Singapore will provide the reader with an insight into the key aspects of investing and undertaking business in Singapore.
This guide to doing business in Singapore will provide the reader with an insight into the key aspects of investing and undertaking business in Singapore.
Following Monday's Budget announcement, our Tax leaders shared their thoughts on the keys initiatives announced and other key changes that will effect businesses and individual both in Singapore and globally.
While some dynamic businesses are reaping the benefits from the introduction of enterprise management software applications, robotics, and advanced business intelligence tools, for others there is a significant risk of being left behind and even making costly strategic errors.
Whether it’s robotics, artificial intelligence or the cloud, advances in technology present a golden opportunity for the finance function...
According to our International Business Report (IBR), Asia Pacific businesses have an appetite for automation. What are the risks and opportunities at the heart of the automation revolution?
What's driving high business sentiment in South East Asia? Read our article to find out.
Asia Pacific (APAC) is a region in flux. In 2018, businesses must contend with numerous challenges, not limited to environmental risks and an ageing population. But with disruption comes great opportunity.
Despite a global downturn in business optimism, confidence is buoyant in ASEAN, reaching the highest level ever recorded by the IBR in Q2 2018.
Our ‘IFRS Viewpoint’ series provides insights from our global IFRS team on applying IFRSs in challenging situations. Each edition will focus on an area where the Standards have proved difficult to apply or lack guidance.
The global mobility environment is changing rapidly. Businesses and their employees working internationally are faced with a complex web of regulations and laws.
Todays Boards are under increasing pressure from regulators and customers alike to engage more broadly with stakeholders and build their views and expectations into the strategy and management of the business.
