Understanding the Enterprise Development Grant (EDG) for SMEs in Singapore 2025

Apr 3, 2025 | Grants

The Enterprise Development Grant (EDG) is a vital resource for Singaporean SMEs aiming for growth and expansion. This grant offers crucial financial support for projects that strengthen core capabilities, boost innovation and productivity, and expand market access....

How to Create a Budget for Your Small Business in Singapore: A Practical Guide

Apr 1, 2025 | Accounting

Introduction Budgeting is the cornerstone of financial stability and growth for any small business, especially in the dynamic Singaporean market. For SMEs in Singapore, a well-crafted budget provides a roadmap for managing finances, forecasting revenue, and...

Updates to the Renovation and Improvement Tax Incentive in 2025

Feb 11, 2025 | Corporate Secretarial Services

Under Singapore’s Income Tax Act 1947, Section 14N permits businesses to claim tax deductions for eligible capital expenditures related to renovating or upgrading their commercial premises (referred to as R&R costs). These deductions, designed to alleviate...

Guide to Singapore Corporate Tax Rates and Filing Deadlines for Small Businesses in 2025

Feb 10, 2025 | Corporate Secretarial Services

Navigating corporate tax obligations is a critical task for small business owners in Singapore. With a tax system designed to be business-friendly yet compliance-focused, understanding key rates, exemptions, and deadlines can save time, reduce stress, and prevent...

Pacific island nations are urging for greater emphasis on addressing rising sea levels

Sep 2, 2024 | News, Saving the Earth

During a visit to the Pacific in 2019, UN Secretary-General Antonio Guterres posed waist-deep in water for a Time Magazine cover, dramatically highlighting the danger of rising seas. His latest appearance at the Pacific Islands Forum (PIF) in Tonga from August 26 to...