by EBOS Admin | Jun 22, 2018 | Cloud Accountant
Q1: When will the small company audit exemption take effect? The audit exemption will be applicable for financial years beginning on or after the change in the law (1 Jul 2015). Transitional provisions have been provided for the first two years after the change in...
by EBOS Admin | Jun 22, 2018 | Cloud Accountant
The Manpower Ministry is adopting a stick-and-carrot approach in dealing with the issue of hiring foreign professionals. Employers who persist in hiring them for no good reason and fail to have concrete plans to nurture their Singaporean staff will find it harder to...
by EBOS Admin | Jun 22, 2018 | Cloud Accountant
Here is a checklist to save you from headache. Please save it or share it to avoid losing any documents. 1. Purchase Invoices Please keep all business related receipts because you can only claim it as expenses. 2. Payment Voucher Payment voucher showing if purchase...
by EBOS Admin | Jun 22, 2018 | Cloud Accountant
THE PROBLEMS WITH TRADITIONAL ACCOUNTING SOFTWARE Only one person can access the software at a time. Simple Accounting software can be cheap but it is not expendable. You need to manage backups yourself. It’s a pain and time consuming and you may forget to do it. Lots...
by EBOS Admin | Jun 22, 2018 | Cloud Accountant
Limited Partnership (LP) Registration Requirements All Singapore citizens Permanent Residents Employment Pass EntrePass Dependent pass holders Foreign individuals and companies can register as long as a local resident manager is appointed Requirements for Registration...