Singapore Start-Up Grants and Schemes

Singapore has been known for its efforts to establish itself as a technology industry leader by developing talent and encouraging the formation of innovative businesses. The government has been injecting a tremendous amount of money into grants and initiatives to create the Singaporean version of Silicon Valley. A factor that helps this ambitious initiative is […]

Money Matters: 8 Ways to Raise Funding in Singapore

What would you do with the funds you raise if you were a business owner? We can easily think of a few things right off the bat – to buy new equipment, invest in new hires, upgrade the business, and keep it operational. Money is the lifeblood of a business – and for good reason. […]

What Are the Key Business Challenges for SMEs in Singapore?

Singapore’s small and medium enterprises (SMEs) are the backbone of its economy, providing almost 50% of the country’s GDP and employing around 70% of its local workforce. The number of enterprises in Singapore jumped from 273,100 in 2019 to 291,600 in 2021, of which 99% comprised SMEs. An overwhelming majority of 80% of these SMEs […]

Singapore Introduces Guidelines to Raise Financial Reporting Standards

In a bid to boost the standard of financial reporting in Singapore, the Accounting and Corporate Regulatory Authority (ACRA) has last week announced that it has issued two documents – the Financial Reporting Practice Guidance No. 1 of 2014 (FRPG) as well as Practice Direction No. 2 of 2014. Bzecorp, a Singapore company registration specialist, […]

Why Should You Set Up Your Regional HQ in Singapore?

Southeast Asia presents a unique opportunity for businesses worldwide to expand and grow. This promising region consists of some of the world’s most attractive economies, including Vietnam, Indonesia, and Singapore. With the impressive choices available, where exactly should you set up your regional headquarters (HQ) for your firm? Singapore has always been a leading location […]

What Is a Nominee Director and Why Do I Need One?

When do you need a nominee director? If you’re considering incorporating a new company, you may need a nominee director to fulfil certain laws. If you’ve heard of nominee directors but are unsure of what they do, this is a great guide to find out more! What is a nominee director? A nominee director is […]