Why start a business in China?

Why start a business in China?

Rapid economic growth attracts investors to China and private entrepreneurs who are ready to develop production and service companies in the country. Those interested in opening new business in China should decide on the field of activity and then on a specific region. At the same time, ensure that the type of activity you are

What is GST?

What is GST?

What is the GST? It is a unique tax registration number for the supply of goods and services in the countries where the GST operates. By the GST regime in force in some countries, all registered taxpayers are combined into one single platform within each country to comply with legislation on goods and services tax.

How Do I Have to Register my Company Name?

How Do I Have to Register my Company Name?

Company name registration Singapore is one of the promising ways to start a business in Asia. The Republic of Singapore is one of the Four Asian Tiger Countries that have shown very high rates of economic development. The city-state is located in Southeast Asia and borders Malaysia and Indonesia. Among the main advantages of the

What do I Need to Open a Company Bank Account in Singapore?

What do I Need to Open a Company Bank Account in Singapore?

Singapore, as a state, was formed relatively recently. Due to the need for large-scale investments, the country’s authorities decided to provide banking services to clients worldwide. Singaporean banks have an extremely high level of confidentiality, security of funds, and quality of services to achieve world-class competitiveness. Over time, the banking sector has developed so much

How to start a small business in China?

How to start a small business in China?

In the giant Chinese market, you can find many inexpensive and high-quality goods and get inspired by China business ideas. China can be compared to the world’s factory, where virtually everything that can come to mind is produced. The ‘Made in China’ inscription can be found on almost all products in the middle and cheap

New XBRL filing requirements from May 1st, 2021

Companies will be required from May 1st, 2021 to prepare their XBRL financial statements in accordance with the Accounting and Corporate Regulatory Authority’s practice direction no. 2 of 2020. This will provide a simplified procedure for smaller companies to ensure easier compliance with data elements required to complete XBRL filing. Please feel free to get

Accounting and Corporate Regulatory Authority (ACRA) confirm extension of COVID-19 temporary measures for company meetings

On April 9th, 2021, ACRA confirmed that the COVID-19 temporary measures for company meetings would be extended from beyond June 2021. These measures will therefore allow companies to continue to hold and carry out their board/general meetings: By permitting notices and all documents to be tabled at board/general meeting to be provided electronically or by