A company in Singapore is required to appoint at least one director resident in Singapore. In a key position in the company, directors are responsible for day-to-day managing the affairs of the company, defining its strategy and approving its annual budget. Eligible director A Resident Director under the Company Act is an individual who is a permanent resident or a Singaporean citizen, an EntrePass
While a company is usually created in a week or so in Singapore, it can take up to 6 months to open a bank account for your business. This issue is faced not only by some of MyBusiness in Asia’s clients but also by most foreign-owned companies willing to open a bank account in Singapore. With increased due diligence, Know Your Customers and Anti
Do you want to start or expand your business in Singapore? With a hassle-free solution, and an unbeatable price? You reached the right page! By becoming one of our clients, you can fully focus on your business growth while saving money and time! We manage everything for you, from A, to Z : company incorporation, tax matters, accounting and visa issues… With our
As you may know, MBIA recently launched it’s Digital Platform, to help you manage your business online. The platform was developed by BeCorps. Here is everything you need to know about the platform, and our partner company. Introducing Becorps Digital platforms are online solutions that enable multiple tasks to be performed in the same place through the internet. These platforms have become an essential
In order to encourage its expatriates, who left France to live in another country, to come back in France, the French government has implemented a favorable tax regime: Régime des impatriés. The regime is regulated under the article 155B of the French general tax code which provides a special tax regime for a limited period for employees and managers called by a company established
In Singapore, employers are required to issue to all employees itemized payslips, given together with the payment. We will tell you all about payroll and contributions in Singapore in 2022, here. Employers are also required to keep records of payslips for their current employees for the latest two years. For former employees, they need to keep the last two years of records, for one
