Foreign entrepreneurs establishing a Singapore company must appoint at least one director who is ordinarily resident in Singapore. Where the foreign shareholder does not have… Read More »Nominee Director in Singapore: Responsibilities, Duties and Risks
When a company pays insurance premiums for its directors or employees, the tax treatment depends on the type of policy, the beneficiary, whether the insured… Read More »Tax Treatment of Insurance Premiums for Directors and Employees in Singapore
Singapore’s Variable Capital Company (VCC) framework provides a flexible corporate structure for investment funds. However, establishing and operating a VCC involves comprehensive Know Your Customer… Read More »Singapore VCC KYC Requirements: A Practical Compliance Guide
A company incorporated in Singapore is not automatically a Singapore tax resident. Under Singapore tax law, a company’s tax residency is determined by where the… Read More »Singapore Company Tax Residency Assessment: Requirements and Certificate of Residence
The Singapore Employment Pass (“EP”) is a work pass for foreign professionals, managers, executives and technicians who have suitable qualifications, professional experience and a qualifying… Read More »Singapore Employment Pass Application: Requirements, COMPASS and Application Process
Singapore has implemented the Global Anti-Base Erosion (“GloBE”) rules under Pillar Two of the OECD’s international tax framework. The new rules apply to financial years… Read More »Registration for Multinational Enterprise Top-up Tax and Domestic Top-up Tax in Singapore
Empowering Businesses and Global Talent in Singapore EA Licence No. 25C3170 We are pleased to announce that Ascend Corporate Service Pte. Ltd., a MOM-licensed Employment… Read More »Ascend Corporate Service Pte. Ltd. Launches Comprehensive Employment Pass and Work Pass Services in Singapore
Ascend Corporate Service is thrilled to announce a partnership with DBS Bank, one of Asia’s leading financial services groups. This collaboration aims to streamline and… Read More »Ascend Corporate Service Partners with DBS Bank to Enhance Client Banking Services
Authorized Vendor for Trademark Registration Congratulations! Our firm has been listed by Intellectual Property Office of Singapore (IPOS) as Authorized Vendor for trademark registration, from… Read More »Authorized Vendor for Trademark Registration
Should You Open a Digital Corporate Account? If the company currently does not have bank accounts with local traditional banks, you may need digital bank… Read More »Digital bank accounts with Airwallex
