If you are looking to apply or renew your Employment Pass (EP), 2026 is a year of note. Key changes have been made to the Complementarity Assessment (COMPASS) framework, which may affect your application. COMPASS is a points-based system used to assess EP applications, in which applicants are required to obtain at least 40 points […]
As a global business hub, foreign companies often view Singapore as a gateway to enter the Asian market. Businesses looking to set up a company Singapore can choose from 3 corporate structures — subsidiary, branch office and representative office. Choosing the right structure for your company involves selecting one that best aligns your company’s goals […]
Singapore is one of the most tax-friendly places for expats: no capital gains, no inheritance tax, and foreign income kept offshore is generally tax-free. But how much you pay is not fixed. Your residency, pay structure, and exit timing all factor into how much you pay. Tax Residency Status Firstly, you must determine whether you […]
Expatriates in Singapore may receive overseas income that has already been taxed in another country. Without relief, this same income could be taxed again in Singapore, resulting in double taxation. To prevent this, Singapore provides a Foreign Tax Credit (FTC). What is FTC? The Foreign Tax Credit (FTC) is a system which allows Singapore tax […]