The Monetary Authority of Singapore (MAS) has introduced comprehensive updates to its AML/CFT framework, tightening compliance standards across financial institutions and Corporate Service Providers (CSPs). These reforms aim to strengthen transparency, accountability, and risk management — reinforcing Singapore’s position as a trusted global financial hub.

An SSIC code—a five-digit, hierarchical identifier based on ISIC—categorizes your business’s principal activities for ACRA registration, licensing, and grant or loan applications in Singapore. Learn how to find, select, and update your SSIC code on BizFile+ to stay compliant, unlock tax incentives, and avoid costly classification errors.

Setting up a business in Singapore, there are a few entities you can choose from. The most popular would be a private company.

Discover how Singapore’s Unique Entity Number (UEN) streamlines your company incorporation by serving as a single, permanent identifier for all interactions with ACRA, IRAS, and other government agencies.

Considering setting up a representative office in Singapore? Find out more in this article for permitting activities, requirements, documents and timeline for a successful establishment.

Establishing a sole proprietorship in Singapore comes with its own set of pros and cons, and this article provides comprehensive details of the incorporation process.

Expanding your business into Singapore? Our brief guide here streamlines the process of registering a branch office in Singapore and explains details on the taxation of Singapore branch office

Singapore remains a top destination for holding companies, offering international investors strategic advantages like favorable tax policies and a strong legal framework. This guide provides essential insights for foreign entrepreneurs looking to establish and manage a holding company in Singapore.

If you are planning to set up business in Singapore, opening a corporate bank account is one of an important steps. In this article, we will cover the requirements, as well as, the tips and tricks of opening a successful corporate bank account.