Singapore Monthly Guides2025-11-24T17:54:04+08:00
  • Why Is Singapore’s Record 2025 Private Sector Growth a Strategic Moment for Foreign Entrepreneurs?
    6 min readLast Updated: November 24, 2025

    Singapore’s labour market continues to expand, but wage growth is projected to slow sharply in 2026, creating a rare window for founders to build teams at more sustainable cost levels. For new and foreign-owned companies, this shift offers a strategic opportunity to establish operations before manpower pressures rise again.

  • Can You Still Get a Singapore Employment Pass in 2025? A Practical Guide for Expats Under the New Rules
    5 min readLast Updated: November 24, 2025

    Worried about whether you can still qualify for a Singapore Employment Pass in 2025? This guide breaks down the new S$5,600 salary requirement, COMPASS scoring rules, and practical strategies expats can use to maximise approval under the updated framework.

  • What and How the Latest MOM Employment Pass Changes Affect Your EP Renewal
    6 min readLast Updated: November 24, 2025

    From 1 September 2024, all Employment Pass renewals in Singapore must pass the COMPASS Framework — making renewals significantly stricter and more data-driven than before. This guide explains what has changed, how COMPASS scoring affects your foreign talent, and what employers must do now to avoid renewal rejection.

  • How Your Singapore Company Can Claim S$40,000 in Tax Savings and Cash Support in 2025
    9 min readLast Updated: November 24, 2025

    Singapore’s Budget 2025 offers companies up to S$40,000 in tax savings and cash support through the Corporate Income Tax Rebate and Cash Grant scheme. This guide explains how your business can qualify, maximise the benefits, and strengthen cash flow going into 2025.

  • What Are the Must-Have GST Requirements for Newly Registered GST Companies in Singapore? (2025 Guide)
    8 min readLast Updated: November 24, 2025

    Starting November 2025, all newly registered GST companies in Singapore must adopt InvoiceNow, the nationwide e-invoicing system mandated by IRAS. This new requirement streamlines tax compliance, enhances data accuracy, and ensures businesses stay fully aligned with Singapore’s digital GST framework from day one.

  • Why Foreigners Trust Professional Accounting Firms for Nominee Directors in Singapore (2025 Guide)
    7 min readLast Updated: November 24, 2025

    Foreign entrepreneurs in Singapore often rely on trusted accounting firms to provide nominee directors who safeguard their business reputation and ensure full compliance with ACRA and banking regulations. By partnering with a licensed Corporate Service Provider like Paul Hype Page & Co., foreigners can avoid legal risks, maintain transparency, and build a credible foundation for long-term business success.

  • Singapore AML/CFT 2025: How Businesses Can Stay Compliant with MAS and ACRA Regulations
    8 min readLast Updated: November 24, 2025

    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.

  • How to Setup A Singapore Representative Office
    4 min readLast Updated: November 24, 2025

    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.

  • What are the Types of Partnerships in Singapore?
    4 min readLast Updated: November 24, 2025

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

  • Navigating Compliance & Risk in Singapore: Integrating IIA’s New Internal Audit Standards
    7 min readLast Updated: November 24, 2025

    Integrating the IIA’s updated Internal Audit Standards with Singapore’s National Risk Assessment (NRA) creates a powerful framework for businesses to enhance their risk management and governance practices. This integration ensures compliance with both global best practices and local regulatory requirements, boosting credibility and investor confidence.

  • Unlocking Startup Funding: A Deep Dive into Singapore’s Licence One (Business Grants Portal) & What It Means for Your Early Stage Business
    6 min readLast Updated: November 24, 2025

    The Business Grants Portal (BGP) in Singapore is an essential tool for early-stage startups, streamlining access to multiple government grants, licenses, and permits through a single platform. It offers significant funding opportunities for entrepreneurs, helping them grow their businesses smarter, faster, and more efficiently.

  • Choosing Between a Branch or Subsidiary in Singapore
    5 min readLast Updated: November 24, 2025

    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

  • Opening a Corporate Bank Account in Singapore: A Complete Guide
    4 min readLast Updated: November 24, 2025

    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.

  • Understanding the Unique Entity Number (UEN) in Singapore
    5 min readLast Updated: November 24, 2025

    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.

  • What is SSIC Code & ROC in Singapore?
    5 min readLast Updated: November 24, 2025

    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.

  • How To Setup A Sole Proprietorship In Singapore
    9 min readLast Updated: November 24, 2025

    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.

If I’m planning to incorporate in Singapore, should I align this with my hiring timeline?2025-11-20T15:38:01+08:00

Yes. For most new companies, payroll forms the largest recurring cost. Incorporating during a period of slower wage growth allows founders to structure teams more efficiently, onboard early hires at predictable cost levels, and build operational stability before future wage increases return.

Which industries benefit most from lower wage pressures in 2026?2025-11-20T15:38:01+08:00

Labour-intensive and service-driven sectors see the greatest benefit, including consulting, digital marketing, back-office support, logistics, and customer service roles. Tech and finance still show healthy competition, but wage moderation has made it easier for startups to secure support and mid-level talent at sustainable rates.

Does moderating wage growth signal economic weakness in Singapore?2025-11-20T15:38:01+08:00

Not in this context. Wage moderation in Singapore is linked to post-pandemic normalisation, improved productivity, and better talent availability—not declining demand. The broader labour market is still expanding, meaning businesses can expect stability rather than contraction.

Will slower wage growth make it easier for SMEs and foreign entrepreneurs to hire talent?2025-11-20T15:38:02+08:00

Yes. When wage pressure cools, employers typically see a steadier flow of applicants and more reasonable salary expectations. This helps new SMEs and foreign-owned companies compete more effectively against larger firms when recruiting for roles in operations, sales, finance, and technology.

How does moderating wage growth in 2026 affect new companies in Singapore?2025-11-20T15:38:02+08:00

Moderating wage growth means salary increases are stabilising after several years of rapid inflation-driven jumps. For new companies, this creates more predictable hiring costs, reduced manpower pressure during the early stages, and a better opportunity to build foundational teams without facing intense salary competition.

If I’m planning to incorporate in Singapore, should I align this with my hiring timeline?2025-11-20T15:38:01+08:00

Yes. For most new companies, payroll forms the largest recurring cost. Incorporating during a period of slower wage growth allows founders to structure teams more efficiently, onboard early hires at predictable cost levels, and build operational stability before future wage increases return.

Which industries benefit most from lower wage pressures in 2026?2025-11-20T15:38:01+08:00

Labour-intensive and service-driven sectors see the greatest benefit, including consulting, digital marketing, back-office support, logistics, and customer service roles. Tech and finance still show healthy competition, but wage moderation has made it easier for startups to secure support and mid-level talent at sustainable rates.

Does moderating wage growth signal economic weakness in Singapore?2025-11-20T15:38:01+08:00

Not in this context. Wage moderation in Singapore is linked to post-pandemic normalisation, improved productivity, and better talent availability—not declining demand. The broader labour market is still expanding, meaning businesses can expect stability rather than contraction.

Will slower wage growth make it easier for SMEs and foreign entrepreneurs to hire talent?2025-11-20T15:38:02+08:00

Yes. When wage pressure cools, employers typically see a steadier flow of applicants and more reasonable salary expectations. This helps new SMEs and foreign-owned companies compete more effectively against larger firms when recruiting for roles in operations, sales, finance, and technology.

How does moderating wage growth in 2026 affect new companies in Singapore?2025-11-20T15:38:02+08:00

Moderating wage growth means salary increases are stabilising after several years of rapid inflation-driven jumps. For new companies, this creates more predictable hiring costs, reduced manpower pressure during the early stages, and a better opportunity to build foundational teams without facing intense salary competition.

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