Requirements in relation to Registrable Controllers, Nominee Directors and Nominee Shareholders Unless exempted, all companies incorporated in Singapore and foreign companies registered in Singapore are required to comply with the Companies Act 1967 relating to Registrable Controllers, Nominee Directors and Nominee Shareholders. The legislative provisions have extra-territorial effects as they apply to all natural persons,
Goods and Services Tax changes wef 1 January 2023
Changes in Standard GST rate wef 1 January 2023 The standard Goods and Services Tax (“GST”) rate in Singapore will be increased on 1 January 2023 and 2024 from the existing 7% to 9% in the following manner: a. 1 January 2023 – Increase in standard GST rate from 7% to 8%, and b. 1
