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When registering a company in Singapore, every business is required to declare its Singapore Standard Industrial Classification (SSIC) code. Many business owners view the SSIC as a simple registration requirement. In reality, it plays an important role in regulatory compliance, banking, licensing, taxation, and government support programmes.

On 8 July 2026, a case that shook the industry came to light: a former corporate service provider employee, despite having left the job, remained stuck as the appointed director of more than ten companies. The reason? The foreign shareholders behind those companies had gone unreachable, leaving the nominee unable to legally resign.

Understand Singapore Withholding Tax in 2026, including payment-date rules, filing deadlines, DTA relief, Certificate of Residence requirements, penalties and electronic refunds.

Singapore’s Circle Line Stage 6 has opened with three new MRT stations: Keppel, Cantonment and Prince Edward Road. Learn how CCL6 improves commuting, business connectivity and access to the Greater Southern Waterfront.

As digital assets continue to grow globally, the cross-border movement of crypto-assets, transaction records and ownership information are increasingly being brought into the international tax transparency framework.

Turnover hasn't hit S$1 million yet? Don't get complacent — the InvoiceNow era has begun. Business owners and finance leaders: do you assume that as long as your company's turnover stays below a certain figure, GST registration is something you can put off? If so, you may be sitting on a hidden compliance risk. In 2026, Singapore's GST rules — especially the registration thresholds and digitalisation requirements — have changed significantly. This article breaks down those updates so you can pinpoint exactly when GST registration kicks in and avoid unnecessary penalties and business disruption.

Compliance is a critical part of running a company in Singapore. A recent enforcement case highlighted by ACRA serves as an important reminder to company directors, business owners, and corporate service providers: authorising a filing does not remove the responsibility to ensure that the information submitted is true, accurate, and properly authorised.

Singapore's position as a leading global wealth management hub has solidified in recent years, leading to an explosive growth in the number of Single Family Offices (SFOs). However, as the market environment evolves and regulatory requirements tighten, the Monetary Authority of Singapore (MAS) has significantly shifted its policy direction regarding the 13O and 13U tax incentive schemes. Moving away from a strategy of "scale expansion," MAS is now emphasizing "quality enhancement" and "economic substance.