Corporate Services

17/06/2026

📢 Last month, ACRA automatically migrated all registered entities to the new SSIC 2025 business activity classification system.

✅ The revised classification adds new codes for emerging business sectors, including green economy activities and restructures the information and communications sector.

📨 Most companies will see no impact and require no further action. However, some will have received a notification from ACRA that their code has been changed. In this case, it’s worth checking your Bizfile!

📋 If the converted code no longer accurately reflects what your company actually does, you should file a change of SSIC. It's a straightforward update, but one worth making before it affects anything.

Your company’s SSIC code isn’t just an administrative label. It influences:

→ Licensing referrals when you register or update your business

→ Eligibility for government grants and schemes

→ How your business is classified in national statistics

👉🏻 Check more business and regulatory updates in our monthly news guide: https://www.corporateservices.com/singapore-regulatory-update-may-2026

Read the May 2026 Singapore regulatory update on directors’ duties, false filings, SSIC 2025, EP renewals, AI scam detection, and AI agents.

09/06/2026

📊 Many Singapore companies face accounting issues that can result in compliance problems, incorrect filings, penalties, or cash flow disruptions.

✅ We've put together the most common accounting pitfalls, along with practical steps to prevent them.

❓ Have doubts about whether your Singapore company is making these accounting mistakes? Swipe through 👉🏻

🛠️ The fixes aren't complicated. But they do require consistency.

📖 Want to learn more about accounting in Singapore? Read our full article on accounting regulations, compliance requirements, and practical guidance to help you run a financially sound business: https://www.corporateservices.com/singapore/accounting-in-singapore/

03/06/2026

📚 Another case from our India-Singapore DTAA case study series, where we break down real cross-border tax scenarios. In this case, we show exactly how appointing a Singapore-based director plays out for your Indian company, tax-wise.

🌏 It's a popular move for Indian companies targeting regional expansion into Southeast Asia, yet the tax implications are often overlooked. So we created this infographic to give you a heads-up on what to expect. 👉🏻

✅ Understanding the DTAA mechanics helps you stay aware of all the possible outcomes for your business that may arise from such an appointment, and helps avoid unexpected tax costs on cross-border fee arrangements.

🪄 Try your scenario with our AI TaxTreatyWizard: https://www.corporateservices.com/singapore/singapore-india-dtaa-tax-calculator

28/05/2026

🤔 Singapore company with an Indian resident on your Board? Wondering how director’s fees are taxed under the India-Singapore DTAA?

🌏 This is a common situation as more companies strengthen their India presence through local board appointments. Under the DTAA, the tax treatment of such director’s fees involves specific rules in both countries, including withholding at source and the availability of foreign tax credit.

✅ Understanding the DTAA mechanics can save you significant compliance headaches and help optimise costs.

👉🏻 Check out our latest case study to see how the tax works in practice and how double taxation is avoided.

🪄 We built the AI TaxTreatyWizard exactly for these cross-border questions, get clear answers in seconds instead of digging through treaty articles: https://www.corporateservices.com/singapore/singapore-india-dtaa-tax-calculator

27/05/2026

🌙🕌 Selamat Hari Raya Haji! 🕌🌙

🙏 Wishing all our clients, partners, and team members commemorating Hari Raya today, a blessed and joyful celebration!

✨ May this special day of reflection and gratitude bring you joy, peace, and precious moments with your loved ones! ✨

☀️ Have a wonderful and restful day!

20/05/2026

🇸🇬 🤖 Today, as Singapore hosts the Asia Tech and AI Summit 2026 bringing together global leaders, it's worth stepping back and asking: what does it actually look like when a country gets serious about AI?

🚀 Earlier this year, the Singapore government launched a set of national AI initiatives, which clearly sends the message: AI isn't a future priority, it's current infrastructure. And Singapore is actively shaping the conditions for AI to succeed: with policy, investment, and institutional accountability aligned.

🎯 Another step forward on its goal, Singapore released an updated National AI Strategy this month, which allocates more than S$1 billion over five years to fund public AI research and talent development to advance the nation's AI capabilities.

💪🏻 Singapore is confidently moving from AI aspiration to ex*****on, building a future where technology enhances productivity, inclusivity, and competitiveness.

15/05/2026

🌱 Understanding cross-border dividend taxation is essential for Indian investors backing Singapore-based startups.

📖 Our recent case-study illustrates a common situation: an Indian investor holding equity in a Singapore AI tech company receives income in dividends.

👉🏻 Check out our infographic for more insights on cross-border taxation rules and how the Singapore-India DTAA applies in this scenario.

🤔 Curious how this applies to your situation?

🪄 Our AI TaxTreatyWizard runs through the numbers instantly and provides reasonable explanations to your most pressing questions regarding cross-border taxes. Try it yourself: https://www.corporateservices.com/singapore/singapore-india-dtaa-tax-calculator/

13/05/2026

🚨 Did you know about the GST InvoiceNow Requirement?

From 1 April 2026, all new voluntary GST registrants, regardless of incorporation date or business structure, must submit invoice data to IRAS via the InvoiceNow network.

❓ What is InvoiceNow?

It’s Singapore’s nationwide e-invoicing network based on the Peppol standard. It allows businesses to send and receive invoices easily in a structured digital format.

What this means in practice:

🔹 Get your Peppol ID

🔹 Activate InvoiceNow on your accounting software (Xero and QuickBooks both support it)

🔹 Be ready to issue structured e-invoices from Day 1

🎉 The good news? SMEs can claim up to S$1,000 in government grants to cover onboarding costs!

🙌🏻 At CorporateServices.com, we help businesses manage these regulatory changes seamlessly. We’re here to make sure you get it right from the start.

👉🏻 Stay updated on the latest business and regulatory updates in Singapore, check out our monthly news guide: https://www.corporateservices.com/singapore-regulatory-update-april-2026/

Key April 2026 regulatory changes for Singapore companies, including director penalties, CIT rebate updates, GST InvoiceNow, grants, and AI risks.

11/05/2026

🇸🇬 Thinking of Relocating Your Company to Singapore?

More and more foreign founders and business owners are choosing Singapore as their new operational base, and it’s easy to see why.

This strategic move can position your company closer to key Asian markets while benefiting from Singapore’s business-friendly environment, stable ecosystem, strong infrastructure, and access to a top-tier talent from across Asia.

❓ But how does the relocation actually work in practice?

👉🏻 In practice, company relocation is usually not a single filing, but a coordinated legal, tax, and operational transition carried out in stages. See the infographic below for a clear step-by-step breakdown of the relocation process.

📘 For a deeper dive into each stage, read the full guide here:
https://www.corporateservices.com/singapore/how-to-move-foreign-company-to-singapore/

📩 If you’re considering this transition, our team is ready to support you with company registration and relocation services. Feel free to reach out, our registration specialists are here to help make the process smooth and compliant.