Quarter 4 is now upon us, and unfortunately the impact from Covid-19 continues to present challenges. When the crisis arrived with a bang in Q1 this year, we hoped, and in many cases anticipated that by the end of Q3,…
Dear Clients and Friends Yesterday, Singapore announced its “Solidarity Budget” to address the Covid-19 crisis. This was the second supplementary budget in less than two weeks, a sign of the issues already facing the economy and the government’s willingness to…
Dear Clients and Friends On March 26 the Singapore Government released a second supplementary “Resilience Budget”, providing an additional SGD 48 billion to help households and businesses weather the Covid-19 situation. We’ve summarised below the key measures which may assist…
The introduction of the Goods & Services Tax (GST) in Singapore has led to lower corporate and personal income tax rates, and also delivered a steady stream of revenue for the government. But many business owners are still unsure if…
Singapore’s reputation as a lucrative business gateway to Southeast Asia is undoubtedly bolstered by its low corporate income tax rates and its long list of tax incentives. With one of the lowest effective tax rates in the world, and a…
For many businesses entering Asia, Singapore is the preferred location to set up and use as their springboard for the region. The choice was for many years between here and Hong Kong, but unless there are very specific reasons otherwise,…
At the crossroads between East and West and the centre of Asia, Singapore is a natural location to start and build a business. Government support and encouragement of the startup sector has always been strong: between 2012 and last year,…
We are excited to welcome two new staff members to Stepping Stone’s team in Singapore, adding to our experience and knowledge base including in corporate finance and tax. Together with opening our Hong Kong office earlier this year, this demonstrates…
