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UEN
Incorporation

UEN Number in Singapore: 10 Essential Things You Need To Know About It

Unique Entity Number (UEN), is a 9 or 10 digit unique identification number that is issued by the government in Singapore primarily via the Accounting and Corporate Regulatory Authority (ACRA) to all entities operating within the country.

It is an important number that is used to uniquely identify each registered entity so that they can conveniently interact with different government agencies under a single identification number, from filing corporate tax returns to applying for import and export permits.

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Singapore Tax

How do I file my personal income tax returns in Singapore?

Confused about whether you have any personal income tax filing obligations in Singapore? And on how to file your personal income tax returns? We discuss the basics of personal income tax filling below. Do I have to file personal income tax returns if I didn’t have any income? People are often unsure about whether they

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Singapore Tax

What is Estimated Chargeable Income (ECI)?

Confused about the mandatory Estimated Chargeable Income (ECI) filling requirement? Read on to learn the Who What Where When Why (and How) of ECI brought to you by LOL. WHAT is ECI? ECI stands for Estimated Chargeable Income and is an estimate of a company’s chargeable/taxable income for a Year of Assessment (YA) after deducting

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Accounting

Why Startups and SMEs Should Move to Cloud Accounting

In the last few years, there has been a clear trend of companies moving to cloud based solutions to run their businesses. From CRM systems to Customer Service solutions, HR solutions and Project Management solutions, a plethora of cloud based B2B tools and options have sprung up to make managing your business easier. One of

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Incorporation

Why Indian Companies Should Incorporate in Singapore

As the world becomes increasingly borderless and markets transcend geographical boundaries, it is important for business owners and entrepreneurs to think beyond the traditional idea of starting your company in your own hometown. You should think about starting or moving your company to a place that gives it the best chance for success and yet

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Incorporation

What are the different ways to structure your business in Singapore?

If you’re looking to start a business in Singapore, you may be wondering what is the best business structure to use. The legal structure is an important consideration that can affect the level of personal liability, tax rates, credibility in the market, as well as ability to expand and raise money. This is LOL’s guide

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