The SME Working Capital Loan (which has been subsumed under the Enterprise Financing Scheme), will be enhanced to increase the maximum loan quantum to S$1 million.
Financial statements are written records of the entity that provide its financial situation at a given point in time. These statements are used by the shareholders, investors, management, the board of directors, employees, suppliers, customers, bankers and other related stakeholders to get an overview of the financial results and condition of the business.
A trademark is a sign that one can use to distinguish their business’ goods or services from those of other traders. Trademark includes any word, name, symbol, device, or any combination, used or intended to be used to identify and distinguish the goods/services of one seller or provider from those of others, and to indicate the source of the goods/services.
It’s been nearly a year since President Mukesh Aghi of the USISPF (US-India Strategic and Partnership Forum) announced that 200 US companies are considering a move out of China into India after the 2020 general election. For those that are searching for a viable alternative to manufacturing base in the Communist nation, this is a tremendous opportunity for these companies. According to Aghi, these companies have been focused on investing in India since last year.
Singapore’s ease of doing business, transparent business and legal system, favourable business environment, advanced infrastructure and stable political environment have contributed to making this island nation a favourable destination for foreign investors to set-up their business. In order to maintain its dynamic business environment, the Singapore government requires all the Singapore company incorporations to abide by its audit and compliance regulations.