BizFile was introduced in Singapore over 15 years ago and it was considered as a serious innovation in government communication with the business. Presently, ACRA is being utilized to make online data management simple, swift, and efficient.
Saudi Arabia’s vision 2030 was developed in 2016 and was centered on three primary themes – a vibrant society, a thriving economy and an ambitious country. The iconic vision was built by the Council of Economic and Development Affairs, which is chaired by Deputy Crown Prince Mohammed bin Salman.
Singapore is widely recognized for its highly-efficient and competitive tax system, which lets companies, partnership firms, sole proprietor and entrepreneurs (individuals) enjoy low tax rates and several types of tax relief. The Inland Revenue Authority of Singapore (IRAS) is the central tax administrator of the country.
Singapore is known for transparency in its government and its Accounting policies and procedures. Accounting in Singapore is governed by strict rules, regulations, guidelines, and more that are established by Singapore’s government.
9/10 times setting a business in UAE mainland requires a tie up with a local sponsor or a local service. Local Sponsors in Dubai, UAE take care of continuity of the company in UAE. A fact about the Local Sponsor or LSAs is that you cannot expect any civil responsibilities from their end towards the business they are sponsoring.