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Sig Tax & Accounting
  • Sig Tax & AccountingJul 02, 2024
Increase in EP Salary Threshold from January Next Year! Act Fast to Move to Singapore!

On March 4, 2024, the Singapore government announced significant adjustments to the Employment Pass (EP) policy. Effective from January next year, the EP salary threshold will rise from SGD 5,000 to SGD 5,600 per month. Notably, for the financial services sector, the threshold will increase to SGD 6,200 per month. This article aims to analyze […]

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Sig Tax & Accounting
  • Sig Tax & AccountingAug 19, 2024
New Singapore Family Office Tax Incentive Policy: Background Checks Become Key

Hello everyone, today we will discuss the latest tax incentive policy for Family Offices in Singapore. Recently, Lianhe Zaobao published an important update stating that, effective October 1, 2024, Family Offices in Singapore applying for tax incentives must submit a background check report conducted by one of the six screening service providers designated by the […]

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