CTA: Download our "VCC for Family Offices" Whitepaper

Master Singapore VCC incorporation with our expert guide. From ACRA name application to MAS tax incentives and grant schemes, learn how to set up your investment fund efficiently. The Definitive Guide to Variable Capital Company (VCC) Incorporation in Singapore (2025/2026) | Bestar VCC Incorporation Guide: Strategy & Steps The Definitive Guide to Variable Capital Company (VCC) Incorporation in Singapore (2025/2026) Why the VCC is the "Gold Standard" for Singapore Funds Since

Advance Ruling on Economic Substance Status | Bestar Process for Applying for an IRAS Advance Ruling to get 5 Years of certainty on Economic Substance Status In 2026, navigating the tax landscape for Southeast Asian expansion requires more than just following rules—it requires certainty . The IRAS Advance Ruling (AR) system provides a formal, binding agreement on how the law applies to your specific structure before you commit significant capital. Here is the 2026 roadmap for

Crypto Accounting Services in Singapore: A Guide to Compliance and Growth | Bestar Singapore Crypto Accounting Compliance Guide Crypto Accounting Services in Singapore: A Guide to Compliance and Growth Singapore has firmly established itself as a global hub for digital assets. However, with the Inland Revenue Authority of Singapore (IRAS)  and the Monetary Authority of Singapore (MAS)  tightening regulations, specialized crypto accounting is no longer optional—it is a busines

Group Audits | Bestar Singapore Group Audit Guide This article provides a comprehensive guide to group audits in Singapore, structured for both search visibility (SEO) and user conversion (CRO). Master Guide to Group Audits in Singapore: Compliance & Strategic Benefits For holding companies and multinational corporations (MNCs) headquartered in Singapore, a group audit is more than just a regulatory box to tick. It is a critical mechanism for ensuring financial integrity acr

Switching Auditors in Singapore Process Guide | Bestar Singapore Auditor Switch Process Guide Changing your auditor is a standard part of corporate growth, but in Singapore’s strictly regulated environment, it requires precise adherence to the Singapore Companies Act and ACRA guidelines. This guide outlines the legal process, timelines, and best practices for a seamless transition in 2026. Why Companies Switch Auditors in Singapore While long-term partnerships offer stabili

Shareholder Dividend Options in Singapore | Bestar Shareholder Dividend Options in Singapore In Singapore’s corporate landscape, dividends are the primary way companies reward their investors. However, there are several scenarios—ranging from tax planning to reinvestment strategies—where a shareholder might prefer not  to receive a payout. 1. Can a Shareholder Waive Dividends? Under Singapore law and the Companies Act, the answer is yes . A shareholder can voluntarily choose

Private Trust Company (PTC) Incorporation | Bestar Singapore PTC Incorporation For Wealth Management Private Trust Company (PTC) Incorporation In the competitive landscape of wealth management, a Private Trust Company (PTC) in Singapore represents the pinnacle of control and privacy for Ultra-High-Net-Worth Individuals (UHNWIs). This guide outlines the incorporation process, regulatory exemptions, and strategic advantages of a Singapore PTC in 2026. What is a Singapore Priva

Understanding GST on Discounts and Rebates in Singapore | Bestar GST on Singapore Discounts and Rebates Understanding GST on Discounts and Rebates in Singapore Navigating Goods and Services Tax (GST) in Singapore can be tricky, especially when price reductions like discounts, rebates, and coupons enter the mix. For businesses, getting the Value of Supply right is critical to staying compliant with IRAS (Inland Revenue Authority of Singapore). Here is a comprehensive guide to

The 3-Month Fast Track: MAS Family Office Approvals in 2026 | Bestar MAS Family Office Approvals: 2026 Fast Track The 3-Month Fast Track: MAS Family Office Approvals in 2026 For the past few years, the narrative surrounding Singapore’s Single Family Office (SFO) landscape was defined by "the wait." High-net-worth families often faced timelines of 12 to 18 months to secure tax incentive approvals under Sections 13O and 13U. However, as of January 2026 , the Monetary Authority

When to Switch from "App-Only" to Audit-Ready Accounting | Bestar App-Only to Audit-Ready Accounting When to Switch from "App-Only" to Audit-Ready Accounting In the early stages of a Singapore startup, "App-Only" accounting—using a simple DIY app to track expenses and snap photos of receipts—is a rite of passage. It’s cheap, mobile, and gets the job done when your transaction volume is low. However, as you approach the April 2026 enforcement of the Corporate and Accounting L

Tax Filing

Navigating Insurance Accounting & Tax in Singapore: A Strategic Guide | Bestar Singapore Insurance Accounting & Tax Navigating Insurance Accounting & Tax in Singapore: A Strategic Guide In Singapore’s robust financial landscape, insurance companies operate under a rigorous regulatory framework. Balancing compliance with the Monetary Authority of Singapore (MAS) while optimizing for tax efficiency requires a deep understanding of both specialized accounting standards and loca

Common Mistakes in SFRS Compliance for Growth SMEs | Bestar SFRS Compliance for Growth SMEs Common Mistakes in SFRS Compliance for Growth SMEs In the competitive Singapore business landscape, Singapore Financial Reporting Standards (SFRS) compliance is often viewed as a "back-office" chore. However, for growth-oriented SMEs, financial transparency is the bridge to venture capital, bank loans, and successful exits. This guide outlines the most common SFRS compliance pitfalls

When does a Singapore company need a statutory audit?

Audit Requirements for Companies with >$10M Revenue | Bestar Audit Requirements for Companies with >$10M Revenue Singapore Audit Requirements for Large Companies In Singapore’s regulatory landscape, crossing the S$10 million revenue threshold is a significant milestone that often triggers a mandatory statutory audit. Under the Companies Act 1967 , the Accounting and Corporate Regulatory Authority (ACRA) mandates audits for companies that no longer qualify for the "Small Comp

Maximizing Growth: A Guide to Reporting on Grants and Incentive Schemes in Singapore | Bestar Reporting Singapore Grants and Incentives Maximizing Growth: A Guide to Reporting on Grants and Incentive Schemes in Singapore For Singapore-based businesses, securing a government grant—such as the Enterprise Development Grant (EDG)  or the Productivity Solutions Grant (PSG) —is a major milestone. However, the work doesn't end when the letter of offer arrives. Proper reporting and a

The Ultimate Guide to Cost-Effective Charity Audits in Singapore (2026 Edition) | Bestar How to Conduct a Cost-Effective Charity Audit in Singapore | 2026 Guide Learn how to reduce audit fees for your Singapore charity or IPC. Our guide covers CAS compliance, internal controls, and audit preparation tips to save you time and money. The Ultimate Guide to Cost-Effective Charity Audits in Singapore (2026 Edition) Cost-Effective Charity Audits Singapore For many Singaporean chari

Company Secretarial | Bestar Expert Guide to Company Secretarial Services in Singapore In Singapore’s highly regulated business environment, Company Secretarial services  are not just a legal formality—they are a strategic necessity. Whether you are a startup founder or an established SME, maintaining compliance with the Accounting and Corporate Regulatory Authority (ACRA) is critical to avoiding fines and protecting your business reputation. Why You Need a Company Secretary

Trade Union Audit | Bestar In the regulatory landscape of Singapore, Audit Guidance Statement (AGS) 5 (Revised)  serves as a critical framework for practitioners auditing entities in specific industries, including Trade Unions . The revised statement, updated to align with the Singapore Standards on Auditing (SSAs) and the Trade Unions Act, ensures that auditors provide a high level of transparency and accountability regarding the funds contributed by workers. 1. Scope and Ob