Unsecured Business Loan Company in Singapore, Promotional Mortgage Loan Singaporehttp://adhoc.smart-towkay.comSat, 04 Apr 2626 01:49:43+08:00en-ustowkay@smart-towkay.comCopyright (C) 2020 SMART-TOWKAY Pte. Ltd. All rights reserved Before we get into the case, a quick primer for new readers. SmartLend is not a lender. It’s a loan aggregator platform — a marketplace where lenders pick up applications and liaise with borrowers directly. There is no broker fee. Borrowers apply once, and qualified lenders come to them with competing offers.http://adhoc.smart-towkay.com/blog/view/445-10-lenders-said-no-smartlend-found-the-one-who-said-yes-in-3-daysWed, 01 Apr 2626 09:27:51+08:00445 We dug through the official EnterpriseSG pages, Budget 2026 factsheets, and WSG programme details so you don’t have to. Here’s the no-fluff version.http://adhoc.smart-towkay.com/blog/view/444-singapore-sme-grants-2023-2026-what-actually-changed-and-what-nobody-tells-youMon, 30 Mar 2626 05:45:50+08:00444 Singapore's SMEs endured the worst approval environment in five years through 2024 — then watched rates fall sharply through 2025. Just as relief looked locked in, a war in the Persian Gulf is threatening to undo it. Here is what the data actually says.http://adhoc.smart-towkay.com/blog/view/443-why-sme-loan-approval-rates-dropped-to-70-and-what-the-iran-war-means-for-2026Tue, 17 Mar 2626 09:15:11+08:00443 Real-life SME credit comeback stories in Singapore. Learn how SmartLend helped three business owners rebuild from bad credit scores like HX, HH, and HZ to become bankable again through smart financial strategies and personalized guidance.http://adhoc.smart-towkay.com/blog/view/442-real-cbs-makeovers-3-case-studies-of-sme-owners-who-turned-bad-credit-aroundThu, 13 Nov 2525 06:25:06+08:00442 Find out why your SME loan was rejected and learn how to fix cash flow, credit score, and bank issues to boost approval chances.http://adhoc.smart-towkay.com/blog/view/441-ask-smartlend-why-did-my-sme-loan-get-rejectedMon, 03 Nov 2525 06:38:20+08:00441 SmartLend introduces its new Concierge Service — a personalized, expert-guided option that helps SMEs secure financing easily, while maintaining our zero platform fee promise. Choose between self-serve or concierge-assisted loan applications, both built on transparency and trust.http://adhoc.smart-towkay.com/blog/view/440-introducing-smartlend-concierge-a-helping-hand-for-sme-loansFri, 24 Oct 2525 05:29:50+08:00440 Singapore’s corporate income tax is a flat 17% on chargeable income. While 17% is already among the lowest rates globally, many small and medium enterprises (SMEs) end up paying even less thanks to special tax schemes. In fact, Singapore provides partial tax exemptions that significantly reduce the effective tax rate for smaller companies. For example, under the partial tax exemption scheme, 75% of the first S$10,000 of profit and 50% of the next S$190,000 are exempt from tax. This means an SME with S$200,000 in taxable profit would enjoy S$102,500 of that amount tax-free under the exemption.http://adhoc.smart-towkay.com/blog/view/439-legal-ways-to-lighten-your-company-s-tax-burden-in-singaporeFri, 17 Oct 2525 03:53:03+08:00439 “It’s my company – I can do what I want.” This common misconception has led many founders and directors astray. Some entrepreneurs mistakenly believe that owning or starting a company puts them above the rules meant for mere employees. In reality, Singapore’s laws hold all directors to strict duties of honesty, diligence, and loyalty – and breaching those duties can have ruinous consequences, even for founders and majority shareholders.http://adhoc.smart-towkay.com/blog/view/438-a-wake-up-call-on-director-duties-the-envy-saga-and-other-cautionary-tales-in-singaporeFri, 10 Oct 2525 06:08:44+08:00438 The site supervisor’s phone buzzed with another message. “Ah Tan, if salaries don’t come by this week, none of the workers will show up on Monday.” Tan, the owner of a mid-sized construction firm in Singapore, felt his stomach drop. A delayed payment from a main contractor had left him short on cash for payroll.http://adhoc.smart-towkay.com/blog/view/437-surviving-cash-flow-crunch-how-smes-can-use-short-term-financing-wiselyFri, 26 Sep 2525 04:32:27+08:00437 Many of these digital lenders will extend up to S$150 000 using nothing more than a credit‑bureau report and the directors’ Notices of Assessment (NOAs) for income verification. This streamlined process provides quick access to working capital, but it also creates a breeding ground for syndicates to game the system, as they can pair high‑credit individuals with shell companies and slip forged documents past automated underwriting.http://adhoc.smart-towkay.com/blog/view/436-unmasking-business-loan-fraud-how-syndicates-and-rogue-brokers-game-singapore-s-lending-system-and-how-ai-can-stop-themThu, 14 Aug 2525 02:38:37+08:00436 Running a successful business does not always mean getting easy access to financing. That is something a recreational fishing pond operator in Singapore learned the hard way.http://adhoc.smart-towkay.com/blog/view/435-from-rejection-to-60k-approval-in-3-days-how-a-fishing-pond-business-got-funded-despite-a-flawed-credit-reportFri, 01 Aug 2525 09:01:34+08:00435 Poss Capital offers two main financing solutions. The first is Quik, an unsecured business loan with funding amounts up to S$100,000. The second is Payd, an invoice financing solution that advances up to eighty percent of the invoice value.http://adhoc.smart-towkay.com/blog/view/434-lender-spotlight-how-poss-capital-and-smartlend-partnered-for-singapore-smesThu, 10 Jul 2525 09:01:45+08:00434 When urgent financial needs arise for your business, where do you turn first? Is it your bank, a fast-cash moneylender, or one of the new alternative platforms offering business loans in just days? In 2025, borrowers in Singapore have more financing options than ever before.http://adhoc.smart-towkay.com/blog/view/433-which-lender-is-right-for-your-business-in-2025-banks-money-lenders-or-alternative-financeWed, 02 Jul 2525 09:01:59+08:00433 SmartLend is proud to feature Bizcap as part of our Lender Spotlight Series — showcasing innovative lending partners changing the way SMEs access funding. Read more...http://adhoc.smart-towkay.com/blog/view/432-lender-spotlight-bizcap-brings-flexible-sme-lending-to-singaporeThu, 26 Jun 2525 09:02:24+08:00432 That SMEs form the backbone of Singapore’s economy is a well-worn phrase. Yet many of them are facing hidden pains when it comes to accessing capital. As the data from Linkflow’s 2024 SME Finance Accessibility Survey shows, there are deep structural strains in Singapore’s SME ecosystem.http://adhoc.smart-towkay.com/blog/view/431-how-smartlend-helps-seasonal-businesses-maximise-peak-season-revenueWed, 25 Jun 2525 09:04:05+08:00431 Employing foreigners for your SME is an essential component that really adds growth to your business as well as enhance diverse skillsets needed for the economy. To employ such skilled foreign workforce, there are certain statutory requirements as an employer that you must provide in the employment contract before hiring employees in Singapore.http://adhoc.smart-towkay.com/blog/view/318-employment-of-foreign-manpower-act-7-things-you-must-know-before-hiring-foreign-worker-in-singapore-2025-updatedWed, 25 Jun 2525 09:03:36+08:00318 This guide provides practical tips and insights tailored for non-bank financial companies, peer-to-peer platforms, and fintech licensed lenders, helping borrowers secure the best possible rates in a transparent, data-driven way.http://adhoc.smart-towkay.com/blog/view/430-smartlend-tips-for-securing-best-private-credit-business-loan-ratesMon, 28 Apr 2525 09:04:16+08:00430 As Singapore celebrates its 60th year of independence(SG60), Budget 2025 introduces a robust suite of measures designed to empower SMEs to navigate economic uncertainties, adopt transformative technologies, and secure long-term growth.http://adhoc.smart-towkay.com/blog/view/429-singapore-budget-2025-what-sme-owners-need-to-knowThu, 20 Feb 2525 09:04:25+08:00429 While Mari Business Loan (Credit Line) still offers competitive interest rates in the market, its standout advantage is the absence of processing and annual fees, which significantly reduces the overall cost as highlighted above. This benefit is particularly valuable for businesses who need funds on an ad hoc basis, as it allows for more flexible financial planning. While both Mari Business Loan (Credit Line) and overdraft facilities have similar drawdown availability and no early repayment fees, Mari Business Loan (Credit Line) eliminates account opening fees, further enhancing cost savings.http://adhoc.smart-towkay.com/blog/view/428-review-maribank-a-mari-business-loan-credit-line-do-i-need-a-business-credit-lineMon, 09 Dec 2424 09:04:36+08:00428 Although the MAS has provided principles-based recommendations for dealing with scam losses, banks are not required by law to repay clients. According to the MAS rules, banks are supposed to serve consumers fairly and to have effective mechanisms in place for fraud identification and prevention. However, final accountability is determined by whether the consumer has fulfilled their own duties. This article will examine Singapore's major banks' stance on reimbursement rights for scam and fraud victims, as well as where other nations stand on compensation for scam and fraud victims.http://adhoc.smart-towkay.com/blog/view/406-banks-in-singapore-do-they-reimburse-losses-from-scams-and-fraudFri, 25 Oct 2424 09:04:45+08:00406 One potential stopgap might be to offer internships to students or graduates from a relevant field, which may help to tide over staffing needs while also providing practical experience to a new generation of the workforce. Are there any grants available for hiring interns?http://adhoc.smart-towkay.com/blog/view/248-singapore-businesses-guide-to-hiring-interns-grants-for-interns-2024-updatedThu, 17 Oct 2424 09:04:58+08:00248 “Credit” generally refers to the ability to borrow money or access goods and services with a promise to pay later. Paying on credit terms can come in handy during cash-tight periods when you are in need to pay off a big-ticket item. However dire financial effects can happen if you abuse the use of credit and do not use it responsibly.http://adhoc.smart-towkay.com/blog/view/427-understand-the-basics-of-credits-and-how-to-avoid-getting-into-bad-debtWed, 16 Oct 2424 09:05:07+08:00427 According to the Personal Data Protection act (PDPA) it is mandatory for many organizations to designate a data protection officer - DPO. Learn more here.http://adhoc.smart-towkay.com/blog/view/306-comprehensive-guide-to-data-protection-officer-what-sme-owners-need-to-know-updatedTue, 24 Sep 2424 09:06:03+08:00306 Credit fraud has become such a prevalent issue that it affects not only on the individual levels now. Fraudulent organisations are now enhancing their tactics to target big institutions such as banks, bringing up their scam games to a whole new level.http://adhoc.smart-towkay.com/blog/view/426-how-to-avoid-being-a-victim-of-credit-frauds-scamsWed, 28 Aug 2424 09:06:18+08:00426 In roles where employees have access to sensitive information or valuable assets, background checks are essential for safeguarding against theft, fraud, or misuse of company resources. Read more here.http://adhoc.smart-towkay.com/blog/view/424-why-do-employers-conduct-background-screeningWed, 31 Jul 2424 09:06:24+08:00424 Corporate compliance encompasses a broad spectrum of legal, ethical, and regulatory obligations that businesses must adhere to. It involves establishing and maintaining internal controls, policies, and procedures to ensure conformity with applicable laws, industry standards, and organizational values.http://adhoc.smart-towkay.com/blog/view/425-corporate-compliance-in-singapore-guide-for-smes-and-businessesTue, 30 Jul 2424 09:06:34+08:00425 What happens when this partnership starts feeling less than, well, partner-like? Is it time to switch to an experienced corporate service provider as your corporate secretary partner to ensure your company’s compliance with Singapore company law and to better guide the directors of the company?http://adhoc.smart-towkay.com/blog/view/423-should-i-switch-my-corporate-secretary-partnerThu, 20 Jun 2424 09:06:43+08:00423 The Moneylenders Credit Bureau Report (MLCB) is crucial. Why? Since July 1, 2021, for the moneylending businesses, the Ministry of Law (MinLaw) has designated CBS as the new operator of the Moneylenders Credit Bureau (MLCB) by providing comprehensive information about an individual's loan history, credit standing, and financial situation.http://adhoc.smart-towkay.com/blog/view/410-comprehensive-guide-to-understanding-moneylenders-credit-bureau-mlcb-loan-information-reportMon, 10 Jun 2424 09:06:57+08:00410 This article is your essential guide to understanding pawn shop loans in Singapore, covering their workings, benefits, risks, and alternatives. Pawn shops offer a unique lending service that does not involve credit checks, therefore, your credit score remains unaffected. Whether you are dealing with a bad credit score or simply seeking an alternative to conventional banking products, learn more.http://adhoc.smart-towkay.com/blog/view/422-pawn-shop-loans-everything-you-need-to-know-in-singaporeThu, 09 May 2424 09:07:08+08:00422 A credit report is a comprehensive record of your credit payment history compiled from different retail banks and major financial institutions. Credit Bureau Singapore (CBS) collects these credit data amongst participating members to allow credit providers to evaluate the likelihood of the consumer repaying before extending a loan out to you.http://adhoc.smart-towkay.com/blog/view/421-how-to-understand-your-credit-reportThu, 25 Apr 2424 09:07:19+08:00421 Starting this 1st December 2024, all employers must have a system in place for employees to formally request FWAs. This could be a web form, an email address, or a designated HR contact. No more awkward conversations – you'll have a clear channel to make your case for a more flexible schedule.http://adhoc.smart-towkay.com/blog/view/371-what-s-new-release-of-tripartite-guidelines-for-flexible-work-arrangements-in-2024Tue, 16 Apr 2424 09:08:34+08:00371 To be accredited with PW Mark, employers need to pay Progressive Wages – at least the Progressive Wage Model baseline wages to eligible workers, and at least the Local Qualifying Salary to all other local workers. From 1 July 2024, the LQS will increase from $1,400 to $1,600 for full-time local employees, and from $9 per hour to $10.50 per hour for part-time local employees.http://adhoc.smart-towkay.com/blog/view/420-why-should-your-company-apply-for-the-pw-markThu, 11 Apr 2424 09:08:47+08:00420 The key components of the EEG include eligibility criteria for businesses, funding support for energy-efficient equipment, and a straightforward application process. Local small and medium-sized enterprises (SMEs) within certain industries can now potentially receive up to 70% or greater reimbursement by adopting green solutions for their energy-efficient equipment.http://adhoc.smart-towkay.com/blog/view/418-singapore-s-energy-efficiency-grant-eeg-for-f-and-b-manufacturing-and-retail-businesses-2024-editionMon, 01 Apr 2424 22:22:39+08:00418 Under the Deposit Insurance (DI) Scheme, SDIC provides insurance coverage for eligible deposits in the event of a bank failure, giving depositors peace of mind and confidence in the banking system.http://adhoc.smart-towkay.com/blog/view/419-all-you-need-to-know-about-singapore-deposit-insurance-corporation-sdic-wef-1st-april-2024Mon, 01 Apr 2424 22:22:32+08:00419 Do you know it's recommended that individuals initially transition to using debit cards for daily expenditures instead of immediately resorting to credit cards? This approach aids in curbing overspending tendencies and encourages a continual, conscious effort to spend within one's means.http://adhoc.smart-towkay.com/blog/view/417-how-to-rebuild-credit-after-bad-debtsWed, 13 Mar 2424 22:22:47+08:00417 The PWM works by setting clear wage standards and career progression pathways for workers in specific sectors. These standards are developed by tripartite committees consisting of representatives from the government, employers, and unions. The committees conduct research on the sector’s wage levels and job requirements, and then recommend minimum wage levels and skills training programs.http://adhoc.smart-towkay.com/blog/view/369-comprehensive-guide-to-progressive-wage-modelTue, 05 Mar 2424 22:22:59+08:00369 In this article, we will discuss the benefits of having multiple accounts for different purposes, provide tips for choosing the right bank accounts and managing them effectively, and highlight some common mistakes to avoid when using multiple accounts.http://adhoc.smart-towkay.com/blog/view/416-sme-matters-why-smes-in-singapore-should-consider-having-multiple-business-bank-accountsTue, 06 Feb 2424 22:23:06+08:00416 A banker's guarantee, also known as a bank guarantee or standby letter of credit, is a financial instrument provided by a bank on behalf of its customers. It represents the bank's guarantee to pay a particular amount of money to a beneficiary if the client fails to satisfy their contractual obligations or meet certain circumstances. What about Insurance Bond?http://adhoc.smart-towkay.com/blog/view/415-banker-s-guarantees-vs-insurance-bonds-what-you-need-to-know-in-2024Mon, 22 Jan 2424 22:23:14+08:00415 Do you really need a business loan broker in Singapore? Read our informative blog to get the answer of this question.http://adhoc.smart-towkay.com/blog/view/67-do-you-really-need-a-business-loan-brokerWed, 17 Jan 2424 22:24:19+08:0067 Read how to secure and improve low-revenue small business lending in Singapore through digital banks in 2023, helping SMEs post-pandemic. Find out more!http://adhoc.smart-towkay.com/blog/view/414-how-to-get-small-business-loans-with-low-or-smallish-revenue-in-singapore-2023-editionWed, 29 Nov 2323 11:53:19+08:00414 Embarking on the journey of choosing a digital bank account for your SME? The landscape is dynamic, and three contenders have been making waves: Anext, GLDB, and MariBank. In the realm of financial efficiency, each claims to offer unparalleled value. Let's navigate the features, benefits, and the bottom line to determine which digital bank account stands out as the ultimate bang for your SME buck.http://adhoc.smart-towkay.com/blog/view/413-which-digital-bank-account-is-most-valued-for-buck-for-smes-anext-bank-vs-gldb-vs-maribankMon, 27 Nov 2323 22:24:35+08:00413 BNPL (Buy Now, Pay Later) in Singapore lately has seen a rapid growth rate and a projected increase in market share. According to recent reports, the BNPL sector in Singapore has experienced a remarkable growth rate, indicating its rising popularity among consumers. It is algorithmically projected to continue its upward trajectory in the coming years, making it a major contender in the retail and e-commerce industries. The recent liquidation of Pace seems to indicate otherwise...http://adhoc.smart-towkay.com/blog/view/412-why-bnpl-is-not-as-sustainable-as-you-think-a-perspective-on-why-pace-failedFri, 10 Nov 2323 22:24:42+08:00412 Have you ever heard of Far East Organization? If you haven't, you might be surprised to learn that it is one of the largest real estate companies in Singapore. In fact, it's even made it onto the list of Singapore's 50 richest people. But what sets this company apart is its commitment to integrating Christian principles into its business operations.http://adhoc.smart-towkay.com/blog/view/411-from-values-to-value-how-far-east-organization-integrates-christian-principles-in-businessTue, 07 Nov 2323 22:24:53+08:00411 Read here the blog post Corporate Income Tax Filing Season 2023: 6 Things SMEs Need to Know. Visit us today for more details!http://adhoc.smart-towkay.com/blog/view/200-corporate-income-tax-filing-season-2023-6-things-smes-need-to-knowFri, 27 Oct 2323 22:25:00+08:00200 Entrepreneurship is a unique combination of traits and skills. While some entrepreneurs are born with these qualities, they often require training and practice to perfect them. This article explains what makes a certain type of business owners, and why you should consider becoming one.http://adhoc.smart-towkay.com/blog/view/337-business-characteristics-solopreneur-entrepreneur-and-small-business-ownerTue, 10 Oct 2323 22:25:07+08:00337 Getting started with a brokerage account in Singapore can be an intimidating process. However, it is important to understand the basics of how a brokerage account works and the potential benefits it can bring to your business. Interested in investing stocks? You should stick with this article and continue reading for more information below.http://adhoc.smart-towkay.com/blog/view/346-business-guide-getting-started-with-a-business-brokerage-account-in-singaporeFri, 06 Oct 2323 22:25:18+08:00346 When a company you've extended credit to faces insolvency, understanding the appropriate steps to take is crucial for safeguarding your interests and maximizing the chances of debt recovery. In this comprehensive guide, we'll walk you through the essential strategies and considerations for company insolvency in Singapore.http://adhoc.smart-towkay.com/blog/view/409-a-guide-for-creditors-dealing-with-insolvent-companies-in-singaporeWed, 04 Oct 2323 22:25:24+08:00409 Licensed money lenders in Singapore offer a wide range of loan options to cater to different financial needs. Read more below to explore the diverse range of loan options offered by licensed money lenders in Singapore.http://adhoc.smart-towkay.com/blog/view/408-comprehensive-guide-to-licensed-money-lender-in-singapore-2023Wed, 27 Sep 2323 22:25:33+08:00408 Workplace harassment is an issue that affects many employees across various industries. It can take many forms, including bullying, discrimination, and sexual harassment. In Singapore, the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) has developed guidelines to help companies prevent and manage workplace harassment.http://adhoc.smart-towkay.com/blog/view/407-what-to-do-when-you-re-being-bullied-at-work-steps-for-employeesTue, 26 Sep 2323 22:25:40+08:00407 One of the primary benefits of paying off your mortgage early in Singapore is the significant interest savings. Mortgages often come with high-interest rates, especially in the initial years. By making extra payments towards your mortgage principal, you can reduce the outstanding loan balance and save on interest payments over the mortgage loan term.http://adhoc.smart-towkay.com/blog/view/405-comprehensive-guide-to-benefits-and-drawbacks-of-early-mortgage-payoff-in-singaporeTue, 12 Sep 2323 22:25:48+08:00405 The latest development in Singapore's AML regulations includes the enhanced suspicious transaction reporting system, which now requires financial institutions and professional service providers to submit more detailed and accurate reports on any suspicious transactions.http://adhoc.smart-towkay.com/blog/view/404-anti-money-laundering-aml-in-singapore-what-are-the-compliances-and-regulations-2023-editionMon, 04 Sep 2323 22:25:56+08:00404 The initial phase saw the rate climb from 7% to 8% on January 1, 2023. The additional revenue generated from this increment will be channeled into bolstering healthcare outlays and ensuring the well-being of our senior citizens. With the goal of fostering a seamless transition to the new 9% GST rate, all businesses registered for GST must proactively initiate their preparatory measures.http://adhoc.smart-towkay.com/blog/view/403-what-sme-owners-need-to-know-comprehensive-guide-to-upcoming-singapore-gst-rate-adjustment-2024Wed, 30 Aug 2323 22:26:03+08:00403 The presidential election in Singapore is an important event that determines who will assume the largely ceremonial and community role of the country's head of state. In this article, we do a comparison of the presidential candidates and determine why and why you should not vote for the respective individuals.http://adhoc.smart-towkay.com/blog/view/402-who-should-you-vote-for-a-complete-guide-to-the-singapore-presidential-election-2023Wed, 23 Aug 2323 22:26:12+08:00402 Telegram channels have been set up to provide a wide variety of useful information for Singaporeans. This includes island-wide F&B deals, personal finance advice, and even job listings. Naturally, there also exist many telegram channels that business owners would find helpful.http://adhoc.smart-towkay.com/blog/view/234-best-telegram-channels-business-owners-in-singapore-should-joinThu, 17 Aug 2323 22:26:21+08:00234 The good news is that EP holders can indeed be shareholders in a company incorporated in Singapore. Singaporean laws do not impose restrictions on foreign employees owning shares in a company. This means that if you hold an EP, you have the opportunity to invest in a business and become a shareholder. What about S Pass?http://adhoc.smart-towkay.com/blog/view/401-can-s-pass-and-ep-holders-incorporate-a-company-in-singaporeTue, 15 Aug 2323 22:26:28+08:00401 Imagine effortlessly discovering sources that align with your passions – from niche hobbies to your favorite sports teams. Plus, gaining access to a channel is as simple as clicking on invite links shared through chats, emails, or online platforms.http://adhoc.smart-towkay.com/blog/view/400-what-s-new-for-your-business-passions-whatsapp-channels-in-singaporeFri, 11 Aug 2323 22:26:36+08:00400 Did you know PayNow Corporate charges is not free forever? In 30th Nov 2023, most fees waiver will cease for most Financial Institutions. Which are the banks?http://adhoc.smart-towkay.com/blog/view/285-2023-edition-paynow-corporate-a-complete-guide-on-what-you-should-knowThu, 10 Aug 2323 22:26:43+08:00285 If you're a director of a Singapore-incorporated private limited (Pte. Ltd.) or Limited Liability Partnership (LLP) business, you probably won't face personal liability for the debts of your business.http://adhoc.smart-towkay.com/blog/view/311-can-directors-be-liable-for-company-debts-in-singapore-if-they-pass-onFri, 04 Aug 2323 22:26:52+08:00311 Visit our blog for revenue-based financing in Singapore, which is a flexible funding option for business expansion without relying on debt or equity deals.http://adhoc.smart-towkay.com/blog/view/398-an-introduction-to-revenue-based-financing-in-singaporeWed, 02 Aug 2323 22:27:43+08:00398 Singapore aims to become chequeless by 2025. This means that there will be no more use of corporate cheques. The government has already aimed that they will stop issuing cheques from 2025 onwards.http://adhoc.smart-towkay.com/blog/view/320-use-of-corporate-cheques-will-be-available-no-more-by-2025Fri, 28 Jul 2323 22:27:51+08:00320 The SGUnited Mid-Career Pathways Programme aims to provide attachments and full-time training courses for mid-career job seekers, as the Covid-19 pandemic continues to affect Singapore economy and jobs of Singaporeans.http://adhoc.smart-towkay.com/blog/view/159-sgunited-mid-career-pathways-programme-job-attachments-available-for-mid-career-job-seekers-and-smes-2023-editionTue, 25 Jul 2323 22:28:01+08:00159 As we shuffle between meeting rooms and water coolers, it's no surprise that office romances can bloom. But what exactly is office romance? It's when the lines between professional and personal life blur, and sparks fly between colleagues, leading to romantic relationships within the workplace.http://adhoc.smart-towkay.com/blog/view/397-love-in-the-singapore-workplace-a-detailed-hr-and-legal-insight-singapore-editionFri, 21 Jul 2323 22:28:10+08:00397 When establishing a subsidiary company in Singapore, one of the key advantages is the concept of limited liability protection. In the event of financial or legal issues faced by the subsidiary, every individual shareholder's personal assets is safeguarded. This protection provides peace of mind and encourages business owners to take calculated risks without fearing personal financial ruin. Read more...http://adhoc.smart-towkay.com/blog/view/396-all-you-need-to-know-about-subsidiary-company-registration-in-singaporeTue, 18 Jul 2323 22:28:19+08:00396 The marketing scene has undergone a significant shift in recent years, with more businesses turning towards digital marketing as means of reaching their target customers. This shift begs the question: Are businesses wasting money on outdated marketing strategies like flyer distribution? Learn more now...http://adhoc.smart-towkay.com/blog/view/395-flyer-fatigue-are-businesses-wasting-money-on-outdated-marketing-strategiesMon, 10 Jul 2323 22:28:25+08:00395 Did you know that up to 20% of each employee's monthly wage in Singapore is put into their CPF accounts?http://adhoc.smart-towkay.com/blog/view/315-comprehensive-company-guide-cpf-contribution-for-employees-updatedTue, 04 Jul 2323 22:28:34+08:00315 The industry-wide transition will be implemented through two phases. The first phase involves allowing the customers to convert SIBOR retail loans to SIBOR-SCP (Convert or Switch) or another bank's prevailing package. This decision can be made during the active transition period. The second phase, which is the automatic conversion, will be triggered on June 2024.http://adhoc.smart-towkay.com/blog/view/394-transitioning-from-sibor-to-sora-key-changes-you-need-to-know-before-june-2024Mon, 03 Jul 2323 22:28:42+08:00394 With the push for all-electric vehicles, traditional workshop owners need to future-proof their businesses by investing in the correct vehicle hoist, equipment, and extensive training for their mechanics.http://adhoc.smart-towkay.com/blog/view/393-challenges-and-opportunities-how-singapore-s-push-for-all-electric-vehicles-affects-traditional-workshopsMon, 26 Jun 2323 22:28:58+08:00393 If you incorporate as a private limited company or Limited Liability Partnership (LLP), it provides your business with limited liability protection depending on the corporate entity being set-up, which means that the owners' personal assets are protected from creditors and lawsuits brought against the business.http://adhoc.smart-towkay.com/blog/view/332-guide-to-registering-a-business-and-setting-up-a-business-accountMon, 26 Jun 2323 22:28:51+08:00332 In Singapore's intricate property landscape, it's vital that individuals consult with industry professionals such as property agents, conveyancing lawyers, and property valuers to ensure SPA comprehension and appropriate use. Learn more...http://adhoc.smart-towkay.com/blog/view/392-understanding-the-importance-of-sales-and-purchase-agreement-spa-in-singapore-essential-tips-for-buyers-and-sellersThu, 22 Jun 2323 22:29:06+08:00392 A credit score is derived from your credit report, which denotes your credit reputation and trustworthiness. If you have a high credit score, you are deemed to be less likely to default on a loan payment, which can improve the chances of your loan application being approved as well as the terms of the loan itself.http://adhoc.smart-towkay.com/blog/view/247-understanding-your-credit-report-from-credit-bureau-singapore-business-owner-edition-2023Wed, 21 Jun 2323 22:29:16+08:00247 SkillsFuture Enterprise Credit (SFEC) is a program designed to support eligible employers in their workforce transformation and enterprise development efforts. The program aims to encourage employers to invest in their workforce by providing them with financial support for training courses and initiatives that align with their business goals.http://adhoc.smart-towkay.com/blog/view/391-understanding-skillsfuture-enterprise-credit-sfec-a-comprehensive-overviewMon, 19 Jun 2323 22:29:25+08:00391 This guide aims to provide comprehensive information to employers on how to navigate GPCL in Singapore. It covers everything from eligibility criteria to application procedures and offers valuable insights into the benefits of GPCL for both employers and employees.http://adhoc.smart-towkay.com/blog/view/390-navigating-the-government-paid-childcare-leave-gpcl-in-singapore-a-comprehensive-guide-for-employersFri, 16 Jun 2323 22:29:32+08:00390 Find the business banking accounts in Singapore considering fees, deposits, usability, backing and SDIC insurance for fund protection. Read here to know more!http://adhoc.smart-towkay.com/blog/view/389--2023-edition-the-best-business-banking-accounts-in-singaporeWed, 14 Jun 2323 22:29:42+08:00389 KETs refer to the fundamental terms and conditions of employment that an employer is required to provide to its employees. These terms cover the basic entitlements and benefits that are expected in an employment relationship. The inclusion of KETs in employment contracts ensures that both employers and employees have a clear understanding of the employment terms and their respective rights and obligations.http://adhoc.smart-towkay.com/blog/view/388-business-guide-key-employment-terms-kets-for-employee-contracts-in-singaporeWed, 24 May 2323 22:29:50+08:00388 Finding the best internships in Singapore is an exciting and competitive endeavor. With a robust job market and a wide range of industries, students and graduates have ample opportunities to gain valuable work experience. Here are some practical tips and resources to help you navigate the internship landscape in Singapore.http://adhoc.smart-towkay.com/blog/view/387-the-ultimate-guide-to-interning-in-singapore-how-to-find-the-best-internships-get-fair-pay-and-maximize-your-learning-journeyTue, 23 May 2323 22:29:57+08:00387 Unlock your unpaid invoices' potential with OCBC Short-Term Invoice Financing. Learn about eligibility, benefits, and how to apply with expert advice from Smart Towkay.http://adhoc.smart-towkay.com/blog/view/381-unlock-the-potential-of-your-unpaid-invoices-with-ocbc-short-term-invoice-financingFri, 19 May 2323 22:30:09+08:00381 As a Singaporean business owner, understanding the procedure for obtaining a garnishee order is of the essence in your efforts to recover outstanding debts and protect your rights. In this comprehensive guide, we will explore the step-by-step process outlined in Order 49 Supreme Court Rules, ensuring you have the necessary information to navigate through the legal complexities.http://adhoc.smart-towkay.com/blog/view/386-comprehensive-guide-how-to-obtain-a-garnishee-order-and-protect-your-rightsThu, 18 May 2323 22:30:15+08:00386 WhatsApp In-App Business Payments brings unprecedented convenience to Singapore-based business owners and entrepreneurs. By seamlessly integrating payments into daily communication with customers, you can streamline your transactions and enhance the overall customer experience. Gone are the days of juggling multiple apps or payment platforms; now you can simplify at the convenience of payments with just a few taps within the familiar WhatsApp interface.http://adhoc.smart-towkay.com/blog/view/385-complete-guide-to-whatsapp-in-app-payments-for-singapore-based-usersWed, 17 May 2323 22:30:23+08:00385 Complete Guide to Hiring Property Conveyancing Lawyer In Singaporehttp://adhoc.smart-towkay.com/blog/view/309-complete-guide-to-hiring-property-conveyancing-lawyer-in-singaporeThu, 11 May 2323 22:30:37+08:00309 Secure financing for your business needs with expert advice from Smart Towkay. Learn what you need to know before applying for a business term loan today.http://adhoc.smart-towkay.com/blog/view/382-what-you-need-to-know-before-applying-for-a-business-term-loanThu, 11 May 2323 22:30:30+08:00382 Creating a valid will in Singapore is essential to ensure that your wishes are carried out according to your intentions. It is especially important for business owners and SMEs who have accumulated significant assets during their lifetime. Without a valid will, the distribution of assets can be contested, and it may take a long time to resolve, causing unnecessary stress and financial strain on loved ones.http://adhoc.smart-towkay.com/blog/view/384-make-sure-your-voice-is-heard-how-to-create-a-valid-will-in-singaporeWed, 10 May 2323 22:30:45+08:00384 Converting a sole proprietorship or limited liability partnership (LLP) to a private limited company (Pte Ltd Company) in Singapore is a relatively straightforward process. It requires the business owners to go through the necessary legal and administrative steps, such as registering with the Accounting and Corporate Regulatory Authority (ACRA), acquiring the necessary licenses, and setting up the company's bank accounts. This guide will provide an overview of the steps that need to be taken in order to successfully convert your business from a sole proprietorship or LLP to a Pte Ltd in Singapore.http://adhoc.smart-towkay.com/blog/view/353-step-by-step-guide-on-how-to-convert-your-sole-proprietorship-or-llp-to-pte-ltd-in-singaporeTue, 09 May 2323 22:31:01+08:00353 Read about the process, requirements, account options and a step-by-step guide for a seamless experience on how foreigners can open a bank account in Singapore.http://adhoc.smart-towkay.com/blog/view/321-complete-guide-for-foreigner-opening-bank-account-in-singaporeTue, 09 May 2323 22:30:52+08:00321 Get expert guidance on start-up business loans in Singapore. Learn about eligibility, interest rates, collateral, government grants, and more with Smart Towkay.http://adhoc.smart-towkay.com/blog/view/383-guide-to-start-up-business-loans-in-singapore-2023-editionThu, 04 May 2323 22:32:19+08:00383 Whether you are running your business as a private limited entity or as a sole proprietorship, it is important that you are aware of your obligations as a GST-registered company, as well as the benefits and implications that come with it.http://adhoc.smart-towkay.com/blog/view/161-5-key-things-smes-need-to-know-about-being-gst-registered-2023Wed, 03 May 2323 22:32:46+08:00161 With GST, businesses can rest assured that they are paying the right amount of taxes while still having access to all the benefits that come with being a business in Singapore.http://adhoc.smart-towkay.com/blog/view/354-should-companies-voluntarily-register-for-gstWed, 03 May 2323 22:32:32+08:00354 An EOR acts as the legal employer of your staff, handling payroll, tax and other HR matters while allowing you to focus on your core business operations. In this guide, we will explore what an EOR is, how it works in Singapore, its benefits, and how to choose the right EOR for your business.http://adhoc.smart-towkay.com/blog/view/380-sme-guide-to-employer-of-record-services-in-singaporeTue, 02 May 2323 22:32:56+08:00380 While the ABSD was primarily targeted at the residential property market, it has also had an impact on the commercial and industrial property markets. In this article, we will explore how the ABSD increase may drive investors toward industrial and commercial properties.http://adhoc.smart-towkay.com/blog/view/379-with-the-recent-residential-absd-increase-announcement-will-it-drive-investors-to-industrial-and-commercial-propertiesFri, 28 Apr 2323 22:33:03+08:00379 The '99-to-1' property share split has been making headlines in Singapore due to its potential to circumvent ABSD, a tax imposed on those who own more than one property. While this loophole has been used by some buyers, the IRAS is currently investigating a group of home buyers who have used this scheme to avoid paying taxes. In this article, we will discuss the details of this scheme and answer some frequently asked questions about the IRAS investigation.http://adhoc.smart-towkay.com/blog/view/372-exploring-the-99-to-1-property-share-split-legality-and-risks-updatedThu, 27 Apr 2323 22:33:17+08:00372 If you participate in the programme, you can live in Malaysia for up to 10 years, with the option to renew the visa. So, why should you consider the MM2H programme?http://adhoc.smart-towkay.com/blog/view/378-is-malaysia-the-next-retirement-destination-for-singaporeans-a-look-at-recent-visa-and-pr-changesThu, 27 Apr 2323 22:33:10+08:00378 Navigating employee benefits in the ASEAN region can be a challenging task, but it's necessary for attracting and retaining talented employees including foreign and top-quality local talents. Singapore's employee benefits system is noteworthy for its inclusiveness, covering both mandatory and optional, but yet, valuable benefits.http://adhoc.smart-towkay.com/blog/view/377-navigating-employee-benefits-across-asean-what-sets-singapore-apartTue, 25 Apr 2323 22:33:24+08:00377 As a director or shareholder in Singapore, you may need funds to conduct daily business or meet personal expenses related to your role. In such cases, obtaining a loan from your company can be an attractive option, especially if the loan market is tight and banks are charging higher interest rates leading to tight lending market.http://adhoc.smart-towkay.com/blog/view/376-how-company-loans-to-directors-and-shareholders-work-in-singaporeThu, 20 Apr 2323 22:33:31+08:00376 Articles of Association, also known as bylaws or articles, are another legal document that outlines the internal rules and regulations of the company. While the Memorandum of Association is focused on the external structure and relations of the company, the Articles of Association deal with the internal management of the company. In other words, the Articles of Association govern how the company is run on a day-to-day basis.http://adhoc.smart-towkay.com/blog/view/375-everything-you-need-to-know-about-company-memorandum-and-articles-of-associationWed, 19 Apr 2323 22:33:38+08:00375 If you've started a new business and need internet, think about getting a business broadband plan. It's like home broadband but with extras for business needs.http://adhoc.smart-towkay.com/blog/view/256-everything-you-need-to-know-about-business-broadband-in-singapore-2023-editionMon, 17 Apr 2323 22:33:49+08:00256 What are the advantages of buying a commercial property? Your complete guide to Tax, GST, Buyer-Seller Stamp Duty and Financing of commercial property in Singaporehttp://adhoc.smart-towkay.com/blog/view/279-complete-guide-to-buying-commercial-property-in-singaporeFri, 14 Apr 2323 22:34:03+08:00279 In this guide, we'll take a closer look at what happens to your assets in the bankruptcy estate and what the trustee does with them. We'll also go over the important duties that you need to fulfill once the bankruptcy order is made, so you can make sure you're on the right track to a fresh start. Now, we know the legal jargon can be confusing, but don't worry, we'll break it down for you in simple terms. So, if you're feeling overwhelmed or lost in the bankruptcy process, keep reading and we'll help you navigate it step by step.http://adhoc.smart-towkay.com/blog/view/373-bankruptcy-in-singapore-a-comprehensive-guide-to-filing-and-moving-forwardWed, 12 Apr 2323 22:34:09+08:00373 In recent years, Singapore has taken steps to improve the healthcare and well-being of foreign workers. One of these initiatives is the mandatory implementation of a Primary Care Plan (PCP) for all eligible foreign workers. The PCP is a comprehensive healthcare plan that covers medical treatment, health screenings, and vaccinations for foreign workers in Singapore.http://adhoc.smart-towkay.com/blog/view/370-the-importance-of-the-mandatory-primary-care-plan-for-foreign-workers-an-employer-s-guideThu, 30 Mar 2323 22:34:18+08:00370 This mandate comes as part of the Complementarity Assessment Framework (COMPASS), which was introduced last year and takes effect in September for new applications, while for EP renewal applications, it will come into effect in September 2024. In this article, we will explore what can be expected from this additional requirement and how it will impact employers and foreign workers.http://adhoc.smart-towkay.com/blog/view/368-employment-pass-eligibility-educational-qualifications-is-required-by-september-2023Wed, 22 Mar 2323 22:34:24+08:00368 Enrolling in the Hawkers’ Development Programme offers numerous benefits to participants. It provides them with the necessary knowledge and skills to run their businesses more effectively, including marketing and financial management. Furthermore, the programme offers access to mentorship, networking opportunities, and potential funding sources, all of which can help participants grow their businesses.http://adhoc.smart-towkay.com/blog/view/367-comprehensive-guide-to-hawkers-development-programme-in-singaporeMon, 20 Mar 2323 22:34:30+08:00367 Singapore is currently facing an increasingly ageing population. As part of an effort to promote employment and retention for senior Singaporean workers, a S$1.3 billion Senior Worker Support Package was announced in this year’s Budget 2020http://adhoc.smart-towkay.com/blog/view/147-new-update-what-you-need-to-know-about-the-senior-worker-support-package-2023-up-to-s-125-000-grants-for-companiesFri, 17 Mar 2323 22:34:39+08:00147