Blog

BUDGET 2023 – SINGAPORE GLOBAL ENTERPRISES INITIATIVE

17/02/2023

Introduced in 2022, the scheme offers promising companies specialised capability building programmes tailored to their needs. Enterprise Singapore will also support these firms to secure resources to execute their growth plans, and to build R&D capabilities. Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

Read More

BUDGET 2023 – SME CO-INVESTMENT FUND

16/02/2023

Efforts to help local enterprises scale up and be globally competitive: Mobilise investments into SMEs through Heliconia Capital. Heliconia Capital is a subsidiary of Singapore’s investment company Temasek Holdings. It focuses on supporting and investing in growth-oriented small and medium-sized Singapore companies. An additional $150 million will be set aside via the SME Co-Investment Fund… View Article

Read More

BUDGET 2023 – ENTERPRISE INNOVATION SCHEME

16/02/2023

Companies that invest in innovation, such as research and development (R&D), will be able to enjoy more tax deductions. Presently, businesses enjoy tax deductions of up to 250% on four types of innovation-related activities. These tax deductions will be raised to 400% on each of these activities, with a new activity added to the list…. View Article

Read More

Economic News

15/02/2023

Singapore keeps 2023 growth forecast as 2022 GDP comes in lower than estimated Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #GrowthForecast #GDP

Read More

BUDGET 2023 – Support for Singaporeans in 2023

15/02/2023

BUDGET 2023 SERIES Support for Singaporeans in 2023: What you can expect to get Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

Read More

Singapore Economic updates

15/02/2023

Household incomes in S’pore rose in 2022 but inflation has chipped away at growth Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Inflation

Read More

Singapore Budget 2023

04/01/2023

Budget 2023 will be announced in Parliament on 14 Feb 2023. Watch this space on that date! DPM Lawrence Wong to unveil Budget 2023 in Parliament on Feb 14 Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

Read More

Ministry of Law will be revoking the Meetings Orders

28/12/2022

Temporary option for companies to hold official meetings online will stop from July 2023 With effect July 2023, the Ministry of Law (MinLaw) will be revoking the Meetings Orders, which enable various types of entities to convene, hold or conduct meetings through electronic means. These include general meetings of companies, meetings for unit holders of… View Article

Read More

NEW WAGE GUIDELINES BY NATIONAL WAGE COUNCIL

23/11/2022

The NWC recommends a “fair and sustainable” rise in wages for the period from 1 Dec 2022 to 30 Nov 2023: Lower-wage workers who are earning a gross monthly wage of up to $2,200, are to get higher wage increments of 5.5 per cent to 7.5 per cent, or of at least $80 to $100…. View Article

Read More