Singapore GST Registration: A Complete Guide for SME Owners in 2026
By ContactOne Team · Updated 27 May 2026 · 15 min read Singapore GST Registration: When You Must, When You Should, and When You Shouldn’t If your business turnover is approaching or has crossed S$1 million, GST registration stops being optional. But for everyone else, the question of whether to register voluntarily is one of […]
InvoiceNow and GST Registration in Singapore
By ContactOne Team · Updated 21 May 2026 · 14 min read InvoiceNow and GST Registration in Singapore: What Business Owners Need to Know in 2026 If you have applied for GST registration recently, or are thinking about it, you have probably come across a new requirement that did not exist a few years ago: […]
Cloud Accounting vs Traditional Bookkeeping
Cloud Accounting vs Traditional Bookkeeping: What Actually Makes Sense for Your Singapore Business? By ContactOne Team · Updated 20th March 2026 · 10 min read Walk into any accounting conversation today and you will hear the same thing: cloud accounting is the future, everyone is moving to Xero or QuickBooks, and if your books are […]
Basics of Record Keeping for Company
A CRASH COURSE ON RECORD KEEPING for SMALL BUSINESS OWNERS In this article, you will gain a basic understanding of what are the starting steps to maintaining transactional records for small businesses. This article is suitable for first time business owners who have no experience on how to get their record keeping going. Ingredients […]
Concept of Accounting
A Brief Explanation of Accounting for SMALL BUSINESS OWNERS In this article, you will gain a basic understanding of what are the general concepts of bookkeeping and accounting. Please note that accounting is a subject that graduates took at least 3 years to learn the tools, and plenty of years to hone their accounting skills […]
The Financial Statements
Introduction to FINANCIAL STATEMENTS In this article, you will learn what are Financial Statements, and a brief introduction to the compilation process. Types of Financial Statements There are 2 types of financial statements – An audited financial statements and an unaudited financial statements. For exempt private limited companies / small companies eligible for audit […]
Do I Outsource or Hire My Own Accountant?
We will be frank here. If you’ve checked most of the pointers below, you will be better off doing the accounts and tax yourself, or probably only need certain specific services from us. I have bookkeeping experience from my past profession or working experience and I am confident that I am capable of managing the […]
Singapore Tax Rates
In this section, you will learn about the tax rates for the major taxes applicable in Singapore. A. Singapore Corporate Tax The headline corporate tax rate in Singapore is 17%. This rate is considered one of the lowest in economically advanced countries in the world. Headline rate refers to the highest tax rate in […]
Understanding Corporate Tax in Singapore
In this section, you will be introduced to the corporate tax in Singapore. The corporate tax system is applicable to all companies. This system is not applicable for Sole Proprietorship and all forms of Partnerships. Corporate Tax in Singapore The headline corporate tax rate in Singapore is 17%. This rate is considered one of the […]
