Amidst legal, regulatory and tax changes in Singapore announced last year, what should businesses look out for in 2014?
- Accounting and Corporate Regulatory Authority (ACRA) requirements for most Singapore-incorporated companies to file their financial statements using the eXtensible Business Reporting Language (XBRL) format
- Singapore Exchange (SGX) introduced new listing rules promoting greater transparency in general meetings
- Wage Credit Scheme and the Productivity and Innovation Credit (PIC) schemes to reduce the reliance on foreign labour particularly in the sectors of construction, ship or rig building, hospitality and retail as well as food and beverage
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