Are Corporate Service Providers Becoming Obsolete in the Age of AI?

Over the past few years, the corporate services industry has been undergoing a quiet — yet radical — transformation. Automation, artificial intelligence (AI), and digital platforms are taking over tasks once handled manually by Corporate Service Providers (Corp-Secs). This raises a provocative question: Are CSPs becoming obsolete in the AI era? Or can they still remain […]

How to Secure Funding for Your Startup Without Losing Equity

Hey there, fellow entrepreneurs! Let’s face it: securing funding for your startup can be a daunting task. But what if you could grow your business without giving up control? That’s right; we’re talking about raising capital without losing equity. In this post, we’ll dive into some fantastic non-dilutive funding strategies that will help you keep […]

3 THINGS TO KNOW before hiring employees in Singapore

1. Work Visas for Foreign Employees Thinking of hiring in Singapore?Buckle up! This isn’t just about shaking hands and signing contracts. Singapore has strict regulations to keep its job market balanced. If you’re bringing in talent from overseas, you’ll need to navigate the work visa maze. Let’s break it down. a. Employment Pass (EP) – […]

“ACRA’s Role in Fostering a Business-Friendly Environment in Singapore”

Have you ever watched a football match without a referee? Hopefully not, because it would be total chaos! Without a ref to keep things in check, players could break the rules as much as they wanted—fouls everywhere, arguments nonstop, and a game that’s anything but fun to watch. There’d be no clear winner, no fair […]

What is the biggest hurdle in corporate accounting for Singaporean companies?

Good afternoon, this is Tilkoblet Singapore.According to ACRA’s 2022/2023 Annual Report, as of March 2023, there are 575,000 businesses operating in Singapore, managed by 1,210 certified public accountants and 720 public accounting firms.https://www.acra.gov.sg/docs/default-source/default-document-library/acra-annual-report-2022-2023.pdfAmong the Commonwealth nations in East Asia, Hong Kong still holds the top position in terms of the number of registered businesses. However, […]