Outsourcing
An outsourcing partner that helps you play to your strengths.
You will find insights on various topics by our Mazars Outsourcing professionals. For more information, please contact Chris Fuggle, our Head of Outsourcing.
New COMPASS scoring system for Employment Pass application
Singapore will introduce a new points-based Complementarity Assessment (COMPASS) framework for Employment Pass application and renewals.
Mazars in Singapore promotes new Outsourcing director Joanne Chong
We are pleased to announce the promotion of Joanne Chong to Director to further strengthen our outsourcing services in Singapore, with immediate effect.
Mazars is the lead advisor to Latitude Financial Services in its business expansion to Singapore
It is with great pleasure to announce that Mazars has assisted Latitude Financial Services (Latitude) in its successful business expansion into Singapore and the region.
Singapore Introduces Register of Nominee Shareholders
Early this year, Singapore has passed The Corporate Registers (Miscellaneous Amendments) Bill with a view to strengthen our corporate regime and infrastructure to combat money laundering & terrorism financing. As Singapore is a member of the Financial Action Task Force, the proposed amendments are in line with the International Standards set by FATF.
Singapore will raise the minimum qualifying salary for new Employment Pass and S Pass applicants
In the Budget 2022 announcement on 18 February, Finance Minister Lawrence Wong announced that the minimum qualifying salary will be raised by S$500 for Employment Pass and S Pass applicants from September this year.
Corporate secretarial compliance in Singapore: Setting your Private Limited Company up for success #SetUpforSuccess
Ensuring compliance is essential for all companies, not just the ones listed on the stock exchange. The corporate environment is constantly evolving, making the challenges of corporate governance in the privately held business sector greater than ever.
Unlocking trust: why global compliance is on the Singapore business agenda
Compliance has long been a cornerstone of good business practice. But it can still be viewed as an obligation to be met rather than a driver of value. That’s why we conducted a survey of how business leaders approach global compliance, including where they focus investment, the risks they anticipate and what they expect from ‘good compliance’.
SSIC Code Conversion Exercise
The Department of Statistics has recently introduced the fourteenth edition of the Singapore Standard Industrial Classification (SSIC). SSIC is the national standard for classifying economic activities undertaken by economic units and is used in censuses of population, household and establishment surveys and in administrative databases.
Work pass holders, dependants from higher-risk places can enter Singapore from Aug 10 if fully vaccinated
From 10 August 2021, work pass holders and their dependants with travel history to higher risk countries/regions can start applying for entry approval, on the condition that they must be fully vaccinated before arrival in Singapore.
New M FIN series to be introduced from 1 January 2022
The Immigration & Checkpoints Authority (ICA) will introduce a new Foreign Identification Number (FIN) series with the prefix M from 1 January 2022.