CP’s Trip to Australia with Resimax
Just last month, CP had a trip to Australia to meet up with our business partner, an Australian-based property company. They offer all-encompassing services with regards to the property sector. We have been working with this company to enter the investment scene in Australia and there are plans for trips in the coming months. On […]
1 January 2020 GST Charges on Imported Services
With effect from 1 January 2020, there will be a Goods and Services Tax (GST) levied on imported services. Currently, GST only applies to local suppliers and not overseas ones. In a bid to level the GST treatment, the change in GST charges was announced by Minister of Finance in Budget 2018. The regime […]
Amid US-China Trade conflict, Singapore to Face a Recession in the Next Quarter
According to research done by Maybank Kim Eng, it is likely that Singapore’s economy will face a “shallow technical recession” in the next quarter, Q3, with the worsening global trade outlook. The escalating US-China Trade war is straining Singapore’s highly export-reliant economy with its growth projected at 1.3% this year, below the official government’s […]
Quarterly Company Dinner
CP’s quarterly company dinner at Grand Mercure Singapore Roxy. With a scrumptious spread of Singaporean delights in a vibrant and welcoming atmosphere, how can this not be the best company dinner! If you like durians, be sure to try out their sinfully rich durian paste which completely stole the show for us. Undoubtedly, the […]
Changing Business Constitution or Ownership in Singapore
What exactly does changing your business constitution or business ownership entail and how do you go about doing so? Essentially, what it means is that there is a transfer of business from one entity to another. The transferor will be the previous business constitution/owner, with the transferee being the new business constitution/owner. For example, […]
Elevate Productivity to a Higher Level
Whether it be on an individual level or on a corporate level, we often find ourselves looking for ways to become more effective and efficient. If you could not only reduce the time it takes, but also produce higher quality work, wouldn’t you want to? We have lined up 8 ways in which you can […]
Structural Revamping for Acquisition – Semiconductor Company
Project Done By CP CP Accounting provided related consultancy and restructured the financial accounting and management system of our Singapore-based client. New reporting systems and management systems were implemented to create a simplified yet comprehensive workflow in the company. We provided internal training for the staff to better equip them with the know-how to meet […]
Proposal for a Company’s International Expansion
Project Done By CP CP Accounting was engaged to deliver a proposal for the company’s potential expansion beyond Singapore’s borders which included an analysis of the demographics of our neighbouring country, Malaysia and the possible gaps in the market that they could target. The proposal also comprised of an execution plan to facilitate greater ease […]
Counterfeit Singapore Dollar Bills in Circulation
Following several reports of counterfeit $100 and $50 bills over the months of March to May, the Singapore Police Force (SPF) have arrested 3 men who are now facing charges for offences regarding the counterfeit bills. The public was notified and advised on Tuesday (11 June) to be careful of such fake bills. How […]
Budget 2019 Overview for SMEs & Start-ups
Impact on Start-ups and SMEs Budget 2019 is centered around the notion of building a sound micro-economic foundation to work hand-in-hand with a supportive macro-economic environment to establish a vibrant and innovative economy for the continual progress and success of our nation. It highlights ways in which help will be given to support startups […]