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May 2021

 

Highlights

Employer of Record Services

One-stop EOR Solution

 

Stone Forest's newly launched Employer of Record (“EOR”) service helps foreign companies to source for and hire local employees according to Singapore’s labour regulations, and help to on-board them. We also help to handle HR related matters, such as payroll and HR advisory work, work pass applications, and administer employee benefits.

 

Click here to learn more

 

Driving Growth through Simplicity

 

Our go-digital strategy for clients starts from one aim - to help them drive growth through simplicity. From early stage to high growth enterprises, we combine the best practices in various critical core functions from accounting, finance to compliance, with the width and depth of experience to provide business owners with independent and grounded advice to help them succeed.

 

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Variable Capital Company

Setting Up your Variable Capital Company (“VCC”)

 

Managing funds can be complex, notwithstanding the many challenges in competing with the market, manage regulatory scrutiny, and manage stakeholders’ needs. Therefore, choosing the right service provider is crucial in helping you deliver your business strategies. VCC is a flexible corporate structure developed for investment funds to structure their open-ended and closed-end funds.

 

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Introducing CISO2SME – Your Cost-effective Cybersecurity Advisor, Operational and Compliance Specialist

 

Supporting your appointed Chief Information Security Officer (“CISO”), our team of experienced and certified cybersecurity practitioners will co-manage, secure and govern your cybersecurity programme while minimising digitalisation risks as your business transforms.

 

Click here to learn more

ABS OSPAR Attestation

PayrollServe Obtained ABS OSPAR Attestation for Four Consecutive Years

 

PayrollServe is proud to have obtained the ABS OSPAR Attestation for four consecutive years. This demonstrates PayrollServe’s capabilities in meeting stringent requirements for financial services in Singapore and the region.

 

Click here to learn more

 

MAS TRM Guidelines

MAS TRM Guidelines 2021 - Essential Action Items

 

With the enhancements made to the MAS Technology Risk Management (“TRM”) guidelines in January 2021, we have identified the essential action items that financial institutions will need to safeguard their businesses, clients and data.

 

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Accelerate your Legal Technology & Innovation (“TIR”) Roadmap

 

Transform into high-performing legal teams by leveraging the right technologies to simplify practice management processes, ensure business continuity and control costs and risks. Innovate and digitalise now with up to 80% EDG funding support. 

 

Click here to learn more

SBA Stone Forest in Hong Kong

 

We have expanded our footprint in Hong Kong in June 2020. With the new location, we are well-positioned to serve internationally active and growing businesses in Hong Kong, supporting every stage of their business life-cycle. 

 

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Insights

Global Family Office

Global Family Office Trends: Spotlight on Singapore

 

Singapore is fast becoming synonymous with family offices, with major operations here. 

 

Find out why.

 

NPOs – to Digitalise or not to Digitalise?

 

Let us look at how digitalisation can position non-profits as responsible, accountable, efficient, and transparent.

 

Click here to learn more

Transfer Pricing

Tax Alert – Transfer Pricing

 

COVID-19 has adversely disrupted many areas of businesses. The transfer pricing (“TP”) environment is of no exception. Find out how new measures can help taxpayers meet their TP compliance-related obligations in respect of related party transactions. 

 

Click here to learn more

 

 

Upcoming Event

Starting Up – What you need to know to Start Right 

 

Are you new to business or thinking about starting up a business in Singapore?

 

Knowing what is involved in starting a business is the first step to becoming a business owner. As a business owner, you should be aware of the key obligations and regulations in running a business. 

 

Our objective at this webinar is to help you start right on a profitable and sustainable entrepreneurship journey.  We will share the essentials you need to know to starting a business, some good practices to adopt, and some common mistakes to avoid so that you may start your journey smoother. 

 

Register here.

 

A Recap of Past Events

NPO - “Digital Transformation Playbook for Charities” Workshop

 

26 March 2021 – Organised by the Ministry of Culture, Community & Youth (“MCCY”), our IT services team, together with our NPO practice, once again brought NPOs through the "Digital Transformation Playbook for Charities". This virtual workshop helped charities understand the typical digitalisation journey of a charity. Find out more about our NPO services. 

 

New Faces

Vincent Wee

Vincent Wee

joins Stone Forest as Director, Business

Development. 

 

Click here to learn more

Jacky Chen

Jacky Chen

joins SBA Stone Forest as Partner, Audit.

 

Click here to learn more

Lynn Lv

Lynn Lv

joins SBA Stone Forest as Partner, Audit.

 

Click here to learn more

 

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