Category: Finance

Services for Singapore’s Annual Returns, Tax, and Bookkeeping

We at Wan Consultants use our 37 years of expertise to deliver excellent outsourced accounting services & dependable tax advice to Singapore’s small and medium-sized enterprises (SMEs). Accounting, GST filing, payroll, financial statement preparation, tax calculation, and ACRA filing services for small companies in Singapore are provided by our team of experienced Chartered Accountants, and IRAS Accredited GST Advisors. Accounting services providers also provide incorporation, conversion to private limited business, GST registration, Work Permit, and S Pass and EP applications or renewals, Auto-Inclusion Scheme submissions, surveys, or applications for trademarks and licenses. Know all about sme accounting firm singapore.

Restaurants, F&B outlets, enrichment centers, renovation contractors, commission agents, manufacturing companies, cleaning services, and hair and beauty shops are a few of our many diverse clients. We also work with wholesale and retail traders, construction themes and sub, transportation and freight forwarding companies, and many other types of businesses. Construction contracts, investment holding taxes, and GST accounting for second-hand product sellers are some of our specialties.

For the first three years of a new company’s existence in Singapore, our accounting firm offers a 50% reduction on our secretarial rates.

Bookkeeping

In Singapore, directors of corporate companies are required to submit financial statements at the Annual General Meeting in compliance with the Companies Act.

Financial statements are produced following the Accounting Standards Council’s Financial Reporting Standards, which are accounting standards that were developed and applied. Singapore directors are highly urged to seek expert help while preparing yearly financial accounts.

  • For companies with more than 50 workers, an audit report must be filed
  • More than $10 million in assets
  • Annual revenue over $10,000,000

The Building Construction Authority, the Singapore Tourism Board, banks, or other creditors may seek an audit on an individual basis.

Accounts audits are not necessary for companies that are exempt from the obligations of the auditors’ audits. Small enterprises must provide an unaudited compilation of reports when it comes to AGMs and filing with ACRA/IRAS.

We will assign your company a multilingual, locally educated Chartered Accountant with over ten years of expertise in small business tax and accounting. In addition to a thorough explanation of our accounting procedures, a professional manager will provide advice on corporation tax and GST treatment.

Now is the time to turn to a reputable Wan-stop CPA company for all your accounting requirements. If you need tax advice in Singapore, go no further than Wan Consultants. If you are interested in learning further about our services and pricing, please contact us immediately, and we will get back to you as soon as possible. Alternatively, you may find the answers to your questions on our commonly asked questions page.

Research the best cardano nft projects and get remarkable benefits

Non-Fungible Tokens (NFT) is an outstanding cryptographic asset and it is based on blockchain technology. It has unique ID codes and metadata designed to set them apart from each other. It is used as a placeholder for real-world assets especially real estate and artwork.

Cardano is a popular open blockchain network. It is decentralized and open-source with the consensus attained utilizing proof of stake. It is designed to facilitate the peer to peer transactions with its internal cryptocurrency. It is a proof-of-stake blockchain platform.

Evidence-based methods were used to develop it and find it in peer-reviewed research. You can research the fundamentals of the best cardano nft projects as comprehensively as possible. You will get excellent guidance and fulfil your expectations about the successful approach for efficiently using the suitable cardano nft project.

Blockchain Technologies

The main attractions of the cardano nft projects

All visitors to the EGO are aware of the private token sale live and willing to know and keep in mind about how to successfully use the cardano nft projects. As a decentralized ecosystem designed for facilitating transactions, and giving professional and complete support for all NFT needs of customers, EGO has happy customers and very good recognition in this competitive sector.

This decentralized ecosystem is successfully built on the backbone of Plutus smart contracts. It is completely non-custodial as well as entirely decentralized.   It is a suitable time to know and keep in mind the best and upcoming cardano nft projects. You can concentrate on different things about the cardamom NFT projects and make positive changes in your approach for efficiently using the reliable resources associated with the nft.

Fulfil your expectations about efficiently using the cardano nft project

SpaceBudz is one of the most popular and recommended cardano nft projects. It is a collection of 10,000 unique NFTs based on the cardano ecosystem. It is founded by Alessandro, an NFT enthusiast, and creator of Nami wallet. It is very popular as it is the first Cardano nft that has successfully crossed the $1 million NFT sales.

Pavia is one of the best cardano nft projects today. It is a metaverse project built on the Cardano. There are more than 8300 landowners in Pavia. Each land parcel here is uniquely numbered Cardano NFT as per the coordination with Pavia. Pavia project is still in the early stage and working regularly to assist the community to get an in-game experience. You will get an array of benefits from properly using this system.

Understand the basic requirements for the apartment loans

Individuals can utilize the several types of loan which is available in the financial market. Families that live in a complex or building is called an apartment. Ownership of an apartment or building is ensured by purchasing one. Also, purchasing a building is beneficial because a person can borrow money based on its market value when taking out a loan. Apartment loans are available from a variety of sources, including pension funds, insurance companies, banks, and private lenders, who also grant commercial loans. Other types of commercial properties can also be financed by lenders, such as shopping mall, mobile home parks, etc.

Apartment is subject to commercial lending rules. In spite of this, the terms and conditions of such 매매잔금대출 vary depending on the loan provider. A few of the lenders charge slightly higher interest rates when it comes to apartment loans. The interest rates for home mortgage loans are lower than those for apartment mortgage loans.

You can get the details of the loan by searching through online. Application process for the loan can also be done with the help of internet technology. You can fill up an initial qualifying form and submit it online.  You need to read the terms and condition when filling up a form. After that you need to provide the required documents and wait for the loan approval for 30 to 45 days.

As a result, you need to submit a few essential document papers to the providers. Among these documents that the 매매잔금대출 provider may ask for the  financial statements, corporate papers, appraisals, survey papers, tax returns, updated bank statements of three months, etc. These documents will be scrutinized by the creditors. Only if they are satisfied will they prepare contract documents. A commercial loan provider can also benefit from financing living facilities for older individuals. In addition to housing, seniors in senior living facilities are also provided with quality healthcare.

Once an individual retires from a career and becomes old, their children are left to care for them. There is no other option. For retirees, retirement means physical and mental comfort for the remaining years of their lives. Those who are retired need to stay in the company of their closest friends, but their children don’t have the time. Offering these individuals a stress-free lifestyle is the main objective of providing senior living facilities. Besides other seniors, they can also get companionship here. The senior housing facilities are divided into three types. For independent living, there are the private apartments. For assisted living, there are the properties. Assisted living includes living in a nursing home. The third type is available to individuals with serious health conditions.

 

Take the advisors from the experts before investing

If you are an earningperson then actually need to save some amount of money during the initial days of your earnings. Because some service says that there will be less expenditures will be present during the initial stages of learning as I have some amount of freedom to explain the money e that you have earned. If you start saving money since your initial days of your job then it will become a habit to you to save money in the later stage also. This would be the one of the great option to stay peacefully in the later stages of your life as you have enough amount of money  as savings and you can use of them while you are retired from your job. If you are about to start saving your money then taking an advice from experts would be a great option as they will suggest you the best options in savings. Taking an expat investment advice would be the great idea as they will guide how to invest your money smartly. They have lots of experience and knowledge about the different ways of saving your money and they will suggest you the best way and it also depending upon the amount of money that you are looking to save.

expat investment advice

Tips that you have to follow while saving.

  • If you are going to start saving money then there are certain tips that you need to follow so that you want face any problems during saving.
  • The first thing that you have to keep in your mind that we have to save the money e only after the expenses that you have spent during the course of month.
  • Saving money e without having any money left with you for your monthly expenses is not a good idea as you have to face lots of issues in between these days.
  • By looking all these issues it is better to get an expat investment advice as they I will suggest you various types of saving methods depending upon the amount that you have left with you after all the expenses.
  • Even the leftover money is small you can make it big by investing in in someone which will get you profits in long term basis. The ultimate decision of saving will be yours and you have to choose the one which will be better suitable for your earnings.

What’re The Important Criteria for Selecting Crypto Exchanges?

Many people are looking to invest and trade in Bitcoin or other cryptos as intimidating. It is because cryptocurrency market is presented to many people as the technical financial market.

But, that isn’t a case with Solanax prediction markets. You can begin trading and invest in the cryptos within no time, providing you follow the best process. Following this process begin by selecting the best crypto exchange. Cryptocurrency exchanges are the gateway to cryptocurrency market, thus reason why they’re very important.

How Safe Is Cryptocurrency?

The cryptocurrencies are generally made using the blockchain technology. This describes in a way transactions will be recorded in “blocks” or time stamped. This is a bit complex and technical procedure, but result is the digital ledger of your crypto transactions that is tough for the hackers to steal or tamper with.

Additionally, transactions need 2FA process. For example, you will be asked entering the username and password in order to start the transaction. After that, you need to enter the authentication code, which will be sent through text on your personal phone.

When securities are in proper place that does not mean cryptocurrencies will be un-hackable. Actually, high-dollar hacks already have cost the cryptocurrency startups highly.

Solanax prediction markets

Buying/Selling Cryptos Through An Exchange

If you are looking to buy the cryptocurrencies through an exchange, then you buy coins themselves. You will have to create the exchange account and put up its full value of an asset to open the position or store cryptocurrency tokens in wallet till you are prepared to sell it.

The exchanges bring their steep learning curve since you will have to get grips with technology involved as well as learn to make a little sense of data. Most of the exchanges have certain limits over how much a person can deposit, whereas accounts will be costly to maintain.

Security and authenticity

Make sure to do your own and know if that exchange is the most legitimate and safe platform out there. The security and authenticity of the platform can help you to determine if the funds will be completely safe with a crypto exchange. The traders have lost huge amount of money to the scam platforms. Thus, make sure you check reputation of that platform and security protocols that they have to safeguard your funds and data.

Moreover, make sure you check out customer service and various other customer-related features that are offered by the crypto exchange.

Tokens exchange are a part of Cardano

Given that you will see the term frequently while investigating cryptocurrencies, it is useful to be aware of certain typical meanings. However, in addition to the broad definitions provided in the preceding section, there are other types of crypto-assets that include the term “token” in their name. Also, there is a concept called exchanges token listing. Here is the list to know about tokens

Tokens issued by DeFi 

In recent years, a new universe of cryptocurrency-based protocols that try to replicate classic financial-system operations (loan and saving, insurance, trading) has evolved. These protocols generate tokens that serve a variety of roles but can also be exchanged or held in the same way that any other cryptocurrency may.

exchanges token listing

Tokens of governance

These are specialized DeFi tokens that provide holders a say in the future of a protocol or software that does not have boards of directors or any other central authority due to its decentralized nature. For example, the popular savings protocol Compound issues all users a token called COMP. Holders of this token have a say in how Compound is updated. The more COMP tokens you own, the more votes you will receive.

Tokens That Aren’t Fungible (NFTs) NFTs indicate ownership rights to a one-of-a-kind digital or physical asset. They can be used to make it more difficult to copy and share digital products. They’ve also been used to distribute a limited quantity of digital artworks or sell one-of-a-kind virtual goods, such as rare items in a video game.

Tokens of security Security tokens are a new type of asset that aims to be the cryptocurrency counterpart of traditional securities such as stocks and bonds. Their primary application is to sell shares in a corporation (similar to the shares or fractional shares sold in traditional markets) or other enterprises (for example, real estate) without the assistance of a broker. Security tokens have been reported to be being investigated by major corporations and startups as a viable alternative to existing means of funding. The exchanges token listing is a concept that is used for increasing the liquidity exchange of cryptocurrency. One has to be sure before buying these types of digital currencies as it is a kind of investment. Everyone can have an idea of getting cryptocurrencies but only a few of them buy those. It is because the value of the currencies is very high and it is not affordable for normal people.

What do you need to know before investing in cryptocurrency?

Cryptocurrencies are gaining popularity these days and many people are interested to invest in cryptocurrency. But unlike other investments, cryptocurrencies are not easy to understand. It requires the right knowledge to make the best investments. Therefore, one needs to always check for Bitcoin news to be aware of all price rises, falls, and other changes in the cryptocurrencies. It is necessary to check the news regularly to stay updated and make the decision before investing.

When it comes to cryptocurrency, you may have many questions in mind. Whether it is safe to invest in cryptocurrency or whether it gives your profit in turns. Before you turn up to bitcoin or any other cryptocurrencies, it is essential to learn about them. Here are few things that you should know before investing in bitcoin.

Cryptocurrencies are instant:

One of the significant reasons that many people preferring to switch to cryptocurrencies is because they can be processed more instantly. Within a fraction of seconds, you could easily make the transactions. It is because there is no middleman involved in this process and so you could make the fast transfers more efficient. This makes many people and financial investors switch to cryptocurrencies. Therefore, the crypto market is expanding every day because of its transparency and great potential.

cryptocurrency api

They are highly volatile:

Significantly, you need to understand that the cryptocurrency market is highly volatile. So, it involves both profits and risks. You could see sometimes the prices values are extremely high and also sometimes you could see the downs. The prices values get increased or decreased due to its demand and supply. Cryptocurrencies are investments are like any other investment. Therefore, you need carefully watch the price drops and falls. It is more helpful if you keep yourself updated with all the latest Bitcoin news. Predicting the future is tricky but with the news of bitcoin, you get some ideas about the bitcoin.

High-security:

Due to the increased demand for cryptocurrencies, developers are creating cryptocurrencies with high-security features. You could store the digital currencies safely in your wallets. The mining process requires solving a complex mathematical problem. Also, the miners get free bitcoin for solving the problems. However, there can be significant problems in the crypto world. Hence, there are both advantages and disadvantages in the crypto world. If you want to make your investments successful, then you need to be aware of all details of cryptocurrencies.

How to trade cryptocurrencies

Due to the popularity and the chance of getting more profit the cryptocurrencies trading has increased much faster. But before entering into the cryptocurrency trading world, one must learn all the positive and negative things in the market. It is not that easy to do crypto trading as the cryptocurrencies are volatile. But if the trading is done carefully with proper information and with good strategies then you can also get much more profit than expected. The beginners in this market may face a lot of difficulties. So let us discuss some of the easy ways in which one can do cryptocurrency trading.

crypto trading

  • Decide how you would like to trade cryptocurrencies: This is the first step that each trader has to follow. There are two ways in which one can do trading in the cryptocurrency world. The first one is where the trader will directly buy the crypto coins and wait in the hope that the value will increase. And the second way is trading on the price of the cryptocurrencies. If you are choosing the second way then, again it is divided into two ways long and short positions. If you go with the long position then if there is an increase in the cryptocurrency value you will get profit else, it will be lose. It is the total opposite in the short position.
  • Learn how the cryptocurrency market work: The reason why one must learn the market is that it is completely different than regular trading. In cryptocurrency trading, there is no central server all the transactions are directly done between the individual. Whenever you buy or sale the cryptocurrencies all the transaction is saved in the blockchain.
  • Open an account: To buy cryptocurrencies, you need to open an account with an exchange or open a wallet. Once you raise a request for an account, you might need to wait for some time before your account is open.
  • Build trading: It is not an easy task to trade in the cryptocurrency market that is why it is very important to have a risk management plan beforehand. This is because the cryptocurrency is volatile and can be changed at any time. To make the perfect plan, you need to be up to date with all the new updates in the market.
  • Choose your cryptocurrency trading platform: The platforms may help you in many ways. They can advise you on ways of trading, alert you with all the risks, make a risk management plan, and many more things.

 

Conclusion

Hope this information will help you to start your crypto trading easily and hope you earn a lot of profit.

DECENTRALIZED FINANCE HOW IT WORKS

Much of what everyone should know is already in the name: decentralized finance aims to offer infrastructural support via blockchain, Cardano DEX or by using tools that we have already seen applied – albeit at a primordial level – by Bitcoin or by more advanced cryptocurrencies , at least in terms of functionality, such as Ethereum . There are several aspects that may concern decentralization and will be highlighted individually, to understand both the extent of the phenomenon and the possibilities of its applications.

The functioning of decentralized finance is based on a few – and fundamental – points

Exchange of values

Which means, very simply, payments. In this aspect, the question of old cryptocurrencies could be contested, which were never considered as DeFi but which still offer an exchange of value , or tokens. In reality, however, the newer projects, which aim to establish themselves in this specific niche, offer something more than the old generation crypto. We talk about the possibility of integration with other blockchains, directly or through other connecting blockchains, which could offer services related to payment ones.

Execution of contracts

We are talking about smart contracts , a sort of algorithm with a contract inside, which is able to go into execution whenever the right conditions are met. The smart contract is a reality that has existed for several years. But despite this, it is in the last 2 years that they have begun to take hold also for concrete uses. They are also very popular for the creation of decentralized exchanges , which have the great advantage of being faster, cheaper and safer.

Data for contracts

There are several Ddi blockchains that are concerned with providing another fundamental aspect of decentralized economy and finance: data. Because if smart contracts can have an automatic execution, today, also based on data coming from outside the world of the blockchain. There are several projects that deal with providing other blockchains or projects with reliable data , mainly for use in Decentralized Apps and contracts.

Interested loans and deposits

One of the liveliest worlds of Decentralized Finance are the systems that allow you to borrow and borrow, generally new generation cryptocurrencies and stable coins that are instead anchored to the value of a classic currency. We will see later that there are many interesting projects under this specific aspect and that allow us to have liquidity for our projects on the one hand, and to be remunerated for having deposited sums on the other.

Tips for trading GOLD

In the current trend, people are showing more inclination towards the Gold investment. One of the reasons for this is that it is very safe and consistent for long period. The stability of its price makes it a more valuable asset in the current pandemic situation. Many traders have started converting their money into gold, as there is a lot of loss in money during this period. If you print more paper currencies, then it can weaken the world currency, but gold will be a stable asset. The gold trading in Hong Kong is more stable because the volume of it cannot be increased the way the printing of currencies can be. If you are one of those who want to utilize your gold for better profits. Then below are few tips which you should bear in mind.

  • Trading in New York trading hours: The gold is active in the market for twenty-four hours. But the best time to converts them into cash is the working hours of New York trading. The time in which you want to trade depends upon the goals of each individual. If you do trading, buy precious metals Hong Kong at peak hours, then you will get high liquidity and a low chance of change that is low volatility. In the off-hours, you can find high volatility but the high volatility can be a risk.

  • Pay attention to cycle time: A cycle is a process in which something gets repeated after some time. For example, the seasons after one season, the other comes and, it gets repeated. In the same way, you should observe the gold cycle time as it has been noticing that the gold market struggles when the economic condition is good, and it booms in the recession period.
  • Geopolitical implications on currency: In most of the time when there is political uncertainty, at that time the money value comes down. But at this time gold can be the best asset as it will protect all your liquid assets. The gold value does not get affected as much as the currency does.
  • Track industrial, commercial demand for gold: It is crucial to notice the demand for gold in the market as it can increase the value of gold. The gold demands can be of many forms, like many medical and technical industries use gold in their production if the demand of the production increases. The second type of demand increase can be gold jewelry.
  • Track real interest rate: Usually, when the gold price goes up, the interest rate goes done and when the price goes down, the interest rate increases. Having a close look at the interest rates, one can decide when it is better, to buy the gold. 

Conclusion

Hope this information will be useful while you start trading on gold.