Course Detail(TAX303v : Tax Strategies for Your Business: Choosing Between Unincorporated and Incorporated Structures, Plus Conversion Insights (Live Webinar))
Not Available

UTAP Funding

TAX303v : Tax Strategies for Your Business: Choosing Between Unincorporated and Incorporated Structures, Plus Conversion Insights (Live Webinar)

7.00 CPE Hours (Others)
Live Webinar


Programme Objective

Entrepreneurs often wonder whether they should set up business under sole proprietorship/partnership (unincorporated business) as opposed to under a private limited company (incorporated business). This 1-day webinar by ISCA will provide participants a good understanding on the tax treatment between unincorporated and incorporated businesses and what are some of the common pitfalls to avoid when deciding whether to convert an unincorporated business to a company.
 

Programme Outline

A Highlight of Key Areas:
  • Taxation of unincorporated business - sole proprietorship, general partnership, limited liability partnership and limited partnership
  • Taxation of incorporated business - company, shareholders and directors
  • Taxability of income including foreign-sourced income exemption scheme for unincorporated and incorporated business
  • Deduction of expenses including renovation and refurbishment expenses and Enterprise innovation scheme announced in 2023 and 2024 Budget
  • Capital allowance claim
  • Basic tax planning tips for business owners
  • Tax consideration on conversion from unincorporated business to incorporated business – common pitfalls to avoid
Learning Outcome

On completion of this course, participants will have an appreciation on:
  • The difference in the tax treatment between unincorporated and incorporated business to the business owners
  • The fundamentals on taxable income, deductible expenses and capital allowance claim
  • Basic tax planning for business owners
  • Various tax considerations when converting an existing unincorporated business to a company
Training Methodology

Live Webinar with exercises, examples and case studies

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

Business owners, Finance professionals, Accountants

Competency Mapping

Others = 7.00 Hours

Schedule & Fees
Date & Time

16 Sep 2025 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 393.49
For Non-Members: $ 473.06

Programme Facilitator(s)

Ms Lee Yuet Lai

Venue

Live Webinar in or outside of
Singapore
Date & Time

16 Dec 2025 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 393.49
For Non-Members: $ 473.06

Programme Facilitator(s)

Ms Lee Yuet Lai

Venue

Live Webinar in or outside of
Singapore

Testimonial


Good learning experience

Past Participant


Has helped us look into areas we didn't consider in various business model

Past Participant

Funding

1] NTUC Union Training Assistance Programme (UTAP)

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 1 July 2020 to 31 December 2025.

*Unfunded course fee refers to the balance course fee payable after applicable government subsidies. This excludes material fees, registration fees, misc. fees etc.

This course is approved for UTAP support for intakes conducted between 08 February 2024 – 31 March 2025.

As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.

For more information on UTAP Funding and to submit for UTAP claims, please visit https://www.ntuc.org.sg/uportal/programmes/union-training-assistance-programme. Terms and conditions apply.

Programme Facilitator(s)


Ms Lee Yuet Lai
CA (Singapore)
Accredited Tax Advisor (SCTP), BAcc
 
Yuet Lai has a 20-year career in taxation with one of the Big 4 accounting firm and a multinational corporation as its in-house senior tax advisor. She has extensive experience providing tax advisory and tax compliance services to many notable clients including financial institutions and fund management companies as well as dealing with the Inland Revenue Authority of Singapore.
 
On the academia front, Yuet Lai has 15 years of experience in the teaching of Taxation including teaching ACCA Basic and Advanced Taxation, Singapore Chartered Accountant (SCA) qualification, ATTS and polytechnic. She is currently teaching Taxation with a local university. She was the examiner for the Taxation module of a national professional examination and the author of ACCA Advanced Taxation Revision Kit.
 
Leveraging on her industry and teaching experiences, Yuet Lai is able to articulate and explain complex tax concepts in “layman” terms. She has consistently received excellent feedback on her clarity and passion in teaching.
 
Yuet Lai graduated with a Bachelor Degree in Accountancy (BAcc) from the National University of Singapore (NUS). She is a Chartered Accountant of Singapore (CA Singapore) with the Institute of Singapore Chartered Accountants (ISCA) and an Accredited Tax Advisor with Singapore Chartered Tax Professionals (SCTP). She has obtained WSQ Advanced Certificate in Learning and Performance (ACLP) to teach adult learners.


Programme Objective

Entrepreneurs often wonder whether they should set up business under sole proprietorship/partnership (unincorporated business) as opposed to under a private limited company (incorporated business). This 1-day webinar by ISCA will provide participants a good understanding on the tax treatment between unincorporated and incorporated businesses and what are some of the common pitfalls to avoid when deciding whether to convert an unincorporated business to a company.
 

Programme Outline

A Highlight of Key Areas:
  • Taxation of unincorporated business - sole proprietorship, general partnership, limited liability partnership and limited partnership
  • Taxation of incorporated business - company, shareholders and directors
  • Taxability of income including foreign-sourced income exemption scheme for unincorporated and incorporated business
  • Deduction of expenses including renovation and refurbishment expenses and Enterprise innovation scheme announced in 2023 and 2024 Budget
  • Capital allowance claim
  • Basic tax planning tips for business owners
  • Tax consideration on conversion from unincorporated business to incorporated business – common pitfalls to avoid
Learning Outcome

On completion of this course, participants will have an appreciation on:
  • The difference in the tax treatment between unincorporated and incorporated business to the business owners
  • The fundamentals on taxable income, deductible expenses and capital allowance claim
  • Basic tax planning for business owners
  • Various tax considerations when converting an existing unincorporated business to a company
Training Methodology

Live Webinar with exercises, examples and case studies

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

Business owners, Finance professionals, Accountants

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Ms Lee Yuet Lai
CA (Singapore)
Accredited Tax Advisor (SCTP), BAcc
 
Yuet Lai has a 20-year career in taxation with one of the Big 4 accounting firm and a multinational corporation as its in-house senior tax advisor. She has extensive experience providing tax advisory and tax compliance services to many notable clients including financial institutions and fund management companies as well as dealing with the Inland Revenue Authority of Singapore.
 
On the academia front, Yuet Lai has 15 years of experience in the teaching of Taxation including teaching ACCA Basic and Advanced Taxation, Singapore Chartered Accountant (SCA) qualification, ATTS and polytechnic. She is currently teaching Taxation with a local university. She was the examiner for the Taxation module of a national professional examination and the author of ACCA Advanced Taxation Revision Kit.
 
Leveraging on her industry and teaching experiences, Yuet Lai is able to articulate and explain complex tax concepts in “layman” terms. She has consistently received excellent feedback on her clarity and passion in teaching.
 
Yuet Lai graduated with a Bachelor Degree in Accountancy (BAcc) from the National University of Singapore (NUS). She is a Chartered Accountant of Singapore (CA Singapore) with the Institute of Singapore Chartered Accountants (ISCA) and an Accredited Tax Advisor with Singapore Chartered Tax Professionals (SCTP). She has obtained WSQ Advanced Certificate in Learning and Performance (ACLP) to teach adult learners.

Upcoming Schedule

Date & Time

16 Sep 2025 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)


SGD pricing -

For Members: $ 393.49
For Non-Members: $ 473.06


Programme Facilitator(s)

Ms Lee Yuet Lai

Venue

Live Webinar in or outside of
Singapore


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