BDO Spotlight

Managing Partner's Message

Dear Readers,

Welcome to the sixth edition of BDO Spotlight.

This issue cover key shifts in Singapore’s economic, regulatory, and professional landscapes, including tax reforms, technological transformation, and sustainability imperatives.

In this issue, we explore:

• Extended Grace Period for Prospective GST Registration
  Learn how the Inland Revenue Authority of Singapore (IRAS) has revised the GST registration timeline, effective 1 July 2025, giving businesses more time to prepare for compliance, update systems, and manage customer communications.
• Navigating the AI Revolution: A Critical Imperative for Singapore’s Corporate Boards
  Discover how corporate boards can balance innovation and responsibility as AI transforms industries.
• Navigating Turbulent Waters: Sustainability Challenges in Asia’s Marine Sector Amid Global Trade Tensions
  Explore the unique environmental and economic pressures confronting Asia’s marine industry and see how global trade dynamics influence sustainability efforts across the region.
• Reinventing Law: Singapore’s Legal Professionals in Transformation
  Start this first instalment of our new series by examining how Singapore’s legal professionals adapt to digital disruption, evolving client expectations, and a shifting regulatory landscape as the legal sector undergoes profound transformation.

We hope these articles help spark new ideas and support your strategic decision-making and professional growth. Please share your thoughts with us—we look forward to learning from each other and continuing this transformative journey together.

Table of Content

1. Extended Grace Period for Prospective GST Registration
2. Navigating the AI Revolution: A Critical Imperative for Singapore's Corporate Boards
3. Navigating Turbulent Waters: Sustainability Challenges in Asia’s Marine Sector Amid Global Trade Tensions
4. Reinventing Law: Singapore’s Legal Professionals in Transformation