What Singapore Companies Need To Know About Filing For Annual Returns

Regardless of size or Singapore company setup, all businesses that have gone through company incorporation are required to file its Annual Return. An Annual Return is an electronic document that is submitted to the Accounting and Corporate Regulatory Authority (ACRA). It is a snapshot of a company’s information, which includes the following: Company name/registration number […]

changing company secretary

Simple Guide for Changing Your Company’s Corporate Secretary in Singapore

The Accounting and Corporate Regulatory Authority (ACRA) requires every company in Singapore to appoint a corporate secretary within six months of the company’s incorporation. The company secretary will be the chief officer in handling various administrative tasks and ensure that the company abides by the regulations. There are times when the company may contemplate changing […]

overseas business registration

Guide to GST Reverse Charge and Overseas Vendor Registration for Businesses

GST is a tax that is levied on all services consumed in Singapore whether they are procured from local or overseas suppliers. According to current GST rules, services (other than exempt supplies) supplied by a supplier belonging in Singapore is subject to GST while the same services supplied by a supplier belonging outside Singapore is […]

tax computation

Guide to Tax Computations for Businesses in Singapore

As a business-friendly city-state, Singapore leads by example in introducing reduced corporate income tax rates as well as tax exemptions and incentives. However, all business decisions have tax implications and it is important that your company manages its income tax obligations efficiently. Read on for a quick guide to tax computations and why they are […]