Stephanie LimWhat You Need to Know About Annual Tax ReturnIt is mandatory for all companies including sole proprietors, self-employed and partners to file Annual Tax Return to IRAS every year. the…Apr 11, 2019Apr 11, 2019
Stephanie LimWhat is Goods & Services TaxGoods and services tax (“GST”) is a tax on domestic consumption. The tax is paid when money is spent on goods or services, including…Apr 2, 2019Apr 2, 2019
Stephanie LimWhy is bookkeeping important even for small businessBusinesses spend a great amount of time in recording financial transactions to understand the overall financial health of the company…Apr 1, 2019Apr 1, 2019
Stephanie LimCommon non-compliance offences by Company pursuant to the Companies Act (Cap. 50)Directors of Company Limited by Shares are ultimately responsible for the corporate governance of the company that they hold directorship…Mar 18, 2019Mar 18, 2019
Stephanie LimWhat is a Company Constitution?A Company Constitution is a form of legal document that sets out the rules and regulations governing the conduct of running the Company…Mar 13, 2019Mar 13, 2019
Stephanie LimConverting Sole Proprietorship or Limited Liability Partnership to Company Limited by SharesThere are many reasons why some Sole Proprietors or Partners would consider converting to Company Limited by Shares.Feb 25, 2019Feb 25, 2019
Stephanie LimWhat is a Common Seal?It is an official seal that a company uses when it executes legal documents as a proof that the document is approved and rectified that…Feb 14, 2019Feb 14, 2019
Stephanie LimXBRL FilingXBRL is a form of financial reporting method that ACRA has introduced for all companies (otherwise exempted) to file during their Annual…Dec 19, 20181Dec 19, 20181
Stephanie LimAudit Exemption for Privately-held Company Limited by SharesAudit Requirements for Privately-held Company Limited by Shares Pursuant to Section 205 of the Companies Act (Cap. 50), all companies…Dec 3, 2018Dec 3, 2018
Stephanie LimAnnual General MeetingIt is a form of shareholders meeting, often known as AGM, is held once a year where general matters are brought up for shareholders…Nov 26, 2018Nov 26, 2018