Company Incorporation In Singapore

Enlisting expert assistance of outsourced accounting services to ensure business' compliance has become a trend in Singapore. Doing so helps you in keeping your focus on the core goals of your small business and in improving its cash flow. It is not a secret that acquiring new customers helps you grow your revenue, and retaining existing customers helps you create a loyal customer base. However, it will only happen if you have enough time to devote to ensure customer satisfaction. Save Time, Resources, & Effort and Be Free of Any Worry If, like many other small business owners, you are starved for time and do not have time for non-core tasks like accounting, appoint a provider of accounting services for small businesses . Doing so will help you save time and resources on your business' accounting. Getting rid of non-core administrative tasks will ensure that you have enough time in hand to maintain your competitive edge. Hand over your accounting tasks to an experienced acc...

 As a business owner, you need to know how much tax you owe to the IRAS at the time of Singapore tax filing. Any mistake with it can land you in legal trouble with the agency. It is why approaching the due date for tax filing makes business owners fidget and worry. If you are one of these owners, then hiring a professional accountant from a Singapore tax services provider is the best option for you. It enables you to evaluate your business' financial standing in relation to profit and loss. It gives you a chance to appraise the situation and to improve it, if necessary, to assert your competitiveness. Improve Recordkeeping When you hire a provider of Singapore tax services, you can depend on their accountant to record and report each of your business' financial transactions accurately using the latest accounting software. This digitised data is useful in many ways. They can use it to prepare vital financial statements as well as management reports for you. Maximize Tax Deducti...

  Is the thought of company incorporation giving you sleepless nights? Well, there is no cause for you to hesitate about your  company registration in Singapore . Even if you are new to the Singapore marketplace, go ahead, as there are many experienced providers of corporate services to help you manage it.  Company Registration Singapore Singapore company incorporation  is a streamlined process. Still, locals, as well as foreigners, prefer to appoint a registered filing agent for the task. These providers assist an d  advise you with them every step of the company registration process, documents required, official ACRA fees, Etc. Some of the agents even assist you with post-incorporation activities like opening a corporate bank account with a local bank in Singapore. On the other hand, if you are familiar with the process, you can register your company independently. As a foreign entrepreneur, you will need to hire a reliable agent for the company incorporation....

  If you are a foreign individual or corporate bent on a new company setup in Singapore, then let me tell you, you have chosen well. Singapore is an ideal business destination. As per the World Bank Report 2020, it is 2nd best place to do business. Here is a guide to help you speed up your company registration in Singapore. Innovative business ideas can grab you b y  the throat and make you take action, such as company registration. If you are at such a juncture, do not hesitate. Your inexperience with the Singapore business environment or lack of knowledge about how to go about  company registration Singapore  doesn’t count. Don’t let it stop you. Steps to a New Company Setup in Singapore In Singapore, you can hire one of the agents or providers of company registration services for the task. For an affordable fee, you can leverage their expertise to start your new Singapore company without any hassles. Even ACRA, the Company Registrar, advise it. If you are local, t...

  As per the Company Law, companies in Singapore must hire a company secretary within six months of their date of incorporation. They can hire an individual ordinarily resident of Singapore. However, the task is complex. So many company directors hire an experienced provider of Singapore company secretarial services.  Doing so actually works for them as they get quality  company secretarial service  from these firms. An in-house company secretary in Singapore is costly in the long run. And these firms charge affordable fees for company secretarial services provided. The company secretarial service provided by them includes; Maintaining company registers Inform company directors about the due dates: annual filing, tax filing, Etc Showing it to the ACRA officials when they visit Filing documents in the company register folder Custody of company’s important documents: incorporation papers, board’s resolutions, shareholder agreements, and filed annual reports Updating AC...

  As per the Singapore Company Law, every company must hire at least one company secretary within six months of its date of incorporation. These professionals take care of the administrative work for their company.   However, it is tough work. Today, many companies outsource the task to the experienced providers of corporate secretarial services . You have to be careful in finding the right sort of services provider. Or, it is going to jeopardize your compliance and could land you in a mess.   Singapore corporate secretarial services providers offer the following services:   Company’s ACRA Filing   •                      Changes in the company •                      Filing of Annual return •          ...

  Many Indian citizens & companies are looking to start a company in Singapore. If we are to believe the facts, a number of them have already done so. Flipkart Singapore is a prime example of an Indian company that has shifted its base.   The straightforward process for establishing a new company set up in Singapore and lower tax rates are a great attraction to Indians. They are also amazed at the ease of doing business in this country.   Currently, this island nation ranks 2 nd in the World Bank report for this indicator. The lack of bureaucratic hurdles in opening a company in Singapore is also a novelty for them.   If you want to start a business in Singapore , you should be ready with pre-incorporation requirements. Accounting and Corporate Regulating Agency (ACRA) has made them mandatory. They are as follows:   •                      1 to...