WHAT IS Variable Capital Company(VCC)

What is VCC ? VCC is a new Corporate vehicle tailored for INVESTMENT FUND activities . And it was launched on 5 January 2020. VCC will be govern under ACRA and MAS . Why to have VCC ? You must be curious why we need VCC since we already have Pte Ltd, Patnership, LLP in
Read more

Significance of a Company’s Financial Year End (FYE)

Financial statements provide a snapshot of company financial insight at the particular period and it prepared based on the financial year end . Financial year end play important role in the following area : Company Tax Exemption Planing Company Decision Making Company structure reporting level Company statutory reporting compliance FINANCIAL YEAR END IN COMPANY TAX
Read more

Company Registration with foreigner

Document Needed for Director Passport Supporting documents for residential address Contact detail : email address and phone number Document Needed for Shareholder ( Individual ) Passport Supporting documents for residential address Contact detail : Email address and phone number Document Needed for Shareholder ( Corporate ) For a Company to be shareholder for Singapore registered
Read more

First financial statement of newly company

Every Pte Ltd company is required to submit their financial statement to IRAS and ACRA annually (except certain company which able to meet exemption creteria) WHAT IS FINANCIAL STATEMENT Presentation of Financial report is governed by Singapore Financial Reporting Standards (SFRS) According to the SFRS, a complete compilation of financial statements should comprise the following
Read more

Foreigner to register sole proprietor

What is Sole Proprietor Sole Proprietor and Partnership is sample type of business . Key different between Business and Company is Concept Separate Legal Entity DOES NOT exist in Business . Separate Legal Entity means the Company’s liability will be separate from personal asset . Why people register Sole Proprietor instead of Company ? Ease
Read more

Compliance requirement for new Company

All Singapore registered company is required to comply with a list of statutory filing requirement . BASIC FILING REQUIREMENT WITH ACRA Annual General Meeting And Annual Return Filing 1 year after company registration, you will need to conduct Annual General Meeting (AGM) Company is required to file Annual Return (AR) within 1 month after the
Read more
Copyright All right reserved
Business Consultant Finder Theme By aThemeArt - Proudly powered by WordPress.
BACK TO TOP