Yes. Every company including dormant in Singapore must file its Annual Return within 30 days from the date of AGM with t...
I have renewed my passport. Do I need to update my company records?
Yes, any change in your personal particulars you are required to update with the authorities accordingly. Otherwise such...
How long should I keep the records?
Every company must always keep accounting as well as other records essential to explain their transactions as well as th...
Do I need to keep all the records in the form of hardcopies?
No. You may wish to keep digitalised records including scanned copies.
Is GST my income or expense?
GST is neither income nor expense as you will be collection agent on behalf of Government from the consumers.
Is GST registration compulsory or mandatory in Singapore?
The GST registration is needed only whenever a company falls in the following category: The net turnover is over SGD1 m...