Corporate service Singapore

Company Secretary services are a crucial aspect of any business in Singapore. A company secretary is responsible for ensuring compliance with the Companies Act and other regulations. They also manage the company's statutory records and ensure timely filing of annual returns. Additionally, they play a key role in board meetings, assist in the preparation of resolutions, and ensure proper corporate governance practices. It is mandatory for all companies in Singapore to appoint a company secretary within 6 months of incorporation. Outsourcing company secretarial services to a professional firm can save time and provide expertise in the ever-evolving regulatory environment. Introduction: What are Company Secretary Services and Why are They Essential for Businesses in Singapore? Company Secretary services are the management of a company's legal and regulatory obligations to ensure compliance with the law. In Singapore, they are a crucial aspect of any business as it is mandator...

Goods and Services Tax (GST) in Singapore is a 7% tax imposed on most goods and services. GST is chargeable on all imports and local supplies of goods and services, except for certain items that are GST-exempt or zero-rated. GST registered businesses are required to charge GST on their goods and services and claim GST credits for GST incurred on their business purchases. GST registration is mandatory for businesses with an annual turnover exceeding SGD 1 million. GST returns must be filed every quarter.   GST Registration Requirements & Processes in Singapore GST registration in Singapore is mandatory for businesses with an annual turnover exceeding SGD 1 million. Businesses can register for GST through the IRAS e-Services portal. The registration process includes providing information about the business, such as its name, address, and nature of business, as well as the name and NRIC/FIN of the person in charge. Once registered, businesses are required to charge GST on thei...