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So far corrine has created 6 blog entries.

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

A company's financial year end determines the end of the company's accounting period, after which financial report for the period will be prepared for purposes such as filing annual returns with ACRA and filing corporate tax returns with IRAS. By default, ACRA assigns a company's financial year end to be exactly a year from its [...]

2018-10-12T11:13:30+00:00August 21st, 2018|

Singapore Companies Filing Requirements

Every year, companies in Singapore are required to file with two main government bodies, namely The Accounting and Corporate Regulatory Authority (ACRA) and IRAS (The Inland Revenue Authority of Singapore). The following entails the three filing requirements for a company to stay compliant.   Estimated Chargeable Income (ECI) Companies are required to file the ECI, [...]

2018-10-12T11:17:14+00:00July 4th, 2018|

Understanding the Responsibilities of a Company Director in Singapore

The role of a director cannot be taken lightly. As a director, one should carry out his or her duties carefully and honestly. If found to be in breach of statutory duties, a director may face criminal prosecution. This year for instance, there were separate reports of a company director convicted for lodging false information [...]

2018-10-12T11:22:43+00:00June 28th, 2018|


Companies that embrace good corporate governance are known to instill greater investor confidence. At this year’s seminar, held jointly by Accounting and Corporate Regulatory Authority (ACRA), Singapore Exchange (SGX) and Singapore Institute of Directors (SID), the theme is “Rebooting Corporate Governance”. Highlights: Hear first-hand from the Corporate Governance Council chairs and regulators on the latest [...]

2017-12-08T02:38:36+00:00December 7th, 2017|

New Grant for Artificial Intelligence and Data Analytics

The Monetary Authority of Singapore (MAS) launched a new $27 million Artificial Intelligence and Data Analytics (AIDA) Grant under the Financial Sector Technology and Innovation (FSTI) Scheme. The objective of this grant is to promote the use of Artificial Intelligence (AI) and data analytics in financial institutions. This AIDA Grant will focus on two tracks, [...]

2017-12-08T02:38:49+00:00December 7th, 2017|

Requirements for Foreigners to Set Up a Company in Singapore

Singapore is an ideal destination to incorporate and operate a company. As a country, Singapore enjoys a vibrant business landscape backed by robust political, economic and social stability. Furthermore, Singapore has among the lowest corporate tax rate globally at 17%, compared to countries like Australia (30%) and India (34%). Qualifying new companies enjoy full tax [...]

2018-10-13T23:04:43+00:00November 17th, 2017|
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