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So far Web Admin has created 54 blog entries.

How to authorise a third party to file your company corporate tax

Tax filing season is here and for some companies, that means looking for a third party with the relevant expertise to file the company's corporate taxes with the Inland Revenue Authority of Singapore. Here is a step by step guide on how to authorise a third party entity to file your corporate tax. Note: You [...]

2018-12-03T17:43:59+00:00December 3rd, 2018|

How do I change my Singapore company name?

A common query which we get is from clients looking to change company name. Even after incorporation, the name of a company can be changed. There can be a variety of reasons why a company would want to change its name. The new name could be a better representation of the business or it could [...]

2018-11-21T16:59:33+00:00November 21st, 2018|

How to issue shares or increase the share capital of a company?

There are times when a company may want to increase its share capital. Increasing share capital is essentially selling newly issued shares to existing or new shareholders in exchange for investment capital. A company may also issue new shares to reward its employees or to give them a stake in the company so that they [...]

2018-11-11T10:15:40+00:00November 11th, 2018|

A guide to dividend payments

In Singapore, a company can make dividend payments only if it is making a profit. Dividend payments are recommended by directors of a company and will be voted on and approved by shareholders at the company's Annual General Meeting (AGM). Once these dividend payments receive the required number of votes and are approved, they are [...]

2018-11-04T21:54:34+00:00November 4th, 2018|

How to start an import-export business or a trading company in Singapore?

Many businesses involve the importing and exporting of goods. Here is a general guide for anyone out there who would like to get into the trading business.   Step 1: Register for a company and activate a Customs Account You will need an entity to engage in import and export activities in Singapore. You can [...]

2018-10-28T18:10:02+00:00October 28th, 2018|

Excise Duty

Excise Duty or Excise Tax is a type of tax charged on goods produced within the country. It is a tax levied on the production or sale of a good. Not to be confused with Customs Duty which is tax paid when importing a certain good, Excise Duty is paid when producing a good. So for [...]

2018-10-28T12:34:09+00:00October 28th, 2018|

Customs Duty

Customs Duty is the tax imposed on imports and exports of goods. Some businesses in Singapore may be involved with the import and export of certain goods. All goods imported into Singapore are regulated under the following acts: The Customs Act The Goods and Services Tax (GST) Act The Regulation of Imports and Exports Act [...]

2018-10-28T12:21:30+00:00October 28th, 2018|

A Public Company Limited by Guarantee (CLG)

If you are looking to start a charity or a non-profit organisation, you may consider setting up a Public Company Limited by Guarantee (CLG). Here are details of what makes up a CLG. A CLG is a separate legal entity. It is a company and is separate from the members of the company. As a legal [...]

2018-10-27T17:08:05+00:00October 27th, 2018|
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