How fast will it take to incorporate a Singapore company?

If you are a local or a foreigner looking to incorporate a company in Singapore, you may engage an ACRA registered filing agent like us. Firstly, you will need to fill in the related incorporation documents which can be found at this link: https://www.singaporesecretaryservices.com/company-registration-documents/ You will need the following forms: Incorporation of New Company Form [...]

By |2020-06-06T10:57:27+08:00June 4th, 2020|Questions and Answers|

What is Estimated Chargeable Income (ECI) and when does it need to be filed?

The Estimated Chargeable Income (ECI) is an estimate of the company's taxable income for a certain Year of Assessment (YA). The taxable income is after deducting tax-allowable expenses. In simple terms, it is the total revenue less allowable expenses which is the taxable profit of the company. Due to the tax filing season for companies, [...]

By |2023-10-02T11:43:40+08:00June 2nd, 2020|Questions and Answers|

What is an investment holding company or holding company?

A typical company conducts business and hires staff to produce goods and services and sells these goods and services to receive revenue. An investment holding company is a company that does not conduct any actual business but instead invests in assets. The investment holding company can invest in property, equities or even things like wine [...]

By |2020-05-24T13:56:29+08:00May 24th, 2020|Questions and Answers|

How much taxes do fund management companies have to pay in Singapore?

Singapore, along with Hong Kong and perhaps Shanghai, is a leading asset management hub for institutional investors and fund managers looking to tap into the opportunities in the region. Singapore is increasingly pulling ahead as the premier place for fund management especially with the introduction of the Variable Capital Companies Act. We explained about the [...]

By |2020-05-24T02:35:09+08:00May 24th, 2020|Questions and Answers|

Does my company need to hire an auditor?

A private company limited by shares, commonly referred to as company, is regulated by the Accounting and Corporate Regulatory Authority (ACRA). Companies are required to adhere to the Companies Act and in the Companies Act, the need to hire an auditor is spelt out clearly. If a company is deemed a small company, it does [...]

By |2020-04-23T18:33:03+08:00April 23rd, 2020|Questions and Answers|

What is the difference between a Singapore Subsidiary Company and a Singapore Branch Office

If you are a foreigner looking to set up a company in Singapore, you have the option to set up either a Singapore Subsidiary Company or a Singapore Branch Office. There is another option to set up a Singapore Representative Office with Enterprise Singapore and that topic will be covered in another article. Singapore Subsidiary [...]

By |2020-07-16T09:36:28+08:00March 18th, 2020|Questions and Answers|

What happens when a Singapore company shareholder dies?

In this article, we will be discussing what will happen to a Singapore company shareholder's shares when he dies. First, we must be familiar with the difference between a share transfer and a share transmission. A share transfer occurs when one shareholder chooses to transfer his shares to another individual. This act is his choice [...]

By |2019-10-15T08:32:24+08:00October 15th, 2019|Questions and Answers|
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