admin, Author at Biztree Management

By -admin

What is the relationship between date of incorporation and financial year end date ?

Posted on December 18, 2024
Posted in Company Registration Guide

Do you know that date of incorporation and financial year end date is ” tied up together “? 👉 Date of Incorporation You are free to decide date of incorporation. Please take note that this date is UNCHANGEABLE after company registered. 👉 Date of financial year end (FYE) FYE date is refer to when company

By -admin

What is the on going Compliance obligation for Pte Ltd Company ?

Posted on September 12, 2024
Posted in Company Registration Guide, Company's Compliance matters

“Are you sure want to register pte ltd ? There is list of compliance you need to follow ! Is really difficult to handle company compliance matter, if fail to comply will receive summon court order and penalties. “ Are you having same thought as above? Do not let above scare you off. Here is

By -admin

Payment method for director

Posted on July 8, 2024
Posted in Company Registration Guide

Being appointed company director , does not means you can withdrawn money from company bank account at anytime you want. Payment for director is recognized as Company expense . And Company revenue will be affected after deduction of company expense. So it is important to find out how to structure and plan for payment to

By -admin

Sole Proprietor is the better option compare with Pte Ltd ?

Posted on May 7, 2024
Posted in Company Registration Guide

Do you agreed with above statement ? Public always have impression that sole proprietor is great choice to start entrepreneurship compare with Pte Ltd due to the following 2 major reason : compliance cost and complicated incorporation requirement But asked yourself is Separate legal entity concept carry by PTE LTD good enough to change your

By -admin

Can i be nominee director for more than 1 company

Posted on February 26, 2024
Posted in Company Director and shareholder

The answer is YES for before and NOT SURE for future . With recent number of money laundering case, all involved with nominee director services, and this rise the consent that business vehicle been used as money laundering tools. Jail for 2 nominee directors whose shell companies laundered almost $20m in scam profits Grab driver

By -admin

Shareholder vs member

Posted on February 26, 2024
Posted in Company Director and shareholder

The terms shareholders and members are commonly used as synonyms. By received copy of share certificate DOES NOT means that you are officially knowns as member of the Company. Definition of Shareholder : Shareholder refer to someone who own company share . However shareholder does not means is the member of the company . Definition

By -admin

How to confirm that i am Company Member

Posted on January 11, 2024
Posted in Company Director and shareholder, Company Registration Guide

asddf If you think you received share certificate means that you are the company’s member ? Then you are wrong . Do you know that person only recognized as company member after his name entered into Statutory register member ? What is Statutory Register member? Is one of the statuorty book required to keep by

By -admin

Why ACRA reject Company name application

Posted on November 20, 2023
Posted in Company Registration Guide

Right business name is important for company image. Company name will show the following information : principal activities (consist of wording like import & export, trading, fishing) Company structure (consist of wording holding means this company owned subsidiary company) Although management is allowed to change company name but UEN number will remain the same .Reason

By -admin

How to decide Date of Incorporation

Posted on October 9, 2023
Posted in Company Registration Guide

You may need certain degree of courage to start entrepreneur journey. First you need to decide When is the best time to register the company. We all living in digital world now, and company registration can be done anytime from any part of the world. Just click on www.bizfile.gov.sg So, you have 100% control on date