Filing Method for Dormant Company

WHAT IS DORMANT COMPANY ? ACRA exempts Dormant companies from preparing financial statements and holding physical AGMs. Company is consider Dormant if it had NO accounting transactions within a given accounting period excluding the following Appoint a company secretary Maintain a registered office, registers, and books Pay fines, penalties, or fees to ACRA FILING METHOD
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AGM : Must i attach report to ACRA ?

The following is 2 basic guideline you need to refer in comply filing annual return with ACRA . So is important to ascertain where your company belong to : Type of Company Financial Status What is the different between Insolvent and Solvent Company Company is INSOLVENT refer to the company unable to meet its debts
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Company Registration with foreigner

Document Needed for Director Passport Supporting documents for residential address Contact detail : email address and phone number Document Needed for Shareholder ( Individual ) Passport Supporting documents for residential address Contact detail : Email address and phone number Document Needed for Shareholder ( Corporate ) For a Company to be shareholder for Singapore registered
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First financial statement of newly company

Every Pte Ltd company is required to submit their financial statement to IRAS and ACRA annually (except certain company which able to meet exemption creteria) WHAT IS FINANCIAL STATEMENT Presentation of Financial report is governed by Singapore Financial Reporting Standards (SFRS) According to the SFRS, a complete compilation of financial statements should comprise the following
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Foreigner to register sole proprietor

What is Sole Proprietor Sole Proprietor and Partnership is sample type of business . Key different between Business and Company is Concept Separate Legal Entity DOES NOT exist in Business . Separate Legal Entity means the Company’s liability will be separate from personal asset . Why people register Sole Proprietor instead of Company ? Ease
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Compliance requirement for new Company

All Singapore registered company is required to comply with a list of statutory filing requirement . BASIC FILING REQUIREMENT WITH ACRA Annual General Meeting And Annual Return Filing 1 year after company registration, you will need to conduct Annual General Meeting (AGM) Company is required to file Annual Return (AR) within 1 month after the
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