company compliance list, ACRA filing ,

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What is Annual General Meeting (AGM)

Posted on June 22, 2016
Posted in Company's Compliance matters

Received summon about late filing for section 175, 201 and 195 ?? Section 175 refer to Annual General Meeting : All company must held AGM within 18 months from the date of incorporation OR within 15 months from the last AGM date . Section 201 refer to Presentation of Report Audited report or compliance report laid

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What If Director Received Summon From ACRA

Posted on May 17, 2016
Posted in Company Director and shareholder, Company's Compliance matters

Late filing of Annual return is the most common offence among director. Authority had initial a serial of program to educate director such as Director Compliance Programme. Beside that, to reduce burden of company, ACRA offer composition fine to all late filing company . Composition Fine Composition fine is amount offered by ACRA and is

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WHAT IS AUDIT EXEMPTION

Posted on June 22, 2015
Posted in Company's Compliance matters

CHANGE IN AUDIT EXEMPTION GREAT NEWS for all Singapore registered Company, Audit exemption criteria will enhance to Company with turnover S$10 million . This reform will benefit approximately 25,000 companies in term of their operation cost , auditing fees. The first phase of reform will take effect with financial year start from 1 July 2015