Memorandum and Articles of Association (M&A) is the company's constitution and contains the following information: Name of the company
Frequently Asked Questions : Annual Compliance
What is Estimated Chargeable Income (ECI)?
ECI, also known as Estimated Chargeable Income, is an estimate of a company's chargeable income for a Year of Assessment (YA). In other words, it is
What is the Financial Year End (FYE)?
Financial Year End (FYE) is the end of the company's accounting period which typically recurs every 12 months.
What is the agenda for the first board meeting?
After the company is incorporated, the directors are to hold the first board meeting to approve the following: Incorporation or establishment of
What is Director’s Disclosure?
A Director shall disclose to the company: any material personal interest they have in a matter which relates to the affairs of the company; and any
What is the minimum numbers of Directors a company must have?
Singapore Companies Act requires that at least one of the company directors must be ordinarily resident in Singapore i.e. Singapore citizen, Singapore
What is the Skills Development Levy (SDL)?
SDL pertains to Singapore's Skills Development Levy. All companies are required to contribute a fee to the skills development fund in the form of
What happens if after incorporation I fail to maintain a registered office in accordance with the requirements of Companies Act?
If you fail to comply or maintain a registered office after incorporation, then the company and every officer of the company who is in default shall
What is a registered office?
Under the Companies Act, a registered office is an address in Singapore to which all communications and notices to the company can be sent. Also, the
What is a Personalized Compliance Corporate Kit?
A Personalized Compliance Corporate Kit is issued by Accounting and Corporate Regulatory Authority (ACRA) after incorporation of a company. It
What do you look for before you agree to provide the Nominee Director Service?
The Nominee Director is considered to be a full director and responsible for the actions of the company even though he has no role in managing the
What is an annual return (AR)?
An Annual Return (AR) is the annual submission of your companies' financial health and status to the registrar. Section 197 of the Singapore Companies
