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
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
Financial Year End (FYE) is the end of the company's accounting period which typically recurs every 12 months.
After the company is incorporated, the directors are to hold the first board meeting to approve the following: Incorporation or establishment of
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
Singapore Companies Act requires that at least one of the company directors must be ordinarily resident in Singapore i.e. Singapore citizen, Singapore
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
A Personalized Compliance Corporate Kit is issued by Accounting and Corporate Regulatory Authority (ACRA) after incorporation of a company. It
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
An Annual Return (AR) is the annual submission of your companies' financial health and status to the registrar. Section 197 of the Singapore Companies
These are the requirements you need to meet to comply with the Inland Revenue Authority of Singapore (IRAS): The Estimated Chargeable Income (ECI)
Non-compliance with Inland Revenue Authority of Singapore (IRAS) requirements will incur a penalty and/or court prosecution.