A director of a company is an appointed or elected person of the company who, along with the other directors, if any, are responsible for the implementation and direction of company policy. In essence, it is usually the shareholders who appoint the directors of the company and directors act as agents of the company. It is […]
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The Register of Members is a record of all shareholders or members of a company. This may also be called the Register of Shareholders for companies that issue shares. In the register, the following information about the members of the company need to be maintained: Name of members Address of members Date of becoming a
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Hi everyone, The end of the year is upon us and that means tax filing season is here. Please note that the deadline for e-filing of corporate taxes is on the 15th of December 2019. Here is a Company Essentials Workshop for all officers and shareholders of companies. It is open to all company directors
Company Essentials Workshop (23rd November 2019) Read More »
Traditionally, company seals are used by companies to execute deeds. Instances, whereby a company seal may be used, are when purchasing a property or issuing a share certificate. However, with effect from the 31st of March 2017, it is no longer necessary for a company to execute such documents with a company seal. Section
Do I need a company seal to execute documents? Read More »
A company director was hit with a record SGD$113,400 fine for multiple breaches of the Companies Act. They include failing to hold annual general meetings (AGMs) and failing to file annual returns (ARs). According to the Accounting and Corporate Regulatory Authority (ACRA), Tan Hang Song was fined SGD$113,400. The fine was nearly double the previous
Company director hit with record SGD$113,400 fine Read More »
Estimated Chargeable Filing (ECI) is a compulsory filing requirement for companies unless the company qualifies for a waiver. There are advantages for companies that file their ECI earlier and within the qualifying period as they may opt to pay corporate taxes by instalments. The benefits for filing ECI early are: 1) Instant acknowledgement upon successful
Advantages of filing ECI (Estimated Chargeable Income) early Read More »
Tell us a little bit about your company Nimbus Design is a branding and design company, both online and offline. We also provide marketing. Our team has experience working in Singapore and USA. Since our founding in 1999, we have established ourselves in F&B, retail, and heavy industry. Tell us a little bit
Nimbus Design: Interview with Soo and Chris Read More »
Tell us a little bit about your company. Wholesome Eats by Cookit was set up to help families and individuals restore the body to optimal health by adopting a whole natural diet. We strive to make food that is unprocessed, sugar-free, gluten-free and lactose-free easily available to everyone. Our kitchen is at 115 East Coast
Wholesome Eats by Cookit: Interview with Johan and Sharon Read More »
Tell us a little bit about your company. Kevin: We build and maintain cryptocurrency mining rigs. The mining rigs that we assemble mainly mine Ethereum. We also help clients build mining farms. We source for the location, handle the electrical set up and operations of the mining farm. Mark: We also run courses teaching participants
Singapore Crypto Mining: Interview with Kevin and Mark Read More »
Companies that embrace good corporate governance are known to instill greater investor confidence. At this year’s seminar, held jointly by Accounting and Corporate Regulatory Authority (ACRA), Singapore Exchange (SGX) and Singapore Institute of Directors (SID), the theme is “Rebooting Corporate Governance”. Highlights: Hear first-hand from the Corporate Governance Council chairs and regulators on the latest
ACRA-SGX-SID AUDIT COMMITTEE SEMINAR 2018 Read More »
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