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contact@accountsavvy.sg
+65-86085740
contact@accountsavvy.sg
+65-86085740
contact@accountsavvy.sg
411 University St, Seattle
A corporate service provider (CSP) is a professional firm that helps businesses with their corporate filings with ACRA. They may also offer advisory services on accounting, taxation and legal advice and other services related to regulatory compliance.Corporate Service Providers provide company formation and administration services and back office support to private and corporate clients. They often employ a team of highly qualified professionals with knowledge and expertise across a range of sectors and industries.
Corporate Services :- Translation and interpretation, library, publications and information, information and communications technology, property management, personnel administration, general administration and finance.
When it comes to doing business in Singapore, a company will be required to register for GST (Goods and Services Tax) on a compulsory basis provided the company fulfils these two requirements. When it comes to doing business in Singapore, a company will be required to register for GST (Goods and Services Tax) on a compulsory basis provided the company fulfils these two requirements:
The company is taxable if the turnover for the past 4 quarters of the company has been more than $1 million, and if the company is not certain that the turnover will not exceed $1 million within the next 12 months.
The company is taxable if the company is reasonably expecting the taxable turnover to exceed $1 million in the next 12 months.Companies will be required to apply for GST within 30 days from the date of the company’s registration.
In Singapore, a company is still allowed to register for GST on a voluntary basis even if the turnover is below the expected $1 million. For companies who wish to do so on a voluntary basis, it is advised that they first perform a cost-benefit analysis on the impact that GST registration will have on the business and reporting process.
All Singapore companies incorporated are required to hold their Annual General Meeting (AGM) and file Annual Returns under $175, $197 and $201 of the Companies Act. Directors shall present the true and fair view of the company’s account to their shareholders at the AGM.
For the Annual General Meeting (AGM), in accordance with $175, a company is required to hold its first AGM within 18 months after its incorporation. Therefore, subsequent AGMs must be held every calendar year and the interval between AGMs should not be more than 15 months.
In some cases, closing your company can be a more cost effective decision. The company striking off procedure can be as complex as setting up a new one. Thus, our company provides you the right assistance to pass through the complexity and time-consuming process of the striking off of your company. You can engage our company striking off service which is designed primarily to assist you to take every step of the strike-off procedure in peace of mind.
With Accountsavvy PTE LTD, you can focus on more crucial matters while we are working hand in hand with the ACRA and other relevant government agencies to strike off your company legally. Our expertise and experience will ease your process of meeting every condition you must meet in accordance to ACRA. The entire process takes up to five months.
A registered office/ virtual office in Singapore gives more benefits and almost no drawbacks if compared to a brick-and-mortar office. Thus, many companies that involve technology in the business process opt to shutter their office and send their employees home to work. This is even a more likeable choice for the business owners who operate their companies remotely, from their home or country, as those who register for company incorporation in Singapore.
A registered office / virtual office in Singapore gives more benefits and almost no drawbacks if compared to a brick-and-mortar office. Thus, many companies that involve technology in the business process opt to shutter their office and send their employees home to work.
This is even a more likeable choice for the business owners who operate their companies remotely, from their home or country, as those who register for company incorporation in Singapore. The shift from a traditional office environment to a virtual office brings good for everyone: both employers and employees.
The use of a virtual office to replace the physical office eliminates commute time and reduces both overhead and operational costs. More interestingly, it is responsible for lower turnover rates, low to no technology costs, and greater access to worldwide talent.
As for the employees, working from home increases their flexibility, productivity, passion for work, and availability for social interactions. With a bunch of benefits offered by this modern way of running a business remotely, it would be a pity not to engage with services of virtual office in Singapore.
Accountsavvy PTE LTD is a leading company that offers a wide variety of services of virtual office in Singapore. The services include:
Accountsavvy PTE LTD also offers HR support services such as accounting services and payroll outsourcing. Most companies find it difficult and time consuming to not only understand the complex guidelines, but also keep track of the various claims, leave, and bonus for each employee. By engaging in our payroll services in singapore, we can take all the tedious administrative paperwork off your hands and let you focus on growing your company.