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So far Daryl has created 170 blog entries.

Tax obligations before striking off a company in Singapore

Part of the striking off process of a Singapore company involves clearing all outstanding taxes and tax obligations to the Inland Revenue Authority of Singapore (IRAS). If these are not cleared, IRAS may object to the application for striking off. The company in question should ensure the following: All outstanding tax returns (Form C-S/C) are [...]

By |2020-08-21T17:17:44+08:00August 21st, 2020|Useful Articles|0 Comments

Commencement Of New Requirements To Lodge Registrable Controllers’ Information With ACRA From 30 July 2020

Update as of 24 July 2020 The new requirements for companies and limited liability partnerships (LLPs) to lodge their Register of Registrable Controllers (RORC) information with ACRA will take effect from 30 July 2020. Under the law, all companies, foreign companies and LLPs, unless exempted, are required to file the information in their existing RORC with ACRA’s [...]

By |2020-08-21T16:21:11+08:00August 21st, 2020|Latest News and Announcements|0 Comments

What is the difference between a social enterprise and a charity?

Very often people do get confused by social enterprises and charities. Even though they may seem similar in nature, there are clear and obvious distinctions. For a non-profit organisation to be called a charity, it has to apply for charity status. For the sake of this article, we will use charity and non-profit organisations to [...]

By |2020-07-26T14:57:56+08:00July 27th, 2020|Questions and Answers|0 Comments

What is a Social Enterprise?

A social enterprise is a business that has specific social objectives that serve its purpose. Social enterprises are still firms that aim to maximise profits while maximising benefits to society and the environment. The profits of social enterprises are primarily used to fund social programs. Social enterprises are somewhat middle ground between a traditional profit [...]

By |2020-07-26T14:22:30+08:00July 26th, 2020|What Is...|0 Comments

Business and IPC Partnership Scheme (BIPS)

The Business and IPC Partnership Scheme (BIPS) is a scheme that allows 250% corporate tax deduction on qualifying expenses when a business' or company's employees volunteer, provide professional services to recognised Institutions of Public Character (IPCs) The employee of a business or company in Singapore can qualify for the BIPS scheme provided: he or she [...]

By |2020-07-16T10:08:11+08:00July 16th, 2020|Useful Articles|0 Comments

Do I need to register my Trademark in Singapore for my business?

According to the Intellectual Property Office of Singapore (IPOS), A trademark is a sign that you can use to distinguish your business’ goods or services from those of other traders. It can be represented graphically in the form of your company’s name or logo. A trademark can add value to your business. Using a trademark [...]

By |2020-07-15T09:27:37+08:00July 15th, 2020|Questions and Answers|0 Comments

What is a Data Protection Officer?

Under the Personal Data Protection Act (PDPA), organisations are required to appoint at least one person as the Data Protection Officer (DPO). The broad role of the DPO is to ensure that the organisation complies with the PDPA. The DPO can either be a person from within the organisation or the organisation can appoint a [...]

By |2020-07-07T10:15:52+08:00July 7th, 2020|What Is...|0 Comments

What is a Chief Executive Officer (CEO)?

The term Chief Executive Officer, or CEO, refers to the most senior executive decision-maker in the company. In many instances, the term CEO and Managing Director (MD) is used interchangeably. The Companies Act defines the CEO as a person who is principally responsible for the management and conduct of the company and its business. So [...]

By |2020-07-03T11:45:38+08:00July 3rd, 2020|What Is...|0 Comments

Guide for Notice of Extraordinary General Meeting

If a company wants to hold an Extraordinary General Meeting (EGM), it has to send out a written notice to all its shareholders to inform them of the meeting. The notice period may differ between private and public companies. If a private company would like to hold an EGM to pass an ordinary or special [...]

By |2020-06-30T11:14:22+08:00June 30th, 2020|Useful Articles|0 Comments
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