The annual review is completed by the company's secretary. After the company holds the annual general meeting, the secretary needs to submit the company's annual financial report or audit report within 30 days.
Annual General Meeting: Singapore's company law requires that the first annual general meeting be held within 18 months. Then the annual general meeting needs to be held every year, and the interval between the annual general meeting and the annual general meeting can not exceed 15 months , otherwise there will be a fine, the fine amount is 300 SGD.
Accounting services Singapore's accounting standards are basically consistent with international accounting standards, and Huaxin provides accounting outsourcing services according to different situations of the company.
From July 1, 2015, Singapore companies need to further relax the requirements for auditing companies, and Singapore that meets the following two requirements needs to be audited:
1. Singaporean company's annual turnover exceeds S$10 million
2. The assets of the Singapore company exceed S$10 million
3. Singapore company has more than 50 employees
4. Huaxin can provide audit services for Singapore companies that need to be audited
The tax reporting period of Singapore companies is to report corporate tax in the second year of the financial deadline, and the reporting period is from May 1 to November 30.
EV can assist in handling company tax reporting and the following services:
1. Consumption tax application, reporting, cancellation
2. Application for tax residence
3. Financial report of employee tax
4. Tax planning
5. Apply for tax relief (Global Trader Programme )