The advent of the Web has revolutionized the way things are done. Nearly every thing can be taken care of through the Web, you can shop for clothes, shop for groceries, have food delivered, market your products, communicate with individuals, and apply for jobs. Now online tax return has also become available for people who don’t want to be stressed out by manually filing their taxes.
Annual General Meeting
Under Section 175 of the Singapore Companies Act, a local company is required to hold its first Annual General Meeting (AGM) within 18 months of its incorporation. At the AGM, the directors shall present the company’s accounts that comply with the requirements of the accounting standards and give a true and fair view of the status of the company to its shareholders. Subsequent AGMs must be held every calendar year and the interval between these meetings should not be more than 15 months apart.
Read more on Information on filing of Annual Return for Singapore Companies…
The law requires every company to hold its AGM and file its annual return every year. The Singapore Companies Act does not prescribe the minimum level of qualifications of the persons required to help the companies prepare the accounts.
Withholding tax is levied on payments made to non-residents including employees, business partners and overseas agents.
This guide provides an overview of Singapore’s personal income tax rates, taxable income, capital gains tax and income tax returns filing.
This guide provides an overview of Singapore’s personal income tax rates, taxable income, capital gains tax and income tax returns filing.