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What do I Need to Open a Company Bank Account in Singapore?

Singapore, as a state, was formed relatively recently. Due to the need for large-scale investments, the country’s authorities decided to provide banking services to clients worldwide. Singaporean banks have an extremely high level of confidentiality, security of funds, and quality of services to achieve world-class competitiveness. Over time, the banking sector has developed so much

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Did you know? Importance of Filing Annual Returns for Singapore Сompanies

Every Singapore company must file within six (6) months from its financial year end, a filing with the Accounting and Corporate Regulatory Authority called the Annual Return. If a company fails to file its Annual Return, then the Singapore Registrar of Companies may strike the Singapore company from the Companies Register meaning it will not

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Register of Registrable Controllers Extended Deadline: June 30th, 2021

The Accounting and Corporate Regulatory Authority of Singapore have now resumed the online portal for Companies and Limited Liability Partnerships to lodge details of their Registrable Controllers from February 1st, 2021. Generally, a Registrable Controller will be an individual or company who holds 25% or more shares/voting rights in a company or who factually has

Register of Registrable Controllers Extended Deadline: June 30th, 2021 Read Post »

Accounting and Corporate Regulatory Authority (ACRA) confirm extension of COVID-19 temporary measures for company meetings

On April 9th, 2021, ACRA confirmed that the COVID-19 temporary measures for company meetings would be extended from beyond June 2021. These measures will therefore allow companies to continue to hold and carry out their board/general meetings: By permitting notices and all documents to be tabled at board/general meeting to be provided electronically or by

Accounting and Corporate Regulatory Authority (ACRA) confirm extension of COVID-19 temporary measures for company meetings Read Post »

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