Every company has a Financial Year End (FYE) date that, as statutory compliance, helps determine the due dates of certain financial reports such as corporate taxes and annual returns. Typically,
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A Start-up Guide That All Tech Entrepreneurs Must Know
Singapore is known as Asia’s central business hub and a country where many businesses want to set up. Hence, many entrepreneurs consider incorporating their company here in Singapore. One may
Corporate Secretaries: The Backbone Of Every Business
According to the Accounting and Corporate Regulatory Authority (ACRA) regulation, every incorporated firm has to have at least one corporate secretary in their company to ensure that it is compliant
Why It Is Vital For SMEs To Outsource Its Account Management
It can be overwhelming running a business, especially for SMEs and start-ups. From taking care of staff to getting important deals and planning for the future, many companies struggle to
How & Why Every Business Must Practise Good Cash Management
Cash management is vital in every business operation. It is usually coined as the business’s “lifeblood”. Regardless of whether your business is going through an excellent sales record and is
Accounting Strategies Every SMEs Should Be Aware Of
Most SME owners are not accountants by trade. Whatever their background is, whether it be product development, management, HR, or IT, business owners must know the basics of financing and
8 Ways To Boost The Profitability Of Any Accounting Firm
Every business’s goal is to ensure increased profitability. It is a fundamental aspect of expanding and maintaining a company. For small and mid-sized accounting and tax firms, there are many
Steps You Can Legally Take To Lower Your Corporate Tax
At 17 per cent, Singapore is among the world’s lowest when it comes to corporate tax rates on chargeable income. Ever since the start of 2003, Singapore has implemented a
