marketing

2018-04-05
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Withholding Tax Filing

Withholding Tax Filing Extension of Withholding Tax Filing and Payment Due Date  New! In light of the latest measures to manage the COVID-19 situation, the filing due date for all S45 Withholding Tax Forms due in Apr 2020 will be automatically extended to 15 May 2020. The payment due date will also be extended to 15 May 2020. For those on GIRO and who file by 15 April 2020, the deduction date remains as 25 Apr 2020. If GIRO deduction is unsuccessful, a second GIRO deduction will be automatically scheduled for 25 May 2020.  For those on GIRO and who file by […]
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2018-04-09

Employer’s Documents

Employer’s Documents The Fair Consideration Framework (FCF) sets out the requirements for all employers in Singapore to consider candidates fairly for job opportunities. Before hiring foreign employees, companies need to provide job opportunities to locals (citizens or permanent residents). Therefore, before submitting an EP application for a foreign employee, the company must publish a job advertisement on a public recruitment website in Singapore. EP applications can only be submitted 14 days after the advertisement is published. Sites where ads can be posted: mycareersfuture.sg jobstreet.com.sg jobscentral.com.sg and many more   The advertisements issued by the company must be fair and open, and must not […]
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2018-04-19
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Share Allotment

Share Allotment A private limited company in Singapore is limited in terms of shares when it is registered. The shares of each shareholder of the company are calculated according to the number of shares held by each person and how much each share is worth. At different times, the shares of different investors may have different nominal values. This shareholding structure facilitates later changes in the company such as the issuance of additional shares, transfers, premiums, etc. When the company needs to issue additional equity shares, it first needs to pass a board resolution to decide how many new shares […]
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2018-04-24
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Strike Off Company

Strike Off Company If a company in Singapore decides to cease doing business, it can apply to the Accounting and Corporate Regulatory Authority of Singapore (ACRA) to have its name removed from the Companies Register, a process known as “striking off”. Firstly, the company should pay unpaid taxes. For a company to successfully apply for cancellation of the company with ACRA, the company must not owe any tax liabilities and obligations to the Inland Revenue Authority of Singapore (IRAS), otherwise, the IRAS will oppose the company’s cancellation application. Therefore, a company must ensure that all outstanding tax obligations and liabilities […]
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2018-04-27
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Withholding Tax Requirements

Withholding Tax Requirements Who Are Non-Resident Companies or Individuals To determine whether withholding tax is applicable, the Payer has to ascertain that the payment was made to a company or an individual who is Non-Resident in Singapore. Non-Resident Company A company is either a tax resident or a non-resident of Singapore. In Singapore, the tax residency of a company is determined by the place in which the business is controlled and managed. “Control and management” is the making of decisions on strategic matters, such as those on company policy and strategy. Where the control and management of a company is […]
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2018-05-31

Trade Mark Renewal

Trade Mark Renewal The effective period of the registered trade mark is 10 years from the date of application. If the registered trade mark needs to be used after the expiry date, the right holder should apply for trade mark renewal 6 months before the expiry date. Each renewal is valid for 10 years.   Although it is not necessary to register a trade mark to use it, trade mark registration adds tremendous value to enterprises. By obtaining a trade mark registration, the trade mark owner has the right to control the use of the trade mark. This includes the […]
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2018-05-31

Applicant’s Documents

Applicant’s Documents EP applicants are required to prepare the following documents: A personal details page in the applicant’s passport, or one of the following if the name in the passport differs from other documents: Letter of explanation and supporting documents such as deeds An affidavit An up-to-date business overview or instant information about the company’s registration with ACRA Educational credentials, such as degrees Edu Cert Additional Documents Required India A complete transcript or mark sheet indicating the university the applicant attended. China Documentary evidence of diplomas and higher qualifications obtained from the following sources: Academic Qualifications: China Center for Higher […]
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