Counto

MARCH 19, 2024

Filing Requirements for Private Limited Companies: All You Need to Know As a Singapore business owner, it is important to understand filing requirements for private limited companies to ensure tax compliance. During the AGM, financial statements, which should be no more than 6 months old, are presented to shareholders.

Corporation Tax 52

Corporation Tax Financial Statements Tax Accounts Payable 52

Counto

JUNE 13, 2023

5 Potential Reasons Your Tax Return May Be Flagged By IRAS Filing your business tax return requires careful attention to the tax laws and regulations established by IRAS. Inaccurate Income Reporting One of the primary reasons for a business tax return to be flagged by IRAS is inaccurate income reporting.

Tax 52

Tax Financial Statements Reconciling Corporation Tax 52

Billah and Associates

JANUARY 27, 2021

Corporate tax deadlines are a little different than personal tax deadlines. For tax purposes, corporations can have year-ends that are not December 31st. Corporate tax return filings are due 6 months after the year-end For eg, a December 31, 2022 year-end would have a June 30, 2023, due date.

Tax 52

Tax Corporation Tax Financial Statements Bookkeeping 52

Remote Quality Bookkeeping

APRIL 3, 2023

Although many of the tax breaks that the government established at the beginning of the COVID-19 pandemic have expired by now, the IRS has been looking for ways they can help relieve some of the financial stress Americans face. Are you aware of these recent IRS changes and how they may affect the amount of taxes you pay in 2023?

Tax 52

Tax Corporation Tax Bookkeeping Small Business Accounting 52

Counto

MARCH 23, 2024

Comparability: By standardising accounting language and practices, SFRS ensures that financial statements from different companies can be easily compared. This allows stakeholders to better understand and analyse financial data for decision-making.

Financial Reporting 52

Financial Reporting Accruals Financial Statements Corporation Tax 52

Counto

FEBRUARY 7, 2024

From incorporating your entity to managing taxes and annual returns, this comprehensive guide sheds light on the essential steps to ensure compliance and success in your inaugural year. Months 7-12: Taxes and Annual Returns Towards the end of the first year, focus shifts to corporate tax considerations and annual return filings.

Corporation Tax 52

Corporation Tax Payroll Financial Statements Accounts Payable 52

Accounting Tools

OCTOBER 4, 2023

Related Courses C Corporation Tax Guide Types of Business Entities What is a Parent Company? Parent Company Financial Statements The general purpose financial statements of the parent company are considered to be those that include the consolidated results and financial positions of its subsidiaries.

Financial Statements 40

Financial Statements Corporation Tax Tax Accounting 40

Counto

MARCH 13, 2024

Tax Benefits and Incentives Singapore offers attractive tax incentives for local companies, and private limited companies are no exception. With a flat corporate tax rate of 17% on chargeable income, Pte Ltd businesses enjoy a favourable tax environment.

Corporation Tax 52

Corporation Tax Tax Financial Statements Accounting 52

Counto

FEBRUARY 13, 2024

Filing Obligations for Dormant Companies Despite dormancy, companies are required to fulfil certain reporting obligations , including: Tax Return : Even in the absence of income, a dormant company is required to submit its Corporate Income Tax Return (Form C-S/ Form C-S (Lite)/ Form C) to IRAS by November 30 each year, unless exempted.

Financial Statements 52

Financial Statements Corporation Tax Tax Financial Records 52

Accounting Tools

OCTOBER 14, 2023

Related Courses C Corporation Tax Guide Types of Business Entities What is a Shareholder? A shareholder is an individual or entity that owns the shares of a corporation.

Corporation Tax 40

Corporation Tax Financial Statements Tax 40

Billah and Associates

SEPTEMBER 10, 2018

Moreover, as your business grows, tasks such as managing business transactions, financial audits, and tax payments can get increasingly complex and can lead to legal penalties for poor compliance. Generating financial statements on a regular basis for you to understand and keep track of your company finances.

Small Business Accounting 52

Small Business Accounting Accounting Accounting Corporation Tax 52

Billah and Associates

MARCH 18, 2018

Accounting services like tax planning, bookkeeping, payroll, and others can steal most of your productive time. Saves Tax Planning Headaches Tax planning is an exhaustive process that needs a sound financial plan, knowledge of stocks, dividends, interest, bonds, capital gains, mutual funds, investments, life insurance, and more.

Payroll 52

Payroll Accounting Accounting Bookkeeping 52

AvidXchange

MARCH 22, 2024

These include: • Month- and year-end closes • Audit and tax season • Budgeting season • Holidays and personal time off (PTO) During these periods, time management tips for accounting and finance professionals are especially important. Invoices were coming in manually. They were circulated for approval either by e-mail or paper folders.

Accounting 52

Accounting Accounting AP Budgeting 52

Accounting Tools

OCTOBER 6, 2023

Related Courses Business Strategy C Corporation Tax Guide Types of Business Entities What is a Conglomerate? The financial results of the subsidiaries are consolidated into a single set of financial statements for the entire entity.

Corporation Tax 40

Corporation Tax Financial Statements Tax 40