According to the Singapore Companies Act and Singapore Financial Reporting Standards, company directors have the responsibility of ensuring that all the financial records of their respective companies are well maintained including the statement of changes in equity, cash flow statement, balance sheet, income statement, and notes to accounts. These documents are essential in filing annual returns with ACRA and IRAS.
The company directors must see to it that all financial records are duly prepared prior to the company’s scheduled annual general meeting and subsequently be submitted with Form C in filing the annual corporate tax return with IRAS.
Richmond offers a post-incorporation promotion package that help businesses with the compilation of their unaudited financial statements and reports. For S$998, the Annual Compliance Promotion Package is inclusive of the following services:
Annual Compilation Package for 2nd Year |
S$998 |
Annual Corporate Secretarial Services |
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Income Tax Computations and returns |
✓ |
Compilation of Unaudited Financial Reports |
✓ |
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