Singapore Expats

Pte. Ltd. yearly expenses for paperwork, inhouse or ousource

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
Post Reply
David-asia
Member
Member
Posts: 42
Joined: Wed, 03 Dec 2008 9:59 pm

Pte. Ltd. yearly expenses for paperwork, inhouse or ousource

Post by David-asia » Sat, 06 Mar 2010 4:17 pm

As I come up on my 1year anniversary, I'm learning of new ongoing expenses.

AGM Filing (annual general meeting)
You need to file this yearly, filing cost is s$20. If you hire an outside firm to prepare it, preparation fee s$130. This will be included as a part of my secretary service package.

Taxes - preparation, filing and submission of your yearly financial statements and forms for taxes (including consulting on how to reduce etc..) s$850

I'm wondering if the AGM and tax perpetration overlaps and I'm being billed 2x? Can I use the data from the AGM for my tax forms?

Of course these costs can be eliminated if you can prepare the documentation yourself.

Do you guys self prepare our hire out?

David

PS Entrepass was renewed- took about 3 weeks from sending in renewal till approval letter. Fortunately i entered under the old criteria :)

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Business in Singapore”

Who is online

Users browsing this forum: No registered users and 6 guests