Singapore Company YearcarefulReports to be submitted:

 

1. Corporate tax reporting: The Singapore Tax Authority stipulates that in each financial year, Singapore Private Limited must report corporate tax to the Singapore Tax Authority. The payment of corporate tax is based on the pre-tax profit of the company's financial year, not the turnover. The corporate tax rate of Singapore Private Limited Liability Company is 17%.

 

2. Annual financial statement: The annual financial statement is the financial account book of the company for the current fiscal year, including the accounts, profit and loss statement, balance sheet, cash flow statement, classification notes, etc., which the directors of the company also need to add the directors' report and statement documents.

 

3. Submission of annual tax return (tax report): Singapore companies must, according to the requirements of the tax authorities, compile the annual accounting accounts, estimate the tax payable according to the requirements, fill in the tax return form, and submit it to the Singapore tax authorities for tax declaration. The reason why this process is important is that in the later stage of the company's tax reporting, the estimated taxable income statement and tax return required to be submitted are based on this report.

 

4. Annual General Meeting of Shareholders of Singapore Companies: According to Section 175 of the relevant Act of the Singapore Company Law, a Singapore company must hold its first annual general meeting within 18 months after its establishment. The annual general meeting of shareholders must be held in each subsequent calendar year, and the interval between the general meetings shall not exceed 15 months. The annual report of the annual general meeting of shareholders is similar to that of Hong Kong companies. It is necessary to sort out the resolutions voted and signed by all directors, form a formal document and submit it to the Singapore Companies Registry for filing.