In Singapore, if your company hasn’t been engaging in trade, hiring people, or generating any form of income in recent years but you still plan on reviving its operations in the future, you have the option to keep it in dormant status. Besides protecting your patents...
Are you currently keeping an inactive or dormant Singapore incorporated Company? Have you been leaving it idle for a while and never consider the impact of non-compliance with ACRA and IRAS regulations? Perhaps you should consider take actions before the...
Fraud is difficult for any company, and has far-reaching consequences beyond financial impact. For one, it threatens the sense of trust that your organization needs in order to operate smoothly. Second, fraud within your ranks can land your company in hot water with...
Juggling accounting books is not for the faint-hearted. Especially in small businesses, where tracking your finances can be the difference between life and death for your company, it can be a headache. Make sure you heed these tips for bookkeeping beginners so you can...
Small businesses tend to be a one-does-all powerhouse, and it’s not unlikely that you as the business owner will also be your own accountant. While there are many pros to doing it yourself, there comes a time when being buried in your accounting books is not a good...
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