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Showing posts from April, 2020

Get The Best Services From The Top Business Consultants

Outsourcing companies in Singapore have been providing excellent services to the businesses here. They offer various services that help these companies to fulfill all obligations. There are many tasks that the companies must complete to remain compliant with the law. These service providers are a great help for small and medium businesses that are unable to appoint skilled people for all the jobs. These companies would like to limit their staff to the minimum that is necessary for carrying out their core functions. There are many functions in a company that can be outsourced to the service providers. One of the services that are very useful for these companies is the income tax services provided by these consultants. Ensuring Prompt Payment Of Taxes There are two kinds of income taxes that companies in Singapore must make sure to pay promptly. One is the corporate income tax and the other is the personal income tax. The corporate tax is based on the earnings that a company ma

Things to know about small business accounting to fly higher - Reasons to appoint a nominee director and nominee shareholder

If you are planning to launch your online store or have just started the business, we wish you all the success. It takes both, passion and perseverance to do or think of something like that today. But, as a businessman you are well aware of the fact that to grow, you will need to satisfy new milestones now and then. To run your business steadily, you will need the help of a strong accounting team and  SME accounting  services can give you the confidence to expand your business by covering your back. v Create a bank account After getting the registration, you will need a safe place to keep the business income. You have to create a separate bank account that will keep track of the specifications of your business income and will be very helpful during tax filing. Keep in mind that, if you have registered as LLP or partnership or corporations, you must have a separate bank account. But, if you have applied for a sole proprietorship, a separate bank account isn’t necessary