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Annual review of Singapore companyThe annual review of Singaporean companies is a mandatory procedure mandated by the Singapore government. Companies established in Singapore for one year or more are required to undergo an annual review. Failure to do so on time or without an annual review may result in fines or even company deregistration. The annual review of Singaporean companies includes convening a general meeting of shareholders (AGM), submitting annual financial statements and reports, and filing taxes with the Singapore Inland Revenue Department. This series of work is conducted once every financial year and is collectively referred to as the annual review.
No
Registered capital
10-20 day
Processing cycle
4 of them
Handling process
Number of inquiries 89
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Annual review of Hong Kong companiesThe Hong Kong government conducts an annual qualification review process for companies registered in Hong Kong to ensure their legal operation. Annual review is the basis for the legal existence of Hong Kong companies, and all companies registered in Hong Kong, whether operating or not, must undergo annual review
No
Registered capital
3-5 day
Processing cycle
4 of them
Handling process
Number of inquiries 275
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Singapore company auditCompanies registered in Singapore are required to undergo financial report review and verification in accordance with government regulations to ensure the authenticity, accuracy, and compliance of their financial reports. The audit process is carried out by an independent third-party accounting firm, typically including a review of the company's financial statements, operating procedures, business practices, policies and frameworks, organizational principles, and objectives and strategic priorities.
No
Registered capital
1-4 weeks
Processing cycle
5 of them
Handling process
Number of inquiries 32
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Hong Kong company auditHong Kong companies need to undergo their first audit after 18 months of establishment. The audit must be conducted annually on the company's year-end closing date (determined during the initial audit) and must be completed within one month. The Hong Kong Inland Revenue Department requires all companies to conduct audits to ensure that they truthfully declare taxes and avoid tax evasion and avoidance.
No
Registered capital
1-3 months
Processing cycle
5 of them
Handling process
Number of inquiries 102