Mar 1, 2010
FRS Compilation Services
Your accounts NEED NOT be audited IF:
You are a Private Exempt Company (“EPC”), which means there are no corporate shareholder in the company and the number of shareholders in the company is not more than 20.
Your company’s annual revenue does not exceed $5 million for financial years starting on and after 1 June 2004
No request for audit by shareholders who represent 5% or more of a company’s ordinary shares, or
No request for audit by banks or other creditors/financial Companies
A Company that is exempt from audit and filing requirement is still required to prepare a full set of financial statements including explanatory notes and must accompanied by the Directors’ Report and the Statement by Directors, and must be prepared in compliance with the Financial Reporting Standards (“FRS”).
It is a must to include the FRS report with your Form C filing.
Our fees start from S$150*
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Singapore Accounting, Tax, GST, FRS, Bookkeeping and Corporate Secretarial Services