For this occasion, One IBC offers a special promotion package with free 3 months virtual office (equivalent US$ 500) and US$ 300 when you set up a company in Vietnam.
|Below 30||US$ 650|
|30 to 59||US$ 720|
|60 to 99||US$ 1050|
|100 to 119||US$ 1210|
|120 to 199||US$ 1450|
|200 to 249||US$ 1520|
|250 to 349||US$ 2025|
|350 to 449||US$ 2830|
|450 and above||To be confirmed|
|Services fee of Financial Statement Compilation and XBRL Services|
|from US$ 495|
An AGM is a mandatory annual meeting of shareholders. At the AGM, your company will present its financial statements (also known as "accounts") before the shareholders (also known as "members") so that they can raise any queries regarding the financial position of the company.
All companies incorporated in Singapore which are either limited or unlimited by shares (except exempted companies) are required to file their full set of financial statements in XBRL format according to the recent guidelines released by ACRA (Accounting and Corporate Regulatory Authority) Singapore June 2013.
XBRL is an acronym for eXtensible Business Reporting Language. Financial information is converted to XBRL format then, sent to and fro between business entities. Singapore government has mandated it for each Singapore company to file its financial statements only in XBRL format. The analysis of the data, thus, accumulated gives accurate information about the trends in finance.
The financial year end (FYE) of Singapore is the end of the fiscal accounting period of a company which is up to 12 months.
Generally, a private limited company is required under the Companies Act (“CA”) to hold its AGM once in every calendar year and not more than 15 months (18 months for a new company from the date of its incorporation).
Financial statements no more than 6 months old must be laid at the AGM (section 201 CA) for Private limited companies.
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