Business News


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Cut-off Date for Submitting Case-by-Case Application Prior to Incurring the IT and Automation Equipment Expenditure for YA 2018

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Posted on 1 June, 2017

As the PIC scheme will expire after YA 2018, companies who need to submit a case-to-case approval prior to incurring the IT & Automation equipment expenditure, have to take note of the cut-off dates for submission.

https://www.iras.gov.sg/irashome/uploadedFiles/IRASHome/Schemes/Businesses/Productivity_and_Innovation_Credit_Scheme/Cut-off%20Date%20for%20Submitting%20Case-by-Case%20Application%20Prior%20to%20Incurring%20the%20IT%20and%20Automation%20Equipment%20Expenditure%20for%20YA%202018.pdf


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Reminder for Companies and LLPs to set up Register of Controllers

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Posted on 30 May, 2017

Effective 31 May 2017, all existing companies and LLPs (unless exempted) are required to set up Register of Controllers. Newly incorporated companies and LLPs have up to 30 days from the date of incorporation to meet the requirement. Detailed information such as the latest updated version of ACRA issued guidance, forms of notice and a video on how to set up the register are available on the ACRA website.