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corporate entity shifts its profits from the original place where real economic activities is carried out to a lower tax jurisdiction solely to avoid paying higher tax rate.

With effect from 31 August 2018, all private and public companies incorporated in Singapore are required to hold Annual General Meeting (AGM) within 6 months after Financial Year End (FYE). While for listed companies, AGM is required to be held within 4 months after FYE. Annual Returns can only be filed after an AGM has … Continue reading “Statutory requirements for Annual General Meeting and filing of Annual Returns”