sorry can explain a bit?Originally posted by EkBoy:depends u register wat type.
dun have to realli do much.. can juz go register a company wif super low built up capital like few dollars wif R.O.C
cheap light goods vehicle mah... runs on diesel and stuff... good part i guess is 4 wheeled transport onthe cheap ba..Originally posted by FireIce:if relli so good how come he oni settling for a kangaroo?....i mean.......kangoo?
not so means still gotta submit some... which is..?Originally posted by joemit7850:if register for sole propietor cost 100+ but Pte Ltd 300+
Pte Ltd need submit a lot of detail end of the year but not so much on sole P
if you declare your company losing $ ... then no need pay tax ... what your friend said is true ... but still must send in accounts for audit like someone said above ...Originally posted by nOrmalbOi:not so means still gotta submit some... which is..?
I believe you are referring to the 1 dollar companies. They have already closed that loophole.Originally posted by EkBoy:depends u register wat type.
dun have to realli do much.. can juz go register a company wif super low built up capital like few dollars wif R.O.C
How are you going to come out with a set of accounts? If kena caught, very serious offence leh. They are closing the loop on holding companies now.Originally posted by nOrmalbOi:then if wan must fast rite... wait more ppl do this... then govt close the hole again..
thanks guys
Closing? Means not closed yet? Anyway, which particular law/clause/loop is it? Any idea when are they closing the supposed loophole that you guys are talking about? On top of that, what's the penalty?Originally posted by DummiesInc:How are you going to come out with a set of accounts? If kena caught, very serious offence leh. They are closing the loop on holding companies now.