Category Archives: Best Article

Start A Singapore Corporation And Its Legal Requirements

Start A Singapore Corporation And Its Legal Requirements

A Singapore corporation provides several advantages especially in terms of bankruptcy protection and tax exemptions and benefits. With this, many foreign and local entrepreneurs choose this legal business formation for their companies.

However, corporations are required to follow certain legalities stated by the Singapore Companies Act. In addition, it is a mandatory for the business to submit an annual filing requirement to the Accounting and Corporate Regulatory Authority (ACRA) and the Inland Revenue Authority of Singapore (IRAS).

Meanwhile, these are the basic legal requirements for corporations in Singapore, according to Asiabiz which is the countrys leading business solutions provider.

1. Company secretary

Within six months of incorporating a company, it is a legal requirement in Singapore to appoint a qualified secretary who must be a local resident and has a professional knowledge in handling all the compliance matters stated by the countrys corporate law.

2. Submission of the financial year-end document

This document is the basis for the deadline for the submission of the accounting requirements and financial statements.

3. Corporate meeting (also called as the annual general meeting)

This is a required formality which must be held within 18 months of incorporating a company. Meanwhile, the succeeding meeting will be held once every fiscal year but not more than 15 months apart.

4. Directors report

This report must consist the unaudited financial statements including the income statements, balance sheet, etc.; the directors and shareholders interest and accounts; disclosure of the companys operations; and documents showing the accounting policies adopted by the company.

5. Annual returns

Annual returns, which consist of financial accounts of a company, should be filed to ACRA one month after the companys annual general meeting.

6. Registration number

ACRA issues the business registration number which must be present on a companys invoices, billings, letterheads, and other business documents used for communications purposes.

7. Tax returns

Tax returns including the directors report, tax computation, and Form C must be filed earlier than 31st October.

8. Estimated chargeable income (ECI)

The ECI is an estimate of a corporations chargeable income for the Year of Assessment. To submit this requirement, a company should provide these following information: estimated revenue, financial year-end, and estimated profits.

9. Form C

This form should be filed every June after a fiscal year. However, this deadline may be extended until December if a company has submitted its ECI within three months after the end of its accounting period.

10. Audited or unaudited accounts

For a private limited company with less than S$5 million of turnover, IRAS will allow it to file unaudited accounts. However, the agency is stricter for the branch offices of foreign companies which are required to submit the parents audited financial statements.

Skymol Corporation Launches White Label Solution Of Its Live Video Chat Software Platform

Skymol Corporation Launches White Label Solution Of Its Live Video Chat Software Platform

Through the white label program, partners now can privately label Skymol’s best-in-class, on-demand live chat software platform and resell it to customers as their own.

“We’re excited to provide partners with the opportunity to expand their business offerings using Skymol’s cutting edge cloud-based live video chat solution,” said Thomas Morocz, Chief Strategy Officer & Co-Founder of Skymol Corporation. “Our reseller partners can benefit from the ability to provide SMEs with white labeled live video chat software offerings that provide aggressive remuneration,” continued Morocz.

The program provides partners with a number of benefits:

The platform is cloud-based, run on Skymols top tier servers located in datacenters in Houston, TX, USA, protected by industry standard security technology, such as firewalls and security analyzers using SSL (Secure Socket Layer) encryption, power backup and redundant Internet connectivity. There are no onsite servers to build, install or maintain.
Partners can utilize a white label customization interface that is available online to upload their header images and logos displayed in the chat windows, change window titles, colors, header and footer texts that will be shown to their own customer base.
Partners are provided with a FREE full featured Skymol Communicator Business Edition account with 1 agent license (seat). Additional agent licenses (seats) are available at discounted price for them.
Partners have direct contact with their clients. Skymol never contacts them, it communicates only with Partners.
Partners set their own prices and bill their customers.
Free technical support.
And much more.

We are committed to building our white label partner program and working with companies to provide the support they need to succeed in expanding their offerings with privately labeled Skymol technology, concluded Morocz.

Reseller partners interested in participating must meet certain criteria. Skymol will qualify reseller candidates to make sure that they have an applicable business to distribute the offering, and they also must meet minimum monthly revenue requirements to maintain all the benefits the program provides them. To ensure the success of new partners in the program, Skymol is providing training, tutorials and datasheets that can be branded. Skymol will also provide free technical support to white label partners. For more information on the Skymol White Label Partner Program, contact Thomas Morocz, Chief Strategy Officer at +82.10.7120.7551 or via e-mail at thomas.morocz [at]

About Skymol Corporation
Skymol Corporation, a provider of technology facilitating on-demand real-time online customer interaction using voice, video, and text chat communications. Skymol has set itself apart as an innovator through its pioneering suite of applications, delivering its solutions to the enterprise and SME market. Its key mission is to pioneer live video chat solutions for sales and customer service. Skymol operates from Hungary, EU and runs an extensive Technology Development Center there. Its Asian division is based in Seoul, South Korea. Skymol’s competitors include Boldchat, Liveperson, Velaro and Talisma. For further details, please visit us at .

ASEAN Human Rights Body Inaugurated, But Activists Barred from Dialogue

ASEAN Human Rights Body Inaugurated, But Activists Barred from Dialogue

Southeast Asian leaders have inaugurated the region’s first body to promote human rights at summit meetings in Thailand. But the inauguration was overshadowed by activists being barred from a dialogue with Southeast Asian leaders and tension between the Thai and Cambodian prime ministers.The Association of Southeast Asian Nations on Friday marked the establishment of its inter-governmental commission on human rights, known as AICHR.Speaking at the ceremony marking the occasion, Thai Prime Minister Abhisit Vejjajiva said it was a significant advancement for ASEAN and placed human rights at the center of its agenda. “The responsibility now rests on all of us to work together to move AICHR forward, to make it credible and effective in the promotion and protection of human rights,” he said.Human rights activists talk to reporters after meeting with ASEAN leaders in Cha-Am, southern Thailand, 23 Oct 2009

But as the annual ASEAN summit in Hua Hin was celebrating the new rights body, rights activists were lamenting.Half of the representatives they chose for an ASEAN-civil society dialogue Friday were not allowed to meet Southeast Asian leaders, while those who were allowed into the meeting were not permitted to speak. The rights activists representing Indonesia, Malaysia and Thailand walked out in protest. The governments of Burma, Cambodia, Laos, Singapore, and the Philippines rejected the activists meant to represent their countries.The governments of Singapore and Burma went one step further by choosing their own representatives for the talks. Debbie Stothard is with the regional rights group Alternative ASEAN Network on Burma.”And by trying to pick people that they feel comfortable who will be ‘yes’ people and echo what they want does not solve the problem, it merely prolongs it. This region cannot afford to let these problems continue,” she said.It was not the first time ASEAN leaders rejected scheduled dialogue with activists. At ASEAN meetings in February, Cambodia and Burma refused to meet with representatives chosen by rights groups.ASEAN Sec. General Surin Pitsuwan, Phuket, Thailand (File)le)

ASEAN Secretary General Surin Pitsuwan told VOA that some flexibility was needed for ASEAN members that were not at the same level of what he called “democratic evolution.”In other controversy at the ASEAN summit, Cambodian Prime Minister Hun Sen repeated an offer to welcome Thailand’s former Prime Minister Thaksin Shinawatra to stay in Cambodia.Thaksin was ousted in a 2006 military coup that led the current government to power. He fled Thailand to avoid corruption charges and has since been encouraging anti-government protests that forced the cancellation of an April ASEAN summit.Thai Prime Minister Abhisit Vejjajiva told journalists that Mr. Hun Sen was misinformed about Thaksin and should not allow himself to be a pawn or make decisions that could affect Thai-Cambodia relations.

New Government Initiatives To Boost Real Estate Sector In India

New Government Initiatives To Boost Real Estate Sector In India

At the Government level many new policy initiatives have been taken recently to boost the real estate Property in India . These policy decisions will lend a stimulus and impetus to the industry. It is beyond doubt that the new initiatives will unlock the potential of the sector. Also, along with the stimulus package announced by the Government, the Reserve Bank of India (RBI) has taken a definitive step whereby banks are allowed to devise new schemes beneficial to the property sector.

As part of the Government initiatives to boost real estate boom sector India, RBI has declared concessional schemes for the real estate sector. Such initiatives include:
Urban Land (Ceiling and Regulation) Act, 1976 (ULCRA) repealed by increasingly larger number of states.
In case of integrated townships, the minimum area to be developed has been brought down to 25 acres from 100 acres.
51 per cent FDI allowed in single-brand retail outlets and 100 per cent in cash-and-carry through the automatic route.
Full repatriation of original investment after three years.
Minimum capital investment for wholly-owned subsidiaries and joint ventures stands at US$ 10 million and US$ 5 million, respectively.
100 per cent FDI allowed in realty projects through the automatic route.

Further, in its endeavour to initiate new policies to boost the real estate sector in India, the Ministry of Commerce and Industry, Government of India, has taken steps to reduce the time taken to develop special economic zones (SEZs) by simplifying the procedures to get the tax-tree industrial enclaves notified. Now developers can easily get their land classified as an SEZ at the outset itself by producing title deeds to prove their ownership. Again, the Government has announced several concessions in the Budget 2008-2009.

New Government initiatives to boost sector of Real Estate India include granting a tax holiday on profits from initiates in the financial year 2007-2008. In order to enjoy this benefit, the housing projects should be of the affordable housing unit type of 1000 to 1500 square feet. Another condition is that such projects should be completed by March 1, 2012. Further, the Finance Ministry has allocated US$ 207 million to grant 1% interest subsidy on home loans up to US$ 20, 691. In order to avail this benefit, the cost of the home should not be above US$41, 382. It is believed that these initiatives will be add further impetus to the real estate sector in the country.

Exam Revision Courses For A Level Economics And Chemistry

Exam Revision Courses For A Level Economics And Chemistry

present and communicate judgements clearly. The economics a2 revision course covers a range of basic economic ideas, including an introduction to the price system and government intervention, international trade and exchange rates, the measurement of employment and inflation and the causes and consequences of inflation.

Students on our economics a2 revision course also study the price system, the theory of the firm, market failure, macroeconomic theory and policy, and economic growth and development. At Exam Confidence, we pride ourselves on delivering a unique and tailored experience to every single Economics student, by requesting that they each complete a detailed pre-course questionnaire; this information is used to help our Economics examiners to prepare an appropriate and personalised Economics course.

A lot of you worry about youre a level chemistry revision. We figure we might as well extend as much help, by telling you about our offer with our a level chemistry revision. We know that there may be some things you wish to know before you started your Chemistry A Level as well as some things that have worked for you.

Before you start youre a level chemistry revision with Exam Confidence, the things you learnt in Chemistry GCSE are expanded upon in larger and more precise detail, so things shouldn’t be tested on GCSE level, though the knowledge is very useful. Think carefully of why you’re doing A Level Chemistry and brace yourself with a bit of work. Importantly, you must obtain details of the exam board you’re sitting. What specification will you be meeting? Your specifications will be available on the examination board’s website. You must ensure that you’re looking at the right year and that you have the right specification.

A Level revision with Exam Confidence is the best A Level revision in London for learning the exam techniques for youre a Level exam. Here at Exam Confidence, we run A Level revision through relevant units and through several exam boards. It is for that reason that we ensure that each student is placed on revision courses, which run as small class sizes and are tailored to each individual learning. If you would like to get in touch with us, our educational liasion officer is more than happy to guide you towards a revision course most suited to you.

During your exam revision course, you will work alongside an examiner trained teacher who will help you fully understand the pitfalls and techniques required to achieve maximum marks. During youre a level revision course, you will be given clear advice and guidance as to how to organise and prioritise your own revision over the crucial final weeks leading up to the exams.

Asia Pacific Holds Majority Share In World Lng Demand

Asia Pacific Holds Majority Share In World Lng Demand

The requirement of energy sources are escalating every year. Traditionally, the demand had been fulfilled by coal and other fossil fuels. However, during the past few years, natural gas has been given preference over coal and other fossil fuels. Increasing crude oil and coal prices in the international market along with clean power development pressure are the main factors responsible for these changes. Hence, LNG is quickly becoming the most internationally traded commodity in the world. Asia Pacific is the traditional hub of the global LNG business, particularly due to an increased emphasis on environmental safety.

The LNG demand in the Asia-Pacific region is increasing with an increase in demand from various countries. For instance, China’s natural gas demand growth is being driven by the governments effort to curb pollution. Demand from Japan is also increasing with a shift in the focus to natural gas for power generation. Additionally, the demand from countries like India is increasing on account of high GDP growth rate. Thus, Asia-Pacific region dominates the demand for LNG in the global LNG market, says Asia Pacific LNG Market Outlook 2020, a recent report by RNCOS.

The report evaluates Asia-Pacific LNG Industry in detail. It identifies major LNG import and export markets and presents their current industry status. Each of the countries is studied thoroughly with special focus on demand and supply scenario of the country; major LNG receiving terminals/production plants; under construction and proposed LNG receiving terminals/production plants; and medium- and long-term receiving/supply contracts. Forecasting of LNG demand/supply for 2015 and 2020 of each country is also provided in the report. Competitive landscape with profiling of major oil and gas companies in the LNG sector are also included in the report. The section covers brief business overview, key financials, and recent development of the company. Overall, the report provides complete overview of the market that can help clients to frame their strategies accordingly.

For FREE SAMPLE of this report visit:

Some of our Related Reports are:

– Indian Natural Gas Sector Analysis ()
– Russian LNG Market Analysis ()
– Global LNG Market Analysis ()

Check Related REPORTS on:


RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

Opportunity To Shop In The Asia Pacific Region

Opportunity To Shop In The Asia Pacific Region

Shop Until You Drop: Mass Grocery Retail In The Asia Pacific Region( ) is a new special report by leading independent economic forecasters on the Asian food retail market. The report provides regional commentary and opinion across 14 countries, SWOT analyses across the Asia region and forecasts to 2012 for the grocery retail industry.

This new special food retail report also features individual country chapters on Australia, China, India, Indonesia, Hong Kong, Japan, Malaysia, Pakistan, The Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. Each country section features comparative performance indicators of the major grocery retail formats (supermarkets, hypermarkets, discount stores and convenience stores) and the independent sector against the major retail chains. SWOTs on the region’s leading retailers include company overviews, strategies, store networks and grocery market positioning. Each profile covers key statistics including financial performance, number of retail outlets and employees. Shop Until You Drop: Mass Grocery Retail In The Asia Pacific Region also includes a macroeconomic forecast for each Asian market for 2008-2012 and future risks to growth as predicted by BMI.

Key Benefits of Shop Until You Drop: Mass Grocery Retail In The Asia Pacific Region Identify and evaluate the growth opportunities across 14 key Asian grocery retail markets – including the relationship between the independent sector and major retail formats in this expanding region. Benchmark competitors and peers in each food retail market using recently researched company profiles, featuring latest intelligence on over 15 leading Asia grocery retailers, analysing competitive positioning, opportunities, risks and strategies of each company. Compare your own views and forecasts for market performance against independent 5-year industry forecasts for the Asia’s mass grocery retailers. Executives who will benefit most from Shop Until You Drop: Mass Grocery Retail In The Asia Pacific Region Strategists – Gain an insight into the commercial opportunities available in the Asia’s food retail market, using our clearly-explained medium-term economic forecasts (2008-2012) to benchmark your own growth projections. Risk Managers – Discover the key Industry, Political, Economic and Operational risks facing companies in these rapidly developing Asia Pacific Markets. Country Managers – Gain an insight into the country-specific growth trajectories and the key strengths of your clients and competitors in the food retail industry.

For more information please visit : Or Contact us at:

Bharat Book Bureau Tel: +91 22 27578668 Fax: +91 22 27579131 Email: Website:

Out of Touch Governments Display Their Ignorance With VoIP

Out of Touch Governments Display Their Ignorance With VoIP

It never ceases to amaze me how people in the government who are responsible for keeping an eye on technology and analyzing its effects can be so blind to the realities of a situation. One would think that being head of a telecommunications or an IT department of a country should somehow be enough of a qualification to be able to understand the issues and to see for yourself what’s what. Unfortunately, the reverse seems to be true. Sometimes it seems that the most ill-informed and technology blind people are elevated to the position of having to decide how technology should progress!

Governments across the world have struggled with slotting Internet-based calling services or VoIP into their traditional regulatory framework. But they’re stymied by the fact that a VoIP network shares very little in common with the traditional PSTN system. To start off with, you don’t require massive amounts of infrastructure and you don’t need to layout miles of wire both above and under the ground in order to build it out. Its beauty is that it works off the underlying Internet connection which is already set up and available to everyone. So the barriers to entry vanish almost overnight.

Second, VoIP is merely another Internet-based application. True it distinguishes itself from normal web traffic from being P2P and real-time, but so does online gaming. It is impossible to pick and choose what Internet services are going to be regulated and what won’t be simply due to the functionality. This leads to an unnecessary discrimination against specific types of traffic that is unwarranted.

The government in Saudi Arabia for example has foolishly decreed that only operators with a telecom license are able to provide VoIP services thereby essentially making programs like Skype illegal. The futility of such a gesture is obvious given the ease with which it can be used. You can’t possibly prosecute thousands of people for using software that is itself is beyond your control. People are going to use the Internet in whatever way they please and will find ways around governments trying to protect the old way of doing things and keep the old revenue-generating business models intact.

Even countries with far more powerful and sophisticated surveillance systems and firewalls like China are unable to maintain control over the Internet. It’s an exercise in futility and the faster government bodies around the world recognize this, the easier everyone’s life can be.

Asia Pacific Nephrology and Urology Devices Market Outlook to 2016

Asia Pacific Nephrology and Urology Devices Market Outlook to 2016

Original Source : Nephrology and Urology Market

Buy Now : Market Research

Browse all : Medical Devices

Asia Pacific Nephrology and Urology Devices Market Outlook to 2016

GlobalData’s new report, -Asia-Pacific Nephrology and Urology Devices Market Outlook to 2016- provides key market data on the Asia-Pacific Nephrology and Urology Devices market Japan,Australia,China and India The report provides value (USD million) data for all the market categories – Incontinence Devices, Renal Dialysis Equipment and Lithotripters The report also provides company shares and distribution shares data for each of the aforementioned market categories. The report is supplemented with global corporate-level profiles of the key market participants.

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts.


Countries covered include Japan,Australia,China and India.

Market size and company share data for Nephrology and Urology Devices market categories Incontinence Devices, Renal Dialysis Equipment and Lithotripters

Annualized market revenues (USD million) data for each of the market categories in each of the country. Data from 2002 to 2009, forecast forward for 7 years to 2016.

2009 company shares and distribution shares data for each of the market categories and countries.

Global corporate-level profiles of key companies operating within the Asia-Pacific Nephrology and Urology Devices market.

Key players covered include Fresenius Medical Care AG & Co. KGaA, Unicharm Corporation, Baxter International Inc., Gambro AB, Kimberly-Clark Corporation, Asahi Kasei Corporation, Svenska Celulosa Aktiebolaget SCA, NIPRO CORPORATION, NIKKISO CO., LTD., B. Braun Melsungen AG, C.R. Bard, Inc., Covidien plc, Coloplast A/S and Teleflex Incorporated.

Reasons to buy

Develop business strategies by identifying the key market categories and segments poised for strong growth.

Develop market-entry and market expansion strategies.

Design competition strategies by identifying who-stands-where in the Asia-Pacific Nephrology and Urology Devices competitive landscape.

Develop capital investment strategies by identifying the key market segments expected to register strong growth in the near future.

What are the key distribution channels and what’s the most preferred mode of product distribution – Identify, understand and capitalize.

Economics Tuitions For A Level Students In Singapore Give High Grades

Economics Tuitions For A Level Students In Singapore Give High Grades

For many students in junior college, some of the subjects may be difficult to follow and Economics is considered tough for many of them. Fortunately in Singapore, there are several experienced professors who provide coaching classes for pupils who need better explanation of the concepts. In fact, such coaching classes are becoming popular in Singapore especially when the tutor is competent enough.

Tuitions in Economics

Singapore coaching classes are benefiting several students; hence even, A level Econs students are opting for private coaching. There are innumerable advantages of taking coaching classes privately for the subjects they are weak in. Firstly, the tutor will be able to provide individual attention to the students because it is a small group. The child can clear doubts without hesitation and the teacher has the time to explain it properly until the student understands. Tuition for A level students are beneficial as they perform well after attending these classes because the tutors can provide personalized attention and adopt techniques suitable to a particular child. When concepts are understood, the student is motivated to do better. Consequently, the students confidence level increases.

A Level Tuitions in Economics

Enrolling in A level Economics coaching classes is becoming a norm in Singapore. Parents want their wards to perform well in their studies; although the subject is optional at the junior college, many students choose it. At this level, they can opt for H1 level or H2. Unless, a student has an aptitude for it, he/she will find the subject difficult. Therefore, students have to choose the level according to their capabilities. Since essential concepts have to be understood from the start, H2 Economics tuition is advisable for better comprehension and to enhance classroom learning. English Tuition Teacher will be able to explain the concepts that pupils have not understood clearly in a relaxed environment; this is not possible in the classroom. The weaknesses of students can be addressed at the coaching class which will help them clear basic doubts and understand theories better.

Tuitions at Junior College

Many students face difficulties during their changeover from Secondary school to JC. This is mainly due to the subject combinations that they take. Most junior colleges expect students to take only a single subject at the H1 level and three at the next level. In order to get admission into a reputed University, they have to perform well. If the student does not have a very good foundation, it is advisable to take JC tuition which will provide the groundwork and help in attaining the goals they have set. The important thing to do is to identify weaknesses and let the tutor know about it. Do not let peer pressure or any such issues take over because the goal should be to perform well at the examinations so that a seat at the University is attainable. Hence, private tuition can only help pupils in all respects.