About: Asia Business Set Up Pte. Ltd. (Singapore)

Summary

  • The primary purpose of the entity is to house the Singaporean office tenancy agreement and ring-fence risk;
  • Since 2019, some sales made with Singapore-residents subject to local GST are also booked within this entity.

Below is a summary of the entity’s information:

No.

Questions

Answers

1.

Date of incorporation?

26-May-2006

2.

Total number of employees?

None

3.

Staff organization chart for this entity?

Click here

4.

Physical office address to meet multi-national Clients'?

Yes

5.

Registered for VAT?

Yes

6.

Exempt from an independent statutory annual audit?

Yes

7.

Associated multi-currency corporate bank account(s)?

SCB Singapore

8.

Financial statements for 2018?

Click here

9.

Financial statements for 2017?

Click here

10.

Financial statements for 2016?

Click here

11.

Status of filing corporate income tax returns for 2018?

Click here

12.

Corporation tax return for 2017?

Click here

13.

Corporation tax return for 2016?

Click here

14.

Expected annual net profits in 2019?

US$60,000

15.

Expected annual net profits in 2020?

US$100,000

16.

Losses carried forward (if any)?

None

17.

In good standing with the local Government?

Yes

18.

Are the financial statements included in Healy Consultants Group PLC’s consolidated FS?

Yes

19.

Details of the shareholders and directors of the company available on the public register?

Yes

20.

Designated CEO?

Mr. Simon Guidecoq

21.

Has the entity ever been involved in litigation with a third-party?

No

22.

Receives a quarterly GST refund of S$3,500 from the Government?

Yes