Biztree Management Pte Ltd

11/08/2026

👉3 doctor Jointly setup Pte Ltd and acting as director and shareholder.

👉They declare low monthly salary and getting high dividend

👉Later register 3 separate pte Ltd and enjoy startup tax exemption

🟢Judgement Result :

IRAS disregards previous arrangement and treat received income at personal tax rate

tax exemption rebate will be clawed back

This case raise the awareness difference between tax avoidance and tax evasion

Read the full article here :

https://www.straitstimes.com/singapore/courts-crime/3-doctors-fail-in-court-challenge-against-iras-ruling-over-tax-avoidance-scheme

07/08/2026

You are WRONG if have following thought

05/08/2026

To avoid all the penalties, it right move to subscribe newsletter to get updated information about compaony's regulation

31/07/2026

There always a risk being named as nominee director ( unless you are involved in company operation )

The story here is her named being used to comply with local resident director only .

Read the full story here

👉https://www.straitstimes.com/business/companies-markets/jobless-and-stuck-in-limbo-over-multiple-directorships-she-cannot-quit-yet

30/07/2026

You are WRONG if think

"Pte Ltd carry separate legal entity concept , so i NOT LIABLE for the company debt "

Is director responsible for the debt in the following scenario :

*acting as personal guarantees
*Overdrawn director loan account
*wrongful trading
*fraudulent trading

22/07/2026

https://www.linkedin.com/newsletters/news-about-company-compliance-7363062098303610880

21/07/2026

What will happen if you FAIL to file annual return on time ?

21/07/2026

If you expect company will making profit, it is advisable to fixed the financial year end date within 12 months from the date of incorporation.

Why ? So then company can enjoy tax exemption for newly registered company

👉https://www.iras.gov.sg/taxes/corporate-income-tax/basics-of-corporate-income-tax/corporate-income-tax-rate-rebates-and-tax-exemption-schemes

14/07/2026

09/07/2026

After ACRA issued UEN number, company is given the following right

👉 birth of separate legal entity concept
👉Perpetual succession concept (company never die)
👉Creation of contractual relationship
👉limited liability protection
👉Compliance and reporting obligation