ThinkSME Blogs

Welcome to our blog postings. We’ll share more information and resources on what your company needs in order to succeed and flourish.

Think SME

Striking Off a Company in Singapore: A Step-by-Step Guide

Striking Off a Company in Singapore: A Step-by-Step Guide What Does Striking Off a Company Mean? Striking off a company means officially removing it from the Accounting and Corporate Regulatory Authority (ACRA) register. Once approved, the company ceases to exist legally. Eligibility Criteria for Striking Off a Company To apply

XBRL Filing

Understanding XBRL Filing for your Company in Singapore

XBRL (eXtensible Business Reporting Language) is a structured format used for the electronic exchange of financial information. In Singapore, the Accounting and Corporate Regulatory Authority (ACRA) enforces XBRL filing regulations, making it mandatory for most incorporated companies to submit financial statements in this format. This standardized reporting system facilitates easier