Company Registration, Immigration & Business Compliance FAQ | Terra Advisory Services
Company Registration, Immigration & Business Compliance FAQ | Terra Advisory Services
Welcome to the Company Registration, Immigration & Business Compliance FAQ by Terra Advisory Services — your trusted source for answers to the most common business, accounting, and immigration questions in Singapore and Malaysia . Whether you’re starting a company, applying for work or dependant passes, managing annual filings, or navigating tax regulations, this section provides practical guidance based on official authorities such as ACRA and IRAS in Singapore, and SSM and LHDN in Malaysia.
Our FAQ covers essential topics including immigration and visa applications, company incorporation, annual returns, corporate tax, and ongoing business compliance to help you operate confidently and efficiently. We simplify complex legal and regulatory procedures so you can focus on building, expanding, and sustaining your business.
Browse the questions below or use the search function to find the information you need. If your question isn’t covered or you require tailored support, please contact Terra Advisory Services for expert, personalized assistance.
Immigration and Visa Services
What immigration and visa services do you offer?
We assist with work passes, dependant passes, long-term visit passes, permanent residence, and citizenship applications, ensuring smooth submission and compliance with the Ministry of Manpower and ICA.
Who is eligible for a work pass?
Eligibility depends on your job role, qualifications, and salary. We assess your profile to recommend the most suitable pass—Employment Pass, S Pass, or Work Permit.
Can Terra Advisory help with PR or Citizenship applications?
Yes. Our consultants assist with document preparation, submission, and personalized strategies for Permanent Residence and Citizenship applications.
How long does the visa application process take?
Processing time varies by pass type and profile. Most approvals take between two and six weeks. Our consultants help you prepare accurate documentation to minimize delays.
Can my family join me?
Yes. Eligible applicants may sponsor a spouse, children, or parents through Dependant’s Pass or Long-Term Visit Pass applications, subject to salary and other criteria.
What happens if my visa application is rejected?
We review the rejection reasons, strengthen your documentation, and submit an appeal where applicable to improve your chances of success.
Company Incorporation
What are the steps to register a new company?
Name reservation, director and shareholder setup, constitution filing, registration with ACRA or SSM, then bank account opening and post-incorporation compliance.
Can foreigners own 100% of a company?
Yes. Full foreign ownership is allowed for most activities, with licensing required for regulated sectors. We guide you through the structure and approvals.
Do you provide registered office and nominee director services?
Yes, we provide registered address, nominee director, and statutory compliance support to meet legal requirements.
How long does incorporation take?
Once documents are ready, incorporation can typically be completed within one to three working days.
What documents are needed for incorporation?
Identification, proof of address, proposed company name and activities, shareholding structure, and KYC details. We supply a checklist.
Can you help open a corporate bank account?
Yes. We prepare required documents, coordinate appointments, and brief you on bank compliance to improve approval success.
Accounting and Bookkeeping
What accounting services do you provide?
Bookkeeping, management accounts, year-end financial statements, bank reconciliation, and monthly reporting for SMEs and larger entities.
Can you handle cloud-based accounting?
Yes. We operate on modern cloud platforms for real-time insights, document sharing, and efficient workflows.
Do you assist with payroll?
Yes. We process payroll, CPF/EPF where applicable, issue payslips, and handle employee income tax submissions.
How often should records be updated?
Monthly updates are recommended for accuracy, cash-flow visibility, and timely compliance.
Corporate and Personal Tax
What tax services does Terra Advisory offer?
Corporate tax returns, tax estimates, GST registration and filings, withholding tax, and advisory on incentives and reliefs.
Do you assist with individual income tax filings?
Yes. We prepare and file personal income tax returns, ensuring eligible deductions and reliefs are correctly claimed.
Can you help reduce tax liabilities legally?
We deliver compliant tax planning that optimizes structure, timing, and incentives while meeting all statutory obligations.
How can I avoid late filing penalties?
Keep accounts current and file before deadlines. We track due dates and manage submissions to prevent penalties and surcharges.
Business Advisory and Support
Do you provide business advisory and consulting?
Yes. We advise on strategy, compliance frameworks, internal controls, and market entry to support sustainable growth.
Can you assist with cross-border business setup?
Yes. We coordinate cross-border incorporation, banking, and compliance across Southeast Asia with trusted partners.
Do you help with corporate secretarial services?
Yes. We manage AGMs, board resolutions, share transfers, registers, and statutory filings.
Can you review contracts and policies for compliance?
We conduct practical reviews for governance and compliance alignment and can coordinate legal counsel where required.
General Questions
Are you a government agency?
No. We are an independent professional services firm. We liaise with authorities on your behalf but are not affiliated with them.
How are fees structured?
Fees are quoted upfront based on scope and complexity. We offer fixed-fee packages for common services and custom quotes for specialized work.
How do I start an engagement?
Share your goals via our contact form. We’ll outline scope, timelines, and deliverables before onboarding.
How can I contact Terra Advisory Services?
Use the contact page, email info@terraadvisoryservices.com, or call +65 6224 6224. Office: 40 Lorong 1 Realty Park, Singapore 536958.