A few years ago, I increased the share capital of my company to $500,000. That was a mistake. I did not need to have such a large share capital.
The following year, I was told that it was compulsory, by law, for me to join the Singapore Business Federation. It applied to any locally registered company with a capital of $500,000.
The annual fee is $300 plus GST. I have been paying this fee for several years. It adds to my cost of doing business.
The Federation has several activities, but they were not suitable or useful to me. The membership fee was largely wasted.
https://tklcloud.com/Feedback/feedback2.aspx?id=1989
The following year, I was told that it was compulsory, by law, for me to join the Singapore Business Federation. It applied to any locally registered company with a capital of $500,000.
The annual fee is $300 plus GST. I have been paying this fee for several years. It adds to my cost of doing business.
The Federation has several activities, but they were not suitable or useful to me. The membership fee was largely wasted.
https://tklcloud.com/Feedback/feedback2.aspx?id=1989
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