Frequently asked questions
Corporate Advisory
A: Corporate advisory involves strategic advice on structuring and growing your business. It helps with compliance, risk management, and decision-making to support expansion and long-term success.
A: Inter Group provides corporate advisory services tailored to Singapore, Thailand, and Myanmar. We assist in regulatory compliance, legal structures, tax planning, and market entry strategies.
A: In Singapore, corporate advisory focuses on leveraging government grants and incentives. In Thailand, it's about navigating local regulatory requirements, while in Myanmar, we focus on compliance with rapidly evolving legal frameworks.
Incorporation
A: To incorporate in Singapore, you need at least one local director, a company secretary, a registered office address, and compliance with ACRA (Accounting and Corporate Regulatory Authority) requirements.
A: We help businesses navigate the legal procedures, obtain necessary permits, and ensure compliance with Thailand’s Department of Business Development (DBD). We also guide you on tax registration and work permits.
A: In Myanmar, incorporation involves registration with the Directorate of Investment and Company Administration (DICA), acquiring relevant business licenses, and tax registration. Inter Group provides full assistance in completing the necessary steps.
A: Yes, Inter Group specializes in cross-border incorporations, ensuring that businesses comply with the regulatory requirements in Singapore, Thailand, and Myanmar.
Registered & Serviced Office
A: A registered office is the official address of the company, whereas a serviced office offers physical office space with amenities like administrative support, meeting rooms, and internet services.
A: We offer registered office services, which include managing legal documents, handling compliance notices, and providing a prestigious Singapore business address.
A: A serviced office in Thailand provides a cost-effective way to establish a professional presence, complete with administrative support, without the need for long-term leases or major setup costs.
A: Yes, Inter Group provides serviced office solutions in Myanmar, allowing you to register your company and benefit from administrative services while focusing on your core business.
Accounting & Bookkeeping
A: Inter Group uses XERO, a cloud-based accounting system that provides efficient bookkeeping, financial reporting, and compliance with Singapore’s IRAS requirements.
A: Yes, we provide comprehensive bookkeeping services in Thailand, ensuring compliance with local accounting standards and tax regulations. We also offer monthly and yearly financial reporting.
A: We provide bookkeeping services in compliance with Myanmar’s tax and financial reporting requirements, utilizing modern accounting systems to ensure accuracy and transparency.
A: Yes, our accounting and bookkeeping services are tailored to meet the needs of small, medium, and large enterprises across Singapore, Thailand, and Myanmar.
Taxation Services
A: We help businesses with tax filing, GST submissions, and corporate tax planning. Our team ensures compliance with the Inland Revenue Authority of Singapore (IRAS) regulations.
A: Thai businesses must comply with corporate income tax, VAT, and withholding tax requirements. Inter Group assists in filing tax returns and helps with tax planning to minimize liabilities.
A: In Myanmar, businesses must comply with corporate income tax, commercial tax, and withholding tax. Inter Group provides comprehensive tax planning, filing, and advisory services to ensure full compliance.
A: Yes, Inter Group specializes in cross-border tax planning and compliance for businesses operating across Singapore, Thailand, and Myanmar, ensuring efficient tax management.
Audit & Assurance
A: Audit and assurance services provide an independent evaluation of a company’s financial statements, ensuring accuracy, transparency, and compliance with local and international standards.
A: Yes, most companies in Singapore are required to have their financial statements audited annually unless they meet the exemption criteria. Inter Group provides audit services in compliance with ACRA requirements.
A: We conduct statutory audits, financial reviews, and internal audits to ensure compliance with Thailand’s accounting standards and tax regulations.
A: While not always mandatory for small businesses, audits are highly recommended to ensure financial transparency, enhance credibility, and prepare for future growth. Inter Group provides tailored audit services for businesses of all sizes.
A: Yes, Inter Group offers audit services across Singapore, Thailand, and Myanmar, helping businesses meet international standards and improve financial governance.
Human Resource Management (Myanmar)
Workers can work a maximum of 8 hours per day or 44 hours per week. For continuous work, the limit is 48 hours per week.
A: Yes, workers must get 30-minute break after every 5 hours of work.
A: Overtime is capped at 16 hours per week (12 hours for continuous work) and must be paid at double the basic wage.
A: Employers must:
● Ensure workspaces are clean, ventilated, and well-lit.
● Provide fire alarms and escape routes.
● Maintain emergency power systems and proper handrails for staircases.
A: Yes, women and children are prohibited from handling hazardous equipment or performing
heavy lifting.
A: Employers must provide :
● Clinics for factories with 250+ workers.
● Childcare centers for 100+ mother workers or suitable spaces for nursing mothers.
● Recreation and dining facilities for factories with 100+ workers.
A: Workers are entitled to:
● Casual Leave: 6 days per year.
● Earned Leave: 10 days per year, accumulated up to 3 years.
● Medical Leave: 30 days per year after 6 months of service.
● Maternity Leave: 14 weeks (6 weeks pre-confinement and 8 weeks post
confinement).
A: Employers who violate the law can face up to 2 years of imprisonment and/or fines.
A: Employers should:
● Regularly review workplace safety standards.
● Register workers with the Social Security Office.
● Provide mandatory welfare facilities and follow working hour regulations.
A: The law ensures a safe, fair, and productive work environment for employees while holding
employers accountable for workplace safety and welfare.