OwnershipRiskYearly duties

Step 1 / 6

Which structure fits?

  1. Agree who owns the business.
  2. Compare personal liability.
  3. Plan for funding and yearly duties.
PrepareReviewRegister

Step 2 / 6

Get your details ready.

  1. Reserve the company name.
  2. Agree the people, address and shares.
  3. Check the application before filing.
Your identityYour permissionsYour task

Step 3 / 6

Who needs access?

  1. Check the company's Corppass administrator.
  2. Assign the service and the right role.
  3. Test access using each person's own login.
A named DPOA public contactA data map

Step 4 / 6

Put someone in charge of privacy.

  1. Appoint a Data Protection Officer (DPO).
  2. Publish their business contact details.
  3. Know what personal data you keep.
Year endAccountsAnnual return

Step 5 / 6

Put the dates in order.

  1. Confirm your financial year end.
  2. Check accounts and meeting requirements.
  3. File the ACRA annual return on time.
EstimateActual incomeSeparate returns

Step 6 / 6

Two filings. Different jobs.

  1. Keep invoices, receipts and bank records.
  2. Check the ECI estimate and any waiver.
  3. File the annual tax return separately.

Steps can overlap. Set up privacy and records before collecting data or trading.

The questions founders ask

Articles.

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