Masterclass for deep tech startups: Mandatory Accounting, tax, reporting & IRAS Filings
Masterclass Summary
Join us for an essential masterclass designed to empower deep tech startups with the knowledge and skills needed to manage their mandatory accounting, tax computations, reporting, and IRAS (Inland Revenue Authority of Singapore) filings independently. In this dynamic 90-minute session, you'll benefit from expert-led presentations, practical insights, and a comprehensive panel discussion featuring industry leaders.
We'll also break down the complexities of financial management during capital raising making it accessible and manageable for startups. By the end of the session, participants will have a solid grasp of fundamental accounting principles, tax regulations, and the practical steps necessary for IRAS compliance. The interactive panel discussion will offer valuable perspectives on real-world challenges and best practices, giving you the confidence to navigate your financial responsibilities effectively. This masterclass is designed to contribute to the financial stability and long-term success of your startup.
Objectives
Educate startups on basic accounting principles, tax regulations, financial management, and IRAS filings.
Equip participants with essential tools and knowledge for DIY accounting and tax filings.
Enhance understanding of IRAS requirements and deadlines.
Enable interaction with industry experts through a panel discussion.
Target Audience
Deep Tech Startup founders in science and technology
Small business owners in science and technology
Entrepreneurs considering launching a startup
Agenda
9:00 AM - 9:30 AM: Registration and Welcome Coffee
9:30 AM - 10:00 AM: Basic Accounting Principles, Tax Regulations, and Practical Insights for Startups
10:00 AM - 10:40 AM: Panel Discussion: Challenges and Best Practices in Startup Accounting and Tax
10:40 AM - 11:00 AM: Q&A Session and Closing Remarks
11:00 AM - 11:30 AM: Networking
Event/ Venue Partner - Hatch Innovation Hub
At Hatch, we bring cutting-edge technologies from innovative companies worldwide to pioneer advancements in public safety and security, with a focus on end-users. Established by the Home Team Science and Technology Agency (HTX), we are uniquely positioned to partner with end-users to identify and implement game-changing technologies and solutions.
We curate and scout technologies across various sectors and industries, selecting the most promising ones to test within the Home Team’s mission space. Our platforms and programs foster collaborative design partnerships, uniting global tech startups with Home Team end-users and HTX engineering and scientific talents from day one.
Globally connected, Hatch continuously expands its networks within innovation ecosystems to scout and integrate the best technologies, ensuring impactful and meaningful contributions to public safety and security.
8 Circle
The 8 Circle Community comprises of a group of founders and industry experts that sims to guide startups and SMEs through the essentials of setting up and operating in Singapore. Our community aims to share learnings and past experiences that provides comprehensive support in areas such as accounting, tax, reporting, and ACRA/IRAS filings.
Many startups and SMEs struggle with the complexities and regulations surrounding these aspects in Singapore. 8 Circle is to simplify these processes, enabling businesses to navigate and comply with ease, ensuring they can focus on their growth and success in the competitive Singaporean market.