Last updated: 21 Oct 2026 | 21 Views |
Company registration is merely the starting point of a business. Afterward, there are several essential obligations that entrepreneurs must fulfill to ensure compliance—covering accounting, taxation, and business law:
✅ Open a corporate bank account.
✅ Register for VAT if the criteria are met or if it becomes necessary.
✅ Maintain proper accounting records and keep complete documentation of all income and expenses.
✅ File monthly and annual tax returns by the required deadlines.
✅ Prepare financial statements and submit them to the Department of Business Development (DBD).
✅ If you have employees, register them for social security and make the required contributions.
RPAC provides comprehensive accounting, tax, and related services, empowering entrepreneurs to operate with confidence, access accurate financial data, and focus their time on growing their businesses.