Hi, I am seeking some advise from people from accounting or legal professionals.
The case was that I have set up a company in singapore but it has been dormant since the start, although at the initial, the accounting firm has been providing the coporate secretarial services but on the second year i decide to close the company and seek what will be the best approach. What the acc. firm told me was that I need to file annual returns, do the accounts, etc...and wanted to bill me for $2000+, I told the acc firm that the company do not even have a bank account and no business transaction since day 1, isn't there a better approach, but the firm say no, it still has to take this approach.
I was perturbed and decided to make some enquiry and found out that the best approach is to apply for company strike-off, which the accounting firm failed to advise me on this approach which is more cost-effective.
Later, I applied and was waiting for approval, the acc. firm block it said that I have an outstanding fee with them and I am suppose to pay them. I am annoyed that they just block the application and I have to pay them for the secretarial services rendered. Although, it is not much, but I felt that there is a professional misconduct here in relation to the codes and ethics especially the accounting firm is trying to have economic gains rather than providing a fair advice and good understanding of practices to the client.
Do I have a case against the acc. firm? I am not asking for damages but just want the acc. firm to learn its lesson...please advise.
Herzog_Zwei
Did you sign any contract with the accounting firm? Kindly scan a copy of it online.
soloken
Originally posted by Herzog_Zwei:
Did you sign any contract with the accounting firm? Kindly scan a copy of it online.
the contract was originally sign for the incorporation of the company and then on he billed me yearly for coporate sec services.
soloken
any advise???
photo_seeker
You might wish to call up CASE as your issue is a bit tricky.