Accounting
Service Provided :
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Setting up a chart of accounts
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Maintenance and preparation of accounting books and reports
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Balance Sheet
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Profit and Loss Statement
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Trial Balance
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General Ledger
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Trade Creditors Listing
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Trade Debtors Listing
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Bank Reconciliation Report
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Fixed Assets Register
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Goods & Service tax (GST) registration / deregistration
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Goods & Service tax (GST) submission and refund
***Please contact us directly for package quote
Taxation
According to the statutory requirements of Singapore Income Tax Act, all incorporated companies are required to submit annual tax return and Form C/ C-S to Comptroller of Income Tax.
We helps ensure that our clients comply with these requirements and minimize the possibilities of late submission penalties through corporate tax services.
We assist our client in maximizing the tax benefits allowed by the government and to avoid penalties, we provide professional corporate taxation services for businesses in Singapore. Below is the full range of tax services provided.
Service Provided:
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Tax Advisory and Planning
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Corporate tax /Personal tax Preparation, Computation and Submission
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Preparation of tax return for Individuals, Sole proprietorship for Comptroller of Income Tax and Submission
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Preparation of tax return for Partnerships for Comptroller of Income Tax Submission
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Filing of estimated chargeable income
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Advisement on tax incentives application
***Please contact us directly for package quote
HR & Payroll
No calculator needed. Let us do the heavy lifting.
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Calculate employees’ salary and statutory tax deductions
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Calculate salary of new/resigned employees (i.e. incomplete month)
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Calculate salary of terminated employees (i.e. incomplete month)
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Prepare annual income Tax Forms to employees
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Process bonus and ad-hoc payments
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Prepare itemized payslip
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Prepare CPF submission
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Prepare IR8A
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Ensure compliance to Singapore Employment Act – statutory terms, requirements and contributions
**Access must be authorized in order for below services:
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Process pay to employees and statutory local authorities on scheduled time
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Submit of Year End Forms to IRAS before deadline
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submit CPF submission
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Prepare all bank payments
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Apply/Withdraw/Transfer Passes
Company Incorporation
A company is a business entity registered under the Companies Act, Chapter 50. It has a legal personality i.e. it has rights to own properties, it has perpetual succession and it can sue or be sued in its own name.
There are few types of Companies you can incorporate in Singapore,
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Private Limited Company Incorporation
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Limited Liability Partnership Incorporation
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Sole Proprietorship Incorporation
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Subsidiary Incorporation
Strike-Off
We understand the feeling of closing a business. We are here to help you manage your expenses and solve them with the most compassionate package. Most importantly, we can advise on the disposal criteria that should be prepared prior to any disposal procedure.
Consultant & Advisory
Accounting consulting may include a wide variety of engagements that help clients improve their financial position, enhancing internal processes and procedures, and streamline accounting protocols. Accounting consulting jobs may comprises of:
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Helping business clients maintain efficient and accurate accounting practices
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Providing expertise to help clients understand the meaning behind their financial data and how those numbers affect their business
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Examining clients’ profitability
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Developing or implementing consistent accounting practices for clients
Other ad-hoc Service
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Management Accounting
management accounting systems are used to provide critical information to management to be used in operational business decision-making. A manufacturing company might use these systems to help in the costing and managing of their process. A hospital might use management accounting systems to assist them in insurance billing and other in-house requirements
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Financial Analysis
Financial analysis is the process of evaluating businesses, projects, budgets, and other finance-related transactions to determine their performance and suitability.
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Costings
Cost accounting is a form of managerial accounting that aims to capture a company's total cost of production by assessing the variable costs of each step of production as well as fixed costs, such as a lease expense.
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Accounting Schedule
Account schedules are used to arrange accounts listed in the chart of accounts in ways suited for presentation of information about those accounts.ne of the main functions of account schedules is to provide a place for calculations that cannot be made directly in the chart of accounts, such as creating subtotals for groups of accounts, which can be included in new totals and can then be used in other totals.
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Inventory Management
Inventory management is a systematic approach to sourcing, storing, and selling inventory—both raw materials (components) and finished goods (products). In business terms, inventory management means the right stock, at the right levels, in the right place, at the right time, and at the right cost as well as price.
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Back Log
Backlog is a buildup of work that needs to be completed. The term "backlog" has a number of uses in accounting and finance. It may, for example, refer to a company's sales orders waiting to be filled or a stack of financial paperwork, such as loan applications, that needs to be processed.
Contact Details
Don't be shy. Contact us via whatapp / Call or Email for any enquiry.
