Virtual Chief Financial Officer
Farm out your entire accounting department to dramatically increase your profit margins and increase productivity!
For a flat monthly retainer, our experienced team will handle a pre-determined list of administrative and accounting chores such as Payroll, Bookkeeping, Training and even Legal Matters so that you can focus on Sales and Business Development.
Read more here.
The incorporation of any form of Business, be it a Sole-Proprietorship, a Company or others. To operate a Business in Singapore, you must first formally register with the Accounting and Corporate Regulatory Authority(ACRA).
Book-keeping & Compilation of Financial Statements
The crux of engaging an accountant. This is the most time-consuming part and usually the start of any accounting process. Other Compliance requirements can be fulfilled only upon its completion.
The accountant must adhere to standards such as the International Accounting Standards and Financial Reporting Standards to produce the Financial Statements
Due in Q4 every year. Businesses must calculate, declare and formally furnish to the Inland Revenue Authority of Singapore matters about their financial status.
Every company must appoint a secretary within 6 months from the date of its incorporation. The company secretary must be residing locally in Singapore and he/she must not be the sole director of the company.
The Secretary may also be held liable for the company's failure to comply with the law in certain situations. Click here for more.
Annual General Meeting & Annual Returns
All locally-incorporated companies are required to hold their Annual General Meeting (AGM) and file their Annual Returns under S175, S197 and S201 of the Companies Act.
At the AGM, directors shall present a true and fair view of the company’s accounts to their shareholders.
Outsourcing HR Services helps employers and managers spend less time doing paperwork and more time dedicated to improving the efficiency and effectiveness of the workforce. It allows nimble companies to transform and gain access to HR expertise and practitioners without hiring in additional personnel at high salaries.