Frequently Asked Questions

Find answers to common questions about accounting services in Singapore. Our team provides clear guidance for businesses of all sizes.

We offer bookkeeping, tax filing, payroll management, financial reporting, GST registration, corporate secretarial services, and audit support. Our services cover all aspects of business accounting required by ACRA and IRAS regulations.

Pricing depends on company size and service scope. Basic bookkeeping starts from SGD 300 monthly. Corporate tax filing ranges from SGD 800 to SGD 2,500 annually. We provide detailed quotes after reviewing your business needs.

GST registration is mandatory when annual taxable turnover exceeds SGD 1 million. Voluntary registration is available for businesses below this threshold. We help determine your eligibility and handle the registration process with IRAS.

Companies must file tax returns within one month of receiving the Notice of Assessment, typically by November 30th for most businesses. Estimated Chargeable Income must be filed within three months after financial year end.

Yes, we prepare and submit financial statements in XBRL format as required by ACRA. This applies to companies with annual revenue exceeding SGD 10 million or total assets above SGD 10 million.

Companies must keep accounting records showing transactions, financial position, and performance. Records include invoices, receipts, bank statements, and supporting documents. These must be retained for at least five years.

Annual financial statements are mandatory for all Singapore companies. We recommend quarterly management accounts for better business monitoring. Monthly reports help track cash flow and make informed decisions throughout the year.

The standard corporate tax rate is 17%. New companies enjoy tax exemptions on first SGD 200,000 of chargeable income for three years. Partial tax exemptions apply to all companies on first SGD 300,000 of income.

We handle complete payroll processing including salary calculations, CPF contributions, tax clearance, IR8A forms, and year-end submissions. Our service ensures compliance with MOM and CPF Board requirements.

Yes, we work with foreign companies operating in Singapore. We assist with local compliance, tax obligations, and reporting requirements. Our team understands international business structures and cross-border transactions.

We work with Xero, QuickBooks, MYOB, and other cloud-based platforms. Our team adapts to your preferred software or recommends suitable options based on business size and industry requirements.

We typically begin services within one week after agreement. Initial setup includes document collection, system access, and process review. Urgent cases can be accommodated with faster onboarding timelines.

About Our Firm

We provide professional accounting services in Singapore. Our team helps businesses manage their finances with accuracy and efficiency. Since our start, we have built a reputation for reliable service and clear communication with clients across various industries.

Professional accounting team

Who We Are

Our firm specializes in accounting solutions for companies operating in Singapore. We handle bookkeeping, tax preparation, financial reporting, and compliance matters. Our accountants stay updated on local regulations to help your business meet all requirements.

We work with startups, small businesses, and established companies. Each client receives personalized attention based on their specific needs. Our approach focuses on clear explanations and practical advice you can use right away.

The team includes certified accountants with experience in Singapore business environment. We understand the challenges companies face and offer straightforward solutions. Our office uses modern accounting software to keep your records organized and accessible.

Our Approach

We believe accounting should be simple and transparent. When you work with us, you get direct answers to your questions. No complicated jargon or unclear explanations. Just honest guidance on managing your business finances.

Our services include monthly bookkeeping, GST filing, corporate tax returns, and financial statement preparation. We also help with company incorporation paperwork and ongoing compliance requirements in Singapore.

Communication matters to us. You can reach your assigned accountant by phone or email during business hours. We schedule regular reviews to discuss your accounts and answer any concerns. Many clients appreciate having a reliable contact person who knows their business.

Accounting services office

Our Journey

Foundation

Started operations in Singapore with a focus on small business accounting. Opened our first office with three accountants serving local companies.

Growth

Expanded services to include tax advisory and corporate compliance. Added specialized staff for different industry sectors and increased client base significantly.

Technology

Implemented cloud-based accounting systems for better client access. Upgraded software tools to improve efficiency and data security for all accounts.

Today

Serving diverse portfolio of businesses across Singapore. Maintained reputation for accurate work and responsive service. Continue to invest in staff training and technology improvements.

What We Stand For

Our firm operates on principles that guide every client interaction and business decision. These values shape how we deliver accounting services.

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Accuracy

We check all numbers carefully before submitting reports. Mistakes can be costly, so we review every entry to maintain high standards.

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Timeliness

Deadlines matter in accounting. We complete your filings on schedule and keep you informed about upcoming requirements throughout the year.

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Clear Communication

We explain financial matters in plain language. You should understand your accounts without confusion or uncertainty about what the numbers mean.