The Best Approved And Reliable Tax Agent In Singapore
We aid you in achieving your financial goals by providing accurate record keeping and reporting, advice on financial issues like cost control, tax planning, investments, and employee benefit and profit-sharing plans, as well as initial accounting system setup.
We can help by offering you annual bookkeeping services if your business has few transactions throughout the year. But if you have a lot of transactions each month, we can help you out regularly to keep your bookkeeping records up to date.
Using strategies that lower tax liabilities, boost cash flow, and keep clients on track to their financial goals, we help our clients with a wide variety of tax-related planning and preparation decisions. We can maximize the financial benefits provided by both the previous and the most recent tax legislation thanks to our expertise, understanding, analytical skills, and thorough research. Because we are aware of and up to date with the tax laws, we can assist you in understanding your receipts, bills, and notifications.
Unaudited Private Company Financial Statements must be assembled as part of the compilation of accounts or documents. Profit and loss statements, a balance sheet, and financial statements are put together to paint a picture of the company's financial position.
Companies that are exempt from the audit requirement still need to produce a full set of unaudited financial statements that adhere to Singapore Financial Reporting Standards and include a directors' statement and explanatory remarks.
For the company's yearly general meetings, tax preparation, and shareholder accountability, unaudited Financial Statements are required. The unaudited Financial Statements can be used to satisfy regulatory requirements in specific industries, apply for government grants, and obtain banking services.
If a private company fulfills at least two of the following requirements for the previous two fiscal years, it can be considered a small company.
Total assets and revenue must not surpass $10 million ($10 million), and the number of full-time employees must not exceed 50.
If a company qualifies as a "small company" and meets at least two of the requirements listed below for the previous two straight fiscal years on a consolidation basis.
(i) The group's overall revenue cannot surpass S$10 million.
(ii) the group's total assets cannot exceed S$10 million
(iii) the number of full-time workers cannot exceed 50
No matter how large or small your business is, it's critical to keep accurate accounting records. Without an experienced accountant making sure everything is in order, a business could experience poor management, poor cash flow, a lack of planning, or even worse, penalties from regulatory bodies for late payments.
We understand that running your business prevents you from having time to educate yourself on the complex Singapore Financial Reporting Standards and associated rules. It's alright; we can take care of the figure crunching since you are much better suited to running and growing your business.
We aid you in achieving your financial goals by providing accurate record keeping and reporting, advice on financial issues like cost control, tax planning, investments, and employee benefit and profit-sharing plans, as well as initial accounting system setup.
We can help by offering you annual bookkeeping services if your business has few transactions throughout the year. But if you have a lot of transactions each month, we can help you out regularly to keep your bookkeeping records up to date.
Using strategies that lower tax liabilities, boost cash flow, and keep clients on track to their financial goals, we help our clients with a wide variety of tax-related planning and preparation decisions. We can maximize the financial benefits provided by both the previous and the most recent tax legislation thanks to our expertise, understanding, analytical skills, and thorough research. Because we are aware of and up to date with the tax laws, we can assist you in understanding your receipts, bills, and notifications.
Having a good accounting department led by a qualified accountant, along with an assistant accountant and several account clerks, may be quite expensive. Outsourcing the same tasks to a qualified service provider who can manage them for you can be done more affordably.
We have a staff of tax agents and accountants with professional certifications from reputable organizations like ACCA, CPA, and CA. (Singapore). We would keep track of all the changes and apply them as needed to ensure that our customers were always in good standing with the authorities overseeing the financial markets.
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