Secretarial Service in Singapore may seem like a luxury that only large international corporations have the resources to avail of. But this is not true! The service is both mandated by law and recommended by experts for business development purposes. In short, your company is well advised to avail of said service, if not because it is mandated by law but because your business will benefit from it.
If you’re a small business owner and find you dread tax time, it may be because of your concern about your lack of knowledge concerning the tax laws or filling out the paperwork. You may spend endless hours attempting to learn the rules and the knowledge necessary to file. These are hours you don’t do what you do best, the job that earned the income in the first place. Using an outside tax service can help you lift that burden. It also may be the most fiscally responsible method of accomplishing the task, freeing you to engage in productive, moneymaking activities instead. Continue reading
In order to stay compliant with the Companies Act, if you’re a public company, you must have a company secretary. In order to become a company secretary, you have to meet specific requirements. Whether the company is a private or public one, the secretary must meet one of the seven requirements to qualify and keep in compliance with the law. Continue reading
It has long been known that Singapore is a force to be reckoned with in terms of economy with its ability to employ workers and trade across a variety of borders. This was true even before the redefining of the global marketplace. It is demonstrating its viability among the business community around the world, and with that in mind it is important to understand that Singapore accounting firms have everything relating to finance under control. Continue reading
Payroll Services are best outsourced under certain conditions. These include absence of a competent employee to handle the payroll tasks, the high costs (i.e., salary, insurance and bonuses) of paying a full-time employee for payroll purposes, and the fast obsolescence of payroll-related technology in the market. Indeed, an increasing number of companies are tapping into the payroll services of reliable accounting firms because of the following benefits. Continue reading
Accountancy Services are defined as accountancy, audit and tax services provided by certified public accountants, auditors and tax advisers. These are, indeed, professionals in the finance community with expertise in the legal, technological and ethical aspects of the accounting and auditing profession. Continue reading
Whether you’re a private limited company, an individual owning a business or partnership, understanding the tax laws can be quite overwhelming. Many smaller companies, individuals or partnerships find that they cannot afford a staff specialist to provide the necessary knowledge required for filing taxes. Learning tax laws and forms takes time away from the business of making money. Continue reading
Many companies want to partner with good accounting firms to help and guide them on how they performed on a certain year. Having to receive a well-organized report would definitely help these companies to visualize their performance, as well as to visualize their next steps in orders to improve more on their business. Continue reading
In order for your company to be tax efficient, you need to understand all the tax laws. Understanding the laws and filing the paperwork can be a difficult task, even when you have an on staff accountant. Failure to do so properly can be devastating to a company. There are also beneficial laws, which include tax exemptions, for a start up Singapore company incorporation with 20 or fewer shareholders that are extremely important for a company’s fiscal benefit. Continue reading