SFRS-compliant accounting and bookkeeping services for Singapore entities — from day-to-day transaction recording to complete monthly financial statement preparation. We ensure your accounts are always accurate, compliant, and ready for audit.
Day-to-day recording of all financial transactions in accordance with Singapore Financial Reporting Standards (SFRS). Covers general ledger maintenance, journal entries, bank reconciliations, and month-end close — giving management a real-time, accurate picture of financial health.
Comprehensive AR management including invoice management, collections follow-up, AR aging reports, customer payment history tracking, and DSO (Days Sales Outstanding) analysis. Ensures timely collections and complete visibility into cash flow.
End-to-end AP management covering vendor payment processing, expense tracking and categorisation, approval workflow implementation, quality control to prevent duplicate payments, and tax-optimised record keeping for IRAS compliance.
Preparation of full SFRS-compliant financial statements — balance sheet, income statement, and cash flow statement — on a monthly, quarterly, and annual basis. Includes preparation for ACRA annual return filing and IRAS tax computation purposes.
Meticulous reconciliation of bank statements, invoices, intercompany accounts, and payment records. Identifies and resolves discrepancies before they become compliance issues — critical for IRAS audit readiness.
Comprehensive audit support including documentation preparation, working paper organisation, and liaison with external auditors. We ensure your accounts are always audit-ready under the Companies Act (Singapore) and SFRS requirements.
Full-spectrum Singapore tax compliance and advisory — from corporate income tax filing and GST management to transfer pricing and cross-border DTAA advisory. Singapore's competitive tax environment (17% corporate rate, 0% capital gains) requires expert navigation to maximise legitimately available benefits.
Preparation and filing of annual corporate income tax returns with IRAS — Form C for standard companies, Form C-S for qualifying small companies. Includes tax computation, capital allowance claims, start-up tax exemption applications, and support for IRAS queries and audits.
GST registration advisory (mandatory at S$1M taxable turnover), quarterly GST return preparation and filing, input tax claim management, and GST health checks. Covers both standard-rated and exempt supplies, and overseas vendor registration requirements for digital services.
Personal income tax filing for directors, employees, and expatriates in Singapore. Covers employment income, directors’ fees, rental income, and applicable tax reliefs. Includes Form IR8A/IR8S employer preparation and AIS (Auto-Inclusion Scheme) submission.
Management of withholding tax obligations on payments to non-residents — including royalties, interest, service fees, rent, and director fees. Timely computation and remittance to IRAS under Section 45 of the Income Tax Act, with DTA treaty benefit claims where applicable.
Transfer pricing documentation under Singapore’s Section 34D requirements — covering related party transactions, contemporaneous documentation, benchmarking studies, and Advance Pricing Arrangement (APA) support. Coordinated with India and USA transfer pricing requirements for group entities.
Advisory on Singapore’s network of 100+ Double Tax Agreements — maximising treaty benefits on dividends, interest, and royalties. Covers holding structure optimisation, cross-border transaction tax analysis, tax residency management, and international tax planning for ASEAN expansion.
End-to-end payroll processing for Singapore entities — fully compliant with CPF Board, MOM, and IRAS requirements. From employee onboarding to monthly salary disbursement and year-end IR8A filing, we manage the complete payroll lifecycle.
Maintaining accurate employee master records — NRIC/FIN numbers, tax residency status, CPF membership, employment contracts, salary details, and leave entitlements. Updated on joining, exit, promotion, or salary revision. Covers both Singaporean citizens/PRs and Employment Pass/S Pass holders.
Monthly payroll computation — basic salary, overtime, allowances, bonuses, and deductions. Accurate CPF contribution calculation for employees and employers across all applicable CPF rates by age group. Timely CPF submission via CPF e-Submit and GIRO payment setup.
Payroll payment processing via GIRO or bank transfer — with detailed payslips for every employee as required under the Employment Act. Payroll register maintenance and coordination with banks for timely salary crediting, ensuring compliance with MOM payslip requirements.
Ensuring compliance with Singapore’s Employment Act — covering rest days, overtime limits, leave entitlements (annual leave, sick leave, maternity/paternity leave), and termination procedures. MOM regulatory filings and monitoring of changes in minimum wage and employment legislation.
Year-end preparation and submission of IR8A forms for all employees through IRAS Auto-Inclusion Scheme (AIS). Covers employment income, benefits-in-kind, stock options, and directors’ remuneration — ensuring all employee income is correctly reported to IRAS by the 1 March deadline.
Capturing and processing employee expense claims — travel, meals, accommodation, and business expenses — with approval workflow implementation, receipt verification, and reimbursement through payroll. Expense reports and trend analysis to help management control costs.
Sophisticated financial models and analytical frameworks to support investment decisions, business planning, fundraising, and strategic transactions in Singapore's dynamic market environment.
Integrated models linking the Income Statement, Balance Sheet, and Cash Flow Statement under SFRS. Used for business planning, investor presentations, and lending proposals. Any change in one statement automatically flows through the others — giving a complete dynamic view of the Singapore entity’s financial position.
Intrinsic business valuation by projecting future free cash flows and discounting to present value using an appropriate WACC. Used in M&A transactions, PE/VC fundraising, IRAS valuations for share transfers, and strategic investment decisions across Singapore and the ASEAN region.
Business valuation using industry-relevant EV/EBITDA multiples benchmarked against Singapore and regional comparable companies. Used in deal negotiations, PE/VC transactions, share buybacks, and management buyouts in the Singapore market.
Comparing actual Singapore entity performance against budget or prior-period figures — identifying deviations in revenue, costs, margins, and volumes. Helps management course-correct and improves the accuracy of future SFRS-compliant financial forecasts.
Short-term (13-week) and long-term cash flow forecasts for Singapore entities — supporting liquidity management, CPF and GST payment planning, capital expenditure, and debt servicing. Critical for businesses in fundraising, restructuring, or rapid ASEAN expansion.
Testing how changes in Singapore-specific assumptions — SGD/USD exchange rates, CPF rates, GST rate changes, rental costs, and market growth — impact financial model outputs. Scenario modelling builds base, upside, and downside cases for board and investor presentations.
Strategic transaction advisory and capital solutions for Singapore-based and Singapore-entering businesses — from M&A support and due diligence to business valuation and capital structure optimisation.
End-to-end M&A advisory for Singapore transactions — target identification, deal structuring, tax-efficient transaction design, negotiation support, and liaison with parties. Covers both inbound (foreign companies acquiring Singapore targets) and outbound (Singapore companies acquiring overseas assets) transactions.
Thorough financial and tax due diligence on Singapore transactions — verifying financial data, identifying SFRS compliance issues, assessing IRAS tax positions, and providing accurate future cash flow forecasts. Ensures buyers and investors have a complete picture before completing a transaction.
Comprehensive Singapore business valuations using DCF, EBITDA multiples, and net asset value approaches — benchmarked against Singapore and ASEAN market data. Used for IRAS share transfer pricing, M&A transactions, ESOP schemes, shareholder disputes, and statutory compliance under the Companies Act.
Advising on the optimal mix of equity, debt, and hybrid instruments for Singapore entities — factoring in Singapore’s tax treatment of interest (deductible), dividends (one-tier exempt), and the impact of leverage on IRAS and ACRA compliance. Includes liaison with banks and financial institutions for credit facilities.
Designing tax-efficient deal structures for Singapore transactions — leveraging Singapore’s one-tier dividend system, absence of capital gains tax, and DTA network. Covers share vs. asset deals, holding structure design, and post-transaction IRAS compliance including stamp duty and clearance filing.
CFO-level financial leadership and strategic partnership for Singapore businesses — without the full-time cost. We embed into your Singapore entity to drive financial strategy, manage ACRA and IRAS obligations, and support investor reporting.
Developing financial strategies and models aligned with Singapore business goals — covering ASEAN expansion planning, Singapore government grant applications (EDG, MRA), new product evaluation, debt-reduction strategy, and identification of growth opportunities in the Singapore and regional market.
Optimising cash flow for Singapore entities — managing working capital, GST and CPF payment scheduling, and developing reliable cash flow projection models. Ensures your Singapore entity always has clear visibility on liquidity to meet ACRA, IRAS, and CPF obligations on time.
Preparation of monthly management accounts, quarterly board reports, and year-end SFRS financial statements. Includes KPI dashboards, variance commentary, and investor-ready reporting for Singapore-based or Singapore-listed entities. Covers XBRL filing requirements for ACRA.
Annual budget preparation and rolling monthly/quarterly forecasts for Singapore entities. We factor in Singapore-specific costs (CPF, GST, office rental) and ASEAN market dynamics to build budgets that reflect realistic operating conditions and support accurate IRAS tax planning.
Proactive management of Singapore regulatory compliance — ACRA annual returns, IRAS tax filings, CPF contributions, MOM employment regulations, and GST obligations. We maintain a compliance calendar for every client, flag upcoming obligations in advance, and ensure no deadline is missed across Singapore’s multi-regulator environment.
Timely detection and management of risks — from operational and financial risks to regulatory compliance risks under ACRA, IRAS, and MOM requirements. We help Singapore businesses build robust internal controls that protect and sustain growth.
Comprehensive risk identification covering financial, operational, regulatory, and market risks specific to Singapore businesses. Assessment of vulnerability, probability of impact, and prioritisation of risk reduction measures — covering IRAS audit exposure, CPF compliance risk, and cross-border regulatory risk for regional operations.
Designing and implementing internal control frameworks aligned with the Singapore entity’s operational model. Covers financial reporting controls, approval authorities, segregation of duties, and IT controls — ensuring compliance with Singapore Companies Act requirements and SFRS financial reporting obligations.
Conducting periodic internal audits of Singapore operations — assessing adherence to internal controls, IRAS tax compliance, CPF and payroll accuracy, and ACRA filing obligations. Reporting findings and recommendations directly to management or the audit committee with clear remediation plans.
Preparation and management of responses to IRAS queries, audits, and compliance reviews. Includes documentation review, position papers, voluntary disclosure advisory, and representation in IRAS audit proceedings — minimising exposure and ensuring complete, accurate, and timely responses.
End-to-end Singapore company incorporation and ongoing corporate secretarial services — covering Pte Ltd setup via ACRA BizFile+, IRAS registration, and all post-incorporation statutory obligations under the Companies Act 2006.
Full Pte Ltd incorporation service via ACRA BizFile+ — including company name reservation, Memorandum and Articles of Association, director and shareholder registration, and company constitution filing. Processing time: 1–2 business days for standard activities. Government incorporation fee: S$315.
Complete post-incorporation setup including IRAS tax registration, GST registration advisory, CorpPass setup for government portal access, CPF employer registration, and advisory on corporate bank account opening. Ensures your Singapore entity is fully operational and compliant from day one.
Ongoing corporate secretarial services as required under the Singapore Companies Act — including maintenance of statutory registers, preparation of board and shareholder resolutions, filing of annual returns with ACRA, and management of director/shareholder changes. Appointment of company secretary as required by law.
Advisory on the most appropriate entity structure for your Singapore operations — Pte Ltd, branch office, or representative office. Covers director residency requirements, paid-up capital, share structure, and regulatory approvals required for specific business activities (financial services, education, healthcare).
