Denounce with righteous indignation and dislike men who are beguiled and demoralized by the charms pleasure moment so blinded desire that they cannot foresee the pain and trouble.
Read MoreBOOKKEEPING & ACCOUNTING
Every Business Must Perform Accounting.
Like it or not every business must account for profit and loss, expenses, payroll, inventory, payables and receivables. Even in the best of times, poor accounting practices can lead to eventual financial ruin. Good accounting practices become even more crucial during economic downturns when even small errors can put you out of business.
Business is getting more complex. At the same time individuals are becoming progressively less able to properly handle their money because they do not have the training or the personality for dealing with the growing complexity of financial record keeping. Lacking time or inclination, entrepreneurs and growing businesses often need help with their financial housekeeping despite the availability of easy-to-use accounting software.
What’s more, most businesspersons want to focus on growing their business, not on figuring how to use the accounting software, on calculating their payroll, on sorting out their debits forms their credits, on putting together Profit and Loss statements, on administering multiple bank accounts or handling the many other bookkeeping processes and accounting reports which are time consuming, important to keep up with and do nothing to generate income for their company.
For Singaporean companies, it is a statutory requirement to keep accounts, file compilation or audited reports, compute and file tax for each financial year end. Penalty and court summons apply for late filing and it is the duty of the Director to ensure these are done on a timely manner.
Thinking of outsourcing? Our company can provide you with skilled bookkeeping staff supervised by qualified accountants and CPA’s. Our bookkeeping services are designed to meet your various accounting needs as your business grows. Our goal is to remove you from the hassles of dealing with accounting details by providing a cost effective alternative to maintaining your own internal accounting staff.
As our client, you will have a dedicated Account Manager, and access to him or her by email, fax or phone. We will agree to the scope of work, a timetable and deadlines with you, and adhere to them. Should more specialised work is required, they will be undertaken by people with the necessary skills and experience.
Our bookkeeping and accounting service for companies in any jurisdictions starts from SGD 140 per month.
Our fees for FRS compilation, XBRL preparation & filing and tax computation for Singaporean company starts from SGD 650 per financial period.
Bookkeeping Fees - All Jurisdictions
ATTRIBUTES & REQUIREMENTS
| Bookkeeping Fees - All Jurisdictions | |||||||
|---|---|---|---|---|---|---|---|
| SGD | SGD | SGD | |||||
| Plan | Transactions/Mo. | Monthly Charge | Printing Cost | Quarterly Charge | Printing Cost | Annual Charge | Printing Cost |
| A | 10 or Fewer | $140 | $30 | $360 | $35 | $950 | $75 |
| B | 11-30 | $195 | $30 | $495 | $35 | $1,375 | $75 |
| C | 31-50 | $250 | $35 | $645 | $50 | $1,820 | $105 |
| D | 51-100 | $470 | $40 | $1,100 | $75 | $3,300 | $125 |
| E | 101 & Above | Email For Quote | Email For Quote | Email For Quote | |||
FRS Compilation, XBRL Preparation & Filing and Tax Computation for Singapore Company
ATTRIBUTES & REQUIREMENTS
| FRS Compilation, XBRL Preparation & Filing and Tax Computation for Singapore Company | ||||
|---|---|---|---|---|
| FRS Compilation | XBRL Preparation | Tax Computation | Printing & E-Signing | |
| Type of Company | SGD | SGD | SGD | SGD |
| Dormant Company | $650 for dormant bookkeeping & FRS compilation | $500 | $95 for tax waiver | $100 |
| Trading Company Subject to number of transactions and turnover. | $850 and up | $500 | $600 and up | $100 and up |
Striking Off a Singapore Company
ATTRIBUTES & REQUIREMENTS
| Striking Off a Singapore Company |
|
|---|---|
| Fees (SGD) | $850 |
| Criteria for striking off: | 1. The company has ceased business operations. 2. If GST registered, the company has cancelled GST status with IRAS. 3. The company has cancelled all bank accounts. 4. The company has no court proceedings within or without Singapore. 5. The company has no property assets and creditor liabilities. 6. The company owes no debts on taxation to IRAS 7. The company has no outstanding ACRA summons by any officer. 8. The company is not indebted to any other government department. 9. The company has no unsettled ACRA summons. 10. The company has the same records of strike-off application as ACRA 11. The company has no outstanding mortgage charges in ACRA records. 12. The company has consent in writing to the striking off by all directors and majority shareholders |
Need Some Help?
Need Some Help?
Need some advice on where to start? Contact our experts today!
Contact Us Soon
