Conduct Research Before Hiring One of the Accounting Services Singapore

Singapore offers lower corporate tax rates, transparent policies, and backs its SME sector with supportive programs. However, it also implements its laws strictly. Accounting services Singapore offer a helping hand to the businesses, irrespective of their size, in fulfilling their compliance responsibilities.

Why Should You Appoint an Accounting Firm in Singapore?

• Do-It-Yourself Business Owners

  Some of the small business owners try to manage their accounting on their own rather than hiring an accounting firm in Singapore. They are right in their perspective. However, even an owner thorough in accounting principles and possessing the mental aptitude for the task require a large amount of time for preparing monthly accounting or quarterly accounting, balance sheet, cash flow statement and profit and loss statement.

• Accounting for Startups and SME Owners

  The startup, small and mid-level business owners, have but a few hours at their hands. As it is, most of them multitask to discharge their responsibilities as the providers of the products or services. Taking care of the accounting needs of the business becomes an additional task for them. Outsourcing to accounting companies in Singapore turns out to be a viable solution for them.

• Prompt Accounting Services

  The experts in the accounting services Singapore offers prompt quarterly bookkeeping services, compilation Report/ Director's Report, and unaudited financial statements to their clients. They also help out with the GST registration and the client's quarterly GST return filing. They liberate their customers from the stress of the task.

Outsource Non-Core Task to Accounting Companies in Singapore

From the point of view of generating additional revenue and profits for the business, accounting is a non-core task. That is why do not hesitate to outsource it to an experienced accounting company in Singapore. You can use the saved resources to give your full attention to the core goals of your company.

Know Your Accounting Firm in Singapore

• Search for a Reliable Accounting Firm

  Before hiring an accounting firm in Singapore make inquiries about a few reputed ones in your city. Additionally, you can inquire within your friend and business circle and see, if you can get a positive reference about one of them.

• Reputation of Accounting Services

  When you finally zero-in on one of them as the most promising lead, set up a meeting with the representatives of the accounting service. Ask them for further details like their credentials, corporate record, profiles of their experts, and about their legal and business status. You may also ask them about the technological resources and accounting software they use.

If you are satisfied that the shortlisted accounting services Singapore is capable of satisfying contractual and statutory obligations, sign a comprehensive agreement detailing your expectations and needs with them. Such an agreement will be useful to avoid any future conflicts.

Contact us:

SBS Consulting Pte Ltd

High Street Centre,

#17-02, 1 North Bridge Road,

179094 - Singapore

Phone: (65) 6536 0036

Email: info@sbsgroup.com.sg

SBS Consulting is one of the leading corporate services provider in Singapore. It specializes in Company Incorporation, Accounting, Preparation of director's report, Taxation, GST, Payroll, XBRL, IT software development and maintenance, etc.