Where to Get Best Corporate Services in Singapore?

Corporate services are essential for all businessmen because it saves their time. It allows them to concentrate on their business while the service provider handles all other matters, especially those pertaining to compliance with the local laws and securing the necessary permits. These works need a lot of time and knowledge about the procedures. The consultants have good knowledge about this and have people who are specialized in handling such jobs. These service providers have helped many companies to be set up in Singapore and run smoothly without bothering about other matters.

Singapore Accounts is a corporate consultant with many years of experience in handling statutory matters. We have helped set up many companies in Singapore. Both foreign companies and individuals have taken our help in starting their operations in Singapore. We have also helped many local investors to start their business. Though local companies and individuals can directly approach the ACRA for getting their companies incorporated most of them prefer to use us as we can get the job done faster. Though company incorporation in Singapore is a simple and easy process, for those who don’t know the procedure it can be overwhelming. There are two main steps to registering your company. The first step is to register the name with the ACRA. Once this is done, you can incorporate your company within a few hours if your application is not referred to higher authorities. We help the entrepreneurs in filling the documents and answering queries from the authorities. We also give valuable information about the different types of companies that a local businessman can start in Singapore. The most preferred type of company is the private limited company as it removes the burden of liabilities from the individual and places it on the company which is a separate legal entity.

Singapore Accounts can also help the businessmen in fulfilling the mandatory requirements in forming a company. All new companies require a resident director who is a local resident. There should be a registered office for the companies to receive documents which are sent by the authorities. After a period of six months from incorporation, these companies should appoint a company secretary. We can help fulfill all these requirements wherever the companies need help.

Taxation is a subject for experts. Small and medium companies cannot appoint a separate person for this job. This is where Singapore Accounts can help these companies. We have tax experts who can advise the companies on how to manage the tax. We can inform them about the various tax benefits and exemptions and help them in compiling the tax. We also help in filing the annual return on time so as to avoid any penalization.

The ACRA mandates that the year-end financial statements must be submitted in the XBRL format. This is a business language which is used worldwide for the filing of business reports. There are many advantages to using this language, the main one being that it is easy to retrieve this and use it by the different agencies. Singapore Accounts have experts who can prepare the statements in this format and do the XBRL filing.

Elliot is well known content writer. He has a lot of experience and has written many articles on the topic of accounting firms in Singapore and file annual return.