According to the Accounting and Corporate Regulatory Authority (ACRA), nearly 500,000 companies are currently registered in Singapore. It is a mandate for all registered companies to file taxes with the Inland Revenue Authority of Singapore (IRAS). In order to file accurate tax returns, companies need to maintain accurate books of accounts and keep relevant documentation organized.
Large companies usually comply easily with IRAS mandates, general tax laws and other obligations, by hiring expense accounting firms. However, bookkeeping and tax compliance can be a challenge for small to medium businesses with more limited budgets. These businesses may not be familiar with the current tax laws and may not be equipped with the right tools or processes to comply.
Our Singapore Accounting Services are designed to keep things simple and take the bookkeeping, accounting and tax filing burden off your shoulders. We give you peace of mind for accounting and taxes compliance. Our services are best fit for some to medium companies aiming to outsource their accounting and bookkeeping services.