Singapore Accounting and Tax

Accounting in Singapore

Books of account are necessary for any business. It enables it to know its financial status as to whether it is currently making income, or is losing money. This enables the business to make more informed business decisions as it can readily determine the direction that it has to take merely by checking its books.  It also makes it easier for the business to comply with any tax requests that it may receive from the government as it can readily support its claims again by merely having its … [Read more...]

11 Tips for Outsourcing Accounting Services in Singapore

11 Tips for Outsourcing Accounting and Bookkeeping Services in Singapore

  (Updated: April 20, 2016) Singapore is known as the most SME-friendly country in the world thanks to its low corporate tax rate, transparent business policies, straightforward company incorporation process, and extensive government support programmes.   To maintain a prosperous business environment, the government stringently implements its laws and policies. Every company is required to fulfill compliance responsibilities including accounting, bookkeeping and tax statutory … [Read more...]