Accounting & Finance

If 2024 was about “going digital,” 2025 is about getting decision-grade data from your books—fast. With tighter cash cycles, rising costs, and ongoing digitalisation across IRAS/ACRA touchpoints, SMEs that treat bookkeeping as a strategic function (not just compliance) will outpace those that don’t. Clean books unlock: Cash flow clarity (know what’s due, when, and what’s…

Singapore is widely regarded as one of the world’s most attractive financial and business hubs, thanks to its robust economy, pro-business policies, and competitive tax framework. Many entrepreneurs and corporations are drawn here not only for its investment opportunities but also for its seamless company incorporation in Singapore, which offers a gateway to the region’s…

In Singapore, the Goods and Services Tax (GST) is a consumption tax levied on the supply of goods and services and the import of goods. While businesses are only mandatorily required to register for GST when their taxable turnover exceeds S$1 million in the past 12 months, many small and growing businesses choose to register…

In the fast-evolving digital economy of 2025, financial agility is no longer a luxury — it’s a necessity. Cloud-based bookkeeping has emerged as the new gold standard for modern businesses, enabling entrepreneurs, finance teams, and accountants to access critical financial data from anywhere, at any time. But beyond just convenience, real-time access to financial information…

In the vibrant business landscape of Singapore, maintaining compliance with corporate governance standards is crucial. The role of a corporate secretary is indispensable in navigating these requirements, particularly when it comes to annual compliance activities. This blog will provide an overview of the annual compliance requirements for companies in Singapore, delve into the specific responsibilities…

In the dynamic landscape of Singapore’s bustling business scene, accurate bookkeeping stands as a cornerstone for success. Whether you’re a startup, an SME, or a well-established corporation, maintaining precise financial records is not just a legal obligation but a strategic imperative. Let’s delve into why accurate bookkeeping is paramount for Singaporean businesses, the repercussions of…

Tax filing is an intricate aspect of running a business in Singapore, renowned for its business-friendly tax system. However, even in such an environment, companies frequently make mistakes that can lead to penalties, audits, and unnecessary stress. This blog will outline some common mistakes in corporate tax filing and provide detailed advice on how to…

In the dynamic landscape of corporate taxation in Singapore, staying ahead of regulatory changes and maximising returns can be a daunting task. This is where tax consultants step in, playing a pivotal role in navigating the complexities of tax laws and ensuring compliance while optimising financial outcomes for businesses. In this blog post, we explore…

In today’s dynamic business landscape, staying ahead often means streamlining operations, optimizing resources, and focusing on core competencies. For businesses in Singapore, a global financial hub, efficient financial reporting is not just a necessity but a strategic imperative. However, managing financial reporting in-house can be time-consuming, resource-intensive, and prone to errors. This is where outsourcing…

In the dynamic world of business, financial statements are the compasses guiding companies through the turbulent seas of commerce. Financial statements are formal records that present the financial activities and position of a business, organization, or individual. They provide a summary of financial transactions, performance, and financial health over a specific period, typically a fiscal…