RESOURCES
2024 Guide: Singapore Company Annual Filings
If you are a Singapore-incorporated firm, you must file your annual returns with ACRA within the statutory deadline after the end of each fiscal year. Understanding financial accounts is critical for making sound decisions, but navigating the world of yearly returns...
Singapore’s Strategic Advantage: Why Firms Choose Outsource Accounting Services
Singapore is a dynamic and thriving corporate hub that has seen remarkable economic progress in recent years. This has resulted in increased demand for outsource accounting services to assist businesses in complying with local requirements and improving their...
Tax Season: Essential Steps for Smooth Tax Filing in Singapore
In Singapore, the tax season is commonly defined as the period during which individuals and corporations prepare and file their tax returns for the prior fiscal year. Singapore's tax season normally coincides with the calendar year, with filing deadlines in April of...
The Future of Accounting: How Cloud Accountants Are Revolutionizing Financial Management
Businesses in Singapore have significantly increased their use of cloud accounting software. Platforms such as Xero, QuickBooks Online, and MYOB are popular owing to their ease of use, real-time data access, and scalability. As organizations seek more efficient and...
Setting up a Business: What You Should Know About Registrar of Companies Singapore
Singapore is renowned for its efficient business environment, and the Registrar of Companies is no exception. ACRA has developed digital services and internet platforms to help speed operations like company registration, document filing, and information access....
Unlocking the Benefits of ACRA Singapore: A Guide for Business Owners
Singapore's central location in Southeast Asia serves as a gateway to regional markets. Its well-developed infrastructure, which includes world-class ports and airports, improves connectivity and promotes trade and investment. Indeed, Singapore attracts many...
The Advantages of Cloud Accounting for Small Businesses
As a small business owner, managing accounting and procurement can be difficult, especially with limited resources. However, cloud accounting has made such tasks easier than ever before. Cloud accounting has grown in popularity in recent years due to the numerous...
Future of Auditing in Singapore: Technology and Innovation
Singapore, officially known as the Republic of Singapore, is a city-state and island nation in maritime Southeast Asia. The country consistently ranks well in global ease of doing business ratings, thanks to its simplified administrative procedures, decreased...
Cash Flow Chronicles: A Quick Guide in Managing Your Business Finances Effectively
Effective financial management is essential for business survival and growth. It comprises planning, arranging, controlling, and monitoring your financial resources to achieve your business objectives. Proper money management will help your organization maximize its...
Beyond Compliance: The Role of Ethics in Effective Tax Planning for Singaporean Businesses
Singapore's economy ranks among the wealthiest and most developed worldwide, boasting low unemployment rates, a high GDP per capita, and significant growth. Also, Singapore's tax system is lauded for its simplicity, competitiveness, and business-friendly regulations....
In the Clouds: How to Protect Financial Data in Cloud-Based Accounting Systems
In today's digital age, organizations are increasingly using cloud accounting systems to expedite financial procedures and improve accessibility. While cloud accounting offers various benefits, such as real-time data access and increased collaboration, financial data...
Singapore GST Hike 2024: Preparing Your Business Through Proactive Financial Planning
The new 9% goods and services tax (GST) rate is expected to go into effect on January 1, 2024. According to an article released by the Inland Money Authority of Singapore (IRAS), the Singapore government intends to cover greater healthcare expenditure and provide...