corpsec

corpsec

  • Joined: April 11, 2020
  • Articles: 44

How to Find an Accountant for Your Small Business in Singapore

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Finding the right accountant can make a significant difference for your small business in Singapore. From managing day-to-day bookkeeping to ensuring compliance with tax and financial reporting regulations, a qualified accountant helps streamline operations and supports informed decision-making. In this article, we break down how to find an accountant for a small business in Singapore based on your needs, industry, and available technology. Learn what to look for in credentials, tools, and advisory support, and explore services like small business accounting and GST registration to stay compliant and financially secure.

Understanding Singapore Audit Requirements: What Every Company Needs to Know

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Understanding Singapore’s audit requirements is essential for companies aiming to stay compliant and avoid penalties. Not all companies need to undergo audits, those classified as small may be exempt based on financial thresholds such as revenue, assets, and employee count. However, all businesses must maintain accurate financial records and comply with annual return deadlines. This article explains statutory audit obligations, exemption criteria, and the consequences of non-compliance. Discover how services like bookkeeping and payroll outsourcing in Singapore can support your audit readiness and long-term business compliance.

What Are the Key Corporate Secretary Duties and Responsibilities in Singapore?

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In Singapore, every company must appoint a corporate secretary within six months of incorporation. This article outlines the core corporate secretary duties and responsibilities, such as maintaining statutory registers, filing with ACRA, managing board meeting minutes, and ensuring compliance with legal requirements. Discover how corporate secretaries support governance and help companies meet statutory obligations effectively.

Your Guide to Setting Up a Company in Singapore the Right Way

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Singapore offers one of the most efficient and transparent environments for starting a business. This guide walks you through the essentials of setting up a company in Singapore, from choosing the right business structure and registering with ACRA to appointing directors, opening a corporate bank account, and meeting ongoing compliance obligations. Discover how to launch your business with confidence and clarity.

Tax Exemption vs. Tax Evasion in Singapore – What’s the Difference?

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Discover the fine line between tax exemption and tax evasion in Singapore. This comprehensive guide explains how businesses and individuals can legally minimise tax liabilities using government-sanctioned exemptions while avoiding illegal tax evasion practices. Learn about tax deductions, corporate tax benefits, and real-world tax evasion cases handled by IRAS. Stay compliant with Singapore’s tax laws and ensure your financial decisions are risk-free. Let Accountancy Hub help you navigate tax exemptions and compliance with expert tax advisory services.

Singapore Audit Requirements: Is Your Startup Eligible?

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Launching a startup in Singapore? Learn everything you need to know about Singapore audit requirements, from exemption criteria to mandatory audits under the Companies Act. This comprehensive guide by Accountancy Hub Singapore explains how small companies can qualify for audit exemption, the role of IRAS, common misconceptions, and why voluntary audits can benefit even exempt startups. Discover the audit thresholds, legal compliance tips, and when an audit becomes necessary for funding, grants, or expansion. Stay compliant and confident with expert insight tailored for new businesses.

Freelance Accountant vs. Big Firms: Who Wins the Singapore Accounting Battle?

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Struggling to decide between hiring a freelance accountant in Singapore or working with a large accounting firm? This article explores the benefits and drawbacks of both options, covering costs, service quality, industry expertise, and scalability. Whether you're a startup, SME, or an established business, learn how to make the right choice for your SME financial management needs. Get expert insights from Accountancy Hub, your trusted source for professional accounting services in Singapore.

Startup Accounting Nightmares: 4 Costly Mistakes You Don’t Want to Make

Startup Business Meeting

Launching a startup? Don’t let simple accounting errors ruin your business. This guide from Accountancy Hub Singapore covers four common accounting mistakes startups often make—like mixing personal and business finances, neglecting taxes, poor cash flow tracking, and not using accounting software. Learn practical accounting tips for startups, avoid financial pitfalls, and get expert help through our small business accounting services.