Accounting Services for SMEs
Reliable | Cost-efficient | Professional
I&S focuses on essential corporate services centered around our core offering – Accounting & Bookkeeping Services. By incorporating core business services together, we enable your business to run smoothly.
As a lean accounting firm, we provide quality services at highly competitive prices. Our processes are optimized to bring about high quality services at low cost. With the aid of modern accounting methods and technologies, we are able to provide reliable, professional and cost-efficient services to our clients.
It is a requirement for all companies incorporated or registered in Singapore to maintain proper records of its financial transactions. Doing so in accordance to accounting standards not only ensures compliance to statutory filing requirements and tax obligations, it also provides the best view of your business performance.
In the globally competitive climate today, businesses that do not keep themselves relevant will not be spared an ugly end. Our team of experts with multi-dimensional and cross-industry experience can help you develop strategies fit for your objectives, from Customer Engagement to a Digitalisation Plan.
In accordance to the Singapore Companies Act, every company is required to appoint a company secretary within 6 months of incorporation. Company secretaries need to have a good understanding of the Companies Act requirements to ensure compliance and avoid unnecessary hefty penalties.
Since April 2016, employers in Singapore are required to issue itemised pay slips to employees covered by the Employment Act and to provide written records of Key Employment Terms (KETs). Automating these time consuming administrative duties saves significant costs.
Setting up a company is an important first step for every business to start operations in Singapore. It is crucial for businesses to understand the various types of business and corporate structures before registering themselves with the Accounting & Corporate Regulatory Authority (ACRA). There are 5 different types of business structures which businesses must select carefully.
Tax compliance is a critical and important aspect for businesses large or small. All companies must file their tax return by the statutory deadline, and heavy penalties are imposed by the tax authority for late filing and incorrect returns. As the taxation framework in Singapore gets increasingly complex, speak to our experts for support to deliver an optimal tax plan and compliant filings every year.