We will assign an experienced accountant to you. Your accountant will analyse your financial records. He or she will track filing deadlines, propose possible tax exemptions and generate reports so you get a clear view of your actual tax status.

This depends on your preference and the company’s needs. Company accounts can be done on a monthly, quarterly or yearly basis. If the company is GST Registered, the Company accounts would have to be done minimally on a quarterly basis.

For you to produce accurate accounting statements, you will have to be kept updated with the latest changes in the Singapore accounting laws. Should you have the relevant skillset and time required to prepare the accounts according to the government's standards, you are able to do so. However, it is far better to let the professionals handle accounting and auditing tasks. This will free you to concentrate on the core functions of your business.

Professional accountants at StarTeam make sure that they are updated with the changes in requirements. This ensures that the prepared accounts are up to the required standards.StarTeam can also advice you on tax issues related to your business.

You will have to choose a trustworthy Singapore accounting service provider. And no one better than StarTeam! This helps you save both money and time, of which would have been spent selecting and training accounting professionals for your company.

Professionals at StarTeam submit accurate and timely reports for you. We use the latest accounting software to process your data securely. With our experience, handling your compliance requirements never gets easier.

Yes, it is possible to transfer money out of Singapore. Singapore has signed double-taxation treaties with more than 50 trading partners. These help businesses and individuals in avoiding double taxation on their cross-border income.

The destination country may apply tax when your money arrives in its jurisdiction. Check with a tax consultant to know the latest requirements.

All Singapore companies are required by law to maintain proper accounting records. These records are essential for the preparation of financial statements and tax filings, and failure to comply with the regulations can result in penalties and legal consequences.

Our company specializes in providing accounting/tax services to businesses of all sizes. We have a team of experienced professionals who can help you keep your financial records in order and ensure compliance with the relevant regulations. With our expertise, you can focus on running your business and leave the mundane accounting/tax work to us.

All companies must file Estimated Chargeable Income (ECI) with the Inland Revenue Authority of Singapore (IRAS) within 3 months from the end of their financial year. This estimate is used to determine the company's tax liabilities for the following year.

All Singapore companies are required by law to hold an AGM (Annual General Meeting) within 6 months of the company's financial year-end. Failure to comply with this requirement can result in penalties and legal consequences.

Company Secretarial services from StarTeam includes the preparation of minutes of AGM.

We will send over the AGM documents together with the financial statement once it’s done.

If you did not engage our accounting service, kindly upload your Financial Statements via your StarTeam Secretary Platform and we will send the AGM documents for your signing.

All Singapore companies are required by law to file the Annual Returns within 7 months of the company's financial year-end.

Failure to comply will incur the following late filing penalties:

• Penalty for the late holding of AGM – SGD300
• Penalty for the late filing of Annual Returns – Starts from SGD300

All Singapore companies have the option to apply for a one-time extension of 60 days if they require additional time to hold the AGM or file the annual returns.

You can make the request to file for an AGM / AR extension via the StarTeam Secretary Platform.

• Bank Statements with transaction details
• Sales Invoices (including unpaid) or Sales Report (with details)
• Supplier Invoices (including unpaid) or Expenses Report (with details)
• Expenses & Receipts
• Cheque Stubs & Cash Deposit bank-In slips
• Payment & Petty Cash Vouchers
• Salary Vouchers and/or Payroll Summary (including casual labour & part-timers)
• CPF Statement / Foreign Worker Levy (If applicable)
• Hire Purchase Agreement / Tenancy Agreement (If Applicable)
• Subcontractor Listing / Commission Paid