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How To Launch Your Business In 6 Steps

Uncover the secrets to launching your business successfully with this insightful video guide. From brainstorming innovative ideas to executing effective strategies, this video equips you with the essential knowledge to jumpstart your entrepreneurial journey.

Learn more about the comprehensive company registration services provided by Corporate Services Singapore, including professional accounting and secretarial services, to streamline your business setup process.

Source: https://www.corporateservicessingapore.com/possibility-reality-launch-business-6-steps/

Check this guide to company registration in Singapore.

============================================== Find us on:

Website: https://www.corporateservicessingapore.com/

Facebook: https://www.facebook.com/CorporateServicesSG/

Twitter: https://twitter.com/CorporateSvcsSG/

LinkedIn: https://www.linkedin.com/company/corporate-services-singapore/

Pinterest: https://www.pinterest.com/CorporateServicesSingapore/ ==============================================

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Why Digitise Your Accounting Functions In this engaging video, we delve into the significance of digitizing your accounting functions for enhanced efficiency, accuracy, and financial management. Discover the benefits of leveraging digital tools and technologies to streamline your accounting processes and drive business growth.

Partner with a professional accounting services provider like to seamlessly outsource your Singapore accounting functions. With our expertise and experience, we empower businesses and organizations to confidently embrace digital transformation in their accounting operations.

Source: https://www.corporateservicessingapore.com/is-your-accounting-function-falling-behind-digitisation-is-the-future/

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How To Launch Your Business In 6 Steps

This infographic highlights the steps on how to launch your business successfully. Launching a business be a daunting task, but with the right support, you can make it a seamless process. Corporate Services Singapore is here to assist you every step of the way. Explore our comprehensive range of services like company incorporation that is designed to help you successfully launch your business.

Take a look on this guide about offshore company incorporation in Singapore.

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Recent changes in company governance expand the duties of corporate secretary to more responsibilities. From being the go-to person for support, the company secretary now holds one of the critical positions within the company. To ensure workflow efficiency while avoiding the risk of getting fined, it is important to engage competent company secretarial services in Singapore.  

[corporateservicessingapore]

Cash flow management helps you determine your success or failure in the industry.  This infographic gives you some tips that you can follow to stay on top of your cash flow and to avoid potential problems.  

If you need assistance in protecting your cash flow, seek help by hiring an outsourced accounting services from established accounting firm in Singapore.  Corporate Services Singapore offers outsourced accounting services in Singapore, allowing clients to enjoy high-quality, lower fixed-cost services customised accounting packages.

Source:  https://www.corporateservicessingapore.com/avoid-cash-flow-crisis-with-these-6-effective-tips/

============================================== Find us on: Website: https://www.CorporateServicesSingapore.com   Facebook: https://www.facebook.com/CorporateServicesSG/ Twitter: https://twitter.com/CorporateSvcsSG Google+: https://plus.google.com/+CorporateServicesSingapore LinkedIn: https://www.linkedin.com/company/corporate-services-singapore ==============================================

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A Guide to Singapore Business Incorporation and General Compliance Fees

Many foreign entrepreneurs see Singapore as an advantageous business destination because of its thriving corporate ecosystem and straightforward company incorporation process. However, although foreigners can benefit greatly by setting up a company in the country, succeeding in this endeavour will require comprehensive financial planning. 

This article will share the necessary registration and compliance fees you need to know about so you can adequately plan your corporate budget. 

Setting up a company

Nowadays, the Singapore business incorporation process can be accomplished digitally. By logging in to BizFile+, the official portal fully operated by ACRA, entrepreneurs can register their company with so much ease and convenience.

For this step, you'll need to prepare a total of S$315 for the initial fees: S$15 for corporate name application and S$300 for the standard registration fee. 

During the application process, you will need to provide your company's share capital. The minimum amount is S$1, but depending on the nature of your business, the minimum amount may vary. Regardless, be sure to prepare these funds when setting up your company in Singapore.

Annual compliance fees

Once you've successfully registered your company, preparing funds for annual compliance fees is next. These include:

Registered office address

Providing an office address is one of the requirements during the registration process. However, the provision for the space needs to be paid on an annual basis. Therefore, to meet the compliance fees, you will need to pay anywhere from S$100 to S$500 every year for the registered office address. 

Nominee directorship services

As Singapore law dictates, all companies must have at least one local resident director. So, to keep you compliant with the law, you can get corporate secretarial services to appoint a Singaporean director for your company. The fee for this service can range from S$1,900 to S$3,000 per annum.

Company secretarial services

Following the same law, every business entity is required to have at least one corporate secretary to meet the regulatory and reporting guidelines in the country. Provided that corporate secretaries hold extensive responsibilities, the cost for their services on an annual basis can range from S$450 to S$1,000.

Accounting requirements

In addition, all companies in Singapore are mandated to keep financial records of their transactions and accounts for a minimum of five years. Since accounting requirements tend to be complex, it’s highly advisable to get accounting services from accredited firms to assist you throughout the process.

For setting up an accounting system, expect to spend a one-time fee of approximately S$400. For bookkeeping requirements, you can spend around S$200 to S$2,000 per month. Finally, for financial statement compilation, you will need to pay the services at least S$400. 

Annual returns

Unless your company is exempted, you will also be required to file annual returns to ACRA through the BizFile+ portal. ACRA charges S$60 per annum as the annual filing fee. However, if you want to seek assistance from a corporate secretary, the fee will be incorporated into the total price of their services.

Tax filing

Besides that, you will also be asked to pay and file your corporate taxes. If your company is earning a taxable income of over S$1 million, you will be required to pay the goods and services tax on top of corporate taxes. 

Because the filing process can be tedious, you can hire tax filing services from accredited accounting firms for an average price of S$450 per filling.

Auditing 

All companies are mandated to appoint auditors within the first three months of their incorporation. As such, you will need to get statutory audit services for a general cost of S$3,000.

As a foreign investor, having this information can be overwhelming for you. Fortunately, you can hire local company incorporation services for a much smoother transition to understanding Singapore’s registration and compliance requirements. 

[corporateservicessingapore]

Cash flow management helps you determine your success or failure in the industry.  This infographic gives you some tips that you can follow to stay on top of your cash flow and to avoid potential problems.  

If you need assistance in protecting your cash flow, seek help by hiring an outsourced accounting services from established firm in Singapore.  Corporate Services Singapore offers outsourced accounting services in Singapore, allowing clients to enjoy high-quality, lower fixed-cost services customised accounting packages.

Source:  https://www.corporateservicessingapore.com/avoid-cash-flow-crisis-with-these-6-effective-tips/

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Considering to stay in Singapore? Watch this video so you have a better idea of what to expect living in this first world country.  You can enjoy Singapore’s comforts by taking an advantage of setting up your own business.  

Need help for your company incorporation? Corporate Services Singapore provides comprehensive company incorporation Singapore for foreign business owners, serving over 400 companies in the last ten years. It also offers add-on services including company secretary and accounting services.

Source:  https://www.corporateservicessingapore.com/what-you-need-to-know-about-living-in-singapore-as-a-foreign-business-owner/

============================================== Find us on: Website: https://www.CorporateServicesSingapore.com   Facebook: https://www.facebook.com/CorporateServicesSG/ Twitter: https://twitter.com/CorporateSvcsSG Google+: https://plus.google.com/+CorporateServicesSingapore LinkedIn: https://www.linkedin.com/company/corporate-services-singapore ==============================================

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Considering to stay in Singapore? Here are some information listed on this infographic so you have a better idea of what to expect living in this first world country.  You can enjoy Singapore’s comforts by taking an advantage of setting up your own business.  

Need help for your company incorporation? Corporate Services Singapore provides comprehensive company incorporation Singapore for foreign business owners, serving over 400 companies in the last ten years. It also offers add-on services including company secretary and accounting services.

Source:  https://www.corporateservicessingapore.com/what-you-need-to-know-about-living-in-singapore-as-a-foreign-business-owner/

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Learn about Business Grants Portal (BGP) to know how your business can benefit from it.  

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Planning to incorporate a company in Singapore? You should take advantage of Business Grant Portal. Watch this video to learn about the benefits of BGP in your business.  Once you've accomplished company registration through Singapore incorporation services, you can apply for a grant through this portal.

Source:  https://www.corporateservicessingapore.com/learning-about-business-grants-portal/

============================================== Find us on: Website: https://www.CorporateServicesSingapore.com   Facebook: https://www.facebook.com/CorporateServicesSG/ Twitter: https://twitter.com/CorporateSvcsSG Google+: https://plus.google.com/+CorporateServicesSingapore LinkedIn: https://www.linkedin.com/company/corporate-services-singapore ==============================================

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Accounting is considered to be a critical business function. Accurate accounting and timely book-keeping are of paramount importance to the ongoing performance of your business. If your business doesn't have in-house Singapore accounting professionals, it is advised that you outsource accounting services. By engaging a team of qualified accounting professionals with Corporate Services Singapore, you could dramatically improve your profitability and secure your financial future.

Source:  https://www.corporateservicessingapore.com/7-accounting-services-small-businesses-in-singapore-need/

============================================== Find us on: Website: https://www.CorporateServicesSingapore.com   Facebook: https://www.facebook.com/CorporateServicesSG/ Twitter: https://twitter.com/CorporateSvcsSG Google+: https://plus.google.com/+CorporateServicesSingapore LinkedIn: https://www.linkedin.com/company/corporate-services-singapore ==============================================

[corporateservicessingapore]

Accounting is considered to be a critical business function. Accurate accounting and timely book-keeping are of paramount importance to the ongoing performance of your business.

If your business doesn't have in-house Singapore accounting professionals, it is advised that you outsource accounting services. By engaging a team of qualified accounting professionals with Corporate Services Singapore, you could dramatically improve your profitability and secure your financial future.

Source:  https://www.corporateservicessingapore.com/7-accounting-services-small-businesses-in-singapore-need/

[corporateservicessingapore]

This infographic shows the three important considerations to ensure your consumer’s retail experience to be with your brand.   As you focus on reaching through your consumer’s needs and expectations, let Corporate Services Singapore simplify doing business for your company expansion and success.  Corporate Services Singapore provides a comprehensive one-stop solution for Singapore incorporation services and other business-related services.  You may visit our website https://www.corporateservicessingapore.com for more information.   Source: https://www.corporateservicessingapore.com/3-steps-reach-singapore-consumers-brand/

[corporateservicessingapore]

This infographic shows the three important considerations to ensure your consumer’s retail experience to be with your brand.   As you focus on reaching through your consumer’s needs and expectations, let Corporate Services Singapore simplify doing business for your company expansion and success.  Corporate Services Singapore provides a comprehensive one-stop solution for Singapore incorporation services and other business-related services.  

   Source: https://www.corporateservicessingapore.com/3-steps-reach-singapore-consumers-brand/

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This video shows the 4 Reasons Why AI Revolutionise Accounting in Singapore. Adoption of AI and other related technologies becomes more prevalent nowadays. It brings many opportunities for accountants to improve their efficiency, provide more insight and deliver more value to businesses. Thus, accounting services provider should not only have accounting knowledge but also need to be proficient in accounting technologies, like AI.  Corporate Services Singapore offers outsourced accounting services in Singapore, allowing clients to enjoy high-quality, lower fixed-cost services customised accounting packages. Its qualified accountants stay up-to-date with Singapore’s complex accounting regulations and financial reporting standards.  You may visit our website for more information @ https://www.corporateservicessingapore.com Source: https://www.corporateservicessingapore.com/4-reasons-why-ai-will-revolutionise-accounting-in-singapore/

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This infographic shows the 4 Reasons Why AI Revolutionise Accounting in Singapore. AI creates the potential to do more with the resources we have. By automating administrative tasks, accountants can devote more time and energy on creativity, analyzing and interpreting the data to extract real value for the business and their customers Accounting services Singapore providers should train accountants with technology skill-sets and a deep understanding of accounting and business context surrounding data and insights taken from data.  Reliance Consulting specializes in providing basic to complex accounting business solutions backed by a team of certified accountants with technology skill-set. You may visit our website for more information @ https://www.corporateservicessingapore.com

Source: https://www.corporateservicessingapore.com/4-reasons-why-ai-will-revolutionise-accounting-in-singapore/