Why Appoint An Accounting Firm in Singapore
Strict tax laws and their effective enforcement is a growing phenomenon in the Singapore business environment. This has led to an increasing need for businesses, big and small, to appoint accounting firms to take care of their books of accounts and adhere to statutory compliance. The best accounting firms in Singapore like Bestar gear their efforts towards providing businesses with the best of accounting services at an affordable cost. Here are the reasons why you should appoint a competent accounting firm in Singapore for your business:
Your Business Gets Consultation from Experts
By hiring the services of a reputed accounting company in Singapore, your business enjoys tax and bookkeeping consultation from experts. These accounting firms provide consultancy that is solely focused on your financial needs. They have deep knowledge of the Company’s Acts and regulations in Singapore to take complete care of the statutory compliance requirements of their clients.
These firms are fully equipped with the latest accounting software which is a critical factor in accommodating the most recent changes in the tax rules and accounting regulations in Singapore and in maintaining accuracy in account work. These software systems are also designed to keep a regular back up of your financial records for a long time.
You Get Certified Accountants to Help You
Most accounting firms worth their mettle, engage the services of certified professional accountants in Singapore. These certified professionals, experts in their fields, can help you to understand the current financial position of your company and also guide you to areas where you need to make amendments in your financial decisions or where to cut down on expenditure or indicate your future course of action.
At Bestar, we not only employ such certified professional accountants to look after your accounts and offer guidance in terms of your financial position, we also are a member of Institute of Singapore Chartered Accountants (ISCA). As a firm that is compliant with the government regulations to legitimately run and offer accounting services, we offer a comprehensive list of services to our clients.
Compliance Reporting
Another key service that a credible accounting firm in Singapore offers is the filing of year-end financial statements and board resolutions that are needed by Singapore’s Accounting and Corporate Regulatory Authority (ACRA).
A trustworthy accounting firm helps you in the understanding and navigating the convoluted world of statutory requirements and ensures that you comply with the country’s laws.
Tax Planning
A full-service accounting firm like Bestar offers not only expert opinion and advice in matters of business taxation and compliance but also provides you with long term tax saving strategies and maximise your tax relief.
From tax accounting to compliance reporting, Bestar offers a full suite of accounting services that you can trust.
