Guide to our Accounting and Tax Services
Updated: Sep 3, 2020
EXPEDE TECH PTE LTD offers a comprehensive range of bookkeeping and Singapore accounting services. With the professional assistance a good accounting firm in Singapore, your company in Singapore will have proper and healthy accounting and bookkeeping records for the sake of the company’s reputation. The records help your company fulfill the compliance requirements stipulated by IRAS and ACRA.
Our Singapore accounting services and bookkeeping solutions can be scaled up and down, depending on your company’s unique condition. Our professional, customer-focused staff act with integrity and honesty and carefully listen to understand your financial goals and develop a plan to attain them. All of the superior accounting advice and assistance are served to you with no hidden charges, leaving you with peace of mind till the end.
Cloud Singapore Accounting Services
What is so great about cloud Singapore accounting services?
Cloud accounting is an online accounting method that enables you to perform your accounting operations over the internet. By using cloud accounting software, you can access it easily from anywhere at any time and from any device via web browsers as it runs on the server. All the physical limitations can be overcome and all your Singapore accounting services can be done in a more efficient way.
Cloud accounting empowers businesses to perform accounting activities with ease and complete flexibility even if you do not have any background in accounting. At Expede Tech, a professional accounting firm in Singapore, we are providing Xero Cloud Accounting Software.
Expede Tech also offers additional HR support such as payroll services Singapore and help our clients to setting up a local company in Singapore. It is important for a company to maintain both accounting and payroll records, hence it is not uncommon to engage in payroll outsourcing in Singapore.
ACCOUNTING & TAX
· Online book-keeping/ Accounting
· Financial Statements Preparation
· XBRL Reporting
· GST Computation & Submission
· Dormant Company Accounting
· Tax Computation / Filing
· Online Accounting System (XERO and Quickbooks)
Accounting | Bookkeeping Services in Singapore
To help your company submit your annual audited financial statements to ACRA and IRAS, Expede's experienced accountants will do proper accounts management. Their proper bookkeeping will facilitate day-to-day account maintenance and drafting of financial statements as well as providing insight about the actual financial condition of your company. At Expede, an appointed accountant will work close to you to help with the accounts, reports, and related issues.
Compilation Financial Statements and Reports Services in Singapore
All companies in Singapore, except exempt private companies and dormant companies, are required to file audited reports to ACRA. The companies must appoint an auditor within 3 months of incorporation. The auditor will audit your accounts before every annual submission.
XBRL Financial Report Services in Singapore
As per 1 November 2007, ACRA requires incorporated companies in Singapore to file their financial statements in XBRL. XBRL is eXtensible Business Reporting Language, a special computer language used to present financial statements based on online records or transfers. The records can be transferred directly to auditors, financial analysts, and regulators for many purposes. XBRL provides value-added financial information, improved transparency, reliability, and timely dissemination of relevant financial information.
Dormant Company Package Fee in Singapore
We understand that sometimes business is at its low, you may consider to slow down the business. However, you still want to sustain the company at low cost so that you can recommence the business easily when you are ready. As a leading corporate services provider, Expede Tech Pte Ltd always wanted to help SME in Singapore by providing our customers efficient and effective services at economical prices.
GST Registration and Filing
Expede offers both GST Registration Service and GST Book-keeping/Computation and Submission Service. We advise you on your optimal GST filing cycle, and will perform necessary quarterly GST filing as per statutory requirement. We ensures that you will have peace of mind to know that you will not miss your deadlines* on filing your GST returns.
*Important If the GST returns is not submitted by due date (i.e. 1 month after the end of the prescribed accounting period), a penalty of $200 for each month that you continue not to submit the return will be imposed, up to a sum of $10,000. If payment is not made by due date, a PENALTY of 5% of the unpaid tax will be levied. If Payment is still not made after 60 days, an ADDITIONAL PENALTY of 2% of the tax unpaid will be added from the first day after the due date. It will be added for each completed month, subject to the maximum of 50% of the tax unpaid.
Our Tax Services would include:
Preparation of the tax computation to calculate the tax liability of company
Filing the Form C for the company’s approval.
Submission the tax returns to IRAS (Inland Revenue Authority of Singapore).
Assisting your company to verify the Notice of Assessment upon receipt of the Notice of Assessment (issued by the Comptroller of Income Tax). If the Notice of Assessment is excessive, we will assist you to lodge a Notice of Objection with the Comptroller of Income Tax on your company’s behalf. Subsequently we will attend to the queries raised by the Comptroller of Income Tax on the company’s transactions on you or your company’s behalf.
Submission of Estimated Chargeable Income (“ECI”) within 3 months from financial year end.
Should you have further enquiries/ require a quotation, email us now!