Here in Numbers Management, we don’t just ensure your compliance with statutory submission, we also believe in growing our clients and growing together with our clients.
We offer advice and attend to the set up of local limited company.
We act on behalf of our clients to apply for the company name, prepare and execute the incorporation documents and lodge the relevant documents with the Accounting and Corporate Regulatory Authority.
We also provide a company kit, comprising a minutes book, statutory registers and common seal.
We advise registered local companies on best corporate secretarial practice and corporate governance.
We also look after and maintain statutory registers and records, prepare minutes and resolutions, and file statutory returns in compliance with the Companies Act.
We can also offer assistance with changes in directors, secretaries or auditors, changes in corporate name, allotments of new shares, transfer of shares, etc.
We also provide XBRL conversion services.
We provide accounting services using cloud accounting software Xero, our preferred partner. It can be provided on monthly, quarterly and annual basis determined by you.
Our services include preparing and reviewing financial statements and consolidation of accounts, setting up accounts for start-up companies, clearing accounting backlogs and even reconstructing accounts from incomplete records.
For clients who need some admin support, we provide cheque disbursement and cashflow management services as well.
If you prefer us to work out of your office, we do provide onsite accountant. In house accounting software we are expose to includes Accpac, OCI and Zsoft.
If you need to be audited, we do facilitate your annual audits.
Xero is acloud-basedaccounting softwarefor small and medium-sized businesses. It is based on thesoftware as a service(SaaS) model and sold by subscription, based on the type and number of company entities managed by the subscriber.
Xero is used in over 180 different countries.
We process payroll – including payslips and CPF e-submission – for companies on a monthly basis and prepare annual employee remuneration records for submission to the tax authorities. We also help clients to set up their monthly payroll process. Our cloud based software partner is Talenox.
For payroll clients in need of some HR support, we do provide work pass services, be it new application, renewal or cancellation. We will collate all necessary documents, submit them to the Ministry of Manpower (MOM) via WPOL / EPOL.
Unaudited Financial Statement
Section 201 of the Companies Act states the requirements for directors of Singapore incorporated companies to prepare financial statements that comply with Accounting Standards (also commonly known as Financial Reporting Standards). The Companies Act defines “Accounting Standards” as “accounting standards made or formulated by the Accounting Standards Council under Part III of the Accounting Standards Act 2007 (Cap 2B)”. Therefore, Financial Reporting Standards (“FRSs”) issued by the Accounting Standards Council (“AS Council”) have the force of law. This includes Interpretations of Financial Reporting Standards (“INT FRSs”).
Companies may state that their financial statements have been prepared in accordance with FRS only if they have complied with all FRSs and INT FRSs issued by the AS Council that are applicable to them.
The statutory financial statements for companies are filed with ACRA when filing the Annual Returns, together with the Directors’ Report and Statement by Directors. It is important to note that the Directors’ Report and Statement by Directors are not part of the financial statements.
Corporate and Personal Tax
We prepare Singapore tax returns for entities ranging from corporate bodies to professional sole proprietorships and partnerships, as well as for expatriate employees, high-net-worth individuals, trusts and estates.
We also handle negotiations and correspondence with the Inland Revenue Authority of Singapore (IRAS), including enquiries arising from IRAS audits or investigations.
Goods and Services Tax
We advise clients on how to structure their business transactions to manage GST costs and compliance.
Besides preparing and submitting GST returns on behalf of our clients, we help them with GST registration.