Our expertise

F&B operators face a number of challenges. Some are jurisdiction specific. In Singapore, labour shortages and rental costs are currently hot topics. Globally, intensified competition, strong pressure on margins, commodity price inflation, issues related to global sourcing, reinforcement of brand identity and the implementation of a differentiation strategy while improving the shopping experience and developing a multichannel approach are all provide significant challenge.

The players involved are faced with major structural transformation issues. Mazars understands these issues and has gathered a global team of experts in accounting, finance, taxation and consulting with first hand retail knowledge to help companies handle these challenges.

Our record of delivering value to a wide range of clients, from small operators to the world’s most famous names, is based on deep industry knowledge and advanced technical abilities. Our professionals understand both the strategic and operational needs of our F&B clients to help them address critical factors affecting their business.  

Launching and supporting your F&B operations in Singapore:

We can support you in establishing your F&B operations in Singapore and once the doors are open we can support your operational teams and headquarters with the financial processes, management information, HR, compliance and all other services necessary to facilitate your success in Singapore.

  • Incorporating an entity
  • Bank relationships
  • Immigration support for expatriates work visas for foreign workers
  • Nominee director, company secretarial services and compliance with the Singapore Companies Act
  • GST registration and ongoing GST compliance
  • Point of Sale to bank reconciliation
  • Monthly management accounts on software of your choice or utilising Xero’s cloud based accounting solution
  • End to end workforce management solution covering hiring, rostering, performance management and payroll. We have chosen to work with Roubler to provide you a best in class solution.
  • Year-end financial statements in compliance with Singapore Financial Reporting Standards (SFRS)
  • First point of contact liaison with your appointed auditors
  • XBRL filing
  • Withholding tax returns
  • Corporation tax Compliance

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