How do we work?
"When you choose to outsource to Mazars, you can be assured that your accounting requirements in Singapore will be taken care of. You will benefit from a full service offering from statutory accounting and Singapore tax compliance, right through to full business analysis and performance optimisation." - Chris Fuggle, Partner (Head of AOS)
Throughout the accounting outsourcing process, our clients will be consistently dealing with the same team members whilst the entire process will be overseen by a Mazars Partner to ensure quality control measures are met throughout the engagement. The partner assigned to your engagement provides a “hands on approach” to each engagement. Ongoing open communication with your company and management is core to our service and our commitment to keeping you fully informed at all stages of the engagement.
In Singapore, our team offers the following accounting outsourcing services:
REGULAR ACCOUNTING AND TAX COMPLIANCE
Whether you are an international subsidiary or an SME, your compliance with the Singaporean authorities will be of utmost importance to us. You can focus your time on your core activities while we take care of this. Our regular compliance services include:
- Establishing a suitable chart of accounts and workflow systems with your team
- Monthly accounts
- Year-end financial statements in compliance with Singapore Financial Reporting Standards (SFRS)
- First point of contact liaison with your appointed auditors
- XBRL filing
- GST registration
- Ongoing GST compliance
- Withholding Tax returns
- Corporation Tax Compliance
MANAGEMENT ACCOUNTING AND FINANCIAL ADVISORY
If you want us to do more than reporting your current figures for Singaporean statutory purposes, we are able to put them into commercial context, comparing your cash and profitability trends and reporting exceptions. You will be provided with a comprehensive view of your business enabling you to challenge and review your budgets and forecasts and to help you ensure a stable financial foundation from which to grow. If you need a high-level accounting manager but cannot yet justify a full time recruitment, we can provide you with an accounting manager on a flexible, part time basis. Not only will this help you get more from your accounts, but it will help you to develop and motivate your in-house accounting and administration staff.