Glass Buildings

OUR SERVICES

 INCORPORATION

COMPANY INCORPORATION

•Name Search and Company Incorporation

•For urgent needs - recently incorporated shelf companies are available.

GLOBAL INCORPORATIONS

Assist in your set up needs outside Singapore

NOMINEE DIRECTORS

Panel of professionals that you can appoint as your resident directors to comply with local statutory requirements.

REGISTERED BUSINESS ADDRESS

Virtual Office Services which includes a registered business address within the prestigious CBD area.

 

BANK ACCOUNTS OPENING

Dedicated Relationship Managers to assist you through the process in opening a corporate bank account in partnership with top Singaporean Banks (offshore services available)

 CORPORATE SECRETARIAL

CORPORATE SECRETARIAL

Provide a company secretary to help you comply with statutory filings and other requirements in the various locations you operate‌‌‌‌.

  • Maintenance of statutory registers

  • Co-ordinating inspection of the company’s statutory registers

  • Administration of Share Transfers

  • Scheduling and coordinating board and shareholder meetings and related paperwork

  • Filing of statutory forms with the registrar

  • Custody and use of the company seal

COMPANY STRIKE OFF

  • Understanding your company’s current financial situation, assets and liabilities

  • Assist with the application for striking off (de-registration) of the company

  • Assist you with the tax clearance with the Inland Revenue Authority of Singapore (IRAS)

 BOOKKEEPING AND 

 MANAGEMENT REPORT

  • Set up the chart of accounts

  • Record all sales, trade debtorspurchases, trade creditorspayments, funds received, all assets purchased, related depreciation and prepayments and accruals

  • Prepare bank reconciliation statements, Accounting Schedules

  • Generate profit and loss account and balance sheet and Extract trial balances and general ledger

  • Generate aged analysis of debtors and creditors 

 

XBRL FILING

  • Preparation of financial statements in XBRL format for ACRA filling

  • XBRL Conversion and XBRL Filing of Financial Statement

  • Facilitation of ACRA filings – 100% ACRA compliant

  • Expertise in ACRA Taxonomy & BizFinx preparation

 WORK PASS

ENTREPRENEUR PASS

  • EntrePass is open to all nationalities. Allows eligible foreigners to start and operate a new business in Singapore. Find out what businesses are eligible, how to apply.

 

EMPLOYMENT PASS

  • The Employment Pass allows foreign professionals, managers and executives to work in Singapore. Candidates need to earn at least $4,500 a month and have acceptable qualifications. Employers must also demonstrate that they have fairly considered all jobseekers.

SKILL PASS

  • Only eligible candidates will be considered for an S Pass. Criteria include a minimum salary of $2,400 and acceptable qualifications

WORK PASS

  • All foreigners who intend to work in Singapore must have a valid pass (commonly known as a work visa) before they start work.

 TAXATION

HR, ADMIN & AML

CORPORATE TAX

  • Keeping you up-to-date with Singapore tax regulations (including Annual Singapore Budget updates) which may affect your company/ branch and compliance requirements

  • Monitoring the statutory tax filing deadlines and working closely with your company/ branch to meet the filing deadlines

  • Preparation and filing of an estimated chargeable income (ECI) which has to be filed within three months from the accounting year end

  • Preparation / reviewing yearly tax provision calculations based on your information and highlight any tax issues identified in the course of our preparation/ review of the information provided

  • Capturing information required for annual tax returns and computations in GL report and BS Schedule

  • Preparation / reviewing the tax return and computation based on your information and highlight any tax issues identified in the course of our preparation/ review of the information provided

  • Submitting the finalised tax return and computation your company/ branch for your signature and agreement before filing with the IRAS

  • Advising on the tax payments due dates upon receipt of the Notice of Assessment

  • Assistance to attend IRAS tax quiries

 

PERSONAL TAX

  • Preparation of income tax returns and tax computations

  • Preparation of returns of employee’s remuneration (Form IR8A) and tax clearance (Form IR21)

  • Application for tax schemes like the Not Ordinarily Resident scheme

  • Application to IRAS for voluntary disclosures of past tax errors / negligence (if applicable)

  • Assistance to attending to queries from IRAS

  • Local personal tax planning and advisory

GOODS and SERVICES TAX (GST)

  • Preparation and lodgment of Application for Goods and Services Tax (GST) application

  • Record all Goods and Services (“GST”) on the taxable purchases/supplies

  • Preparation and filing of quarterly GST returns.

TAX PLANNING

  • Identifying tax incentive opportunities to optimize tax benefits

PAYROLL SERVICES

  • Input information provided to our software to generate salary slips

  • Computing the salary for new joiners and resigned employees based upon the number of working days registered by them

  • Calculation of correct salary, after including all the allowances and deductions

  • Ensure compliance to the laws pertaining to CPF, SDL and other statutory donations

  • Provide detailed payroll reports for management’s review and approval

  • Disbursement of correct salary to the employee via online transfer, cash or cheque

  • Send a hardcopy of pay-slips to client

  • Data back-up

 

  • ADMINISTRATIVE SERVICES

  • Only eligible candidates will be considered for an S Pass. Criteria include a minimum salary of $2,400 and acceptable qualifications

  • AML COMPLIANCE

  • All foreigners who intend to work in Singapore must have a valid pass (commonly known as a work visa) before they start work.