ReleaseWire

ACE Financial Accounting Offers Professional Bookkeeping Services in Singapore

Posted: Monday, November 26, 2018 at 7:15 PM CST

Singapore -- (SBWire) -- 11/26/2018 --ACE Financial Accounting is an accountancy company in Singapore and Malaysia. They offer a full range of accounting, corporate secretarial, tax, and payroll services for businesses and their services provided are entirely designed to customer's requirement and proven to add value and help their business to grow. They work closely with their customers to minimize overhead cost and to maximize profit. No matter how complex the business is, they have to deliver the answers needed to move forward. They give expert advice and support based on their economic expertise, as well as communicating facts to their clients.

Speaking about professional bookkeeping services in Singapore, the CEO said, "We aim to assist all the new start-up firms to lower their operating costs, and we assure you that having your Company accounts stay on the right track will be the last thing that you will have to worry about. Our accountant can compile your accounting records for submission to ACRA and IRAS. We specialize in maintaining a timely accounting for record keeping and regulatory requirement."

All firms registered in Singapore must keep a proper chart of accounts as articulated by the Singapore Companies Act. Good bookkeeping service not only facilitates day-to-day account maintenance and drafting of financial statements for the submission of annual returns but also offers insight into sound business decision-making as well as financial management.

Explaining the process of company formation in Singapore, the CEO said, "Whether you are planning to start an online business, or run a business from your home; as long as it is an activity that is carried out on a continuous basis to make a profit, you need to register your business. Before registering your business in Singapore, you should first find out about the different businesses structures, and choose one that meets your need. There are five types of businesses: Sole-proprietorship is a business owned by one person, partnership is a business with between two and 20 partners and, a limited liability partnership refers to a partnership where the liability of each partner is generally limited. A limited partnership is a partnership with at least two partners; one a general partner & the other a limited partner. A company is a legal entity separate & distinct from its directors & shareholders and must have at least one director & shareholder."

They also provide comprehensive company secretary services in Singapore to private companies to help them in complying with local regulations at a very affordable cost. The Company Secretary is the person appointed to ensure the company maintains compliance with the many statutory requirements. This includes preparing statutory registers and returns, board resolutions, directors' reports, and minutes of the general meeting. This includes preparing and ling statutory registers and returns, directors' reports, board resolutions, minutes of the general meeting. The company secretary must be appointed within six months of setting up the firm.

About ACE Financial Accounting
They have experience in helping organizations not only for the business that was incorporated in Singapore but also across the border. They bring the experience gained from working on the small and medium-sized companies. They also offer independent advice based on established research methods, and their experts have in-depth industry knowledge.

Contact Details
Company : ACE Financial Accounting
Address: 3 Philip Street, #19-01, Singapore 048693
Phone: +65 6969 2085 M +65 9098 5522
Email: info@acenancial.com.sg
Website:  https://www.acefinancial.com.sg