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Singapore Company Incorporation and Auditing Services Guide for Small Business Owners Published by SBS Consulting

2014-10-08 11:26 4993

SINGAPORE, Oct. 8, 2014 /PRNewswire/ -- SBS Consulting announced a helpful guide to its Singapore company incorporation, company secretary and auditing services in Singapore. This reputed firm also offers other corporate services like, payroll processing, bookkeeping, accounting, auditing, taxation, GST , XBRL filing and immigration visas and passes.

"SBS Consulting offers its efficient Singapore company incorporation services to local as well as foreign entrepreneurs. At only S$699, our clients find it economical to set up a company in Singapore. We offer 40% of first-year discount on our corporate secretarial services," said Mrs. Meena, the business head of SBS Consulting.

She added that, "For existing business companies, it is important to maintain a healthy profile. For them, we offer bookkeeping, accounting, and comprehensive Singapore audit services."

"We start providing assistance for incorporation of a company in Singapore by suggesting a suitable business structure for our client's business needs. The purpose is to avoid any costly future changes in company structure. Selected business structure must allow client's business to scale and expand," quoted an accountant in SBS Consulting.

Singapore company incorporation firms assign an executive to complete the process. This individual handles incorporation related queries and stays in touch with the client until the job is completed. Incorporation of a company in Singapore takes only 1-3 days and SBS Consulting could complete the whole process in two hours.

"With signed incorporation documents, SBS Consulting can initiate the process of incorporation. The client needs to satisfy incorporation requirements: the approved name for the proposed company, minimum paid-up capital of S$1, a registered address of its office, a local director, a company secretary, and a shareholder," commented a veteran in SBS Consulting.

From time-to-time, every Singapore company must hire a competent audit firm in Singapore to conduct its audit if it is statutory requirement by law for that company. It helps the management to know the level of the organization's effectiveness. The purpose of an internal and external audit is to determine the financial competitiveness of the client's organization. It can detect frauds and financial irregularities. It is a potent tool for suggesting new internal controls.

"SBS Consulting conducts statutory and non-statutory audits for its clients. Based on the observed facts and documents, we determine whether the client's business is complying with the established procedures, applicable documents, and overall effectiveness of the implementation. We assist our clients in improving internal controls over financial reporting, processes, procedures, and methods," informed an experienced auditor in SBS Consulting.

He also added, "SBS Consulting employs experienced and certified auditors and accountants who produce accurate and useful audit reports. They stay with the clients until the follow-up audits are complete.

A new Singapore company must appoint a company secretary, to take care of its statutory records and legal issues. It must happen within the 6 months from the date of its incorporation. The appointed professional, needs to be a permanent resident of Singapore. In addition, the professional needs to be above 18 years of age.

"SBS Consulting provides full-scale corporate secretarial services. It is helpful for the foreigners. As a company secretary, SBS appointed professional shoulders the responsibility of client's legal compliance. Our company secretarial service, at S$499, is cost-competitive. At present, we are offering a discount of 40% to celebrate our association with the new clients," announced the business head of SBS Consulting.

About SBS Consulting:

SBS Consulting Pte Ltd, launched in 2010, is a firm that provides Singapore company incorporation services. Its corporate services are comprehensive and scales efficiently for the Small and Medium Enterprises as well as for the multinationals. SBS has its loyal followers in the Singapore business community.

Contact:

Ms. Meena,
SBS Consulting Pte Ltd
35-B Hongkong Street,
Singapore - 059674
Tel: +65-6536-0036
Email: info@sbsgroup.com.sg
Website: http://www.sbsgroup.com.sg/

Source: SBS Consulting Pte Ltd
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