At WAN Consultants, we leverage our 40 years of experience to provide small and medium enterprises (SMEs) in Singapore with quality outsourced accounting services and reliable tax advice. Our team of Chartered Accountants and IRAS Accredited GST Advisors provide a full line-up of corporate services, including yearly and quarterly accounting, GST submissions, unaudited and audited financial statements preparation, tax computations, and ACRA filing services for small businesses in Singapore.
As an accounting services provider, we also offer incorporation, conversion to a private limited company, GST registration, Work Permit, S Pass and EP applications and renewals, Auto-Inclusion Scheme submissions, MOM OED surveys, and application of trademarks and licence services.
Our utmost priorities are to keep your business compliant with The Companies’ Act, Singapore Financial Reporting Standards for Small Entities, CPF, GST and corporate tax laws and meet your Annual Returns and Tax Returns deadlines.
By partnering with a reliable firm like ours, you can ensure compliance with complex regulations, reduce overhead costs and focus on your core business activities. Plus, our expertise and tailored services provide peace of mind, allowing you to navigate the financial landscape with confidence and efficiency.
Our Professional Accounting Services
At WAN Consultants, we understand the unique challenges faced by small and medium businesses. As such, we’ve designed our accounting services to provide reliable support and expert guidance, allowing your company to comply with the stringent regulations and laws in Singapore.
Choose Wan Consultants for the following:
Yearly and Quarterly Accounting
We offer comprehensive yearly and quarterly accounting consultancy services tailored to meet the specific needs of SMEs in Singapore. Our meticulous approach ensures that your financial records are accurate and up-to-date, helping you make informed business decisions and maintain compliance with government requirements.
GST Submissions
Navigating the complexities of Goods and Services Tax (GST) can be challenging for small businesses. Our team of IRAS Accredited GST Advisors will provide expert guidance to GST-registered companies and efficient GST filing services. Our accountants never miss a deadline for GST return submission.
Unaudited and Audited Financial Statements Preparation
Whether you need unaudited or audited financial statements, our accounting consultancy services have you covered. Our experienced accountants prepare precise and compliant financial statements that reflect your company’s financial health. These statements provide stakeholders, investors, regulatory bodies and with a clear picture of your business performance.
Tax Computations
Accurate tax computations for SMEs are essential for minimising liabilities and avoiding legal issues. Our accounting firm will handle all aspects of corporate tax planning and compliance for you, and cover advice on tax savings, strategic withdrawals of dividends, and optimal recognition of director fees. Plus, our tax services in Singapore ensure that your returns are filed correctly and on time, allowing you to maximise benefits and adhere to relevant laws.
ACRA Filing Services for SMEs
Staying compliant with the Accounting and Corporate Regulatory Authority (ACRA) requirements is vital for small and medium businesses. We offer comprehensive ACRA filing services for SMEs, including annual return filings, updating of company information and Registers of Registrable Controllers and Nominee Directors and Shareholders. When you work with us, you can ensure that your business remains in good standing with ACRA, preventing any potential legal complications.
ACRA Filing Services for SMEs
Staying compliant with the Accounting and Corporate Regulatory Authority (ACRA) requirements is vital for small and medium businesses. We offer comprehensive ACRA filing services for SMEs, including annual return filings, updating of company information and Registers of Registrable Controllers and Nominee Directors and Shareholders. When you work with us, you can ensure that your business remains in good standing with ACRA, preventing any potential legal complications.
Accounting Services Full Compliance Pricing 全合规呈报配套
Check out our full compliance accounting service packages, designed to cater to SMEs of all sizes:
Annual turnover (SGD) 年营业额 Promotional Price (SGD) Dormant 年营业额零 298 1 ~ 50,000 年营业额少于五万 698 50,001 ~ 100,000 年营业额少于十万 998 100,001 ~ 200,000 年营业额少于二十万 1,298 200,001 ~ 300,000 年营业额少于三十万 1,698 300,001 ~ 400,000 年营业额少于四十万 1,998 400,001 ~ 500,000 年营业额少于五十万 2,198 Above 500,000 年营业额多于五十万 Contact Us for a Quote
Full Compliance Package Includes:
- Full Set Financial Statements – Income Statement, Balance Sheet and General Ledger 全套帐目
- Bank Reconciliation 银行对账
- Fixed Asset Schedule 资产表
- Unaudited Report 未审核计报告
- Annual Return 呈报董事常年会议
- Annual General Meeting 股东会议
- Submission of Income Tax Return 公司报税
- Notes to Financial Statements
Special Promotion and Other Services
Our accounting firm has a promotion with a 50% discount on the price of our secretarial fees for the first 3 years to support new start-up SMEs in Singapore.
Promotional Secretarial Fee (SGD) 秘书服务 1 Year Plan 2 Years Plan 300 600 Other services 其他服务 SGD Appoint Corporate Secretary 委任公司秘书 63 Register of Registrable Controller + AML/ CFT 公司控制权宣誓 35 per director/shareholder
Why Choose Wan Consultants for Accounting Services?
With 40 years of experience and a team of 30 dedicated professionals, Wan Consultants offers unparalleled expertise and personalised accounting services to SMEs in Singapore. To build strong relationships with our clients, we assign each client a dedicated Manager and Customer Relationship Officer. Additionally, our professionals are readily available to discuss tax matters and other business concerns via phone, WhatsApp or in-person meetings at our office.
We also offer a comprehensive Compliance Package that covers all essential services in a single fee, simplifying your business operations and ensuring full regulatory compliance. We also base our fees on Annual Turnover rather than the number of transactions.
Hear What Our Clients Say
Our diverse clientele includes F&B outlets and restaurants, enrichment centres, renovation contractors, commission agents, manufacturers, cleaning companies, hair and beauty salons, wholesale and retail traders, construction main and sub-contractors, transport & freight forwarding, investment holding companies etc.
Read what our clients have to say about our accounting services:
Certifications
As a leading SME accounting firm in Singapore, we are proud to hold the following certifications, ensuring the highest standards of service and expertise:
Accreditations
Our commitment to providing excellent accounting services and adherence to industry standards are represented by our accreditations:
Understanding Financial Statements and Audit Requirements
In accordance with the Companies Act, directors of business entities in Singapore have to be the ones that are responsible for presenting the financial statements before the Annual General Meeting. What’s more, these documents must be prepared according to the Financial Reporting Standards which were the Accounting Standards established and implemented by the Accounting Standards Council. As such, directors in Singapore are strongly encouraged to look for professional services for the preparation of the company’s annual financial statements. On the other hand, an audit report is only required if the company has: More than 50 employees Assets more than $10 million Annual revenue of more than $10 Million A special request for an audit by the Building Construction Authority, Singapore Tourism Board, Banks or other creditors Gross Turnover Audits (GTOs) Audits for charities, associations and societies If your business doesn’t meet the aforementioned criteria, you are exempt from audit requirements and are not required to have your accounts audited. Instead, you’ll need to prepare an unaudited compilation of reports for purposes of AGMs and filing with ACRA/IRAS. This is where an SME accounting firm in Singapore comes in. We’ll ensure that your financial statements are accurately prepared and compliant with all regulatory standards.
Contact Us for Accounting and Tax Consultancy Services
When you choose us, we’ll provide your business with its own dedicated qualified manager who is a locally-trained, bilingual Chartered Accountant with more than 10 years of experience in SME accounting and tax. The dedicated manager will explain our accounting process, and provide advice on corporate tax and GST treatment. Outsource your accounting needs to an experienced Wan-stop accounting consultancy firm that you can trust today. Wan Consultants is your go-to company for your tax-related needs in Singapore. In addition to accounting and tax consultancy, we offer business registration services and company secretary services in Singapore. If you are looking to learn more about our services and price, reach out to us today and our team will contact you at your earliest convenience. Alternatively, head over to our frequently asked questions page and have your queries answered.
Frequently Asked Questions About Accounting Services
How do your advanced accounting services support small businesses in Singapore?
Our advanced accounting services support small businesses in Singapore by providing tailored solutions that streamline financial management. We handle everything from bookkeeping and payroll to tax compliance and financial reporting, allowing business owners to focus on growth. Plus, our expertise ensures accuracy, efficiency, and compliance with local regulations.
How does Wan Consultants stay updated with the latest regulatory changes and accounting standards in Singapore?
Our firm stays updated with the latest regulatory changes and accounting standards for SMEs in Singapore through continuous professional development and active participation in industry seminars and workshops. Our team regularly reviews updates from regulatory bodies such as ACRA and IRAS to ensure our practices remain compliant and current.
How do your accounting solutions cater to the diverse needs of SMEs in Singapore?
Our accounting solutions cater to the diverse needs of SMEs in Singapore by offering customisable services that align with each business's unique requirements. From startups to established enterprises, we provide scalable accounting support, including tax planning, financial statement preparation, and compliance services.