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Global	English	\|	한국어
Hong Kong	English	\|	繁體中文
Singapore	English	\|	简体中文
Taiwan	English	\|	繁體中文
Vietnam	English	\|	简体中文
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Korea	English	\|	简体中文
UAE	English	\|	简体中文
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Bookkeeping and Accounting
Services in Singapore

With a wealth of experience in accounting and a deep understanding of Singapore’s tax regulations, our company delivers comprehensive and professional services in accounting, auditing, bookkeeping, and taxation to our clients.

In Singapore, ensuring tax compliance through meticulous bookkeeping is of utmost importance. It falls under the responsibility of the company director to maintain accurate accounting records.

By entrusting your accounting needs to an experienced service provider, your business can effectively reduce its operational costs and enjoy the assurance that qualified professionals are managing your essential financial records. This commitment to maintaining proper documentation aligns seamlessly with government requirements.

At Premia TNC, we offer a wide range of services that extend beyond basic accounting in Singapore.

Perks of outsourcing Accounting and Bookkeeping services in Singapore

Overhead cost savings:
Cost reduction through lowered overheads.
Enhanced focus on core profit centers:
Uninterrupted concentration on core business profit centers.
Efficient resource utilization:
Avoidance of time and expenses associated with recruitment, along with mitigation of the risk of unqualified staff.
Improved financial accountability:
Elevated financial accountability and access to professional guidance.
Heightened control and fraud prevention:
Increased control and reduced fraud risk when managed by a third-party provider instead of in-house staff.
Confidential financial data protection:
Maintenance of financial data confidentiality, particularly sensitive payroll information.

Providing services in Bookkeeping, Accounting, Taxation, and Financial Statement Auditing

Risk-centric audit:

Our audit methodology is driven by an emphasis on business drivers, evaluating associated risks, and their potential impact on financial statements.

Enhancing efficiency:

Premia TNC aids in pinpointing areas for enhancement within your internal control framework, providing guidance on optimizing your operational processes.

Reliable and reputed:

Premia TNC bolsters the credibility of your company’s financial statements, ensuring compliance with statutory requirements in Singapore and facilitating comprehensive group consolidation reporting to your headquarters.

Additional assurance services:

Upon request, Premia TNC is equipped to conduct independent verifications of both financial and non-financial data, equipping you with trustworthy information for informed decision-making.

Drive your business growth forward with Premia TNC

Premia TNC offers an array of accounting and compliance services, enabling businesses to prioritize the expansion of their core operations.

Discover how Premia TNC can assist you with your Accounting and Auditing needs right here.

Aspiring goals demand time

Businesses are tasked with achieving critical objectives and reaching significant milestones. Ideally, companies should allocate the majority of their time and resources to their core business activities in order to attain these objectives, rather than being held back by non-core tasks such as accounting and compliance.

Navigating uncertain terrain can hamper progress

The contemporary business environment is characterized by uncertainty, intricate prerequisites, and regulatory complexities. The VUCA (volatility, uncertainty, complexity, and ambiguity) world has introduced numerous blind spots in strategic planning, roadmaps, and expansion efforts, hindering business advancement. Businesses require reliable guidance from seasoned experts they can depend on to make informed and confident decisions.

Ambitious goals demand diligence

Intricate responsibilities like compliance filings demand meticulous attention to detail to ensure that businesses operate in accordance with the law and maintain efficient operations. However, these tasks can be time-consuming, frustrating, and perplexing to the untrained eye.

Premia TNC (Singapore) PAC is a chartered accounting and professional services firm that offers a comprehensive suite of accounting and compliance services, allowing businesses to focus more effectively on nurturing their core operations.

With the assistance of Premia TNC's services, you can:

Prioritizing the output for your customer:

Enhance your ability to concentrate on delivering value to your customers, ultimately boosting client retention.

Prioritizing what you offer:

Devote your efforts to refining your products or services, enhancing their performance, effectiveness, or distinctiveness.

Prioritizing growth:

Wholeheartedly direct your attention to vital business growth factors like marketing, sales, or business development.

Harness Premia TNC's expertise for your business triumph

Beyond traditional accounting:

We are forward-thinking business collaborators, consistently uncovering the perfect solutions for your business hurdles.

Adapt with agility:

Irrespective of your business’s scale, we offer customized solutions. Premia TNC’s extensive services are designed to align with your distinct business standing.

Nationwide connectivity:

Leverage Premia TNC’s extensive network to address and overcome intricate challenges within the constantly evolving financial realm.

Frequently Asked Questions about Bookkeeping and Accounting Services in Singapore

Is outsourcing accounting in Singapore necessary?

No, you have the option to handle your accounting internally. Nonetheless, managing bookkeeping in-house can be a time-consuming and expensive endeavor, and incorrect procedures may expose you to the risk of non-compliance with tax regulations and laws. Additionally, by opting for outsourcing accounting services, you can potentially save up to 40% in expenses compared to employing a dedicated staff member for this role. This savings includes avoiding costs related to training, software, and other overheads.

Is it necessary to engage both secretarial and accounting services from the same firm in Singapore?

No, it is not mandatory to source both accounting and secretarial services from a single firm; however, it is often considered a favorable approach for effective business management. Opting for a unified service provider for both functions can enhance your company’s efficiency by consolidating all your paperwork-related requirements in one place. By doing so, you ensure that crucial government correspondence, assuming our registered office address service is utilized, is received and managed by the same firm. This streamlined approach enables them to offer guidance on the best actions to take when dealing with important documents, including but not limited to the Business Registration Renewal Demand Note and tax-related notifications pertaining to income tax returns.

What is the cost of acquiring bookkeeping services in Singapore?

The cost of bookkeeping services in Singapore is contingent upon factors such as the business’s scale and the precise services required. For detailed information regarding our pricing, kindly get in touch with us.

Premia TNC has the optimal solutions for all your business needs.

Get in touch today for a FREE consultation.
No hidden costs, no obligations.

Feel free to drop us an email too!
[email protected]