There are several basic statutory reporting requirements that all companies in Singapore must follow. These requirements can be divided into two categories. The first category comprises of data that needs to be submitted to the Inland Revenue Authority of Singapore (IRAS). The second category is made up of data that needs to be provided to Accounting and Corporate Regulatory Authority (ACRA).
A company needs to maintain efficient reporting system to gain a competitive advantage. Statutory reporting involves the preparation of various reports and data analysis to determine the performance of a company.
Outsourcing Statutory Reporting to an experienced company such as Bluebox will help you with the following:
- Save time involved in preparing extensive reports and analyzing data
- Save resources from being spent on reporting software
- Accurate and improved decision making
- Error-free and timely reporting
How Bluebox Can Help You?
Bluebox has years of experience in Accounting and Financial Statutory Reporting. Our team of experts are dedicated to providing you stability in complicated, and changing scenarios. We can help you prepare records that mirror the financial stability of your organization and stay compliant with the latest Singapore regulations.
What we offer?
- Multiple levels of quality control checks
- Dedicated team of experts
- Real-time tracking, reporting, and documenting reports
- Upgraded tech to generate custom reports
- Cost-effective
Accounts Receivables Management
As the firm’s operations expand, the account receivable-related accounting work that the Singapore company requires becomes the responsibility of a qualified individual.
Collection Services
Every firm relies heavily on cash flow. Getting paid on time is one of the most important aspects of any successful business. Accounts that are past due can take you away from your essential business operations.
Bookkeeping
The Singapore Companies Act mandates that all Singapore-based companies maintain accurate books of accounts. Bookkeeping is essential for day-to-day account maintenance and also for business decision-making and financial management.
