Corporate Solutions
Corporate secretarial
Any organisation operating in Singapore and this region faces regulatory and reporting requirements, which vary from country to country. Meeting these obligations can impose a heavy administrative burden and be compounded if operating across regional borders. At Baker Tilly, we are committed to providing professional corporate secretarial services to ensure effective compliance through our associate, Park Crescent Services Pte Ltd. Clients are assured that our core values of integrity and passion driving professionalism extend throughout our network.
How Baker Tilly Can Help
Incorporation of Companies and Other Business Entities
Whether the legal entity to be set up is a local limited company, a branch of a foreign company, limited liability partnership, limited partnership, sole proprietor, representative office, society, or charity, Baker Tilly will offer advice and attend to its registration.
We act on behalf of our clients to apply for the company name, prepare and execute the incorporation documents and lodge the relevant documents with the Accounting and Corporate Regulatory Authority/Registry of Societies/International Enterprise Singapore. We also provide a company kit, comprising a minutes book, statutory registers, and common seal.
Corporate Secretarial Maintenance Services
We advise registered local companies on the best corporate secretarial practice and corporate governance. We also look after and maintain statutory registers and records, prepare minutes and resolutions, and file statutory returns in compliance with the Companies Act. Our staff convene, facilitate and attend directors’ and shareholders’ meetings, and record and prepare the minutes.
We can also offer assistance with memorandum and articles of association alterations, changes in directors, secretaries, or auditors, changes in corporate name, allotments of new shares, transfer of shares, rights and bonus issues, share option schemes, reduction of capital, etc.
Employment Pass Services
We collate all necessary documents, complete the relevant forms and submit them to the Ministry of Manpower (MOM) on behalf of our clients for new applications, renewal, and cancellation of employment passes.
Who needs Corporate Secretarial Services?
- Companies that are incorporated in Singapore, whether local or as a foreign branch office
- Not-for-profit organisations operating in Singapore.
Outsourcing
All business entities and even not-for-profit organisations are required by law to maintain accounts to safeguard the interests of stakeholders and ensure proper discharge of duties by officeholders. Increasingly, organisations of every size are discovering that outsourcing their accounting function is financially viable and improves efficiency. It frees them from the high cost of maintaining an accounting department while ensuring timely information for decision-making and reporting. With accounting outsourced, these organisations do not need to be concerned with staff turnover, career planning, training or absenteeism. They get accounting support and can focus on their operations. TFW Management Services Pte Ltd, an associate of Baker Tilly, specialises in providing a complete range of accounting, payroll and related services to fit any business need.
How Baker Tilly Can Help
Accounting Services
Using sophisticated technology tools, Baker Tilly accounting services include preparing and reviewing financial statements and consolidation of accounts. We help to set up accounts for start-up companies, clearing accounting backlogs and even reconstructing accounts from incomplete records.
Payroll Services
We process payrolls – including CPF contributions – for companies on a monthly basis and prepare annual employee remuneration records for submission to the tax authorities. We also help clients to set up their monthly payroll process.
Goods and Services Tax (GST) Services
Besides preparing and submitting GST returns on behalf of our clients, we help them with GST registration.
Disbursement Services
Our disbursement services include preparation of payment vouchers and initiate payments based on approved payment vouchers via online banking portal for the bank signatories to authorise payments online.
XBRL Conversion Services
​We help clients to prepare their financial statements (“FS”) in the prescribed full XBRL format / FS in Simplified XBRL format/ financial statements highlights in XBRL format to satisfy the filing requirement with ACRA.​
Who needs Accounting Outsourcing Services?
- Essentially, any organisation – start-up companies, businesses large and small and even not-for-profit organisations – that deals with financial transactions and has reporting requirements would benefit from outsourcing services.
