We are a group of professionals providing the following accounting services to assist Businesses at a reasonable fee. Why Choose EAS?
Scope of our Value-Added Services:
- Full XBRL Conversion under BizFinx
With effect from 3 March 2014, Companies will file their financial statements in XBRL in accordance with the revised XBRL filing requirements. With the new online filing system, which could be both cumbersome and time-consuming, we, EAS could assist Businesses to convert the Financial Statement to XBRL format for the annual
return to Accounting and Corporate Regulatory Authority ("ACRA"). With our help, we will ensure that your financial information will be handled responsibly, filed accuracy and timely to provide a peace of mind while you could concentrate on your day-to-day operations.
- Productivity and Innovation Credit ("PIC") Cash Payout
Eligible businesses can apply to convert up to S$100,000 of their total expenditure for each Year of Assessment in all the six qualifying activities into a non-taxable cash payout. The cash payout rate is at 60% of the expenditure incurred. The cash payout option is to support small and growing businesses which may be cash-constrained to innovate and improve productivity. We, EAS, could assist Businesses to apply for PIC Cash Payout and prepare the online filing via Inland Revenue Authority of Singapore ("IRAS") website. With our help, we will determine if your expenditures are eligible to apply for cash payout to avoid any possibility of submission being rejected by IRAS.
- Compilation of Unaudited Financial Statement
Under Section 197 of the Companies Act, an annual return must be filed with ACRA for all locally-incorporated companies. Based on this statement, the Companies will be able to lodge and file their yearly tax returns to IRAS. What are the advantages of outsourcing? As directors are responsible for the correct representation and accuracy of the information filed, it is often something that they or the business owner works on personally. However, the filing process can be time-consuming and daunting, taking up valuable time that could have been spent on core business functions. Outsourcing the filing to a professional accounting services firm gives directors and business owners peace of mind, knowing that their company’s compliance needs are in good hands. Outsourcing helps eliminate the hassle of figuring out how to use the online filing system, selecting the required information for disclosure, entering the information manually, and reviewing the financial statements. We, EAS believe that our services could aid Businesses to cut costs and at the same times, provide you with the statement that is compliance to the Singapore Financial Reporting Standards. For more information, you could email us at [email protected] and we will arrange to call you for further discussion. Thank you
