Tianlong Services
Tianlong Services, a distinguished accounting firm based in Singapore, was established in 2017 by founders with extensive backgrounds as auditors in the prestigious Big 4 firms in Singapore. Drawing from their wealth of experience, they serve a diverse clientele that ranges from small family businesses to multinational corporations. Tianlong Services offers a comprehensive array of accounting services, including:
- Preparation of Chart of Accounts: Structuring and organizing accounts for systematic financial management.
- Setup of Accounting Systems: Implementation of efficient accounting systems to streamline financial processes.
- Bookkeeping & Data Entry: Accurate and meticulous recording of financial transactions.
- Singapore FRS Compliance: Ensuring compliance with Singapore Financial Reporting Standards (FRS).
- Preparation of Unaudited Financial Statements: Crafting financial statements in accordance with regulatory requirements.
- Preparation of Consolidated Financial Statements: Compiling consolidated financial statements for businesses with multiple entities.
- Monthly Closing & Review: Regular financial review and closing processes for precision and clarity.
- XBRL Reporting: Expertise in generating reports in eXtensible Business Reporting Language (XBRL) format for regulatory submissions.
Accounting
426$
In addition to Bookkeeper, the following features are included: invoicing creation and sending, unpaid invoice follow-up, AR and AP tracking, inventory tracking, bills payment, GST preparation and filing, and monthly cash flow statement.
Advisory
If you want to keep your Singapore business running smoothly without borrowing money or running out completely, focus on good cost and cash flow management. A solid cash flow management system is essential for tracking your income and expenses, whether you're an individual or a business. Managing cash flow is straightforward for individuals with steady income and predictable spending. However, for Singapore companies with multiple revenue streams and cost centers, it can become complex and burdensome in the long run. Nevertheless, it is crucial for all companies to incorporate it into their management system.
Auditing
An Internal Audit function that operates with outdated practices is a potential disaster. To remain valuable to stakeholders and the Audit Committee, which oversees financial reporting, the audit process, internal controls, and compliance with laws, Internal Audit functions must constantly update themselves and stay informed about industry advancements. This is where Audit Liaising becomes essential.
Bookkeeping
213$
Unlimited transactions Daily bookkeeping Daily transactions import Monthly P&L and balance sheet Balance sheet schedules Customized chart of accounts Annual financial statement Xero subscription
Company Registration
In Singapore, certain industries require businesses to obtain licenses before commencing operations. Some new start-ups or foreign-owned companies may be unaware of this requirement. These licenses are necessary as government authorities need to monitor their business activities for various reasons.
Incorporation
As a start-up entrepreneur, it is crucial to set up your chosen corporate entity correctly and promptly. Seeking incorporation services is essential to safeguard yourself from business liabilities. Options for registration include a private limited company, limited liability partnership, general partnership, sole proprietorship, or branch office. In Singapore, the most common and popular business form is a private limited company.
Payroll
Singapore companies must pay employee salaries promptly and submit deductions to CPF on time. Payroll processing includes calculating basic wages, overtime, and bonuses. Tianlong Services Pte. Ltd offers payroll services to companies of all sizes in Singapore, guaranteeing professionalism, confidentiality, and timely delivery. Our experts provide cost-effective outsourcing and accurate payroll services.
Secretary
Third-party companies offer corporate secretary services to assist businesses with their daily operational requirements.
Tax
At Tianlong Services, our corporate tax computation software is designed with systematic approaches, eliminating the need for high-level staff to perform tax calculations. By utilizing standard formats and formulas, we enable your tax personnel to work smarter and more efficiently, leading to increased productivity, cost savings, and improved profits for your business.