Our
Services
Corporate Secretarial
Services.
- Assisting with the registration of legal entities to do business in Singapore, Hong Kong, Vietnam, France and Malaysia;
- Annual statutory and regulatory compliance;
- Provision of nominee company secretaries, directors, shareholders, manager and agent;
- Proper maintenance of statutory registers and records;
- Effective reporting to certain statutory authorities of any alterations to corporate structures;
- Advising best practices and procedures for companies;
- Assisting companies to develop proper procedures for corporate governance;
- Facilitating corporate meetings of the companies;
- Assisting in the deregistration of businesses and companies (including striking off from the register of businesses and companies); and
- Advising on procedures for the termination of businesses and companies (including liquidation of companies and/or their respective branches).
Accounting and Financial Reporting Services.
- Maintaining accounting records including cash books, general ledgers, fixed asset registers, accounts receivable and payable sub-ledgers;
- Preparing periodic management accounts, cash flow statements and budgets for management purposes;
- Liaising with the company’s auditors during audits of the company’s financial records;
- Treasury and payment processing;
- Preparing annual statutory financial statements;
- Implementing an accounting system, including setting up a chart of accounts appropriate for your reporting requirements;
- Drafting accounting policies and procedures for your own accounting department;
- Seconding qualified professional accountants and managers to your company on a temporary or part-time basis;
- Reviewing accounts to ensure appropriateness and accuracy; and
- Providing training for in-house accountants.
Taxation
Services.
- Corporate, Partnership and Personal income tax compliance and consulting; and
- Goods and Services Tax consulting.
Payroll
Services.
- Administering the confidential payroll process, including calculating and crediting remuneration to individual employee’s bank accounts;
- Ensuring staff are paid on time and provided with pay slips;
- Setting up a statutory provident fund scheme and managing the various ongoing requirements;
- Preparing provident fund contribution statements and processing payments to the provident fund trustees;
- Liaising between the company, the provident fund trustee and individual employees;
- Completing tax returns on behalf of employers for reporting to local tax authorities, including filings for new employee commencements, terminations and the annual reporting of remunerations and pensions;
- Preparing customised payroll reports;
- Reviewing rental reimbursement claims to ensure compliance with company policies and tax requirements; and
- Managing medical and dental programmes by tracking entitlements, claims and expenses.
Notarisation and Legalisation Services.
- Arranging and getting documents to be notarised by notary public and legalised by embassies in Singapore with stipulate timeline
Trust Services.
(Hong Kong office only)
Family Trust
A family trust is established by a settlor who transfers ownership of their property to a trustee, as outlined in a trust deed. The trustee oversees the management of the trust's assets and disburses them to specified beneficiaries under predetermined conditions. This versatile financial tool, facilitated by a standard contract and a personalized letter of wishes, assists clients in achieving various financial objectives, such as asset protection, investment and wealth management, estate planning, and retirement planning.
The initial assets that can be included in a family trust encompass a wide range:
- Liquid assets (such as cash, securities, and fund units)
- Fixed assets (including land, properties, operating businesses, artwork, antiques, and collectibles)
- Contracts and agreements (including insurance policies, private contracts, and commercial agreements)
- Intangible assets (such as copyrights, patents, and trademarks)
Trust Insurance
Clients can safeguard the interests of future generations or heirs by acquiring insurance policies within the framework of a family trust, enhancing wealth planning and inheritance strategies.
Once the client's family trust application and particulars are confirmed, the trust company will proceed to initiate the acquisition of relevant insurance policies. This involves representing the trust's value to apply for the desired insurance policy through a designated insurance brokerage firm. Working in tandem, the insurance broker aids the trust company in assessing the client's financial planning requirements, thereby recommending insurance products best suited to the client's needs.
Private Trust Company (PTC)
In recent times, Private Trust Companies (PTCs) have emerged as a favored wealth management solution for clients, known as settlors. Functioning akin to standard private limited companies, PTCs are established and registered based on their articles of association. Oversight of the company is vested in a board of directors, tasked with managing the trusts within its purview. Settlors handpick all members of the board, affording them the ability to steer trust assets according to their preferences. This arrangement facilitates enhanced privacy, as settlors, along with their family members and trusted third parties familiar with the family (agents), can collectively oversee trust management.