Business Management Services in Singapore, for Incorporation and Compliance

Outsourcing corporate secretarial services ensures compliance with Singapore’s regulatory requirements while freeing up your time to focus on business operations. Professional corporate secretaries stay current with regulatory changes, manage statutory deadlines, and handle all required filings with ACRA.

A company secretary must be a resident of Singapore and of legal age. They should be qualified members of professional bodies such as the Institute of Singapore Chartered Accountants or the Chartered Secretaries Institute of Singapore.

To change your company secretary:

1. Appoint a new qualified company secretary.
2. File the change with ACRA.
3. Update statutory records, including the Register of Officers.
4. Notify stakeholders, such as shareholders or regulatory bodies, if required.

Engaging professional secretarial services ensures this process is completed efficiently and in compliance with Singapore law.

Accurate accounting is vital for two main reasons:

• Compliance: It ensures you meet government requirements for tax reporting, avoiding penalties.
• Business Planning: Reliable financial data helps you make informed decisions and evaluate your business performance effectively.

Poor accounting can result in significant fines, incorrect tax payments, and business decisions based on inaccurate information.

Singapore follows the Singapore Financial Reporting Standards (SFRS), which are based on the International Financial Reporting Standards (IFRS). These system uses accrual-based accounting, meaning transactions are recorded when they occur, not when payments are made. All accounting services in Singapore must comply with these standards.

Yes, transitioning from another accounting firm is straightforward. At Vivos, we make the process smother by coordinating directly with your previous provider to transfer your records, ensuring a smooth transition without disruptions to your business operations.

At VIVOS we provide expert guidance on loan options, credit facilities, and trade financing. Our team evaluates your business needs and connects you with financial institutions offering competitive terms.

Risk management is a key part of financial advisory services. Advisors assess your risk tolerance, identify potential risks to your business or investments, and develop strategies to minimize those risks while working toward your financial objectives.

Financial planning takes a broad view of your entire financial situation, covering areas like budgeting, goal-setting, and long-term strategy. Investment management, on the other hand, focuses specifically on creating and managing an investment portfolio to help achieve those financial goals.

To apply for an EP for yourself or a potential employee, you’ll need to submit the following in PDF format along with the EP application form:

• A copy of the applicant’s passport.
• The company’s latest business profile registered with the Accounting and Corporate Regulatory Authority (ACRA).
• Certified translations of educational certificates (e.g., diploma, degree).

No. The Ministry of Manpower (MOM) only grants EPs for business operations under a Private Limited Company structure, not for sole proprietorships. You must incorporate a Private Limited Company to be eligible for an Employment Pass as a business owner.

There is no fixed quota for Employment Pass holders. However, companies with a high proportion of foreign professionals or concentrated nationality profiles may be placed on the Fair Consideration Framework (FCF) watchlist. These companies face additional scrutiny and potentially longer application processing times.

Yes, Employment Pass holder holders are eligible to apply for PR through the Immigration and Checkpoints Authority (ICA). Applications are assessed based on factors such as economic contributions, family ties to Singaporeans, qualifications, age, length of residency, and the applicant’s ability to integrate into society and commit to Singapore.