DR Consultancy Services Pte Ltd | Corporate Services / Business Advisory

page-template,page-template-full_width,page-template-full_width-php,page,page-id-397,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-theme-ver-14.2,qode-theme-bridge,disabled_footer_top,wpb-js-composer js-comp-ver-5.4.7,vc_responsive

Corporate Services / Business Advisory

You need to save time and focus on your business. By choosing DRC, you will gain access to personalised tailored solutions for your Singapore company. Our services can scale with your unique needs.

DRC offers corporate services including: Singapore company incorporation, offshore companies formation, tax and accounting services, registered office facilities and corporate solutions to startups, individuals, small and medium-sized enterprises, and multinational companies who want to establish their presence in our city-state.

We are an extensive and integrated secretarial and management consultancy practice lead by a team of company secretaries, accountants, tax consultants, legal trained executives, immigration specialists and Singapore company registration specialists who can help you remain compliant with authorities, as well as avoid unnecessary penalties or losses.

Being well-versed with each client’s business structure, we aim to maximize value to each client by providing timely and enterprising advice on corporate planning and re-structuring.

Financial Consultancy & Services

Setting up a business in Singapore offers challenges. Registering property can be a complicated matter, particularly in relation to payable fees. Businesses looking to start up in Singapore must also register with the Accounting and Corporate Regulatory Authority (ACRA), where a name search can be conducted and filing for the company incorporation and tax number (GST) can be completed.

From process agent services and escrow and secretarial services, DRC is able to offer services that help your business navigate the challenges of a new company set up in Singapore while maintaining compliant. Benefit from our personalised approach and our reputation for getting things done.

Our service offering includes:

Corporate Secretarial Services

Advising on the type of entity and appropriate corporate structure

Maintain company’s shareholders registry and minute books

Arrange for mandatory annual statutory filings with company registries (excluding tax returns)

Prepare minutes and documents for AGM, Board, Committee, EGM meetings

Charting of annual compliance deadlines and updating changes in local legislation and regulations

Prepare and file documents for changing directors, general managers, officers, signatories

Registered address

Prepare and file Powers of Attorney/Proxy

Prepare and file selected documents for auditors

Prepare documents for share-related transactions

Prepare Board and / or shareholders resolutions

Assist with amendments to Articles of Association

Advising on closing down your business

Liquidation and dissolution of entities

Advising on other basic compliance requirements

Nominee Director & Shareholder Services

To facilitate establishing and managing a new legal entity, DRC can provide corporate directors to the holding of clients’ entities in a range of jurisdictions. DRC provides director and shareholder services where necessary. Director services are an integral part of corporate services where a registered office is provided by DRC, with local management enhancing the substance of the entities.

Temporary CFO

Appointing DRC to act as a Temporary CFO for your business, provides all the capabilities of an accounting department at a fraction of the cost of an in-house solution.

Key benefits:

Better understanding of company financials that gives you less surprises and more control

Improved decision-making capabilities

Improved quality and timeliness of financial information

High-quality budget preparation and monitoring

Professional advice on business decisions and business plans

Profitability analysis by service or product line

Tax saving strategies

Trend analysis

Cash management

Assistance in obtaining financing from banks, including assistance with negotiations

Mergers and acquisitions assistance

Development of company accounting procedure manuals

Accounting, Administrative and Payroll Services

Accounting (IFRS), statutory bookkeeping and financial reporting

Preparation of annual financial statements

Assistance with financial audit and internal control

VAT registration and management

Transaction processing including accounts payable, accounts receivable, cost & inventory accounting

Payroll services (including CPF reporting)

Bank account opening services

We can advise clients on where to bank when starting a business, and assist with the opening of the account including internet banking. As the industry becomes increasingly vigilant about bank account openings, the documents needed during the account opening process becomes increasingly complicated. We can guide clients through this process so that they are prepared for the application.

Furthermore we can also assist with opening corporate bank accounts for Singapore companies outside of Singapore as well as for companies outside of Singapore who require a bank account in Singapore.

Throughout the life of a company, DRC can act as the point of contact for banks and manage accounts locally to ensure requests from banks are responded to in a timely manner and nothing is ever missed.

Tax Compliance

Corporate income tax returns

VAT returns

Tax ID application

Other tax compliance

Individual income tax returns

Local Infrastructure

Premium furnished office space

Telephone lines