Outsourcing has become a popular strategy for businesses seeking to streamline operations and enhance efficiency. In major financial cities like Singapore, Hong Kong and Kuala Lumpur, that are thriving hubs for business and finance, outsourced accounting services have gained traction among companies aiming to optimise their financial management processes. 

Secure your bottom line as we delve into the pros and cons of outsourcing accounting services.

Pros of Outsourced Accounting Services

• Cost Savings

One of the primary benefits of outsourced accounting services is cost savings. By outsourcing, businesses can avoid the expenses associated with hiring and training in-house accounting staff. Additionally, outsourcing allows companies to pay only for the services they need, transforming fixed costs into variable costs.

• Expertise and Specialisation

With an in-house accounts team, every batch of accounts may fall into the trap of following the same rules and bookkeeping techniques. Best practices shift with the advancement of technology and tools but your business might lag behind. Outsourced accounting firms often comprise professionals with diverse expertise in financial management. These specialists stay abreast of the latest regulatory changes and industry best practices. Engaging with a specialised team ensures that businesses benefit from accurate and up-to-date financial insights, contributing to better decision-making. 

• Focus on Core Competencies

Outsourcing accounting tasks allows businesses to focus on their core competencies. Instead of allocating time and resources to manage financial processes, companies can redirect their efforts towards business development, customer service, and innovation. Reap the benefits from tax-saving opportunities and organised bookkeeping.

• Scalability

Outsourcing provides a scalable solution for businesses experiencing fluctuations in their accounting needs. Whether during busy seasons or periods of growth, outsourcing allows for the flexible allocation of resources. Expand or rightsize your needs to ensure that accounting functions can adapt to the changing demands of the business.

• Savings from direct involvement

Outsourcing provides business with access to talents without having to incur direct setup and operating cost.  Such savings are magnified when businesses are planning to tap into labour cost arbitrage outside their home country. Such savings other than cost includes, management time, market entry costs and ongoing compliance cost of setting up a legal structure in a foreign country. 

 

Cons of Outsourced Accounting Services

Before deciding to outsource, it’s best to have a full picture of what that would look like. Prepare yourself and your team more fully for the changes to expect when making a major resource decision. Here are some of the downsides to overcome with the right expectations and communication.

• Loss of Control

One of the primary concerns businesses may have with outsourcing is the potential loss of control over their financial processes. Handing over critical functions to an external provider may result in a perceived lack of oversight, leading to concerns about data security and the accuracy of financial information. Check the reputation of the agency you are considering before entrusting the reins to them.

• Communication Challenges

Singapore, Malaysia and Hong Kong’s multicultural business landscape may pose communication challenges when outsourcing to firms located outside the country. Differences in time zones, language, and cultural nuances can sometimes lead to misunderstandings, affecting the efficiency and effectiveness of the outsourcing relationship. By engaging a premier company like Ledgen with operations in Singapore, Hong Kong and Kuala Lumpur, rest assured that it will be a smooth sailing journey.

• Confidentiality Risks

Entrusting sensitive financial information to a third party entails inherent confidentiality risks. While reputable outsourcing firms implement robust security measures, there is always a possibility of data breaches. Businesses must carefully vet and select outsourcing partners with a strong track record in data security.

• Dependency on External Providers

Relying on external providers for accounting services means that businesses become dependent on the performance and reliability of these providers. Any disruptions or issues on the part of the outsourcing firm could potentially impact the business’s financial operations.

• Initial Transition Challenges

Implementing an outsourced accounting solution requires a period of transition. Businesses may experience challenges during the initial stages, such as adapting to new processes, integrating systems, and ensuring a smooth transfer of data. These transitional hurdles can temporarily disrupt operations.

Overcoming the Challenges of Outsourcing with Ledgen

While outsourcing accounting can present challenges such as loss of control, communication issues, and confidentiality risks, partnering with Ledgen can serve as a strategic solution to mitigate these concerns. Ledgen stands out as a trusted provider of statutory compliance services in Asia. We offer a range of personalised solutions to address the unique needs and challenges of each client.

• Personalised Solutions

We understand that every business is unique, with its own set of concerns and challenges. To ensure that client needs are met with precision, our highly experienced professionals deliver personalised solutions. Each client is allocated a dedicated professional who works closely with them, providing tailored advice and support to help businesses reach their full potential.

• Reasonable Pricing

If you’re putting us in charge of finances, it only makes sense that we are priced reasonably. Ledgen Group is committed to delivering excellence at competitive prices. We believe that a cost-effective solution should not compromise on quality. Our clients benefit from reasonable pricing structures, and we offer tailored packages to suit their specific needs. We provide value-added services, ensuring that businesses receive top-notch financial management without breaking the bank.

• Service Continuity

Building long-term relationships with clients is at the core of Ledgen’s philosophy. We recognise the importance of service continuity, understanding that clients prefer consistent teams and dedicated personnel attending to their needs. Ledgen ensures that clients don’t have to continuously re-explain their requirements to different service providers. Our experienced and long-serving team is dedicated to delivering quality service on time, fostering a relationship of trust and reliability.

By choosing Ledgen as your corporate service provider, you not only gain access to a team of seasoned professionals but also benefit from a commitment to service continuity, personalised solutions, and reasonable pricing. Our aim is to be your long-term and trusted business partner, providing the support you need to navigate the challenges of outsourcing and ensuring the seamless and efficient management of your financial processes in the dynamic business landscape of Singapore and beyond.

Seize Efficiency With Outsourced Accounting Services in Singapore, Malaysia and Hong Kong

From consulting to restructuring accounts to simple housekeeping, we can help you every step of the way. Interested to find out more about how we can help you? Let’s break the ice.

Drop us a line or email us at:

Singapore: (65) 6423 0030, enquiry@ledgengroup.com

Hong Kong: (852) 3796 3728, hongkong@ledgengroup.com

Malaysia: (603) 29359108, malaysia@ledgengroup.com

Budget 2024 was generous in extending a helping hand to individuals and businesses amidst the uncertain global economic outlook.  It also outlined the country’s ambitious plans to stay competitive, resilient, united and inclusive.

Through the Enhanced Assurance Package of S$1.9 billion and the GST Voucher Fund, lower and middle-income Singaporean households will receive immediate help to alleviate cost of living concerns viz CDC vouchers, U-save rebates and S&CC rebates for HDB households.  Further, tax resident individuals are granted a 50% personal income tax rebate for YA 2024, capped at S$200 amongst other measures rolled out to help individuals.

In recognition of the fact that Singapore’s only resource is its human capital, the Budget focused on upskilling and reskilling of our workforce with the New SkillsFuture Level-Up Programme for workers above 40 years old including a S$4,000 SkillsFuture Credit top-up and training allowance in support of the continuous growth and development of our people.  In the same vein, more aid will be given to ITE graduates with their upskilling efforts through the ITE Progression Award. 

Businesses are supported through the Enterprise Support Package encompassing a 50% corporate income tax rebate for YA 2024, capped at S$40,000, and a cash payout of S$2,000 for those with at least one local employee in 2023, SkillsFuture Enterprise Credit and enhanced Enterprise Financing Scheme.

Further, to achieve economic resilience, build capabilities and talent in areas of growth, more than S$11 billion will be injected into Artificial Intelligence, Clean Energy, Finance and Research and Development.  It is hoped that businesses will embrace and harness the new technologies or innovations in the future.

In all, Budget 2024 is forward-looking.  It reflects the government’s commitment to invest in industries that could potentially drive future economic growth and nudges its people towards lifelong learning so as to continue to refresh their skills to stay relevant, employable and to achieve their career goals and aspirations.  The measures taken in the Budget will pave the way for a brighter shared future as a society.

 

BUSINESSES

Corporate Income Tax (“CIT”) Rebate for the Year of Assessment (“YA”) 2024

A CIT rebate of 50% of tax payable will be granted for YA 2024. Companies that have employed at least one local employee¹ in 2023 will receive a minimum benefit of S$2,000 in the form of cash payout (“CIT Rebate Cash Grant”). The maximum total benefits of CIT Rebate and CIT Rebate Cash Grant is S$40,000.

¹ This refers to an employee who is a Singapore Citizen or Permanent Resident, excluding shareholders who are also directors of the Company, in the calendar year 2023.

Enhance the tax deduction for Renovation or Refurbishment (“R&R”) expenditure

With effect from YA 2025: –

• Qualifying expenditure will include designer or professional fees.
• The relevant three-year period for computing the R&R expenditure cap will be fixed, with the first three-year period being from YA 2025 to YA 2027. All businesses will transition to this fixed relevant three-year period.
• Option to claim R&R deductions in one YA, subject to the prevailing expenditure cap.

The Inland Revenue Authority of Singapore (“IRAS”) will provide further details by 30 September 2024.

 

Income Inclusion Rule (“IIR”) and Domestic Top-up Tax (“DTT”) under Base Erosion and Profit Shifting (“BEPS”) Pillar Two Rules

Singapore will implement the IIR and DTT, which will impose a minimum effective tax rate of 15% on businesses’ profit from financial years starting on or after 1 January 2025. This will apply to multinational enterprise (“MNE”) groups with annual group revenue of EUR 750 million or more in at least two of the four preceding financial years (“in-scope MNE”).

The IIR will apply to in-scope MNE groups that are parented in Singapore, in respect of the profits of their group entities that are operating outside Singapore.

The DTT will apply to in-scope MNE groups in respect of the profits of their group entities that are operating in Singapore.

 

Introduce the Refundable Investment Credit (“RIC”)

Singapore will introduce RIC to encourage global companies to make substantial investments here.  RIC will support up to 50% of qualifying expenditure² incurred in respect of a qualifying project³ during the qualifying period of 10 years. This will be awarded by the Economic Development Board (“EDB”) and Enterprise Singapore (“EnterpriseSG”).

The credits will be offset against corporate income tax payable. Any unutilised tax credits will be refunded to the Company as cash within four years from when the Company satisfies the conditions for receiving the credits.

EDB and EnterpriseSG will provide further details by 30 September 2024.

² Qualifying categories include capital expenditure (e.g. building, civil and structural works, plant and machinery, software), manpower costs, training costs, professional fees, intangible asset cost, fees for work outsourced in Singapore, materials and consumables, freight and logistics cost.

³ Substantive economic activities include investing in new productive capacity, expanding or establishing the scope of activities in digital services, professional services and supply chain management; expanding or establishing headquarter activities, or Centres of Excellence; setting up or expansion of activities by commodity trading firm; carrying out research and developments, implementing solutions with decarbonisation objectives.

 

Extend and revise the tax incentive schemes for funds managed by Singapore-based fund managers (referred to as “Qualifying Funds”)

Fund tax incentive schemes under Sections 13D, 13O and 13U (“the Schemes”), which are scheduled to lapse after 31 December 2024, will be extended till 31 December 2029, with the following key changes to take effect from 1 January 2025: –

• Section 13O scheme which is currently only available to Singapore resident companies will be enhanced to include Limited Partnership registered in Singapore.
• The economic criteria (e.g. fund size and business spending) for qualifying funds under the Schemes will be revised.

Monetary Authority of Singapore will provide further details by 30 September 2024.

 

Introduce an alternative basis of tax where the qualifying income of shipping entities

From YA 2024, an alternative basis of tax where the qualifying income of qualifying shipping entities is taxed by reference to the net tonnage of their ships will be available to the following Maritime Sector Inventive (MSI) sub-schemes: –

• MSI – Shipping Enterprise (Singapore Registry of Ship)
• MSI – Approved International Shipping Enterprise
• MSI – Maritime Leasing (Ship)

The existing tax treatment under the relevant MSI sub-schemes will continue to apply to MSI entities that are not under the alternative net tonnage basis of tax.

Maritime and Port Authority of Singapore will provide further details by 30 September 2024.

 

Introduce an additional concessionary tax rate (“CTR”) tier for various incentives

With effect from 17 February 2024, additional CTR tiers will be introduced for the following incentives:

Type of incentive	New CTR tier
Finance and Treasury Centre Incentive	10%
Aircraft Leasing Scheme	10%
Development and Expansion Incentive	15%
Intellectual Property Development Incentive	15%
Global Trader Programme	15%

EDB will provide further details by 30 June 2024.

 

Enhancement to the Enterprise Financing Scheme (“EFS”)

The enhancements are as follows:

Type of loan	Enhancements
SME Working Capital Loan	Loan quantum is increased from S$300,000 to S$500,000
Trade Loan of S$10 million	Extended to 31 March 2025
Project Loan for domestic construction projects	Extended to 31 March 2025 with maximum loan quantum of S$15 million

 

Enhancement to Energy Efficiency Grant (“EEG”)

The EEG will be extended to include Manufacturing, Construction, Maritime, and Data centres and their users. To be eligible for EEG, the company must be registered and operating in Singapore with:-

• At least 30% local shareholding;
• At least one local employee; and
• Group annual sales turnover of no more than S$500 million.

The base tier provides support for pre-approved EE equipment up to a cap of S$30,000.  The advance tier provides support up to S$350,000 for non-approved EE equipment that ensures energy savings of above 350t lifetime carbon abatement.

 

Enhancement to Progressive Wage Credit Scheme (“PWCS”)

The PWCS co-funding support will be raised for wage increases given in the qualifying year 2024 from 30% to 50% for gross monthly wages of up to S$2,500 and 15% to 30% for gross monthly wages more than S$2,500 and up to S$3,000. The gross monthly wage ceiling will be increased from S$2,500 to S$3,000 in qualifying years 2025 and 2026.

From 2024 onwards, PWCS support will not be applicable to employees whose average monthly wage exceeds S$4,000 post-wage increase.

 

SkillsFuture Enterprise Credit (“SFEC”)

Eligible companies who have received the one-off SFEC to aid its out-of-pocket expenses for supportable schemes will be able to use the credit and submit the claims up to 30 June 2025, a year beyond the original set date, 30 June 2024.

 

INDIVIDUALS

Personal Income Tax (“PIT”) rebate

A PIT rebate of 50% of tax payable will be granted to all tax resident individuals for YA 2024, capped at S$200 per taxpayer.

 

Income threshold for Dependant-related reliefs

With effect from YA 2025, the annual income threshold of the dependant-related reliefs will be increased from S$4,000 to S$8,000.

Applicable reliefs are spouse relief, parent relief, qualifying child relief, working mother’s child relief, CPF cash top-up relief to the CPF account of spouse or siblings, Grandparent caregiver relief.

 

Withdrawal of course fee relief

The course fee relief of up to S$5,500 will lapse with effect from YA 2026.

 

CPF contribution rates for senior workers and CPF Transition Offset (“CTO”)

From 1 January 2025, CPF contribution rates for employees aged 55 to 65 will be increased by 1.5 percentage points.

Age Band	CPF Contribution Rates from 1 January 2025
	Total	Employer	Employee
55 and below	No change
Above 55 to 60	32.5% (+1.5%-pt)	15.5% (+0.5%-pt)	17.0% (+1%-pt)
Above 60 to 65	23.5% (+1.5%-pt)	12.0% (+0.5%-pt)	11.5% (+1%-pt)
Above 65 to 70	No change (target contribution rates were reached in 2024)
Above 70	No change

 

The increase in contribution rates will be allocated to the CPF Special Account (“SA”) or Retirement Account (“RA”) to help senior employees to save more for retirement.

To alleviate the rise in business costs due to this increase, a CTO equivalent to half of the 2025 increase in employer CPF contributions rates for senior workers aged 55 to 65 will be provided to employers for one year.

 

Enhancements to the Matched Retirement Savings Scheme (“MRSS”)

From 1 January 2025, the age eligibility for the MRSS⁴ will be expanded and the annual capping for the matching grant will be enhanced.

Changes	Current	From 1 January 2025
Increase in matching grant cap	S$600 per year	S$2,000 per year, with a S$20,000 cap over an eligible member’s lifetime
Removal of age cap	55 to 70 years old	55 years old and above

⁴ Launched in 2021, the Government matches every dollar of cash top-ups made to the Retirement Account of eligible CPF members aged 55 to 70, up to an annual cap of S$600.

 

CPF Relief for Contributions eligible for MRSS

A contributor will no longer be entitled to claim CPF Cash Top-Up Relief on cash top ups that attract the MRSS matching grant with effect from YA 2026. However, a contributor may continue to enjoy tax relief of up to S$16,000⁵  a year for eligible CPF cash top ups that do not attract the MRSS matching grant.

⁵ Up to S$8,000 per year for cash top-ups made to his own Special Account, Retirement Account or MediSave Account and up to S$8,000 per year for cash top-ups to such accounts of the contributor’s loved ones.

 

Enhanced Retirement Sum (“ERS”)

From 1 January 2025, the Government will raise the ERS⁶ from 3 times the Basic Retirement Sum (“BRS”) to 4 times.

This will allow CPF members to voluntarily commit more savings to their Retirement Account (“RA”), by transferring from their Ordinary Account (“OA”) savings or by making cash top-ups to receive higher CPF monthly payouts in their retirement.

Year	BRS	Revised ERS from 1 January 2025 (ERS at four times the BRS)
2025	S$106,500	S$426,000
2026	S$110,200	S$440,800
2027	S$114,100	S$456,400

⁶ The ERS is the maximum amount of savings that members aged 55 and above can place in their CPF Retirement Account (“RA”) to earn RA interest rates and receive CPF monthly payouts. Currently, the ERS is set at three times the Basic Retirement Sum.

 

Closure of the CPF Special Account (“SA”) for members aged 55 and above

With effect 2025, the SA for members aged 55 and above will be closed.  SA savings will be transferred to the RA, up to the Full Retirement Sum which will continue to earn the long-term interest rate. Any remaining SA savings will be transferred to the Ordinary Account (“OA”), where they remain withdrawable and will earn the short-term interest rate.

 

MISCELLANEOUS

Introduce an Overseas Humanitarian Assistance Tax Deduction Scheme (“OHAS”)

The OHAS scheme will provide individual and corporate donors with 100% tax deduction for qualifying overseas cash donations made through a designated charity and towards a fundraiser for emergency humanitarian assistance with a valid Fund-Raising for Foreign Charitable Purposes permit from the Commissioner of Charities.

Tax deductions under OHAS will be capped at 40% of donor’s statutory income. For donors who also receive tax deductions under the Philanthropy Tax Incentive Scheme for Family Offices (“PTIS”), tax deductions under both OHAS and PTIS will be jointly capped at 40% of the donor’s statutory income.

Any unutilised tax deductions cannot be carried forward to offset donor’s income for subsequent YA or transferred under the Group Relief System for any YA.

The OHAS will be piloted for four years from 1 January 2025 to 31 December 2028.

IRAS will provide further details by 30 June 2024.

 

Withdrawal of income tax concession on royalty income accorded to Authors, Composers, and Choreographers

The concession of taxing only 10% of gross royalties will be withdrawn in phases with effect from YA 2027.

For YA 2027 and YA 2028, eligible taxpayers may continue to claim the tax concession and report their taxable royalty income based on the lower of:

• the net amount of royalties (i.e. gross amount of royalties, less allowable deductions and capital allowances), and
• the following specified rate applied on the gross amount of royalties:

YA	Concessionary Tax Treatment
2027	40% of gross royalty
2028	70% of gross royalty

From YA 2029, withholding tax will be applicable on the net amount of royalties.

 

STAMP DUTY AND PROPERTY TAX

Revision to Additional Buyer’s Stamp Duty (“ABSD”) remission clawback rates for housing developers

With effect from 16 February 2024, projects with at least 90% of units sold at the five-year sale timeline will be subjected to a lower ABSD remission clawback rate (of between 1% point to 10% points depending on the proportion of units sold at the five-year mark), if the commencement and completion of works criteria are also fulfilled. This applies for projects where the residential land was acquired on or after 6 July 2018.

 

Extension of ABSD concession to single Singapore Citizen (“SC”) seniors

With effect from 16 February 2024, the ABSD concession will be extended to single SC seniors aged 55 and above for purchases of a second residential property (“RP”) (in replacement of the first RP), subject to meeting all the qualifying conditions.

 

Revision of annual value (“AV”) bands for owner-occupier residential property tax (“PT”) rates

With effect from 1 January 2025, the AV bands of the owner-occupier residential PT rates will be adjusted as follows: –

Marginal PT Rate	Portion of AV	Portion of AV
	From 1 Jan 2024 to 31 Dec 2024	From 1 Jan 2025 (i.e. from 2025 PT bills)
0%	S$0 – S$8,000	S$0 – S$12,000
4%	>S$8,000 – S$30,000	>S$12,000 – S$40,000
6%	>S$30,000 – S$40,000	>S$40,000 – S$50,000
10%	>S$40,000 – S$55,000	>S$50,000 – S$75,000
14%	>S$55,000 – S$70,000	>S$75,000 – S$85,000
20%	>S$70,000 – S$85,000	>S$85,000 – S$100,000
26%	>S$85,000 – S$100,000	>S$100,000 – S$140,000
32%	>S$100,000	>S$140,000

CONTACT US

https://ledgengroup.com/en/contact-us/
enquiry@ledgengroup.com

Understanding Tax Residency in Singapore

Under the Singapore Income Tax Act (“ITA”), a company is regarded as a tax resident¹ of Singapore if the “control and management” of its business is exercised in Singapore.  However, the ITA does not further define “control and management”.

For individuals, our Singapore income tax for foreigners guide explains how tax obligations differ for non-residents and expatriates.

What “Control and Management” Means for Companies

“Control and management” of a company is taken to mean important strategic decisions taken by the Board of Directors. This could include matters such as potential investments and business opportunities, divestment of investments, financing needs and company’s policies.  The location of the board meetings where such decisions are made would determine the place of residence of the company for tax services in Singapore. Companies should also consider corporate tax planning strategies to ensure their operations and decision-making processes align with Singapore’s tax residency rules.
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With technological advancement, it is now common for board meetings to be held via conference calls and video-conferencing for more efficient decision making.  This could well be the underlying reason for the Inland Revenue Authority of Singapore (“IRAS”) to reduce the emphasis of physical meetings and to amend its stance on how tax residency of a company is to be ascertained.

With effect 29 November 2023, where a Board of Directors meeting of a company is held by means of virtual meeting technology², it will generally be regarded that strategic decisions are made in Singapore provided that either of the following conditions is met:

1. At least 50% of the directors who have authority to make strategic decisions are physically in Singapore during the meetings; or
2. The Chairman of the Board of Directors (if such an appointment exists in the company) is physically in Singapore during the meeting.

When a Company Is Not Considered Managed in Singapore

For clarity purposes, the IRAS has given specific examples on scenarios where “control and management” of a company is not regarded as being exercised in Singapore:

• Board of Directors meetings are not held in Singapore (i.e. Directors’ resolutions are passed by circulation).
• The local Director is a Nominee Director and the remaining Board Directors reside outside Singapore.
• No strategic decisions are made by the local Director in Singapore.
• No key employees (e.g. CEO, CFO, COO) are based in Singapore.

Bearing in mind the above, a company which would want to be regarded as a Singapore tax resident company should continue to ensure that key decisions are taken in Singapore and Board resolutions and Board meeting minutes are properly documented to support its claim.

Additional Requirements for Foreign-Owned Investment Holding Companies

With regard to Foreign-Owned Investment Holding Companies³ which would like to apply for a Certificate of Residence (“COR”), effective year 2025, apart from demonstrating that strategic decisions are made in Singapore, the company must meet the following conditions for tax services:

1. An Executive Director (who is not a Nominee Director) based in Singapore;
2. One key employee (e.g. CEO, CFO, COO) based in Singapore; or
3. It is managed by a related company based in Singapore

The above is to ensure that such Foreign-Owned Investment Holding Companies have valid reasons to set up operations in Singapore.

 

A Singapore tax resident company would qualify for the following benefits:

• Exemption or reduction in tax on specified foreign income derived from a jurisdiction that has an Avoidance of Double Taxation Agreement with Singapore.
• Tax Exemption on specified foreign income (i.e. foreign-sourced dividends, foreign-sourced service income and foreign branch profits) under Section 13(8) of the Income Tax Act.
• Foreign tax credit for taxes paid in the foreign jurisdiction against the Singapore tax payable on the same income.
• Tax exemption for new start-up companies.

Virtual meeting technology means any technology that allows a person to participate in a meeting without being physically present at the place of meeting.

 

A foreign-owned company is defined as a company where more than 50% of its shares are held by:

• Foreign companies that are incorporated outside Singapore; or
• Individual shareholders who are not citizens of Singapore.

The ownership is applied at the ultimate holding company level.

For professional guidance on compliance and structuring, you can also explore our tax advisory services Singapore to optimise your company’s tax position and ensure full IRAS compliance.

Speak with Our Tax Advisers

If you wish to understand further, please reach out and speak to our Tax Advisers team in Ledgen Singapore today.

Is your corporate secretary adept at keeping your business compliant and informed about the latest regulations?

Ledgen Group has a team of proficient and experienced secretaries who provide exceptional corporate secretarial services in Singapore to ensure your business complies with all the necessary requirements. With their expertise in secretarial services, they deliver a high standard of local advisory service tailored to your company’s needs.

Ledgen’s company secretarial services cover a wide range of responsibilities, from managing statutory records and ensuring timely submission of essential documents to keeping you abreast of changes in local regulations. By partnering with the Ledgen Group for your corporate secretarial services needs, you can trust that your business is always in line with the latest compliance requirements in Singapore and across Asia.

Is your corporate secretary adept at keeping your business compliant and informed about the latest regulations?

Ledgen Group has a team of proficient and experienced secretaries who provide exceptional corporate secretarial services in Singapore to ensure your business complies with all the necessary requirements. With their expertise in secretarial services, they deliver a high standard of local advisory service tailored to your company’s needs.

Ledgen’s company secretarial services cover a wide range of responsibilities, from managing statutory records and ensuring timely submission of essential documents to keeping you abreast of changes in local regulations. By partnering with the Ledgen Group for your corporate secretarial services needs, you can trust that your business is always in line with the latest compliance requirements in Singapore and across Asia.