Singapore Audit

Every business owner in Singapore knows how important an audit is. After all, in accordance with local legislation, the company regularly conducts audits of financial statements. If you just want to start your business and you need to learn more about the audit of companies in Singapore, you can get advice from Crystal Tax employees.

Audit of companies in Singapore: a brief summary

An audit is a procedure for checking the accounts of an organization, which is performed by a highly qualified accountant. Upon completion, he is obliged to issue a conclusion.

The company's financial statements are subject to mandatory audit at least once a year. But only on condition that she does not meet the criteria that exempt from this procedure.

Audit of companies in Singapore is required to be carried out only by enterprises that belong to the category "medium"; and "large" business.

What can a company audit in Singapore look like?

There are two types of audit: external and internal. The first option concerns companies that have an annual turnover in excess of SGD 5 million. Such an institution may have more than 20 shareholders. One of them – necessarily a legal entity.

As for internal audit, it acts as a kind of guarantee of the effectiveness of management processes and control. In this case, two options are considered:

  1. The correctness and adequacy of internal control.
  2. Efficiency of internal government.

Checking companies in Singapore: a reliable assistant

Crystal Tax specialists provide audit-type services in Singapore. They have vast experience in this field, which allows them to do everything competently and quickly.

Auditing a company in Singapore with the help of Crystal Tax specialists has many advantages:

  • quality assurance;
  • reliability;
  • highly qualified help;
  • low cost of services.

To use the services of specialists, just fill out the form on the company's website. The manager will contact you during business hours to find out the details. Or contact him by phone, which is indicated in the relevant section of the site.

The cost of services is calculated on an individual basis. In the price list you can find out the approximate price.

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Maxim Stepanenko

Maxim Stepanenko

Managing partner of Crystal.tax

A wide range of legal services from Crystal Tax: registration of offshore companies in all world jurisdictions, solving issues related to taxation, opening bank accounts and many others.

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