With the increase in numbers of industrial/commercial projects and private property being built in the recent years, Management Corporation Strata Titles (MCST) were being constituted, and the increasing demand of service expectations of Management Councils, Managing Agents are tasked with meeting these challenges to remain highly competitive. We have been consulting MCST accounts and setting up the MCST accounting systems and would like to share with you, our knowledge and experience in Accounting and Auditing requirements under the Provisions of Building Maintenance and Strata Management Act (BMSMA).
We are currently the leading accountants specialising in MCST accounting and system setup. Our client portfolio consists of residential (condominium), commercial (shopping centres, industrial building) or residential cum commercial.
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Financial Statement Preparation:
Directors are required to present accounts that comply with the Accounting Standards and which give a true and fair view of the state of affairs of the company to its shareholders. Our accountants would ensure that your Financial Statement is prepared according to the required Accounting Standards for filing to ACRA (Accounting and Corporate Regulatory Authority). We can also assist you with preparation of AUDITED financial accounts, if required. Check out our Financial Statement Preparation Service.
GST Computation & Submission:
If you are a GST-registered trader, you would need to submit quarterly GST returns to IRAS (Inland Revenue Authority of Singapore). If you need assistance with computations and to avoid missing filing deadlines, check out our GST Computation & Submission Service.
Tax Computation/ Filing:
All companies/ individuals are required to pay corporate tax or income tax to IRAS (Inland Revenue Authority of Singapore) for all income earned or received in Singapore. If you need to understand how to reduce your tax liabilities legally, to compute and file your tax returns on time to avoid penalties, check out our Tax Computation/ Filing Service.