TENG BROTHERS. Accounting Corporate Secretarial. Book keeping and Compilation. Corporate Taxation & Corporate Secretarial. Payroll

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1 Book keeping and Compilation Corporate Taxation & Corporate Secretarial Accounting & Corporate Secretarial Payroll

2 Who We Are Teng Brothers Private Limited that provides Company Incorporation, Corporate Secretarial, Compliance Management, Accounting, Taxation,payroll management and business consulting.it also provide administrative services or funds for start up and small to medium enterprises. Our Guiding Principle Honesty We believe that being honest is the most important value to build trust with our client Quality We also believe in providing quality work and services to our client to satisfy our client and continue our service to the Client Communication We listen carefully and fully understand our client needs and improve our services to serve them even better Our Mission Serve with value Improvement and changes We are not a tradition business that stuck at the era therefore we will improve and change according to commercial demand Our Vision Becoming world class services for our client Our Services Accounting Secretarial Consulting We provide Book Keeping, Compilation,Corporate Tax and Payroll Services Our Corporate Secretary package are designed to assist Companies in their Annual Returns to ACRA, including dedicated reminder service prior to the filing deadline and the provision of a named secretary for your Company. Consulting is one of our strong expertise and we have RMC and/or PMC to help in business operation, I.T and Productivity.At the same time business also facing difficulty on the business finance,therefore we offer Grant Services handle by RMC and/or PMC.We have broker who can facilitate business loan.

3 Process of preparation of financial statement Step 1 Source Document Step 2 Book Keeping Step 3 Taxation Step 4 Compilation Step 5 Filing Source documents are the physical basis upon which business transactions are recorded. Bookkeeping is the recording, on a day-to-day basis, of the financial transactions and information pertaining to a business. It ensures that records of the individual financial transactions are correct, up-to-date and comprehensive. Accuracy is therefore vital to the process. In this process, the financial statement will be compile into tax computation.therefore it will help you to pay less taxation to the authority as there will be tax deductable item. A financial statement compilation is to assist the management of a business in presenting its financial statements. This presentation involves no activities to obtain any assurance that there are no material modifications needed for the financial statements to be in conformity with the applicable accounting framework. According to singapore statute if a company has over $5 million in revenue it is subjected to audit engagement The company corporate secretarial will require to submit annual filing with financial statement to the authority. Why you have to prepare financial statement All locally-incorporated companies are required to hold their Annual General Meeting (AGM) and file their Annual Returns under S175, S197 and S201 of the Companies Act. Section 171(1) of the Companies Act (Chapter 50) mandates that: Every company shall have one or more secretaries each of whom shall be a natural person who has his principal or only place of residence in Singapore.

4 Book keeping We provide the fastest incorporation within 90 minutes inclusive documentation.therefore our client wour bookkeeping services will translate your business transactions into useful financial information relating to your company performance. You will be able to review your company financials using the management report package generated by us, which can include the following reports: - Balance Sheet - Profit and Loss - General Ledger -Accounts Payable / Accounts Receivable Listing - GST Report for GST Registered Clients - Bank Reconciliation ill start its operation after 90 minutes. Why Us Compilation The financial statements compilation aspect is the portion whereby all your bookkeeping records are translated into a proper accounts, presented in accordance applicable accounting standards in Singapore. You will typically need financial statements for the purpose Annual General Meetings, tax submission and accountability to shareholders of the Company. In some instances the financial statements are used to obtain banking facilities, apply for government grants and to meet regulatory requirements in specific industries.

5 TENG BROTHERS. Why Us Payroll Payroll is an essential expense and there are regulations governing staff pay. We are able to assist you areas such as: - Calculation of monthly Employee salary and statutory CPF deductions - Preparing salary disbursement schedule for your staff and to the CPF board - Submission of monthly CPF e-filing - Preparation of Cheque to staff for monthly salary disbursement Corporate Tax Services All companies need to submit their tax returns in the relevant Year of Assessment pertaining to the financial year passed. Let us assist you in ensuring that your tax filing are done on time, without missing out on useful deductions available to your company. Our corporate tax services assist you in the: - Preparation of Tax Computation and tax schedules - Filing of Estimated Chargeable Income 3 months after your Financial Year End - Filing of Corporate Tax Return in Form-C or Form C-S in the relevant Year of Assessment - Liaison with IRAS to answer queries relating to your tax matters Corporate Secretarial Our Corporate Secretary package are designed to assist Companies in their Annual Returns to ACRA, including dedicated reminder service prior to the filing deadline and the provision of a named secretary for your Company.

6 Contact Us Location Contact Operating Hours 22 Sin Ming Lane # Midview City Singapore admin@ Monday to Friday : 9 am to 6 pm Saturday to Sunday and PH : 9 am to 1 pm On Call : 24/7 Hour