Devotion Global CSP

Financial Record Management

Accounting & Tax Services

Routine bookkeeping and annual tax return preparation adhering to Singapore Financial Reporting Standards (SFRS).

Routine Bookkeeping: Monthly/quarterly ledger maintenance on Xero or QuickBooks.
IRAS Tax Submissions: Filing Form C-S / Form C and Estimated Chargeable Income (ECI).
Financial Statements: Unaudited statutory reports for AGM and ACRA filing.

Outsource Accounting

Complete Tax Compliance

Prevent statutory penalties and keep your company in good standing with timely tax returns and clean general ledgers.

Regulatory & Compliance

Legal Considerations

Navigating legal mandates under the Singapore Companies Act, shareholder agreement clauses, and statutory accounting retention laws.

5-Year Record Retention: Ensuring accounting documents conform to statutory holding laws.
Corporate Governance: Director resolution review for major financial transactions.
ACRA Annual Returns: Filing compliant financial statements via the XBRL portal.

Review Legal Compliance

Statutory Protection

Ensure full legal adherence to ACRA and IRAS regulations to safeguard your board of directors from personal liability.

Independent Assurance

Tax Audit Services

Independent financial statement audits and representation during official IRAS tax queries or field audits.

Statutory Audit: Complete audits for entities exceeding S$10M revenue thresholds.
IRAS Field Audit Support: Expert representation and investigation resolution.
Internal Controls Review: Identifying accounting risks and operational vulnerabilities.

Schedule Audit Support

Audit Readiness Assessment

Thorough pre-audit reviews to ensure your balance sheet and income statements meet public accounting standards without adjustments.

ACRA Statutory Mandate

Residence Director Services

Fulfill Section 145 of the Singapore Companies Act requiring every entity to have at least one local resident director.

Nominee Director Appointment: Qualified Singapore Citizens / PRs to meet ACRA statutory setup laws.
Non-Executive Governance: Protect your management control while maintaining 100% legal compliance.
Security Deposit Escrow: Transparent, refundable security deposit structures.

Appoint Resident Director

Nominee Resident Director

ACRA Statutory Requirement Service

Instant ACRA Compliance

Cross-Border Compliance

WithHolding TAX Advisory

Manage IRAS withholding tax obligations on payments made to non-resident companies or individuals for royalties, interest, and technical fees.

IRAS Filing (Form S45): Timely reporting and payment submission by the 15th of the month.
DTA Rate Relief: Applying reduced withholding rates under Double Taxation Agreements.
Software & Royalty Structuring: Planning international IP fee payments efficiently.

File Withholding Tax

Withholding Tax Rates Overview

Interest Payments: 15% standard rate

Royalties & IP: 10% standard rate

Management Fees: Prevailing corporate tax rate (17%)

Regional Tax Comparison

ASIA TAX Rates Matrix

Compare corporate tax rates, GST/VAT rates, and capital gains policies across key Asian financial jurisdictions to optimize your expansion model.

Jurisdiction	Corporate Tax Rate	GST / VAT Rate	Capital Gains Tax	Dividend Tax
Singapore	17% (Partial Exemptions)	9%	0% (None)	0% (Tier 1)
Hong Kong	16.5%	0%	0% (None)	0%
Malaysia	24%	8% (SST)	0% - 10%	0%
Indonesia	22%	11%	Prevailing Rate	10%
Vietnam	20%	10%	20%	5%

Book Keeping & Tax Advisory