In Singapore, small and medium businesses play a crucial role in the economy and contribute to its diverse business environment. Understanding this importance, it's essential for these businesses to consider professional accounting services. This article explores why professional accounting services are crucial for small businesses in Singapore. It covers the […]

The purpose of a corporate secretary is to ensure that your company is in check and compliant with local regulations. Companies which are incorporated in Singapore are required to appoint a company secretary within six months from incorporation. Companies may either choose to hire a full-time secretary or outsource their corporate secretarial services in Singapore.  […]

Singapore is known as a top financial hub due to its organized tax and accounting systems. Businesses benefit from competitive tax rates and international agreements, while also complying with government policies and standards. Corporate tax Singapore Your company in Singapore will be taxed on income earned within Singapore, which includes: […]

We are excited and proud to announce that Clooud Consulting is a finalist for the "Small Accounting Partner of the Year" award at the Xero Asia Awards 2024. First, we want to thank Xero for organizing this amazing event that honors the hard work and achievements of accounting and bookkeeping […]

Every business needs a solid financial plan, but keeping track of finances daily can be challenging. Bookkeepers and accountants handle your income, payments, and money owed to you, but you might not have time to review how well your business is doing financially or plan for its future because you're […]

Is Your Accounting Staff Running the Show? Late accounting closes, delayed GST filings, fines from ACRA and IRAS—does this chaos sound familiar? Are you, the boss, feeling pushed around by your accounting staff? It's time to reclaim control of your business! Let's find out more on who's the boss now? […]

Bookkeeping. Just hearing the word can make many small business owners anxious. Thinking about stacks of receipts and invoices, long columns of numbers, and endless accounting rules can be overwhelming! Good bookkeeping practices are essential for every business to thrive and expand. If your records are disorganized, it can lead […]

Are you struggling with late accounting closures, delayed filings on the Charity Portal, or facing issues like fundraising malpractices? Worried about potential audit failures or being in the news for charity fraud? It's time for a change! Let's reform and strengthen your charity's internal control and governance framework together. With […]

What is Xero? Xero is an accounting software that works online, making financial tasks easier. It allows for real-time collaboration, automated bookkeeping, and access to financial information from anywhere, making it easier to manage finances effectively. Let's find out more on how to manage your Singapore small business accounting effortlessly with Xero. Can Xero work for businesses of all sizes? Yes, Xero is suitable for businesses big and small. Whether you're just starting out or running a large company, Xero can be […]

Staying on top of project costs and deadlines can be challenging for any business. But what if there was a software solution that could simplify everything from initial quotes to final invoices? Look no further, let's find out on how Xero's job tracking and project accounting can boost your business! […]