How can PL Biz Consulting help your business to grow?

accounting firm in Singapore

Are you starting a new business in Singapore and looking for a reliable business consultant?

Or do you already have a business and have been looking for the best business consultants?

Whichever the case is, we at PL Biz Consulting, can help you in many ways.


We are a one-stop solution provider in Singapore for all the corporate services that you may need to set up or grow your business.


In this blog post, we have shared a list of services that we provide to our clients.

Let’s begin!


#1 Accounting services

If you are running a business in Singapore, you need to maintain your accounts. This means keeping track of your income and expenses, and ensuring that your financial records are up to date.

Maintaining accurate financial records is important for any business, but it is especially crucial in Singapore. This is because the country has strict laws and regulations surrounding business finances. If you do not comply with these requirements, you could face severe penalties that may include hefty fines.


You may not have the time and required skills to maintain your accounting. Here comes the assistance of an accounting firm in Singapore.


We at PL Biz Consulting provide our clients with reliable yet affordable accounting services in Singapore. We have more than 15 years of experience in accounting & payroll and we have helped hundreds of small and medium-sized businesses in Singapore to grow their businesses with our efficient accounting services.


#2 Company secretarial services

Hiring a company secretary for your business is mandatory in Singapore. The responsibilities of a company secretary in Singapore include several activities such as ensuring compliance with statutory requirements, keeping accurate records, and assisting the board of directors in carrying out their duties.


The company secretary is also responsible for preparing and filing annual reports and other required documents, and for maintaining good communication with shareholders.


At PL Biz consulting, we offer affordable company secretarial services to our clients and have been helping them for more than a decade.


#3 Auditing services

Are you looking for auditing services in Singapore? PL Biz Consulting can help you!


We have been providing reliable yet affordable auditing services to our clients in Singapore & Malaysia for more than a decade. We understand the importance of accuracy & efficiency that your business’ auditing process requires. Therefore, we handle your auditing requirements with the utmost care.


Contact us now to get a quote for auditing services.


#4 Business incorporation services


Do you want to set up a new business in Singapore? We can help you!


Singapore is no doubt one of the best locations in the world to start a new business. With the favorable government policies, climate, and multi-cultural working atmosphere, Singapore has become the best choice for global companies to set up their businesses in Singapore.


At PL Biz Consulting, we have been helping our clients to start new businesses in Singapore. We are also helping foreigners who are willing to set up their businesses in this vibrant country.


#5 GST/Income tax filing services

At PL Biz Consulting, we provide GST & income tax filing services to our clients. We have a team of experienced professionals who can help you with all your tax-related needs. Whether you’re a small business owner or a large corporation, we can help you file your taxes and stay compliant with the law.


We offer a hassle-free and affordable solution to your tax filing needs and can help you save time and money. Contact us today to learn more about our services.


#6 Bookkeeping services

Hire PL Biz Consulting if you are looking for bookkeeping services in Singapore. At PL Biz Consulting, we pride ourselves on providing top-notch bookkeeping services that will help your business run smoothly.


We understand the importance of keeping accurate financial records and we are dedicated to providing our clients with the best possible service. Contact us today to learn more about our bookkeeping services and how we can help your business succeed.


#7 Assistance in loan processing

Do you need funds for your business? Perhaps you have been looking to get a loan to expand your business. 


At PL Biz Consulting, we help our clients to process their loan applications effectively & successfully. With more than 15 years of experience in business consulting, our team is capable of providing the right advice that you need to get your loan application approved.


Get in touch with us today to know more about how we can help you to process your business loans.

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ACRA Cancels Registration of Filing Agent and Qualified Individual for AML/CFT Breaches

The Accounting and Corporate Regulatory Authority (ACRA) had cancelled the registrations of filing agent (RFA) and qualified individual (RQI) on 18 January 2024. The registrations were cancelled in view of breaches of anti-money laundering and countering the financing of terrorism (AML/CFT) controls under the ACRA (Filing Agents and Qualified Individuals) Regulations 2015 (the “ACRA Regulations”).

Some of the basic AMT/CFT controls that a RFA and RQI are required to exercise are as follows:

(a) perform additional customer due diligence measures when a customer is not physically present during onboarding;

(b) inquiring if there exists any beneficial owner in relation to some of its customers; and

(c) perform risk assessments i

RQIs and RFAs provide corporate secretarial services for business entities, such as helping customers to incorporate companies, file annual returns and fulfil other filing requirements under the Companies Act 1967 or other Acts under ACRA’s purview. RQIs and RFAs are required to perform customer due diligence measures in accordance with the ACRA Regulations, and conduct their business in such a manner as to guard against the facilitation of money laundering and the financing of terrorism. RQIs and RFAs must also satisfy statutory requirements such as being fit and proper persons, to be registered or continue to be registered.

RQIs and RFAs who breach their statutory obligations may be subject to enforcement actions, such as financial penalties of up to $10,000 or $25,000 per breach respectively or have their registrations with ACRA suspended or cancelled.

Therefore, RQIs and RFAs play an important role in helping to detect and combat illicit activities.

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