WHY USE US
Proactive Tax Advice
Unlimited Access to your accountant with ongoing tax advice on managing your business.
Qualified ISCA accountants
Accounted with Big 4 firm experience, and also Certified by the Institute of Singapore Chartered Accountants.
ACCA acredited
Association of Chartered Certified Accountants
Professional Accounting Software
We use professional accounting book keeping software for Singaporean Businesses
Services Provided
FC accounting offers low cost, fixed fee accountancy package with all clients receiving their own dedicated, friendly, approachable accountant.
Get unlimited access to your accountant, ongoing advice on managing your business, proactive tax advice as well as updates so you'll never miss a tax deadline.
Services include Monthly Management Accounts Year end Compilation of Annual Report Analysis and interpretation of financial data.
Monthly Management Accounts, Year end Compilation of Annual Report, Analysis and interpretation of financial data.
Incorporation Services, Maintaining Statutory Register Book, Preparation of Annual General Meeting, Annual Return Filling and Update of ACRA.
Estimated Chargeable Income (ECI), Form C and Form CS , PIC Claims, Review of GST return and Tax planning. Business Process Optimisation, Financial Management Solutions and Financial Modeling.
Statutory Audit Engagements, Limited Scoped Reviews, Systems and Internal Control Reviews and Due Diligence.
OUR TEAM
Fione Chua
Previously: Kumo Izakaya & Izakaya Chuji (CBD & South Melbourne), Makino Asia Pte Ltd, KPMG Malaysia
Lay Min Koh
Joey Ng
Testimonials
Blog Posts
4 Investments That Naturally Hedges Against Inflation In Singapore
Inflation is one of the greatest threats to your savings. In recent months, the threat of inflation has soared. This is possibly the result of many factors, including years of global quantitative easing (increasing money supply), as well as the recent disruptions to international supply chains. Due to this, we cannot afford to just let our money sit Read more about 4 Investments That Naturally Hedges Against Inflation In Singapore[…]
Inflation Watch: 7 Things That Are Getting More Expensive
As, electricity, petrol and egg prices have increased in recent months, many Singaporeans have started to feel the pinch in our wallets. Inflation really strikes home when our beloved hawkers can no longer sustain the price increase and raise the price of our neighbourhood kopi and chicken rice. According to the Consumer Price Index – All Items, inflation Read more about Inflation Watch: 7 Things That Are Getting More Expensive[…]
9 Time Management Tips That Will Boost Your Productivity
Time is of the essence when starting and running a business. It doesn’t matter what stage you’re at. Making the most efficient use of your time would be very wise. Working smarter, not harder, should be the goal. That takes discipline, patience and planning. On my journey, there were times when I had the motivation but wasn’t sure what Read more about 9 Time Management Tips That Will Boost Your Productivity[…]
4 Ways to Stand Out as a Small Business in a Crowded Space
Differentiate yourself in the competitive landscape by working smarter, not harder. The past year has undoubtedly demanded pivots and change in more ways than anyone could have imagined. Businesses were catapulted into endurance mode with a singular focus: survival. As new survival methods (and messaging) became the norm, entrepreneurs fell into a pattern of using Read more about 4 Ways to Stand Out as a Small Business in a Crowded Space[…]
6 Sectors That Will Be Important For Singapore In The Next 30 Years
For Singapore to succeed in the coming decades, we cannot be complacent. Prime Minister (PM) Lee Hsien Loong surmised why in a perfect quote during his National Day Rally 2022 speech, “A small country like Singapore has zero margin for error”. While he spoke on many national issues, we look at six industries that he Read more about 6 Sectors That Will Be Important For Singapore In The Next 30 Years […]
4 Reasons Why Slowing Down Will Actually Make You More Successful
It sounds backwards, but slowing down is actually a faster way to succeed. Here’s why. Go faster. Do more. Hustle. Hustle even more. Sound familiar? Social media is full of influencers, entrepreneurs, and “gurus” touting the virtues of hustling at all costs. It’s reached the point where hustling, and even just talking about hustling, appears to Read more about 4 Reasons Why Slowing Down Will Actually Make You More Successful[…]
Emotionally Intelligent People Know How to Earn Respect
To earn respect, you’ve got to give respect. Here are five steps that will help you do both. It seems that the ability to show respect is becoming a lost art. Sarcasm and cutting remarks have become the default reaction, at work, at home, and online. A fractured political and racial climate fuels fear and suspicion. Further, when Read more about Emotionally Intelligent People Know How to Earn Respect[…]
6 Mindsets That Will Distinguish You as a Leader
I’m sure you will agree that not all business leaders are created equal, starting from the CEO on down. But I have found the more challenging question to be what distinguishes the best leaders from all the rest, especially before they have been selected and tested in a new role. My own conclusion, after years of experience and consulting, Read more about 6 Mindsets That Will Distinguish You as a Leader[…]
Budget 2022 highlights: GST hike, higher income tax for top earners and CDC vouchers for all
SINGAPORE – Finance Minister Lawrence Wong announced major tax changes and targeted help for workers, households and businesses in the Budget speech on Friday (Feb 18). Here are some highlights from his speech: 1. GST hike – The goods and service tax (GST) rate will increase from 7 per cent to 9 per cent in Read more about Budget 2022 highlights: GST hike, higher income tax for top earners and CDC vouchers for all[…]
7 Ways You Can (Legally) Reduce Your Income Tax For YA 2022
As the year draws to an end, it also means the window for reducing your tax bill for the Year of Assessment 2022 (YA 2022) is closing. This is because the size of your tax bill depends on your income, expenditure and deductions from 1 January 2021 to 31 December 2021. Note: Year of Assessment 2022 Read more about 7 Ways You Can (Legally) Reduce Your Income Tax For YA 2022[…]
Guide to Supplementary Retirement Scheme
I’ve been dreaming about retirement since the day I started working. So the Supplementary Retirement Scheme (SRS), as dry as it sounds, is more interesting to me than a Uniqlo sale. The SRS is a government scheme that’s set up to help Singaporeans prepare for retirement (in tandem with CPF). But as with all things set Read more about Guide to Supplementary Retirement Scheme[…]
Facing Roadblocks to Get Out of Debt? 4 Tips that Actually Work
Getting out of debt is like trying to climb out of a deep, muddy pit. As soon as you seem to grab a toehold, you slide down again. American household debt among 340 million Americans hit a record $14.6 trillion in the spring of 2021. Let’s go over a few roadblocks people often face to get out Read more about Facing Roadblocks to Get Out of Debt? 4 Tips that Actually Work[…]
F&B outlets in CBD hardest hit as people avoid social gatherings
SINGAPORE – Eateries have seen a drop in business over the last two weeks, following the Government’s advisory on Sept 6 for the public to cut down on social gatherings. The impact was felt most among food and beverage outlets in the Central Business District (CBD), especially on weekdays with workers working from home. But those Read more about F&B outlets in CBD hardest hit as people avoid social gatherings[…]
National Day Rally 2021: 6 Things That Business Owners Should Know
On 29 August, Prime Minister Lee Hsien Loong gave his National Day Rally speech. This year, we have had to postpone our National Day Parade, and on the back of fighting COVID-19, this speech is made all the more significant. In this article, we summarise 6 things business owners can take away from National Day Read more about National Day Rally 2021: 6 Things That Business Owners Should Know[…]
The Pros And Cons Of Buying A Franchise
There is an obvious appeal to starting a business by buying a franchise. Whereas starting a business often comes with a lot of unknowns, a franchise is proof of a successful model already in motion. That doesn’t mean that buying a franchise equals instant and sustained success. In fact, the mythical “statistic” that says that Read more about The Pros And Cons Of Buying A Franchise[…]
10 Lessons I Learned as Someone Who Has Spent 10 Years Running a Business
This month, I’m celebrating my 10 year entrepreneur anniversary. It’s been a decade of late nights, working weekends, networking with tremendously talented people, fostering client relationships, relentless traveling and a myriad of highs and lows that define the life of an entrepreneur. Running a business is a journey of joy and pain, but for some of us, Read more about 10 Lessons I Learned as Someone Who Has Spent 10 Years Running a Business[…]
5 Lesson Itaewon Class Teach Me About Entrepreneurship
Itaewon Class tells the story of ex-convict Park Saeroyi whose life has been turned upside down after he gets expelled from school for punching a bully and his father is killed in an accident. Following his father’s steps, he opens his bar-restaurant DanBam (Sweet Night) in Itaewon. Alongside his manager, Jo Yi-seo, and his staff, he strives towards success and reaching Read more about 5 Lesson Itaewon Class Teach Me About Entrepreneurship[…]
How to Run a Cloud Kitchen Business in Singapore
Technology has been shaping the future of Singapore with growing innovations emerging every day. Most of the industries in Singapore rely on technology to find feasible solutions for complex business problems. One of the most recent innovation has been in the food industry – the rise of cloud kitchens! Various restaurants and food-chains are looking Read more about How to Run a Cloud Kitchen Business in Singapore[…]
Sheng Siong to Reward Staff with up to 16 months’ Bonus
The bonuses for Sheng Siong employees range from 4.68 months to 15.72 months, depending on the workers’ grade Sheng Siong’s profit before tax for the first nine months of 2020 was 81 per cent higher than in 2019 The good performance reflects how supermarkets performed well last year during the pandemic Separately, FairPrice said its rewards for Read more about Sheng Siong to Reward Staff with up to 16 months’ Bonus[…]
Businessman of the Year: Sheng Siong CEO Lim Hock Chee
WHEN Lim Hock Chee shared with his staff a vision of increasing the number of Sheng Siong supermarket outlets from the then-three to 15, some dismissed it as just big talk. But the 57-year-old businessman has not only grown the supermarket chain to the 15 outlets envisaged, but also built a business empire with 55 Read more about Businessman of the Year: Sheng Siong CEO Lim Hock Chee[…]