Understanding GST on Discounts and Rebates in Singapore | Bestar GST on Singapore Discounts and Rebates Understanding GST on Discounts and Rebates in Singapore Navigating Goods and Services Tax (GST) in Singapore can be tricky, especially when price reductions like discounts, rebates, and coupons enter the mix. For businesses, getting the Value of Supply right is critical to staying compliant with IRAS (Inland Revenue Authority of Singapore). Here is a comprehensive guide to

The 3-Month Fast Track: MAS Family Office Approvals in 2026 | Bestar MAS Family Office Approvals: 2026 Fast Track The 3-Month Fast Track: MAS Family Office Approvals in 2026 For the past few years, the narrative surrounding Singapore’s Single Family Office (SFO) landscape was defined by "the wait." High-net-worth families often faced timelines of 12 to 18 months to secure tax incentive approvals under Sections 13O and 13U. However, as of January 2026 , the Monetary Authority

When to Switch from "App-Only" to Audit-Ready Accounting | Bestar App-Only to Audit-Ready Accounting When to Switch from "App-Only" to Audit-Ready Accounting In the early stages of a Singapore startup, "App-Only" accounting—using a simple DIY app to track expenses and snap photos of receipts—is a rite of passage. It’s cheap, mobile, and gets the job done when your transaction volume is low. However, as you approach the April 2026 enforcement of the Corporate and Accounting L

Navigating Insurance Accounting & Tax in Singapore: A Strategic Guide | Bestar Singapore Insurance Accounting & Tax Navigating Insurance Accounting & Tax in Singapore: A Strategic Guide In Singapore’s robust financial landscape, insurance companies operate under a rigorous regulatory framework. Balancing compliance with the Monetary Authority of Singapore (MAS) while optimizing for tax efficiency requires a deep understanding of both specialized accounting standards and loca

Common Mistakes in SFRS Compliance for Growth SMEs | Bestar SFRS Compliance for Growth SMEs Common Mistakes in SFRS Compliance for Growth SMEs In the competitive Singapore business landscape, Singapore Financial Reporting Standards (SFRS) compliance is often viewed as a "back-office" chore. However, for growth-oriented SMEs, financial transparency is the bridge to venture capital, bank loans, and successful exits. This guide outlines the most common SFRS compliance pitfalls

Audit Requirements for Companies with >$10M Revenue | Bestar Audit Requirements for Companies with >$10M Revenue Singapore Audit Requirements for Large Companies In Singapore’s regulatory landscape, crossing the S$10 million revenue threshold is a significant milestone that often triggers a mandatory statutory audit. Under the Companies Act 1967 , the Accounting and Corporate Regulatory Authority (ACRA) mandates audits for companies that no longer qualify for the "Small Comp

Maximizing Growth: A Guide to Reporting on Grants and Incentive Schemes in Singapore | Bestar Reporting Singapore Grants and Incentives Maximizing Growth: A Guide to Reporting on Grants and Incentive Schemes in Singapore For Singapore-based businesses, securing a government grant—such as the Enterprise Development Grant (EDG)  or the Productivity Solutions Grant (PSG) —is a major milestone. However, the work doesn't end when the letter of offer arrives. Proper reporting and a

The Ultimate Guide to Cost-Effective Charity Audits in Singapore (2026 Edition) | Bestar How to Conduct a Cost-Effective Charity Audit in Singapore | 2026 Guide Learn how to reduce audit fees for your Singapore charity or IPC. Our guide covers CAS compliance, internal controls, and audit preparation tips to save you time and money. The Ultimate Guide to Cost-Effective Charity Audits in Singapore (2026 Edition) Cost-Effective Charity Audits Singapore For many Singaporean chari

Company Secretarial | Bestar Expert Guide to Company Secretarial Services in Singapore In Singapore’s highly regulated business environment, Company Secretarial services  are not just a legal formality—they are a strategic necessity. Whether you are a startup founder or an established SME, maintaining compliance with the Accounting and Corporate Regulatory Authority (ACRA) is critical to avoiding fines and protecting your business reputation. Why You Need a Company Secretary

Trade Union Audit | Bestar In the regulatory landscape of Singapore, Audit Guidance Statement (AGS) 5 (Revised)  serves as a critical framework for practitioners auditing entities in specific industries, including Trade Unions . The revised statement, updated to align with the Singapore Standards on Auditing (SSAs) and the Trade Unions Act, ensures that auditors provide a high level of transparency and accountability regarding the funds contributed by workers. 1. Scope and Ob

Statutory Audit in Singapore: The Definitive 2026 Compliance Guide for Companies | Bestar Singapore Statutory Audits Statutory Audit in Singapore: The Definitive 2026 Compliance Guide for Companies In Singapore’s robust regulatory landscape, a statutory audit is more than just a legal formality—it is a cornerstone of corporate transparency and stakeholder trust. Under the Singapore Companies Act , every company must prepare for an annual audit unless it meets specific exempti

Singapore PR Application 2026: The Ultimate Guide to Approval | Bestar Singapore PR Application Guide 2026 Singapore PR Application 2026: The Ultimate Guide to Approval Securing Singapore Permanent Residency (PR)  is a major milestone for many expatriates. However, with the Immigration (Amendment) Act  fully operational as of late 2025, the landscape has shifted. The focus for 2026 is no longer just on your salary, but on your long-term commitment  and social integration . 1.

Singapore Share Buyback Accounting Treatment | Bestar Singapore Share Buyback Accounting Treatment In Singapore, share buybacks are a common capital management tool used by companies to return excess cash to shareholders or to satisfy employee share schemes. The regulatory framework is governed by the Singapore Companies Act 1967  and the Singapore Financial Reporting Standards (SFRS) —specifically SFRS 32  ( Financial Instruments: Presentation ). 1. Accounting Treatment (SFR

Roger Pay: CEO Profile Roger Pay: CEO of Bestar Singapore & Gold House M&A Roger Pay: CEO of Bestar Singapore & Gold House M&A Roger Pay  is a distinguished leader in the Singaporean professional services landscape, bringing over 30 years of accounting, consulting, and strategic leadership experience to his roles. As the CEO of Bestar Singapore and Gold House M&A , Roger is the driving force behind the firm’s mission to deliver operational excellence and long-term sustainabl

Top Audit Services Singapore | Professional SME Audit Firm & CPAs Looking for affordable audit services in Singapore? We provide Statutory Audits, GTO Audits, MCST Audits, and Grant Audits for SMEs and Charities. Fast, reliable, and ACRA-compliant. Professional Audit Services in Singapore | Reliable & Affordable SME Audit Firm | Bestar Professional Audit Services in Singapore | Reliable & Affordable SME Audit Firm In Singapore’s rigorous regulatory environment, maintaining fi

Bestar Singapore Reply Appointing Company Secretary inquiry Company Secretary Appointment Inquiry Response Bestar Singapore Reply Appointing Company Secretary inquiry Subject: Inquiry: Appointment of Company Secretary – Bestar Singapore Dear Client, Thank you for reaching out to Bestar Singapore . We appreciate the opportunity to assist you with your corporate secretarial needs. In Singapore, the appointment of a qualified Company Secretary is a mandatory requirement under S

Definitive Guide to Accounting 2026 | Bestar Definitive Guide to Accounting 2026 Singapore Accounting Guide 2026 In 2026, the accounting landscape in Singapore has shifted from "periodic compliance" to "real-time transparency." Driven by stricter ACRA enforcement and the full-scale adoption of AI-enhanced filing systems, businesses can no longer rely on year-end "catch-up" bookkeeping. This guide outlines the essential standards, tax obligations, and digital requirements you

The Definitive Guide to the Best Audit Firms in Singapore (2025/2026 Edition) | Bestar The Definitive Guide to the Best Audit Firms in Singapore (2025/2026 Edition) In Singapore’s rigorous regulatory environment, choosing an audit firm is more than a compliance box-check—it is a strategic decision that affects your company's credibility, investor relations, and operational efficiency. Whether you are a high-growth startup, an SME, or a multinational corporation (MNC), the "ri

Looking for the best accounting services in Singapore? Learn about company incorporation, 30-day audits, bookkeeping, and IRAS tax compliance for SMEs. The Ultimate Guide to Accounting & Corporate Services in Singapore (2026): Scale Your Business with Confidence The Ultimate Guide to Accounting & Corporate Services in Singapore (2026): Scale Your Business with Confidence | Bestar When starting or managing a company in Singapore, compliance isn’t just a legal chore—it’s the fo

Professional Audit Services in Singapore: 2026 Compliance & Growth Guide | Bestar Ensure ACRA & IRAS compliance with Singapore’s top-rated audit services. From statutory audits for SMEs to internal risk assessments, we provide transparent, value-driven insights. Get a quote from $1,000. Professional Audit Services in Singapore: 2026 Compliance & Growth Guide Section 1: The Value Proposition Why Audit Matters Beyond Just Compliance In Singapore’s rigorous regulatory environmen