FINANCE

Financial matters are an issue of sensitivity and utmost importance. At the end of your financial accounting year, it is paramount to engage a professional service to help reconcile your bank statements, accounts receivables and accounts payables in addition to preparing accounting reports and financial statements to comply with the Financial Reporting Standards of Singapore.

• Accounting
o For clarity and transparency in your accounting, we have reliable accountants who can aid in keeping track of your finances, either quarterly, half yearly, or annually. Our services include bookkeeping for profit and loss accounts, balance sheets, cash flow statements and equity statements.

• Compilation of Financial Statements
o Adhering to corporate compliance by formulating and preparing accounting reports and financial statements according to the Financial Reporting Standards of Singapore is important when keeping updated records of your cash flow. This also provides your investors and stakeholders transparency when it comes to your finances and builds trust between the parties.

• Taxes
o Filing taxes may sometimes be a complicated and tedious process, which takes up a lot of time that could be better spent elsewhere. Gremcore provides both corporate and personal tax planning and filing services in a timely manner to IRAS. As part of our commitment to service excellence, our consultants also advise on the best ways to minimise your tax liability while still ensuring that you comply with tax regulations.

• Goods & Services Tax
o For a thorough understanding of how GST works and how being a GST registered company benefits you, speak with us. We help explain and also provide the service of completing the required registration forms, while also preparing and filing your GST returns with the Inland Revenue Authority of Singapore (IRAS)

• Corporate Finance Solutions and Business Loans
o As part of our financial solutions, Gremcore provides business loans and invoice factoring services through its associate company that are tailored to meet your business needs. Our business loans are designed to ensure that you receive a stable amount of cash flow over an agreed time period to help kick-start your company operations. Once a stable cash flow has been established, engaging in efficient and effective invoice factoring services can help free up resources, which are better utilised in other parts of the business. Contact our professional consultants to discuss how we can help devise a customised finance solution today.