M S ONG & ASSOCIATES PAC English Title Logo

Public Accountants and Chartered Accountants

professional service

About Us

Business Performance

Time is GOLD

Business Goals

Strategy

M S Ong is a Singapore based professional firm, more than 25 years experience of professional services in assisting our client on the matters of incorporation, Companies Act compliance, Corporate tax compliance, Singapore Financial Reporting Standards compliance, strike off, payroll and other ad hoc professional services. Our office is conveniently located in Chinatown, the central of Singapore.
Our team is led by accredited and experienced professionals. Our directors are member of Association of Chartered Certified Accountants (ACCA), Singapore Chartered Tax Professionals (SCTP) and Chartered Accountant of Singapore (CA Singapore) of the Institute of Singapore Chartered Accountants (ISCA). We are a proud member of ISCA for over 40 years.

Our company is a Registered Filing Agent with the Accounting and Corporate Regulatory Authority of Singapore (ACRA), which enables us to facilitate Company incorporations, and compliance filing with ACRA on behalf of our clients.

Our Mission

To offer professional services in way of efficient, effective and quality beyond excellence.

Professional Services

Taxation

We offer tax services in Singapore, our experienced tax professionals will handle the taxes to help you save money and time. Tax services we offer include Corporate Income Tax, Personal Income Tax, Goods and Services Tax (GST), Apply Certificate of Residence, etc.

Audit

Hiring a dependable audit firm in Singapore is a significant milestone that organisations and businesses of all sizes best commit to, should you want to make certain that your financial records are done precisely and transparently.

Accounting

Every company in Singapore is required to have its accounting records and financial statements for annual filling and tax filing purposes. We aim to identify your company’s financial position, performance, and profitability.

Payroll

With the correct payroll service company, it will be a less expensive and simpler means of paying your employees.

Secretary

With the complexities of regulatory compliance, corporate governance, and administrative work, we ensure you focus on your business operation with a peaceful mind with our expert guidance and professional navigation.

Incorporation of Company

Singapore has always been the favorite investment country for companies looking to expand in the region due to its low tax rates. We provide comprehensive guides to help you in the process of starting a business in Singapore.

Company Strike Off

Our expertise and experience will ease your process of meeting every condition you must meet in accordance with ACRA. The entire process takes up to five months.

Advisory

We aimed at supporting both the startups and established companies includes business transformation, mergers and acquisition, business internationalisation and business expansion plan. Our advisory services will helps you to meet your business objective with minimal cost and effective ways.

Taxation Services

M S Ong providing taxation services for more than 25 years in Singapore, our taxation services are tailored to your specific needs based on actual conditions of your company. A tax specialist will be assigned to help you vet your business and identify beneficial corporate tax rewards. They are experienced tax experts can help you reduce your tax in Singapore by efficiently mitigating and resolving any tax issues LEGALLY. We can assist you in managing your filing and reporting duties while meeting your compliance requirements. Meet all your taxation services needs with our long experience and thorough understanding of local taxes and practices, ensuring you save your business’s resources, costs, and time.

Our taxation services include :
Company Income Tax
Goods and Services Tax (GST) filing
GST Review
Personal Income Tax
Apply Certificate of Residence
Withholding Tax Services
GST Registration
Estimated chargeable income (ECI) filing
Other Advisory Services

From $188

Audit Services

An undetected error or oversight can lead to costly consequences, diminishing profits and the reputational integrity of a company. Audit can be your strongest defense and enhance your company processes. It is one of the essential steps towards ensuring that businesses can take the necessary and effective measures as well as make well-informed business decisions. A reliable financial information on the operations so that stakeholders are able to have a better understanding of the company’s financial position and can minimise costs wherever possible.

Hiring a dependable audit firm in Singapore is a significant milestone that organisations and businesses of all sizes best commit to, should you want to make certain that your financial records are done precisely and transparently.

We are a full practising member of the Instituåte of Singapore Chartered Accountants (ISCA). We aim to ensure your business financial statements comply with the regulatory reporting requirements. It is important to seek a registered auditor when seeking auditing services from an audit firm in Singapore to ensure the accuracy, integrity, and reliability of the audit process.

Audit services that we offer include the following :
Statutory Financial Statements Audit
Interim Financial Statements Audit
Certification of Financial Information
Gross Turnover Audit
BCA Audit
Internal Audit
Grant audit
Other Special Audit

Accounting Services

It is a given that every company in Singapore is required to have its accounting records and financial statements for annual filing and tax filing purposes. An accountant accurately records and presents all financial statements and transactions. Ultimately, we aim to identify the company’s financial position, performance, and profitability.

Hiring an accountant to manage your finances is a wise decision to make the most of your resources. Our team has a thorough understanding of your entire financial accounts will be able to save you and your business a significant amount of money and time in the long run. With the professional assistance of our accountants, your company in Singapore will have proper and healthy accounting and bookkeeping records for the sake of the company’s reputation. The records help your company fulfill the compliance requirements stipulated by IRAS and ACRA. Our accounting and bookkeeping services and solutions can be scaled up and down, depending on your company’s condition. Our professional, customer-focused staff act with integrity and honesty and carefully listen to understand your financial goals and develop a plan to attain them. All of the superior accounting advice and assistance are served to you with no hidden charges, leaving you with peace of mind till the end.

Our team managing by accounting partner who are chartered accountants accredited by Institute of Singapore Chartered Accountants (ISCA) to provide you services :

Compilation Financial Statement
XBRL Financial Report
Bookkeeping Service
Setup of Accounting System
Consolidation Accounts
Dormant Company Package

From $88 per month

Payroll Services

When your business growing and your employee headcount is steadily increasing, we are here to help you manage your payroll with extreme accuracy from processing and reporting components to ensuring compliance with the regulatory requirements to calculate and pay salaries. Hence you can deploy your staff to perform higher value-added work.

With the correct payroll service company, it will be a less expensive and simpler means of paying your employees, filing your CPF and other statutory deductions in addition to performing a host of other duties.

Our payroll administration services cover :

Maintain payroll file for each employee
Computation of salary, overtime, CPF & other deductions
CPF contribution filing
Preparation of payroll report and pay slips
Submission of annual employee income declaration tax file to IRAS

From $48 per headcount

Corporate Secretarial Services

With a dedicated focus on corporate governance, regulatory compliance, and administrative support, M S Ong ensures that businesses receive expert guidance to navigate the complexities of corporate secretarial matters in Singapore.

The Singapore Companies Act requires every business owner who incorporates their company in Singapore to appoint a company secretary in Singapore within 6 months of incorporation. A company secretary must meet certain criteria including she/he must be a natural person who has his principal or only place of residence in Singapore.

MS Ong is a qualified company secretary that can handle all secretarial matters of your company and pay attention to details associated with your company administrative tasks. We gladly offer the following services that can ensure the existence of your company is under your control and comply with local Companies Act.

Appointment of company directors/company secretary/auditors
Resignation of company directors/company secretary/auditors/officers
Update in officers’ particulars
Change of company name
Change of principal business activities (SSIC Codes)
Share issuance & transfer (Ordinary & Preference)
Declaration and distribution of dividends
Change of financial year end
Change of registered business address
Filing of Register of Registrable Controllers (RORC)
Holding of AGM (Annual General Meeting) (if required) and filing of annual return
Preparation & filing of annual return
Common seal safekeeping
Other transactions will be assessed on a case-by-case basis.

From $68 per month

Incorporation of Company

Incorporation of a company is the legal process to set up a corporate entity or a company in Singapore. It is recognised by Singapore law, that the incorporated company is known as a legal entity that separates the income, assets, and liabilities of the company from its owners.

M S Ong will assist on verification of the selected business name, application of incorporation with information on business activities, vetting documents, registration of shareholder(s), director(s), and company secretary, and your company is incorporated.

Memorandum of Association and Articles documents will afterward be provided to the director(s) or person in charge of the company.

From $388

Strike Off Company

In some cases, closing your company can be a more cost-effective decision. The company striking off procedure can be as complex as setting up a new one. Thus, our company provides you with the right assistance to pass through the complexity and time-consuming process of the striking off of your company.

You can engage our company striking off service which is designed primarily to assist you to take every step of the strike-off procedure in peace of mind. With us, you can focus on more crucial matters while we are working hand in hand with the ACRA and other relevant government agencies to strike off your company legally.

Our expertise and experience will ease your process of meeting every condition you must meet in accordance with ACRA. The entire process takes up to five months.

From $888

Advisory Services

M S Ong helps our clients identify, analyze, and address any business issues to improve efficiency and provide beneficial support to adapt to changing regulatory environments. We work with you to foresee the swift, far-reaching impacts of the issues with our proven expertise and experience and offer you the best solutions possible for your conditions. We aim for your continual success in ever-changing environments.

We aimed at supporting both the startups and established companies includes business transformation, mergers and acquisition, business internationalization and below.

Payroll Services
Human Resources is a tedious procedure, but M S Ong makes it simpler through our Payroll Services offering. We go beyond just payroll, we consult on packages that you can provide to retain talent. We help your business sustain the transformational change you need so you can flourish in today’s economy.

Financial Due Diligence
Any party associated with the upcoming mergers or acquisitions must conduct a preliminary identification of the risks and opportunities of the business involved. Financial Due Diligence service is the right tool to understand the strengths and weakness of their positions in a future deal better so they can accurately structure their strategic transactions and consider predicaments that may appear due to the transactions.

Budgeting
Budgeting is one of the most important procedures in businesses. Budgeting also helps forecast future sales figures or the cash flow of the company during a certain period of time. It shows a financial representation of a company’s strategy that acts as a determinant of other business decisions. Decisions taken are vital due to their financial implications for years to come

IFRS Reporting
IFRS is crucial for multinational companies or companies that have subsidiaries throughout the globe. IFRS acts as a global language that tackles the barriers of time, language, and culture that commonly appear in an international network. IFRS makes a company’s accounts globally understandable and comparable

Corporate Tax Planning and Tax Advisory Services in Singapore
Corporate tax planning and tax advisory services have an essential role to play in any business and as a support system for the company’s continued success.
Taxes are an unavoidable part of any business. Without the proper corporate tax planning and tax advisory services, your business is exposed to several risks. These risks include:

Unexpected tax-related losses.
A lack of understanding about what the tax risks are.
Uncertainty about how to mitigate those risks.
You run the risk of not meeting your tax compliance and obligations.



Our Clients

Healthcare

Minimart

Construction

Civil Engineering

Food Distributor

FinTech

Semiconductor

Investment Company

Hotel & Resort

Landscape

Motoring Retail

e-Commerce

REITS

Luxury Retail

Contact Us

Blk 531 Upper Cross Street,
#04-09 Hong Lim Complex,
Singapore 050531

Operating hours
Monday to Friday
9:00am to 6:00pm

‍+65 8686 7198‍