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Updated by Lee and Hew on Feb 19, 2019
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Lee & Hew Public Accounting Corporation

Lee & Hew Public Accounting Corporation is a specialist organisation focused in providing premium One-Stop Services in Assurance & Regulatory Compliance, and Financial & Risk Advisory. Our expertise include Financial Services, Funds & Investment Companies, Insurance, Shipping, Real Estate, Manufacturing, Group Audits and Group Reporting, Consolidation and Business Combinations to name a few.

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Accounting Services in Singapore

Accounting Services in Singapore

Although compliance costs is one of the lowest to incorporate a company in Singapore, accounting services in Singapore is absolutely necessary, regardless you are a small business or a multi-national corporation.

The value of accounting services is not just limited to compliance with Singapore regulations and group reporting, but its deeper purpose includes supplementing owners and management with new insights of their business’ performance, and potential insights into areas where performance can be enhanced.

That is where Lee & Hew makes the difference. Lee & Hew accounting services in Singapore are provided by our highly trained and qualified accounting professionals. We work with you and your team closely and clients can always expect better advice, and in unfortunate circumstances, to also raise potential red flags so you can nip any problems in the bud. Lee & Hew accounting services in Singapore essentially helps you save valuable time and money and definitely,undesirable surprises.

The common view for business owners, big or small, towards accounting services, and especially accounting services in Singapore, are commonly “I can just hire a book-keeper to do the same work for a fraction of the price”.

This is a very valid view because as business and Company owners and management, costs forms the base of the Company’s profits and profits is the key reason towards a Company’s existence.

Unfortunately, the accounting standards in Singapore (or Singapore Financial Reporting Standards), which all businesses or Companies in Singapore need to comply with, have become very advanced or different from the past. To illustrate:

With the new FRS115 on Revenue that has come into effect on 1 January 2018, a $100 “Sale” of goods or services may not be accounted for as a Sale in full, due to many reasons such as attaching terms and conditions such as warranty, services to be provided over a period of time and etc. Actually, it takes 5 steps or more to decide whether this $100 is a “Sale” in accordance with FRS115.

The next question is,if this $100 of “Sale” cannot be recorded in full in accordance with the Accounting Standards in Singapore, then what happens to my profits? Yes, you are right, Sales will decrease, and profits will decrease.

Despite having complex accounting standards to comply with and which can affect your business performance, Lee & Hew believes that Business and Company owners and management should stay focused in what they do best,which is to expand and grow their companies and business. Leave the accounting standards and complexity to Lee & Hew. Let Lee & Hew supplement your business acumen with our expertise in numbers and standards.

Lee & Hew Accounting Services Singapore,We have extensive experience working with both Small and Large Companies, Business and Groups from various industries. Be it providing accounting services in Singapore (comprising full sets of accounts) or providing additional support to existing finance and admin teams, Lee & Hew’s qualified accountants are equally adept at it. Let Lee & Hew work with you to bring your business to the next level. To get Free Quotation From Our Certified Accountants Please contact Us

Contact :

Lee & Hew Public Accounting Services

Address: 160 Robinson Rd, #18–09 SBF Center, Singapore 068914

Email : enquiries@leeandhew.com.sg

Website : www.leeandhew.com.sg

Phone: +65 6817 6699

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Accounting Firm in singapore

Accounting Firm in singapore

Lee & Hew is a Singapore Partner of ETL Global and a full-serviced professional services provider focused in delivering Trust to the market through our focus in quality. Together we have over 1,000 professional firms worldwide in all continents to assist you – wherever you are.

Lee & Hew’s offices are strategically located in the CBDs of both Singapore and Kuala Lumpur, Malaysia.

Lee & Hew Public Accounting Corporation is a specialist organisation focused in providing premium One-Stop Services in Assurance & Regulatory Compliance, and Financial & Risk Advisory. Our expertise include Financial Services, Funds & Investment Companies, Insurance, Shipping, Real Estate, Manufacturing, Group Audits and Group Reporting, Consolidation and Business Combinations to name a few.

Lee & Hew’s Assurance and Regulatory Compliance solutions include Audit & Assurance, Accounting, Tax Advisory and Company Secretary services. Our Company Secretary Services include Company Incorporation and a full suite of solutions to comply with all applicable laws and regulations.

Lee & Hew Financial & Risk Advisory Practice offers a full suite of Expansion and Growth solutions including Business Process Re-engineering, Mergers, Acquisitions and Transactions, Technology Assurance and etc.

**Our Core Values and Credentials

Our Core Values**

In Lee & Hew, we believe that our Core Values define who we are, and we, Lee & Hew adheres to the highest level of conduct possible.

This is because we believe the Market does not deserve anything less.

Our Credentials

Lee & Hew’s recognitions and affiliations places Lee & Hew at the forefront of regulations and standards. Coupled with our industry expertise and experience, you can count on Lee & Hew to provide you with cutting- edge solutions and advice to developing issues and concerns.

Lee & Hew’s recognitions and affiliations underscores our team’s capabilities and expertise in serving you, and our relentless pursuit for excellence.

Contact :

Lee & Hew Public Accounting Services

Address: 160 Robinson Rd, #18–09 SBF Center, Singapore 068914

Email : enquiries@leeandhew.com.sg

Website : www.leeandhew.com.sg

Phone: +65 6817 6699

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Tax services in singapore

Tax services in singapore

Your Challenges
The political landscape and recent developments in International Taxation has made both local and international Tax Compliance more challenging. You realise that the Tax Regulatory Authority in where you are operating in has become more willing to impose penalties for unintended non-compliance with Tax Regulations which leads to higher costs.

Your Needs
In the current landscape, you want to know the tax implications of the Transactions you are undertaking because that will eventually affect your financials – on your Company, Business and on a Personal Level. This is even more when you operate from different countries or you want to expand your operations globally.
**
Lee & Hew’s Specialist Tax Solutions**
Lee & Hew’s team of Tax Specialists,Tax Services in Singapore understands your business and your concerns and offers tailored solutions that meet your objectives. The suite of solutions that we offer include:

•Corporate Tax Advisory (International & Local)
•Goods & Services Tax / Value-Added Tax
•Tax Compliance
•Tax Accounting
•Transfer Pricing
•Global Personal Tax

Contact :

Lee & Hew Public Accounting Services

Address: 160 Robinson Rd, #18–09 SBF Center, Singapore 068914

Email : enquiries@leeandhew.com.sg

Website : www.leeandhew.com.sg

Phone: +65 6817 6699

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Bookkeeping Services

Bookkeeping Services

Singapore Bookkeeping Services
It is safe to say that you are searching for financially savvy yet great quality Bookkeeping Services Singapore? Your hunt closes with Lee and Hew Public Accounting Corporation. Our group contains experienced CPA, who guarantee that the customers get amazing Bookkeeping Services at the most minimal cost conceivable. As such, customized and redid accounting bookkeeping administrations, where you pay for what you get. No covered up or shock expenses is acquired or complex packages are charged.
Lee and Hew Public Accounting Corporation is a main Singapore organization giving great quality bookkeeping Services. Accounting Service is a monotonous work requiring orderly execution, which, in the long run aides in smooth running of the organization. With expert accounting and Bookkeeping Services, it becomes easier to track sales, purchase orders, inventory, employee records, employment data and lot more. There are numerous lawful viewpoints related with Bookkeeping Services in Singapore.
Lee and Hew Public Accounting Corporation conveys a wide scope of bookkeeping Services expected to keep up the pivotal records for the organizations in Singapore. All yearly record articulations must be submitted by ACRA and IRAS norms. With our accomplished and committed group of experts, our Bookkeeping Services Singapore will deal with your records according to the required norms set forth by corporate administering specialists. We will endeavor to give the best bookkeeping Services.
Why pick Lee and Hew Public Accounting Corporation for Bookkeeping Services?
Since its beginning in 2013, Lee and Hew Public Accounting Corporation is appreciating a reliable development in view of its fulfilled clients. We offer bookkeeping and fund, and Bookkeeping Services Singapore at sensible rates. Numerous national and worldwide demographics have profited from our altered Bookkeeping Services.
Lee and Hew Public Accounting Corporation while filling in as expert firm offering Bookkeeping Services in Singapore, guarantees your records are very much kept up, which spares time and accordingly expands profitability of your business. Lee and Hew Public Accounting Corporation conveys predictable and undeniable administrations, with the goal that your psyche is free to do the genuine work of the organization.
Singapore Bookkeeping Services Provided by Lee and Hew Public Accounting Corporation
• Preparation of benefit and misfortune explanations and accounting reports
• Fixed Assets Ledger
• General Account Filing
• Bank compromises
• XBRL explanations arrangement
• Cash Flow Statements
• Financial Analysis for week after week, quarterly, month to month, yearly periods
• Singapore Financial Reporting Standards (SFRS) Services
• Preparation of executives' report
Advantages of Appointing LEE and HEW PUBLIC ACCOUNTING CORPORATION as Your Bookkeeping Service
• As a piece of our Bookkeeping Services, we give XBRL recording administration utilizing the new XBRL definitions as ordered by the ACRA
• Up scaling and down scaling of our Bookkeeping Services to adequately meet your volume of money related exchanges
• Our exact and effective Bookkeeping Services make your statutory consistence simple
• Your information stays with Lee and Hew Public Accounting Corporation, a chief Bookkeeping Services. We protect your information and make it accessible to you, at whatever point it is required
• We give counseling administration to touch base at the most reasonable arrangement for your developing business
Lee and Hew Public Accounting Corporation Offers Standard Bookkeeping Services in Singapore
Aside from offering stringent and moderate Bookkeeping Services expenses Singapore, we give convenient administrations, so our customers can design systems to proceed onward in business. Our capable bookkeepers will work for you to accomplish the equivalent. As a piece of our Bookkeeping Services, we will delegate a records administrator for your association who will work for you on coordinated premise, so as to comprehend your record needs.
We trust that consumer loyalty is the best generally need! Get in touch with us for Accounting and Bookkeeping Services!

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Accounting services

Accounting services

Accounting Services Singapore: Make your numbers count with Lee and Hew Public Accounting Corporation

Procuring Accounting Services Singapore for a small business a pointless consumption? From the entrepreneur’s point of view, doing their business’ accounts themselves or without a qualified accountant, can probably save them a couple of dollars. Nevertheless, the question is this, "Is it really worth it?" An unintentional slip-up in the records, prompting the business being questioned by ACRA (Accounting and Corporate Regulatory Authority) or IRAS (Inland Revenue Authority of Singapore) for not complying with regulations is not welcome at all for any startup or independent company. An accounting firm in Singapore like Lee & Hew Public Accounting Corporation ensure that you stay compliant.

Why Lee & Hew for Startup or Small and Medium Enterprises (SMEs):
All startup or Small and Medium Enterprises (SMEs), no matter the size – whether it’s a one person company or a 50 person company, the last thing that the Company will need is to be questioned or audited by the regulators because Bosses will always have their plates full. Surely, we will not want to be further burdened by less than ideal work performed by anyone – which can expose the Company to penalties. Enlisting one of the best provider for Accounting Service Singapore like Lee and Hew Public Accounting Corporation will emerge as a great decision.

What benefits does Lee & Hew offer to Accounting and Singapore Business Owners

Doing Accounting work is never meant for business owners, although business owners do critically need this for analyzing or for compliance purposes. Business owners are experts in growing their businesses. The Accounting work are meant for qualified Accountants.

However, qualified Accountants with all the right attributes do not come cheap, and Business Owners may not have that much to fully occupy the qualified Accountant – this means the Business Owner is buying excess capacity which they do not need – a wasteful venture for the Business Owner and the Company. Not only that, in a landscape where accounting standards are constantly changing and evolving, precious resources have to put into to train the Accountant – meaning additional costs. After that, if we factor in another undesirable possibility – Staff Turnover, then hiring an internal in-house Accountant is an overly risky venture.

Engaging a top professional Accounting Specialists such as Lee & Hew Public Accounting Corporation, which are experts in numbers offers tremendous value to Business Owners and the Company. It literally means all of the above problems are eliminated and it comes as a fraction of the Costs that the Business Owner and the Company. We care about our clients and we ensure that they are well-looked after.

*Accounting Services for Small Business Singapore *
We are Lee & Hew Public Accounting Corporation, and we are experts in numbers. As one of the best accounting services Singapore provider, we offer tremendous value to Business Owners and the Company and eliminates all of the problems associated with hiring an in-house accountant – all for a fraction of the Costs. We care about our clients and we ensure that they are well-looked after.

Some of the services we provide include:

•Maintenance of Full Set of Accounts
•Maintenance of Partial Accounts
•Financial Statements and Annual Reports Compilation and Preparation
•Consolidation or Consolidated Accounts
•Preparation of Cash flow Statements (Consolidated or Company Stand-Alone)
•XBRL Preparation
•Singapore Financial Reporting Standards Advisory
•Preparation of Director’s Report
•Financial Analysis for weekly, quarterly, monthly or annual frequencies

Indeed, make your Make your numbers count with Lee and Hew Public Accounting Corporation, and get the most value of every dollar you spend on Accounting.
Get a free Quotation by our Chartered Accountants to get started with our Services.

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Accounting & Bookkeeping Services in Singapore

Accounting & Bookkeeping Services in Singapore

Why Lee & Hew for Accounting and Bookkeeping Services?
Accounting and bookkeeping services matters, regardless of whether your company is a small and medium enterprise or a multinational corporation. So Lee & Hew ensures you get our best people to work on your accounting and bookkeeping engagements. Lee & Hew painstakingly ensure that our colleagues and experts are knowledgeable and experienced so as to work with you to realize your Company’s potential with our common objective of being successful together. We are focusing on providing quality services with reasonable costs, and our approach over providing accounting and bookkeeping services are anchored on Singapore regulatory and compliance requirements and standards.

Cash is King. Cash is akin to water for companies and businesses. It lubricates the Company and provides critical resources for survival – regardless of whether it’s a Company or Business incorporated or registered for profits, or a non-profit organization with respectable objectives. Failure to keep track of the financial health or numbers of any organisation inevitably puts the Company at risk unnecessary risks. Lee & Hew puts that kind of risks away from you. We know the numbers, and knows what these numbers mean to you because we crunch the numbers and we analyse them. The results may confirm your suspicions, or it may provide surprises or it offers insights. But regardless of what it turns out to be, Lee & Hew provides you confidence to push ahead, or pause for a rethink. That is the type of value Lee & Hew’s accounting and bookkeeping services provides.

Every company and business is different and Lee and Hew understands your needs and hears your needs. In the accounting and bookkeeping services provided by Lee and Hew we make sure that you realise all the benefits of having a qualified accountant or accounting expert with a fraction of the cost. We are committed to providing you with quality accounting and bookkeeping services and is truly the accounting and bookkeeping services provider that you can trust. Let Lee & Hew assist you today.

Lee and Hew Accounting Services:

•Financial Statements and Annual Reports Compilation and Preparation
•Preparation of Cash flow Statements
•Consolidation or Consolidated Accounts
•XBRL Preparation
•Singapore Financial Reporting Standards Advisory
•Preparation of director’s report
•Maintenance of Full Set of Accounts
•Maintenance of Partial Accounts
•Financial Analysis for weekly, quarterly, monthly or annualfrequencies

Lee and Hew Bookkeeping Services:

•Maintenance of Full Set of Accounts
•Maintenance of Partial Accounts
•General Ledger Maintenance
•Maintenance of Balance Sheet Schedules and more

Why Lee and Hew?

•Quality Services
•Quality People
•Reasonable cost
•Customized solutions
•We are trusted business partners of many established clients

Lee & Hew Solutions
Some of the Solutions we provide are:

Finance – Accounting & Book-keeping
•Accounting & Book-keeping
•Financial Statements Preparation/ Compilation
•Consolidation Financial Statements Preparation/ Compilation
•Liaison with Auditors

Company Secretarial
•Company Incorporation
•Business set-up
•Providing Qualified Company Secretaries
•Providing Qualified Nominee Directors
•Providing Registered Address & Virtual Office Solutions
•XBRL Preparation & Filing
•Preparation of Resolutions
•Company’s Act Compliance Advisory

Human Resource & Payroll
•Recruitment
•Application of Employment Passes & Work Permits
•Application of Dependent Passes
•Payroll Processing
•Administration of Benefit Plans
•Submission of Contributions to Defined Contribution Plans (including CPF)
•Preparation of Payroll Taxation Documents
•Others

Others
•Business Closure – Liquidation, Strike-Off, Winding-Down etc
•Others

Contact :

Lee & Hew Public Accounting Services

Address: 160 Robinson Rd, #18–09 SBF Center, Singapore 068914

Email : enquiries@leeandhew.com.sg

Website : www.leeandhew.com.sg

Phone: +65 6817 6699

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Company Incorporation Singapore

Company Incorporation Singapore

Why Singapore is crucial for your expansion plans
SINGAPORE – GATEWAY BETWEEN ASIA AND THE REST OF THE WORLD
Company Incorporation Singapore,Singapore is a unique blend of east and west, with an open and efficient business environment contrasted against a backdrop of Asian culture and heritage. Ideally positioned to foster cultural, economic and academic exchanges, it is the gateway between Asia and the rest of the world.

The non-uniformity of commercial systems and regulations in Asia foretells a growing need for business solutions attuned to Asia’s needs. Recognizing the need to stay ahead of demand, Singapore is taking proactive steps to anchor thought and practice leaders in the professional services industry.

AGGREGATING DEMAND FOR PROFESSIONAL SERVICES
Singapore’s cosmopolitan talent pool, diversified business landscape and trusted legal and political framework make it a great base for professional services firms to create innovative solutions for future business needs.

INTERNATIONAL HUB FOR BUSINESS
Singapore is host to MNC’s from wide-ranging industries and geographies. According to the World Bank’s “Doing Business 2012” report, the nation was ranked as the easiest place in the world to do business for the sixth year running and this is attested by the wide-ranging industries based here. Singapore’s strategic location offers companies enhanced market access in terms of physical connectivity and also through an extensive network of International Agreements. Singapore’s pro-business environment is further bolstered by a robust financial sector. In fact, 44 per cent of companies have substantial APAC headquarters located in Singapore. Emerging Asian MNCs that are starting to make their mark globally are also using Singapore as a springboard for growth.

Singapore’s sophisticated base of MNCs centre high value-add activities such as IP and brand equity management, M&A and IPOs here, aggregating a strong demand for professional services firms.

MAGNET FOR TALENT
Beyond being a great place to do business, Company Incorporation Singapore,Singapore is a safe, fun and increasingly vibrant place to live in. While it boasts a well-educated and highly skilled population, it is proactive in its efforts to augment its workforce. Singapore has been identified as Asia’s best place to work in (World Economic Forum, The Global Competitiveness Report 2011-2012). This is exemplified by the establishment of Contact Singapore, which aims to draw global talent to work, live and play here. Singapore also draws in leading industry experts by hosting international events such as the World Economic Forum, as well as the World Cities Summit in 2012.

Singapore’s workforce has been recognized as the best in the world, according to the Business Environment Risk Intelligence’s 2011 Labour Force Evaluation Measure report. Its open policies to high-end professionals entails that businesses can easily and effectively tap on the global talent pool.

LAUNCH PAD FOR PAN-ASIAN SOLUTIONS
With its multicultural society and diversity of industries, Singapore is in many ways a microcosm of Asia. It is a good test-bed for innovative business solutions tailored to Asian needs. The large presence of MNC headquarters enables Singapore to be a launch pad for these innovations to reach all parts of the globe.

Consistently ranked as having the most protective IP regime in Asia since 1997 by the Political and Economic Risk Consultancy, Singapore is a credible repository of knowledge. It is an ideal place for professional services firms to collaborate with prestigious universities to conduct pioneering R&D and translate insights gained into practical and relevant solutions.

FACTS AND FIGURES
A strong base of MNCs from a wide-ranging industries and geographies has established regional or global headquarter functions in Singapore, aggregating sophisticated demand for Professional Services.
Singapore’s labour force ranks No.1 in the world (BERI, 2011 Labour Force Evaluation Measure report).
Singapore continues to top the ranking as the best place to live for expatriates in Asia (The Global Competitiveness Report 2011-2012, The World Economic Forum).
Singapore’s legal and regulatory framework has been ranked second in the world, and has been recognized for maintaining the most protective IPR regime in Asia (The Global Competitiveness Report 2011-2012, World Economic Forum).
The number of international cases administered by arbitral institutions in Singapore has more than doubled over the past five years (SIAC Annual Report, 2011).
Singapore is a hub for creativity, with 14 of the top 15 global communications services agencies networks (ranked by Adage) having their regional hubs here. Since September 2009, Singapore has been hosting Spikes Asia, the 1st Asian Advertising Festival to celebrate and inspire Asian creativity in advertising. The Festival provides Asia’s growing creative and advertising industry with a platform to network and exchange ideas, bringing together some of the finest creative thinkers from across the region and around the world.
Lee & Hew Public Accounting Corporation is a specialist organisation focused in providing premium One-Stop Services for businesses and individuals to start in Singapore.

Our range of services includes Company Incorporation, International and Local Tax Compliance/ Advisory, Accounting, Audit & Assurance, as well as Financial & Risk Advisory.

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Accounting Firm in Singapore

Accounting Firm in Singapore

Lee & Hew is a full-serviced professional services provider focused in delivering Trust to the market through our focus in quality.

9

Accounting & Bookkeeping Services Singapore

Accounting & Bookkeeping Services Singapore

Why Lee & Hew for Accounting and Bookkeeping Services?
Accounting and bookkeeping services matters, regardless of whether your company is a small and medium enter link description hereenterprise or a multinational corporation. So Lee & Hew ensures you get our best people to work on your accounting and bookkeeping engagements. Lee & Hew painstakingly ensure that our colleagues and experts are knowledgeable and experienced so as to work with you to realize your Company’s potential with our common objective of being successful together. We are focusing on providing quality services with reasonable costs, and our approach over providing accounting and bookkeeping services are anchored on Singapore regulatory and compliance requirements and standards.

  • Who is Lee & Hew?
    Lee & Hew is a Singapore Partner of ETL Global and a full-serviced professional services provider focused in delivering Trust to the market through our focus in quality. Together we have over 1,000 professional firms worldwide in all continents to assist you – wherever you are.

    Lee & Hew’s offices are strategically located in the CBDs of both Singapore and Kuala Lumpur, Malaysia.

    Lee & Hew Public Accounting Corporation is a specialist organisation focused in providing premium One-Stop Services in Assurance & Regulatory Compliance, and Financial & Risk Advisory. Our expertise include Financial Services, Funds & Investment Companies, Insurance, Shipping, Real Estate, Manufacturing, Group Audits and Group Reporting, Consolidation and Business Combinations to name a few.

    Lee & Hew’s Assurance and Regulatory Compliance solutions include Audit & Assurance, Accounting, Tax Advisory and Company Secretary services. Our Company Secretary Services include Company Incorporation and a full suite of solutions to comply with all applicable laws and regulations.

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