Maintaining accurate, up-to-date financial records and ensuring timely, compliant payroll administration are the bedrock of a healthy business. For Small and Medium-sized Enterprises (SMEs) and growing startups, outsourcing these functions significantly reduces administrative overhead and eliminates the risk of human error or non-compliance.
Comprehensive Bookkeeping & Financial Record Management
We manage your day-to-day accounting, transforming source documents into clear, compliant financial statements.
Data Entry & Transaction Processing: Recording all daily transactions (sales, purchases, receipts, payments) accurately into your accounting software.
Bank Reconciliation: Matching your cash records against bank statements monthly to ensure accuracy and detect discrepancies
Accounts Receivable & Payable: Managing your debtors and creditors to improve cash flow and vendor relationships.
Fixed Asset Register: Maintaining a detailed register for capital allowance purposes
GST Preparation: Compiling all necessary documentation and calculations for your quarterly Goods and Services Tax (GST) filing
Accurate bookkeeping forms the basis for legal tax minimization. We provide year-end schedules and collaborate directly with our tax accounting and planning team to ensure your tax computations maximize all available deductions and reliefs.
Compliant Payroll Administration
Payroll in Singapore involves more than just salary calculation; it requires strict adherence to the Employment Act, Central Provident Fund (CPF) contributions, and IRAS reporting.
Monthly Payroll Processing: Calculation of salaries, bonuses, and allowances for all employees
CPF Contributions: Accurate calculation and timely submission of mandatory CPF contributions to the CPF Board
IR8A Filing (Auto Inclusion Scheme – AIS): Annual preparation and submission of employee income information to IRAS (Form IR8A) under the AIS, ensuring your employees’ personal tax filings are seamless
Managing employee records, contracts, and compensation changes is often a joint effort between HR, finance, and the company secretary. We ensure our payroll services align with the employment laws and filing requirements managed by your corporate secretarial services team.
Start building a robust, error-free financial foundation for your business today
As a foreign firm we needed a safe and competent advisor to look after our affairs in Singapore. We found this in Lisa Liew and her team at PHILIP LIEW & CO. They have looked after us for many years in Singapore and will continue to do so.
Mr Guy Ioppolo
FCPA
Managing Partner
Ioppolo & Associates, Australia
I believe one of the best decisions I have ever made in my business was to engage your company’s quality, value for money services. I truly treasure you and team’s professional, responsive, responsible and yet very friendly easy-approachable support throughout. I would expect our business relationship would go a long, long way forward. Wish us all the success!
Mr Willie Wong
Co-founder
Frontken Corporation Berhad, Malaysia
Thank you so much for the wonderful job done by the auditor. We really appreciate that. They have been patient with us with explanati ons on some of the requirement (especially on the trademarks which took about half a year to claim) and the guideline that we need to follow. The auditor shows his professionalism, efficiency and accuracy in his work.
Chantel Ng
General Manager
Golden Cycle Marketing Pte Ltd
The whole audit process was very efficiently and professionally carried out by your team. From the start, your Firm gave us immediate response to our request that your Firm undertake the audit assignment. Subsequently during these 2 months you have assisted us in our numerous queries. Your auditor, Ms Philo, was quick to find out errors, mainly in some documentation translation which were properly rectified. The Statement of Claim and audit report were completed promptly within 2 weeks after we submitted the required documents. We are also grateful for your guidance to submit our claim to Enterprise Singapore subsequent to the audit.
Dan Cheng
General Manager / Director
Global B2B Pte Ltd
The fee quote was provided promptly and was reasonable to the market rate.
The staff that was handling our audit was knowledgeable about the Grant submissioan and audit requirements. They were able to advice clearly the steps required. Guidance was provided when we asked ques ons and our firm was able to complete the grant submission promptly and smoothly.
I would highly recommend Philip Liew & Co for their professional work. If I have future grants I would hope to enlist them again.
Janice Tan
Director
Tantex Pte Ltd
After the successful M&A of my previous company, I have continued to use the bookkeeping services offered by Philip Liew & Co for my new venture. I am extremely satisfied with their prompt actions especially on the part to convene crucial meetings on short notice. Jeanne and her experience team have displayed strong expertise in all accounting matters. They are a valuable partner and my confidence with them is a testament of their abilities. Cheers!
Mr Kingsley Peh
Director
NBT Asia Pte Ltd
Our company has been working with Philip Liew & Co since 2015. We engage them for accounting services, secretarial services and tax services. When we expanded our market to overseas, we were supported by grants from IE Singapore. Philip Liew & Co audited our grant claim submissions for Enterprise Singapore Grant – Global Company Partnership, and Marketing Readiness Assistant (MRA) Grant.
Throughout our relationship with Philip Liew & Co, we are impressed with their professionalism, responsiveness and quality of work. Specifically, their staff are knowledgeable in the regulatory compliance matters, and their attention to details is world class.
I strongly recommend Philip & Co for your compliance and advisory needs.
Martin Lin
Managing Director
Ingenique Solutions Pte Ltd
Philip Liew & Co has performed the audit work for below Grant submission for Enterprise Singapore Grant- Global Company Partnership, and Market Readiness Assistance (MRA) Grant
The firm has performed a good job. All the works and documents are well organised and reliable. Mirxes Pte Ltd was satisfied with the audit work that performed by the firm.
