KJ Advisory Pte Ltd

HOW WE STARTED

KJ Advisory changes how businesses in Corporate Accounting works. We transform basic traditional methods of company accounting into a whole new form of revolutionised modern industry. We provide fantastic quality of works, advocates the money behind those numbers and we value-add to your businesses growth.
KJ Advisory started in 2014 and officially incorporated in 2020.
YOU GROW YOUR BUSINESS, WE DO YOUR BOOKS

All companies incorporated in Singapore are required to comply with Singapore Financial Reporting Standards, Accounting Standards Council (ASC), Financial Reporting Standards (FRSs) and Singapore Financial Reporting Standards (International) (SFRS(I)s).
KJ Advisory as a qualified firm manages our clients books in strict compliance with statutory bodies. We provide our insights to your company's health, data support your future forecasts and excel in its direction.

MORE ABOUT US

KJ Advisory is an elite team of professionals that have been in this Corporate Accounting industry for large number of years and counting.
We are doing at what we do best. Our huge clientele base are mostly recommendations from mouth to mouth. We take pride in our work and confidentiality with our clients. We only act in the best interest of our clients.
KJ Advisory as one of the leading accounting firms in Singapore offers top notched accountant services that is second to none. Our true value lies in showcasing our challenging competitiveness in accounting support to all business sizes in Singapore. While your company continues to strive on your core goals, we strive on ours. We deliver.

BOOKKEEPING/ACCOUNTING

We offer the full complete array of accounting services that includes maintenance of general ledger, accounts payable, accounts receivables and preparation of schedules for audit and tax purposes. Depending on our clients' preferences, final accounts can be prepared on a monthly, quarterly or annually basis to suit your company's needs.
Final accounts prepared by us are in strict compliance with Singapore Financial Reporting Standards, Accounting Standards Council (ASC), Financial Reporting Standards (FRSs) and Singapore Financial Reporting Standards (International) (SFRS(I)s).
Our professional team of accountants are well versed in various accounting software used by our diverse pool of clients such as Quick Book, Sage, MYOB, Million, etc. We, as your accountant will focus on your books and grow with you.

CORPORATE SECRETARIAL

As per statutory requirements, Singapore companies are to appoint a company secretary within 6 months after its incorporation. Company Secretary carries an imperative role by making sure that the company is in compliance with the policies set by the Accounting and Corporate Regulatory Authority (ACRA) and the Singapore Companies Act. Sole Director is disqualified from filling this role. We as your company secretary will ensure that your company is up to date, all documents completed and available for timely submission. Apart from that, our professionals are also constantly updated of ever-changing policies, keeping track all time bars and avoid unnecessary expenses of penalties imposed by statutory bodies on your company.
We aim to make your business prosper. We make practical suggestions and organised problem solving approaches to every obstacle that the company faces.

TAX COMPUTATION AND TAX FILING

Tax in Singapore is categorised greatly into two main groups, Individuals for personal income tax and Corporates for company income tax. Computing Tax and filing for tax returns may be disconcerting even to the most experienced taxpayer.
KJ Advisory understands the unsettling concerns of many clients and are therefore here to take over all these responsibilities. We as your tax agent shall fully manage your Company's annual Income Tax Return, provide professional tax advisory services and make sure that every single piece of information that concerns your company in relation to Inland Revenue Authority of Singapore (IRAS) shall be accounted for. We take good pointers to every newly announced tax policies by Singapore Government’s so that your company does not miss out. We worked hard, we save smart.

HUMAN RESOURCES

Payroll outsourcing servicesare especially useful for newly established businesses, or businesses that are looking for costs effective solutions of having a competitive edge by engaging professional team to ensure compliance with regulatory requirements.
We provide professional advisory on the extensive types of employment in Singapore and we are here to assist clients in application for employment passes for foreigners working in Singapore. Passes include Employment Pass (also known as EP), Special Pass (also known as SP), Work Permits (also known as WP) and so forth, each with their own respective criteria. At the same time, it is also imperative to adhere to the Workman Compensation Act in Singapore and the Ministry of Manpower for which we will also assist our clients with the appropriate insurance policies so as to fulfil the requirements of the statutory.
KJ Advisory provides dedicated payroll services in compliance to Singapore Employment Act. Our payroll services include salary, overtime, commission, bonus and Central Provident Fund calculations, arranging payments for employees’ salaries, CPF submissions, completion of Forms IR8A and IR21 for submission to Inland Revenue Authority of Singapore, issue mandatory itemised payslips to your employees. Further services in relation to payroll includes assisting our clients in submitting claims to the various government departments for NS man reservist, maternity leave, employee ’s child care leave and so forth. We are also happy to assist our clients in facilitating investigations/queries from relevant government departments.

TAX PLANNING AND ADVISORY SERVICES

KJ Advisory’s custom built corporate tax plans and tax advisory services are designed to assist your company achieve maximised tax efficiency. You can be at ease from tax burden and instead, focus on your company operations so as to remain competitive within your respective industry.
With proper tax planningin place, your company will be in a favourable position to make adjustments to ever-revolving external situations that your company may face. Proper tax planning results in cost deducted and greater potential earnings. Increased returns to shareholders could be reinvested or expansion for the growth of your company.
KJ Advisory has provided our expertise to many companies , including local and international to satisfy mandatory compliance and maximise tax savings. We make sure that every single piece of information that concerns your company in relation to Inland Revenue Authority of Singapore (IRAS) shall be accounted for. We take good pointers to every freshly announced tax policies by Singapore Government’s so that your company does not miss out. We worked hard, we save smart. Talk to our tax experts now.

STRIKING-OFF COMPANY

KJ Advisory provides professional services in the closing (or strike off) of local companies, working along side with Accounting and Corporate Regulatory Authority (ACRA), Inland Revenue Authority of Singapore (IRAS) and other relevant government agencies.
Upon receiving an approval of a strike off, a Striking Off Notice will be sent to the company at its registered office address, to its directors at their residential addresses and to the IRAS, within 14 days of the receipt of the strike off application.
A period of one month will be given in the Striking Off Notice to anyone that may wish to raise any objection to the application. Once one month period has expired, a notification of the intention to strike off this company off the register in 60 days’ time will be made in the Government Gazette.
Any interested person can still raise an objection to the application during this 60 days period. After the 60 days have expired, a final notification will be made stating that the company has been struck-off the register. The date that the company is struck-off will also be stated in the final notification. The entire Company striking off process therefore takes about four months.
Get in touch with us today for any queries regarding striking off your company. Our fees for tax clearance to IRAS and striking off application to ACRA is only $800 nett.

INCORPORATION OF COMPANY

We perform and can assist you a 100% for incorporating your company in Singapore. Services you may need will include:
* Bank Account Opening Documents (E.g. Constitution for your business, BizFile)
* Government Incorporation Fees Registration with Accounting and Corporate Regulatory Authority (ACRA) by payment of ACRA fees
* Checking of company name availability and reservation of desired name
* Company Profile/Company Constitution (M&AA)
* Preparation of Singapore incorporation documents such as M&AA, Form 45, Form 45B etc
* Company profile/extract from ACRA with Unique Entity Number (UEN)
* Electronic Certificate of Incorporation
* Minutes of first board meeting Share certificate(s)
* Monitoring Email Reminders for Government Filing Deadlines
* Advisory for Tax and GST calcuation and submission
Our package for incorporation of company is specially priced to keep us competitive and not compromising to our quality of works. Talk to us and let's get things started.
KJ Advisory as one of the leading corporate accounting company offers a wide spectrum of bookkeeping and accounting services in Singapore. Our professional accountants will do your books and accounts in absolute fulfilment of requirements governed by Accounting and Corporate Regulatory Authority (ACRA) and Inland Revenue Authority of Singapore (IRAS). Irregardless of your company’s scale, we have customisable bookkeeping and accounting solutions that will fit your company perfectly. We will first begin with understanding your company’s goals and developing plans to achieve them accordingly.
KJ Advisory only offers the upmost invaluable knowledge inherited from this competitive corporate accounts industry. We only provide the most aggressive and most informative advisory to your company. Our transparency in pricing will leave you assured and guaranteed that no surprises or hidden charges break in along the way.
ACCOUNTING / BOOKKEEPING

It is no longer necessary like the olden days to apportion big money hiring an experienced accounting clerk. With just a fraction, you can expect us as your top notched outsourced professional accountant to deliver same services. We offer attractive packages for accounting services in Singapore, facilitating accounting needs and accounting reports on a monthly, quarterly, bi-annually and/or yearly basis. An inexhaustible list of accounting reports we provide:
* Balance Sheet
* Profit and Loss Statement
* Trial Balance
* General Ledger
* Debtors’ and creditors’ aging report
* Bank Reconciliation Statement
* Fixed assets register, and so forth.
KJ Advisory upholds highly the reputation of trust. All of our clients have faith in our long professional running history as they are assured that all information provided to us are strictly private and confidential.
We as your accountant shall be responsible for your day-to-day account maintenance, preparation of financial statements as well provide our insights to your company's health, data support your future forecasts and excel in its direction. In addition, we will also extend our services in assisting your company to submit the necessary annual audited/unaudited financial statements to ACRA and IRAS respectively.
At KJ Advisory, we work close with you on the books, accounts, reports and every single related issues.
COMPILATION OF FINANCIAL STATEMENT

Companies in Singapore are exempted from having its accounts audited if it is an Exempt Private Company with annual revenue of $5 million or less. Notably, a company no longer needs to be an exempt private company to be exempted from audit. Such companies are required to prepare unaudited financial reports yearly.
All other companies that are not exempted are required to appoint an auditor within three months of incorporation and be prepared to submit audited financial reports to ACRA. The accounts must be audited annually.
KJ Advisory provides full account services, including the preparation of unaudited financial reports for exempt companies. We also work closely with our associated audit partners in providing auditing services of financial statements in compliance with ACRA’s and IRAS’s statutory requirements.
GST & SERVICES TAX

All Goods and Services Tax (GST) registered companies are to adhere to GST rules and regulations in order to avoid penalties for non-compliance. GST is a consumption tax levied on the import of goods(collected by Singapore Customs), and nearly all supplies of goods and services in Singapore. In other countries, GST is known as the Value-Added Tax or VAT.
Should your taxable turnover exceeds SGD$1million, it is compulsory to register your business for GST. However, you may still choose to register your business for GST voluntarily if your business does not exceed SGD$1 million in taxable turnover.
Our professional team assist our clients in GST registrations and de-registrations. Here at KJ Advisory, we shall prepare and submit GST returns on your behalf to IRAS in compliance with Singapore GST Act. We shall also review the compliance data and GST returns for you, advise you on any special and complicated transactions that may require GST reporting, and liaise with the Tax Authority on your behalf.
We as your qualified accountant will guide you in reviewing of invoicing requirements and assist you in your queries pertaining to GST audits by tax authority.
CONSOLIDATED ACCOUNTS SERVICES

A financial statement reflects the financial status for all of the company’s related entities, including the original company assets. When a parent company acquires stock in a company to create a subsidiary, the subsidiary is required to maintain its own separate accounting records. Being a subsidiary, it does not operate independently. For the same reason, the parent company are required to consolidate financial statements to present its own financial operations, as well as those of the subsidiary.
In order to present accurate financial reports of the company for investors and relevant counter parties, Multi-national corporations and major Multi-national corporations in Singapore must consolidate their financial statements. Our exquisite professional accounting team provides consolidation accounting services, ensuring that your corporation’s financial statements of the parent company and the subsidiary are proper and relevant.
XBRL FINANCIAL REPORT

All companies incorporated in Singapore (unless exempted) are all required to file their financial statements with ACRA.
Companies are required to file a full set of financial statements in XBRL format, according to a Minimum Requirement List within the new ACRA Taxonomy 2013 (i.e. Full XBRL). Whether the company is solvent or insolvent, its position will determine the needs to file Financial Statement with ACRA. Solvent exempt private companies will continue to be exempted from filing their Financial Statements while insolvent exempt private companies will have the following options to file their financial statements with ACRA:
* A full set of financial statements in XBRL format; or
* A full set of financial statements in PDF with Financial Statements Highlights in XBRL format.
Our clients leaves the XBRL filing procedure to us due to its time-consuming nature, which involves studying of the system, selection of disclosures, inputing the data and tallying of information. Be rest assured and leave this hard work to us, we are an expert in this field.
DORMANT COMPANY PACKAGE

There are situations when company decides to slow the business down during its downtime and wishes to sustain the company at its minimal cost, giving company the option to recommence businesses whenever ready.
Inland Revenue Authority of Singapore (IRAS) and Accounting and Corporate Regulatory Authority (ACRA) each has its own definition for Dormancy.
IRAS’ definition as a Dormant Company
A dormant company is one that does not carry on business and had no income for the whole of the basis period even though may have expenses booked. For example, if a company did not carry on business and had no income for the whole of the basis period ending in year 2019, it will be regarded as a dormant company for Year of Assessment (YA) 2020. Dormant companies may have incurred expenses.
A dormant company must submit its Income Tax Return unless the company has been granted waiver of Income Tax Return submission.
ACRA’s definition as a Dormant company
In accordance to the Companies Act, a company is regarded as dormant when there is no accounting transaction during that financial year. The Companies Act also states the transactions which will are to be disregarded when determining dormancy:

tax mastery : Why KJ Advisory Pte Ltd Is Singapore's Premier Financial Partner

In a business environment where financial regulations change constantly and compliance requirements grow increasingly complex, finding the right financial partner isn't just a matter of convenience—it's a critical strategic decision. KJ Advisory Pte Ltd has established itself as Singapore's leading accounting and corporate services firm by consistently delivering exceptional results through innovative approaches to tax optimization, accounting excellence, and strategic business advisory. As we approach another demanding tax season, here's why forward-thinking businesses are turning to KJ Advisory for comprehensive financial solutions that go far beyond basic compliance.

The Changing Face of Corporate Taxation

The financial landscape for businesses has transformed significantly in recent months. Digital tax reporting systems are becoming mandatory across more jurisdictions, and economic substance requirements continue to tighten globally. These changes present both challenges and opportunities for businesses of all sizes.
KJ Advisory Pte Ltd has positioned itself at the forefront of these developments, offering specialized expertise that helps businesses not just comply with new requirements, but strategically leverage them for competitive advantage. Their team of seasoned professionals stays continuously updated on regulatory changes, ensuring clients never face unexpected compliance issues. With Singapore's tax framework evolving to align with international standards, KJ Advisory's deep understanding of both local and global requirements provides businesses with invaluable clarity and direction.

The Integrated Approach That Drives Success

What sets KJ Advisory Pte Ltd apart in the crowded financial services market is their uniquely integrated approach to business finance. Unlike firms that compartmentalize services, KJ Advisory offers seamless coordination between accounting, taxation, and corporate advisory services.
This integration creates remarkable efficiencies for clients, who benefit from comprehensive financial visibility that informs better business decisions. By having accounting professionals working in concert with tax specialists and corporate advisors, KJ Advisory ensures that every financial decision is optimized from multiple perspectives. This approach has proven particularly valuable for businesses with international operations, where coordinated compliance across multiple jurisdictions represents a significant challenge. The firm's holistic methodology consistently delivers not just administrative convenience but strategic advantages that directly impact profitability and growth potential.

Technology-Driven Excellence in Financial Management

KJ Advisory Pte Ltd has invested significantly in cutting-edge financial technology that transforms how businesses manage their financial obligations. Their proprietary digital platforms offer clients real-time visibility into their financial position while automating complex compliance processes.
This technological edge allows KJ Advisory to deliver services with extraordinary efficiency and accuracy. Their systems feature advanced data validation protocols and built-in compliance checks that virtually eliminate reporting errors while significantly reducing administrative burden. For businesses transitioning to digital financial management, KJ Advisory Pte Ltd offers comprehensive implementation support, ensuring smooth adoption with minimal disruption to operations. The firm's commitment to technological innovation means clients benefit from streamlined processes that free up valuable time and resources for core business activities.