Accounting is one of the most important parts or running a company in Singapore. One of the key persons in the management of a company is the Chief Financial Officer (CFO) who is in charge with the financial management of the company. The CFO will be responsible for maintaining accurate financial records and will report directly to the company’s directors and shareholders. All companies in Singapore have accountants filling in the position of CFOs, however in the last years due to the high volumes of work a CFO has, many businesses prefer to hire specialized firms which offer accounting services, including CFO services. The role of the chief accountant in this situation will be fulfilled by a virtual CFO.
Our company formation agents in Singapore can offer more information on how a virtual CFO can help you.
You can also watch the video below for more information on the virtual CFO services available in Singapore:
In Singapore, the role of a virtual CFO can be fulfilled by a single person or even by a company, depending on the type of services required and the size of the company. The main duty of a Singapore virtual CFO is to replace an actual accountant, therefore his responsibilities will be:
Virtual CFOs are very useful to startup companies in Singapore.
If you want to open a company in Singapore, you should know that with us you will benefit from full incorporation and accounting services. While our Singapore company formation consultants will assist you in registering the company with the Accounting and Corporate Regulatory Authority, the virtual CFO will manage the financial side of your business at competitive costs. This will also spare you the time spent on seeking for the right person to fulfill such an important position in your company. You will also benefit from accounting services tailored to the needs and size of your Singapore company.
For more information and prices related to the virtual CFO services we offer, do not hesitate to contact our team of company registration experts in Singapore.