🌟 Elevate Your Business: Comprehensive Services by Bestar Singapore
- Roger Pay
- 1 day ago
- 4 min read
Bestar Singapore: Comprehensive Business Services
🌟 Elevate Your Business: Comprehensive Services by Bestar Singapore
Navigating the complexities of the Singaporean business landscape requires expert guidance. Bestar Singapore is your trusted partner, offering a holistic suite of financial consulting and corporate services designed to ensure compliance, streamline operations, and drive growth.
From ambitious startups to multinational corporations, Bestar provides integrated solutions that cover every crucial aspect of doing business in Singapore.
💼 Core Business & Corporate Support Services
Bestar simplifies your administrative and legal requirements with comprehensive corporate services:
Company Formation/Incorporation Services: Get your business started right with expert assistance for Singapore company registration and establishment of various legal entities.
Corporate Secretarial Services: Ensure statutory compliance with dedicated support, managing essential documentation and regulatory filings.
Compliance Services: Stay ahead of Singapore's ever-evolving regulations with specialized advisory on corporate governance and legal adherence.
Mergers & Acquisitions (M&A): Strategic consulting and due diligence to facilitate successful business transactions.
Liquidation/Company Winding Up: Professional guidance through the process of closing a business.
💰 Accounting, Tax, and Financial Expertise
Achieve financial clarity and efficiency with Bestar's professional accounting and tax services:
Accounting & Bookkeeping Services: Comprehensive support to maintain accurate financial records, including the preparation of financial statements and compilation services.
Tax Advisory & Compliance: Expert services covering corporate tax, personal tax, and Goods and Services Tax (GST), including planning and compliance filings.
Audit and Assurance: Independent financial statement audits and assurance services to meet legal requirements and provide stakeholders with confidence.
Financial Advisory: Strategic consulting, risk management, and business valuation to optimize financial health.
👥 Human Resources (HR) & Fund Services
Manage your talent and capital effectively with specialized support:
HR & Payroll Services: Outsource complex tasks like payroll processing and employee administration, allowing you to focus on core business.
Visas & Immigration: Expert application and management services for work passes, including the Employment Pass (EP) for foreign professionals.
Fund Services: Specialized solutions, including Single Family Office (SFO) advisory and audits for Fund Management Companies (FMCs).
💎 Mastering Wealth: Specialized Fund Services for Single Family Offices (SFOs) and Fund Management Companies (FMCs) in Singapore
Singapore’s status as a premier global financial hub is anchored by its robust framework for wealth and asset management. Bestar Singapore offers highly specialized Fund Services, delivering the critical compliance, advisory, and audit support essential for the sophisticated operations of Single Family Offices (SFOs) and regulated Fund Management Companies (FMCs).
Navigating the unique regulatory environment of the Monetary Authority of Singapore (MAS) is complex, but with the right expertise, it becomes a powerful advantage for wealth preservation and growth.
🏡 Single Family Office (SFO) Advisory: Structuring for Generational Wealth
The Single Family Office (SFO) is a customized vehicle for managing the wealth, investments, and philanthropic endeavors of a single ultra-high net worth family. Bestar's advisory services provide strategic support from initial setup to ongoing compliance:
SFO Structuring and Setup: Expert guidance on determining the optimal legal structure (e.g., trust, company, or combination) to align with the family’s objectives for wealth preservation, succession planning, and tax efficiency.
MAS Regulatory Compliance: Assistance with applying for and adhering to key tax incentive schemes, notably the Section 13O (formerly 13R) and Section 13U (formerly 13X) of the Income Tax Act, including local business spending and investment professional requirements.
Virtual Family Office Services: Outsourcing of crucial administrative functions, including corporate secretarial, accounting, bookkeeping, and payroll, allowing the family to focus on core investment strategies.
Tax Consulting: Comprehensive advisory on corporate and personal tax matters relevant to the SFO and its principals, leveraging Singapore's extensive network of double tax treaties.
⚖️ Audits for Fund Management Companies (FMCs): Compliance and Assurance
Fund Management Companies, whether Licensed FMCs (LFMCs) or Registered FMCs (RFMCs), operate under stringent MAS requirements concerning capital adequacy, risk management, and investor protection. Bestar provides essential audit and assurance services tailored to the asset management sector:
Independent Annual Audit: Conducting the mandatory independent annual audit of the FMC's financial statements as required under the Securities and Futures Act (SFA).
Internal Audit Arrangements: Assessing and establishing adequate internal audit arrangements to ensure the FMC’s business activities and internal controls are effective and compliant with MAS guidelines. This is crucial for satisfying the ongoing regulatory expectations for both LFMCs and RFMCs.
Regulatory Returns and Submissions: Assistance in the preparation and timely submission of periodic regulatory returns, including the required Auditor's Report (such as Form 25B for RFMCs) and Audited Financial Statements to MAS.
Compliance Advisory: Ensuring the FMC's operating model, risk framework, and business conduct adhere to the strict licensing and conduct of business regulations prescribed by the MAS.
💡 Why Choose Bestar Singapore?
Bestar differentiates itself through a combination of expertise, integrated service, and a client-focused approach:
Integrated Solutions: A seamless service model that combines compliance, accounting, HR, and advisory under one roof.
Licensed Expertise: Licensed professionals adept at navigating Singaporean statutory requirements, including work pass applications.
Commitment to Value: Focusing on value-added services and strategic advice that helps businesses grow and mitigate risk.
🎯 The Bestar Advantage: Specialized Financial Consulting
By offering a combined solution for both SFO advisory and FMC audit and compliance, Bestar Singapore provides a seamless and knowledgeable partner in the highly regulated financial industry. Their deep understanding of the MAS framework ensures that your fund structures are not only compliant but strategically positioned for sustainable growth.
Ready to streamline your operations and ensure total compliance in Singapore?
Are you looking to establish an SFO or need expert compliance support for your Fund Management Company in Singapore?
Would you like to schedule a confidential consultation with a Bestar Family Office or Assurance specialist?
🌟 Elevate Your Business: Comprehensive Services by Bestar Singapore
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