Phoenix Accounting Singapore Pte. Ltd.

Phoenix Accounting Singapore is an accounting and advisory firm based in Singapore, supporting local and international businesses across Asia. We have strong experience assisting Japanese companies expanding into Singapore, working closely with both local management teams and overseas parent companies.

With an extensive Asia-Pacific network and professionals familiar with Singapore and Japanese accounting and tax practices, we provide practical, end-to-end support covering business setup, accounting, tax compliance, and ongoing advisory needs. Our approach combines technical expertise with flexibility, enabling us to support clients across different stages of growth and complexity.

Phoenix Accounting Singapore is part of the Phoenix Accounting Group, a group of accounting professionals based in Japan and across Asia. In line with the internationalisation of Japanese companies, the Group continues to expand its regional presence. Each office collaborates closely to support clients both in their home country and overseas operations.

Our Strength

• Strong experience supporting Japanese companies operating in Singapore
• Professionals familiar with both Singapore and Japanese accounting and tax practices
• Coordinated support between local operations and overseas headquarters
• Practical, hands-on approach focused on compliance and business needs

Core Services

Business Expansion & Corporate Setup

• Company incorporation and structuring in Singapore
• Visa applications for expatriates and family members
• Corporate bank account opening support
• Company secretarial services and registered address
• Nominee resident director arrangements

We also advise parent companies on appropriate investment and operating structures for Singapore subsidiaries.

Accounting & Financial Reporting

• Bookkeeping outsourcing and accounting system support
• Monthly and annual financial closing
• Management and statutory financial reporting
• Consolidation package preparation for group reporting
• Accounting standards advisory and audit coordination

We regularly support reporting requirements to Japanese parent companies, including alignment with parent-company accounting policies.

Tax Advisory & Compliance

• Corporate income tax computation and filing
• GST registration and quarterly GST filing
• International tax consulting and tax treaty review
• Transfer pricing documentation support
• Tax representation and assistance with IRAS enquiries
• Personal income tax filing for expatriates and employees

Our advice considers both Singapore tax requirements and cross-border implications.

Payroll & Outsourcing

• Payroll processing for local and expatriate employees
• CPF contribution calculations
• IR8A preparation and filing
• Integrated accounting and payroll outsourcing support

Audit & Assurance Support
(Audits conducted by affiliated local audit firms)

• Statutory audit coordination under the Singapore Companies Act
• Parent company consolidation package audits
• Support for external auditors appointed by overseas parent companies

We act as a bridge between management, auditors, and parent companies to ensure smooth audit processes.

Transactions & M&A Support

M&A Advisory & Due Diligence

• Local M&A consulting for Japanese companies
• Financial due diligence for acquisitions and investments
• Financial risk assessment and reporting to parent companies

Valuation Services

• Business and share valuation
• Asset valuation for business combinations (Purchase Price Allocation)
• Valuation using Discounted Cash Flow, Net Asset, and comparable company methods
• Coordination with auditors on valuation matters

IPO Support

• Introduction and coordination with IPO advisors
• Pre-IPO audit or audit preparation support
• Internal control and governance framework development
• Prospectus preparation support (financial sections)