Monthly & annual P&L statements
Prepare Profit & Loss statements so management can understand revenue, expenses, margins, and overall profitability.
Singapore Accounting & Financial Reporting
Financial records built for confidence.
Full-suite SFRS-compliant statutory reporting, consolidation, and audit-ready bookkeeping for companies operating in Singapore and across the region.
Accounting & reporting mandate
From day-to-day bookkeeping to formal financial statements.
We manage your company’s accounting records with the discipline required for statutory reporting, tax preparation, audit review, and informed management decisions.
Financial statement preparation
Prepare the Balance Sheet, Profit & Loss Statement, Cash Flow Statement, Statement of Changes in Equity, and supporting notes.
Group consolidation
Combine financial information across subsidiaries while handling intercompany transactions and consolidation adjustments.
Multi-currency & cloud ERP
Support SGD and foreign-currency accounting, exchange-rate treatment, and migration to cloud-based ERP platforms.
Audit-ready bookkeeping
Maintain classified transactions, reconciliations, supporting documents, schedules, and ledgers for efficient external audit review.
ACRA-compliant XBRL
Convert applicable financial statements into the required XBRL format for filing with Singapore’s ACRA.
Why Credence
A clear financial foundation for your next decision.
Accuracy
Records that reconcile and reporting you can rely on.
Compliance
Prepared with Singapore reporting requirements in mind.
Insight
Information shaped for directors and decision-makers.
Local Representation for global entities
Offshore registered-agent services
Incorporation, legal compliance, and ongoing corporate maintenance across tax-neutral and flexible jurisdictions—helping maintain Good Standing and operational legitimacy across borders.
A coordinated mandate
Registered-agent support that keeps every obligation visible.
Offshore entities rely on a local point of contact to handle statutory records, government correspondence, filings, and document workflows. Our role is to give owners and directors one clear record across jurisdictions.
British Virgin Islands (BVI)
- Primary entity: International Business Company (IBC).
- Registered Agents hold exclusive BVI Financial Services Commission licences to incorporate entities.
- Economic Substance Declarations are filed through the RA via BOSS within six months of financial year-end.
- The RA maintains the registers of members, directors, and beneficial ownership details on secure, non-public registers.
Cayman Islands
- Primary entities: Exempted Company, LLC, or LP.
- A licensed Corporate Service Provider maintains the Registered Office and processes filings with the Cayman General Registry.
- ESN: Economic Substance Notification filed annually by 31 January.
- ESR: Required within 12 months of financial year-end for entities conducting relevant activities.
Hong Kong Company
- Primary entity: Hong Kong private company limited by shares.
- Incorporation includes a Hong Kong registered office and a company secretary who supports statutory administration.
- Annual returns are filed with the Companies Registry, generally within 42 days after the company’s incorporation anniversary.
- Hong Kong profits tax applies to profits arising in or derived from Hong Kong; accounting, audit, and tax reporting depend on the company’s activities and circumstances.
Operational services
The practical work behind good standing.
Entity governance
- Local street address
- Service of Process
- Register maintenance
Tax compliance
- BVI BOSS filings
- Cayman DITC portal submissions
- Delaware Franchise Tax
Legal document preparation
- Notarization
- Apostille under the Hague Convention
- Embassy legalization
Registered-office representation
A reliable local presence, wherever the entity is based.
We provide a valid registered physical address in Dover or Wilmington, Road Town, or George Town, supported by responsive document handling.
Service of Process
Receive, scan, and securely forward lawsuits, subpoenas, and official government letters immediately upon receipt.
Mail forwarding & virtual office
Support mail scanning, custom suite numbers, and lease agreements where a physical connection is needed for corporate banking.
Economic-substance reporting
Classify the activity, complete the filing, evidence the substance.
We assess whether an entity performs any relevant activity, coordinate annual submissions, and help qualifying active entities demonstrate local adequacy.
01 / Classification
Banking, insurance, fund management, financing or leasing, headquarters, shipping, distribution or service centres, intellectual property, and holding activities.
02 / Filing execution
Submit annual declarations to the relevant authorities, including BVI ITA and the Cayman DITC.
03 / Adequacy
Assist with evidence of adequate local employees, physical premises, and local operating expenditure.
Cross-border legalization
Apostille or embassy legalization?
Corporate documents such as Certificates of Incorporation, Good Standing certificates, and constitutional documents may need authentication before they can be used abroad.
Apostille
For signatories to the 1961 Hague Convention. A standardized certificate is issued directly by the Delaware Secretary of State or the relevant BVI/Cayman Registrar or Governor’s Office.
Embassy legalization
For non-Hague countries such as the UAE or Qatar. The process typically runs from local notary public, to the government foreign office or State Secretary, and then to the target country’s embassy or consulate.