Many small business owners in Malaysia choose to operate as an Enterprise (Sole Proprietorship) because it is affordable, straightforward, and easy to manage. It is often the first step for freelancers, consultants, traders, and growing SMEs.  What is often overlooked, however, is that enterprise income tax is a personal responsibility . Unlike a private limited company, there is no separation between you and your business when it comes to tax. Your business income is taxed

GST filing shouldn't just be a compliance chore—it’s a strategic cash flow opportunity. From keeping your cash 15 days longer with GIRO to navigating the S$3,000 error safety net, learn how to protect your margins and "audit-proof" your business for Q1 2026.

Most SMEs rely on multiple systems — accounting, CRM, HR, payroll, operations — but the systems rarely talk to each other. This leads to double entry, slow processes, and teams constantly chasing updates.  Connected Business Operations solves this by syncing your systems automatically, so your business runs smoothly without extra manual work. 

Singapore’s accountancy profession is at an inflection point. Once viewed largely as a compliance-driven function, it is now being reshaped by workforce constraints, technological advancement, and evolving business expectations. At the heart of this shift is a growing accountancy talent shortage in Singapore , which continues to affect organizations of all sizes—particularly small and medium-sized enterprises (SMEs).  What happens to your business growth when the 'numbers' pe

We’re proud to share a meaningful milestone in our journey — CR Consultancy has been officially recognised as an Accredited Training Organisation (ATO) by the Institute of Singapore Chartered Accountants (ISCA) .  This accreditation reflects our commitment to structured training, professional standards, and building a supportive environment for accounting talent in Singapore. What Is an Accredited Training Organization (ATO)?  The ATO status is awarded by ISCA to organization

Powered by SME-friendly solutions and PSG support   In today’s fast-moving business landscape, SMEs need more than just accounting software — they need a system that adapts to their operations, simplifies daily tasks, and supports long-term growth. That’s where Xero , combined with our customized templates, migration support, and technical assistance , makes a real difference. At CR Consultancy, we help businesses get the most out of Xero with hands-on setup, tailored configu

Running a company in Singapore involves more than just managing daily operations. Every year, all registered businesses must fulfil annual compliance requirements  to remain in good standing with Singapore authorities. These obligations ensure that your company’s financial statements, tax filings, and statutory information  are accurate, transparent, and up to date. Missing any of these deadlines can result in penalties or even company strike-off. Here’s everything you need t

Discover how strategic accounting and bookkeeping empower Singapore SMEs to make informed decisions, stay compliant, and achieve sustainable growth.

Singapore is one of the easiest places in the world to start a business — but only if you know what to do. Whether you’re a local...

For many small and medium-sized enterprises (SMEs) in Malaysia, keeping track of accounts is often one of the most time-consuming tasks....

For any GST-registered business  in Singapore, invoicing isn't just an administrative chore—it's a fundamental part of tax compliance. The Inland Revenue Authority of Singapore ( IRAS ) regularly reminds businesses that issuing the correct billing documents is crucial, especially since these invoices are the primary documents your GST-registered customers rely on to claim their input tax . Failing to comply with the invoicing rules can be an expensive mistake, potentially lea

For small and medium-sized enterprises (SMEs) in Singapore, every dollar counts. Properly claiming tax deductions and exemptions can make...

When your business appoints a   nominee director , you’re asking someone to legally represent your company at the highest level - while...

Running a small or medium-sized enterprise (SME) in Singapore is both exciting and demanding. While the main focus is often on building...

E-commerce moves fast. Customers expect seamless transactions, you’re juggling multiple sales platforms, and inventory and payments flow...

Xero has announced upcoming changes to its subscription pricing for customers. These updates will take effect from 1st of November 2025 ....

Influencer marketing has become an essential part of brand strategy in Singapore. From lifestyle bloggers to TikTok creators, influencers often receive free gifts, endorsements, or sponsored services as part of their collaborations with brands. While these may feel like perks of the job, there’s an important point to remember: free does not always mean tax-free. The Inland Revenue Authority of Singapore (IRAS) has clear guidelines on how influencer income is treated

Goods and Services Tax (GST) can be a complex area for many SMEs in Singapore. While claiming input tax is a legitimate way to recover...

Small and medium enterprises (SMEs) in Singapore are increasingly adopting digital tools to streamline their operations. One such tool...

The Johor-Singapore Special Economic Zone (SEZ) was officially announced in 2024 as a landmark initiative to deepen economic ties...