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Unlocking Clarity: Your Frequently Asked Questions Answered
Explore Comprehensive Answers to Common Queries and Business Operations in Singapore
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Business Bank Account
Visas
- What should I do if I am unable to locate my candidate’s qualification in the Self-Assessment Tool (SAT) or the work pass application form?
- Is a foreigner required to apply for an EP if he is registered as a director of a company in Singapore but is not a resident of Singapore?
- Can I apply for permanent residency in Singapore if I have an Employment Pass?
- Is the existing pass automatically cancelled if an EP holder changes jobs?
Corporate Secretary
- For an existing company with an accumulated loss on the balance sheet but a profit in the current year. Will they be able to pay themselves a dividend?
- How to switch do I Xerosoft’s company secretary services?
- What are company secretarial services?
- What is the function of a Corporate Secretary in Singapore?
Accounting
- What are the typical filing requirements for a Singapore-incorporated entity?
- What should you do once your company is GST registered?
- If my company reaches more than $1 Million in revenue but this revenue is generated offshore do I need to register for GST?
- What can I expect if I use Xerosoft’s outsourced accounting services but my accounts are a mess?
Business Bank Account
Visas
- What should I do if I am unable to locate my candidate’s qualification in the Self-Assessment Tool (SAT) or the work pass application form?
- Is a foreigner required to apply for an EP if he is registered as a director of a company in Singapore but is not a resident of Singapore?
- Can I apply for permanent residency in Singapore if I have an Employment Pass?
- Is the existing pass automatically cancelled if an EP holder changes jobs?
Corporate Secretary
- For an existing company with an accumulated loss on the balance sheet but a profit in the current year. Will they be able to pay themselves a dividend?
- How to switch do I Xerosoft’s company secretary services?
- What are company secretarial services?
- What is the function of a Corporate Secretary in Singapore?
Accounting
- What are the typical filing requirements for a Singapore-incorporated entity?
- What should you do once your company is GST registered?
- If my company reaches more than $1 Million in revenue but this revenue is generated offshore do I need to register for GST?
- What can I expect if I use Xerosoft’s outsourced accounting services but my accounts are a mess?
Client Success Stories
Transformative Accounting Services That Propel Businesses to New Heights!

“Peterson Ventures has experienced significant growth, thanks to the comprehensive accounting support from Xerosoft. Their team seamlessly manages our financial records, allowing us to focus on expanding our business. The personalized attention we receive, coupled with their commitment to excellence, has made them an indispensable part of our journey.”
Mark Peterson
Owner, Peterson Ventures

“As the CFO of a multinational corporation, I appreciate the depth of knowledge and professionalism Xerosoft brings to the table. Their accounting services go beyond the numbers, offering strategic financial planning that aligns with our global business objectives. Their dedication to accuracy and timeliness has elevated our financial management to new heights.”
Linda Rodriguez
CFO, GlobalTech Enterprises

“Running a creative business like Davis Design Studio requires a partner who understands the nuances of our industry. Xerosoft not only meets our accounting needs with precision but also brings a creative approach to financial management. Their team’s responsiveness and attention to detail make them an indispensable asset to our operations.”
Michael Davis
Founder, Davis Design Studio

“Choosing Xerosoft was one of the best decisions for Thompson Innovations. Their accounting services have been a cornerstone of our financial success. From precise bookkeeping to strategic financial planning, their team’s expertise has provided invaluable insights. They’re not just accountants; they’re trusted financial advisors who genuinely care about our company’s growth.”