Family office services

Family office accounting services Singapore

Family office structures do not become organised just because the entities were incorporated properly.
Someone still has to keep the accounts clean, the records current and the year-end file ready for reporting, tax and compliance work.

Our family office services in Singapore support the finance side of the structure — from bookkeeping and management reporting to year-end coordination, tax support and ongoing 13O or 13U compliance support where relevant.

Services can include

- bookkeeping for investment holding and family office vehicles
- bank and broker statement reconciliation
- management reporting packs
- tracking dividends, interest and investment movements
- year-end close support
- financial statements preparation support
- tax computation support and filing coordination
- ECI and corporate income tax filing support
- 13O / 13U annual compliance support
- MAS annual declaration preparation support where relevant
- coordination of finance information required by tax, corporate secretarial and other professional advisers

Why clients use outsourced support

Some family office structures are too small to need a full in-house finance team but too important to leave on a casual, last-minute basis.

Outsourced support gives you a cleaner and more consistent finance process without building an unnecessary internal finance department.

Common pain points

- books updated too late
- unclear treatment of investment income and expenses
- weak year-end support schedules
- incomplete information for 13O / 13U annual requirements
- confusion over ECI, Form C or incentive-related filing positions
- information spread across accountants, tax advisers and corporate secretaries
- manual reporting that takes too long and still answers too little

The answer is usually not more complexity.
It is better records, clearer responsibilities and a more disciplined finance process throughout the year.

Keep the finance file ready throughout the year

Good family office administration should not start only when the tax return, annual declaration or year-end accounts become due.
The cleaner the records are during the year, the easier it is to prepare reliable reporting and support annual tax and compliance work.

Start with a review

If you need help reviewing your family office accounts, reporting process, tax filing calendar or 13O / 13U annual compliance information, talk to CFOSg.

For a broader overview of how the accounting and compliance pieces fit together, see our family office accounting and compliance Singapore page.