Business Library Pte. Ltd. is a Singapore-focused business information and formation portal serving entrepreneurs, new start-ups, SMEs, business owners and foreign companies from its office at Vision Exchange, 2 Venture Drive, in Jurong East. The firm offers a complete range of professional services for setting up and managing a business in Singapore — from company incorporation and nominee director arrangements to corporate secretarial support, accounting, payroll and tax advisory.
Incorporation clients can choose between a sole-proprietorship, limited partnership, limited liability partnership or private limited company, with guidance on how each structure affects liability, taxes, paperwork and access to funding. Once a company is up and running, the team keeps it compliant: drafting directors' resolutions, holding AGMs, filing annually with ACRA, converting financial statements to XBRL, maintaining statutory registers, and handling book-keeping, unaudited financial statement compilation, payroll, CPF contributions and GST or corporate tax submissions.
Business Library describes its mission as providing these compliance solutions at an affordable price so entrepreneurs can concentrate on their core business and leave compliance issues to professionals. Its staff are recruited for competence and aptitude and hold accreditations from bodies including the Institute of Singapore Chartered Accountants (ISCA), the Singapore Institute of Accredited Tax Professionals (SIATP), ACCA and SAICSA. The firm itself is an authorised firm registered with ACRA and an approved member of ISCA. The office operates Monday to Friday, 9am to 6pm.
Business Library Pte. Ltd. is a Singapore-focused business information and formation portal built for entrepreneurs, new start-ups, SMEs, business owners and foreign companies navigating Singapore's compliance requirements. Operating from #12-03 Vision Exchange on Venture Drive in Jurong East, the firm positions itself as a one-stop compliance solution: a single team of experienced professionals who can take a business from its first registration with ACRA through years of accounting, payroll, tax and annual filings.
Singapore is well recognised as a global business hub, and Business Library's incorporation service begins before any forms are filed. The team walks clients through the four main structures available — sole-proprietorship, limited partnership, limited liability partnership and private limited company — and explains how that choice shapes ease of formation and exit, ownership transfers, taxes, personal liability exposure, paperwork and the ability to borrow. A detailed comparison table on the firm's website covers suitability, liability protection, audit requirements and tax treatment for each structure, and clients who are still unsure are invited to contact the directors, who will advise willingly.
For foreign founders, the firm also offers a nominee director service that satisfies the requirement for at least one Singapore-resident director while keeping the beneficial owners' details confidential. Do note the condition: nominee clients must also subscribe to the firm's corporate secretarial, accounting and corporate tax services.
Once a company exists, the compliance clock starts. Every private limited company must appoint a local company secretary under the Companies Act Cap. 50, and Business Library's corporate secretarial team drafts directors' resolutions, handles AGM requirements, files annually with ACRA, converts financial statements to XBRL, maintains statutory registers and minute books, and reminds directors of reporting deadlines to ACRA and IRAS.
Accounting and book-keeping can be outsourced on a monthly, quarterly or yearly basis, with group consolidation, audit schedule preparation and ad-hoc management reports also available — an alternative the firm notes saves the cost of a full-time accountant's monthly salary, CPF, bonus and sick leave. Payroll support covers salary payments, CPF contributions, annual IR8A income tax returns, IR21 tax clearance for work pass holders, and pro-rated salaries and bonuses, with sensitive payroll information kept confidential at offsite facilities.
The firm's tax practice spans personal income tax advisory, GST and corporate tax. On the GST side, Business Library advises on whether registration is required — it becomes compulsory once annual turnover exceeds S$1 million — or voluntary, in which case the company must stay registered for at least two years. It then implements GST accounting and prepares and submits returns on the client's behalf.
For companies, services include corporate tax planning and compliance, preparation and submission of Form C/Form CS computations and Estimated Chargeable Income (ECI), and liaison with tax authorities on queries. Audit-exempt companies still need a full set of financial statements, and the firm compiles these reports — complete with explanatory notes, the directors' report and statement by directors — in compliance with the Companies Act and Singapore Financial Reporting Standards.
The company describes a culture that encourages staff to love the work they do and to deliver what they promise. Team members are recruited for competence and hold one or more accreditations from bodies such as the Institute of Singapore Chartered Accountants (ISCA), the Singapore Institute of Accredited Tax Professionals (SIATP), the Association of Chartered Certified Accountants (ACCA) and SAICSA. Business Library itself is an authorised firm registered with ACRA and an approved member of ISCA.
The stated goal throughout is simple: keep compliance affordable so entrepreneurs can concentrate on their core business and leave the paperwork to professionals. The office is open Monday to Friday, 9am to 6pm, and reachable at +65 9191 7211 or info@bizlib.sg.