Awards & Accolades Conferred:
- ENTREPRENEUR 100 AWARD 2022
- BIZCERT ACCREDITATION
- SINGAPORE SME 500 AWARD 2022
Established in 2007, Max Lewis Consultants Pte Ltd is a professional firm specializing in fair valuation of businesses, assets, equity, debt, complex financial instruments, employee share options in addition to valuing intangible assets and intellectual property. We also specialize in transfer pricing advisory, enterprise risk, fraud risk management services, incorporation, company secretarial, tax advisory work like local, international tax planning, GST ASK certification work. We are also a Registered Filing Agent with ACRA. We are BizCert accredited, winner of Singapore SME 500 Award 2022 and Promising SME 500 Award 2002.
Max Lewis Consultants Pte Ltd have been awarded the Best Business Valuation Firm 2022 at the fifth annual APAC Insider Singapore Business Awards and also winner of the Best Business Valuation Consultancy Firm of the Year Global Awards 2022/23 awarded by CorporateLiveWire.
Max Lewis Consultants Pte Ltd have been awarded the Best Transfer Pricing Advisory Specialists-Singapore at the South East Asia Awards, which is one of the awards that APAC Insider hosts and also winner of the Best Transfer Pricing Consultancy Firm of the Year Global Awards 2022/23 awarded by CorporateLiveWire.
<strong>Qualifications and Experience of our Managing Director</strong>
Mr Albert Tan Tiong Heng has over 26 years of finance, accounting, tax, legal experience. He has held CFO and head of finance positions for both private and public held companies in diverse industries. Mr Albert Tan is currently the Managing Director/CEO cum Corporate Secretary of Max Lewis Consultants Pte Ltd. He is the winner of the Entrepreneur 100 Award 2022.
Mr Albert Tan is a Fellow of the Institute of Singapore Chartered Accountants, Fellow of the Association of Chartered Certified Accountants (UK), Fellow of the Certified Practising Accountant of CPA Australia, Fellow of Chartered Institute of Management Accountants (UK), an Associate Chartered Accountant (ACA) of the Institute of Chartered Accountants in England and Wales (ICAEW), ASEAN Chartered Professional Accountant, Chartered Tax Adviser (Australia), Accredited Tax Advisor (Income Tax & GST), International Certified Valuation Specialist (ICVS) of the International Association of Certified Valuation Specialists (IACVS), ICVS-Advanced Studies in Financial Instruments, Certified Valuation Analyst (CVA) of the National Association of Certified Valuators and Analysts (NACVA), Certified Business Valuer of the Australian Valuers Institute (AVI), member of the American Society of Appraisers and Appraiser (ASA), member of the Business Valuers Association Malaysia (BVAM) and Chartered Valuer and Appraiser of the Institute of Valuers and Appraisers, Singapore (IVAS). He is a Provisional member of the Asia Pacific Institute of Experts. He also obtained the International M&A Expert credential from the Institute for Mergers, Acquisitions and Alliances (IMAA) GmbH. He holds a Masters of International Taxation, New South Wales University, MBA (Finance), Leicester University and Bachelor of Laws (Honours) from the University of London.
Albert has performed business valuation for SMEs, MNCs, government agencies, public listed companies across diverse industries both locally in Singapore and overseas for purposes of capital fund-raising, fair value measurements for financial reporting, purchase price allocation, conducted impairment analyses, valuation of employee stock options plan or scheme (ESOPs or ESOSs). He also provided valuation advisory services in connection with management buy-outs, shareholders’ disputes, assets under matrimonial proceedings, mergers and acquisitions, and valuation of intellectual property rights under Section 19B of the Singapore Income Tax Act. He specializes in valuation of a broad range of asset classes, including all types of complex financial instruments, derivatives, structured products and fixed income securities.
Max Lewis Consultants have provided its business valuation services across a wide range of sectors including manufacturing, educational institutions, coal mining, media and advertising, retail, GP and dental clinics, logistics, and technology startups.
At Max Lewis, we offer reliable transfer pricing documentation services. Transfer pricing documentation is undoubtedly very useful in keeping evidence of the history of the transactions that occur between related companies. Especially these days when transfer pricing aggression is on the rise, it is quite necessary for companies to keep track of their related party transactions. In doing so, the reviewing or investigating done by the tax authorities will go smoothly. Companies, both big and small, usually face a huge compliance burden when it comes to satisfying the tax authorities. Producing transfer pricing documentation that is not just contemporaneous but also compliant with filing regulations can be quite challenging. If your transfer pricing documentation does not comply with the OECD guidelines and local tax regulations, you are likely to incur costly penalties.
As a taxpayer, you need to decide whether you have to take any reserves for unsure tax positions on your financial statements, which can be tough to determine in the absence of knowledge and experience in transfer pricing. This is where the value of a transfer pricing consultant comes in. Transfer pricing consultants commonly understand transfer pricing risks like no one else, so hiring one can protect your company from penalties and minimise its risk of being subject to dispute or audit by tax authorities.
The danger of being investigated by the IRAS is real, and the repercussions of having mistakes or omissions detected through an audit can be expensive on the part of businesses. Aside from imposing interest and penalties, errors and omissions in tax filing can damage a company’s overall reputation. Over the recent years, the IRAS has increasingly strengthened its tracking and regulation of those taxpayers who evade tax or file incorrect tax returns by taking more serious actions and imposing heavier penalties. Therefore, it has become more necessary than ever for taxpayers to become more careful and cautious about the correctness of their tax submissions.
One of the best ways for businesses to ensure the accuracy and correctness of their tax submissions, particularly their GST, is to undertake the GST Assisted Self-help Kit (ASK).
GST ASK is an extensive self-assessment compliance package that helps businesses reevaluate the correctness of their GST submissions and identify previous errors early in order to qualify for IRAS VDP. This self-help kit may be adopted by GST-registered enterprises on a voluntary basis. However, for those businesses that are applying for or renewing a certain GST Scheme, such as Import GST Deferment Scheme, Major Exporter Scheme, or Approved Import GST Suspension Scheme, conducting GST ASK is compulsory.
We at Max Lewis Consultants Pte Ltd also deliver a great variety of other services, including business and asset valuation, local and international tax planning, and employee shares options plan (ESOP). Through our highly trusted services, we can help your business develop in the most professional and efficient way. To learn more about our breakthrough offers, do not hesitate to enquire with us today.
For more information, please visit: https://www.maxlewis.com.sg/#MaxLewisConsultants
Information published in this article are provided by MAX LEWIS CONSULTANTS PTE. LTD.