We moved our office from Cross Street to Wilkie Edge in the colourful Arts Hub amidst the grey economic gloom that greeted 2009. A fund-raising drive titled 'Colour Lives' was initiated in conjunction with our new office opening, which was graced by more than 500 guests on 10 February. We are indeed grateful to all our clients and business associates who turned up, and to those who supported our charity drive to donate money to the School Pocket Money Fund (SPMF) in lieu of congratulatory bouquets. With CLSF matching dollar for dollar, a total of $103,838 was raised which we hope helped colour the lives of beneficiaries under the SPMF.

With a brighter economic outlook in the horizon, we have chosen to greet 2010 with more cheer and colours in our 2010 calendars, simply themed "Hello". Started 7 years ago as our way of thanking clients and business associates for their support, the limited edition and functional calendars featuring 'good days for business' have been perennial favourites of our clients for years. Clients who need more may request from the CLSF personnel who serve you, subject to stock availability.

The tax division of Chio Lim Stone Forest (CLSF) has again made it to the ranking of the leading tax firms in Singapore in "World Tax 2010", a Euromoney guide to the world's leading tax firms. A total of 11 firms are ranked and CLSF is the only accounting firm outside the Big 4 in Singapore in the list, the rest being the Big 4 and leading law firms.

The ranking was done by the editorial team at the International Tax Review, based on extensive surveys with corporate tax directors and advisers. Firms are not allowed to be recommended by their own advisers or pay to be included in the listing. Find out more >>

Chan Weng Keen	Choo Tsun Mun	Eu Chin Sien	Dick Nijdam	Akiyo Yamamoto
Audit Partner	Director, Audit Services	Director, GST Services	Director, Tax Advisory	Senior Executive, Japanese Desk

Audit & Tax
The audit and tax capabilities in RSM Chio Lim receive a boost with the addition of 4 senior personnel in 2009 - Weng Keen, Tsun Mun, Dick and Chin Sien.

Chan Weng Keen and Choo Tsun Mun, each with more than 16 years' experience in audit, joined as Audit Partner and Audit Director respectively. Weng Keen was a partner in a Big 4 firm in China before he joined RSM Chio Lim, where he is also a partner in the China Practice Group, while Tsun Mun doubles up as Technical Director to strengthen our technical expertise that is currently headed by Chairman Kaka Singh.

Chin Sien has more than 12 years' experience in GST. She was the Senior Tax Auditor with the IRAS and a Senior Manager with PwC before she joined RSM Chio Lim to head the GST division. Her experience from the regulatory and advisory perspectives positions her well to guide businesses on GST treatment and application on complex business transactions.

Dick Nijdam joined RSM Chio Lim to spearhead the international tax division. Prior to this, he was the Asia Pacific Regional Tax Director of a Big 4 firm in Hong Kong and a Senior Manager in international tax with another Big 4 firm in Russia. Dick holds Masters degrees in Civil and International Law as well as in Tax Law. He speaks fluent English and moderate German and Russian.

Whistleblowing Service
Our independent and confidential subscription-based whistle blowing service offers corporates a low-cost deterrent to improper conduct or irregularities and early warning to frauds, thereby reducing the overall risk to the organisation that may result in financial loss. Read more >>

Technology Risk and Information Management Services (TRIMS)
The pervasive use of technology in business brings with it various risks that may disrupt or cripple business operations, leading to financial and non-financial loss. The Technology Risk and Information Management Services (TRIMS) help to protect and strengthen such technological tools deployed by businesses, meet regulatory requirements and ensure business continuity. Read more >>

RSM Chio Lim hosted our counterparts from RSM China for a week in October in the latter's debut Leaders' Meeting outside China. The team comprising leaders of the various offices across China was led by its senior leadership from the Beijing headquarters. The team's mission was to learn about the structure and businesses of the Singapore's office, in response to China's call for its enterprises to internationalise. The leaders also held exchages with officials from International Enterprise Singapore, the Economic Development Board, ACRA and the SGX.

RSM China is one of the newest member to the RSM network. It is the largest CPA group outside the Big 4 in China, with more than 3000 staff in 18 offices across China, and counts in its clientele some of China's leading state-owned enterprises.

It was a good opportunity for the 2 offices to cement ties and develop a mutual platform to better serve RSM Chio Lim's clients in China and vice versa.

RSM Chio Lim is pleased to partner The Business Times and OCBC Bank for the third year in 'Emerging Enterprise 2010'. The Award aims to uncover and groom the top 3 Emerging Enterprises in Singapore. The top 3 winners will walk away with up to S$1.2 million worth of prizes.

Emerging Enterprise 2010 will be launched on:

Date: 11 January 2010, Monday
Time: 9am – 11am
Venue: SPH Auditorium
1000 Toa Payoh North
News Centre Singapore 318994

Please click here to attend the launch and briefing.

Singapore Business Federation - 27 Jan 2010 -
Secrets and Strategies of Successful Regional Expansion
Mr Dick Nijdam, Tax Advisory Director, RSM Chio Lim LLP, will speak on “Minimising Tax for your Overseas Ventures”.

Date: 27 January 2010, Wednesday
Time: 8.45am – 3.30pm
Venue: SBF Seminar Room 2
10 Hoe Chiang Rd, Keppel Towers,
#21-01/02, Singapore 089315

Registration & Enquiry
To learn more or to register for the seminar, please click here.

Enjoy trade-in discount of up to $400* for purchases of PayDay!™ payroll system from now till February 10.

To find out more about the superior features and benefits of PayDay!™, please click here.

For enquiries or to register for PayDay!™ software demo, please contact 6594 7748 or email info@PayrollServe.com.sg.

XBRL Reporting from $180*
Whether you are looking for real value or speed, you can now have your XBRL report for as low as $180* or obtain your report in as short as 2 hours*. Our enhanced tool has enabled us to pass on immense savings, so avail yourself to one of the best rates in town now, with hassle-free service from the accounting specialists.

For assistance in XBRL Filing, please click here to find out more or contact us at 6222 6868.

*T&C apply; for XBRL, competitive price plan from $180 for clients of Chio Lim Stone Forest group, non client rate starts from $225.

Our office will be closed on the following days:

Christmas Eve (24/12/09) closed from 1pm, Christmas Day (25/12/09), New Year's Day (01/01/10), Chinese New Year (15 & 16/02/10).

Stone Forest IT’s helpdesk will continue to operate on 31 December 2009, from 9am to 6pm.

We apologise for any inconvenience caused.