Accounting services for Singapore companies
Accounting services for Singapore companies includes:
- accounting
- preparing annual financial report
- calculation of corporate income tax
- financial report submission to Register (ACRA) and tax authorities (IRAS)
- financial report submission in XRBL format
- audit
| General information on reports | Term of submission | |
|---|---|---|
| Finance year end | standard financial year of the company ends on 31 December each year, but financial year also could be reconciled with the company registration month | |
| Annual financial report Other reports | - balance sheet - profit and loss calculation - director notification - corporate income tax report - employee report | in the period of 3 months after finance year ends ECI with IRAS required to be filled |
| Audit | not required if Exempt Private Company (EPC) has turnover less than 5 000 000 SG$ | |
In order to prepare report and gain confirmation, following document copies must be submitted: bank statements, agreements, invoices and other documents regarding fund flow in company’s bank account.
All the documentation must be in English!