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Professional Tax & Accounting Services in Singapore

From IRAS tax filings and GST reporting to XBRL submissions and ACRA compliance– we handle everything you need to stay compliant in Singapore.

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Our Comprehensive Tax and Accounting Solutions

We provide detailed tax and accounting services to ensure your business stays compliant and financially secure. Here is how we can support your growth.

Corporate Income Tax Compliance

File your ECI and Form C/C-S on time with full IRAS compliance.

Includes tax estimate filings, simplified returns, and Form C for complex entities.

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Bookkeeping and Financial Reporting

Clean monthly books and SFRS-compliant year-end reports for ACRA filing and IRAS review.

Ensures XBRL formatting and includes annual return filing, & IRAS-ready documentation.

Payroll & Tax Administration

Monthly payroll, CPF submissions, IR8A forms, and SDL calculations to meet MOM and IRAS compliance.

Fully compliant with Employment Act and Auto-Inclusion Scheme (AIS) deadlines.

GST Management & Filing

Register for GST and stay ahead of quarterly filings, input or output tax claims, and IRAS requirements.

Includes quarterly GST F5 submissions and recordkeeping per IRAS audit standards.

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Cross-Border Tax Advisory

Structure your entity for seamless SEZ operations. Stay DTA-optimized, tax-efficient, and regionally compliant.

For regional HQs, SEZ operations, and foreign-owned Singapore entities.

Full Corporate Advisory

Ongoing guidance and support for various regulatory requirements beyond tax and accounting.

From BizFile updates to penalty appeals and routine regulatory filings, our team’s got you covered.

Essential Singapore Tax and Accounting Requirements

Understanding your obligations right from the start is the first step towards having a seamless operation. Here’s a quick summary of the key requirements you need to be aware of.

Accounting Requirements

  • Singapore Financial Reporting Standards (SFRS/SFRS for SE): Maintain accounting records in accordance with SFRS. SMEs may adopt simplified reporting under SFRS for Small Entities.
  • Language: Maintain all accounting records in English, with certified translations where original documents are in another language.
  • Books of Accounts: Maintain general ledger, purchase/sales journals, and supporting source documents.
  • Record Keeping: All accounting records and supporting documents must be retained for at least 5 years, as per ACRA and IRAS regulations.
  • Audit Requirements: Mandatory if your company does not meet at least two of these for two consecutive years: revenue ≤ SGD 10M, assets ≤ SGD 10M, or ≤ 50 employees. Dormant companies are exempt unless assets exceed SGD 500K, while some sectors require audits regardless of size.

Tax Requirements

  • Quarterly Reporting: File GST returns and maintain up-to-date management accounts or unaudited financial reports.
  • Annual Reporting: File Estimated Chargeable Income (ECI), Form C-S/C, IR8A and Appendices for employees, and prepare financial statements (XBRL and/or audited).
  • Withholding Tax (As Applicable): Filed to IRAS only when required (e.g. for payments to non-resident companies or individuals for services, interest, or royalties).
  • Electronic Filing Systems: Mandatory use of myTax Portal for tax returns and correspondence, CorpPass for authentication, and GIRO or e-Payment options for tax payments.
  • Local Business Taxes: Comply with nationwide corporate tax and GST requirements governed by IRAS.
  • Stamp Duty: Applies to share transfers and property-related transactions, per IRAS guidelines.

Why Partner with Emerhub for Your Tax Needs in Singapore?

With Emerhub, you have access to certified specialists to guide you through every stage of your tax and accounting compliance.

years-of-local-expertise

14 Years of Local Expertise

With deep expertise in Singapore tax laws, we deliver accurate, practical guidance built around local compliance.

On-the-Ground
Support

Our Singapore team offers localized support, ensuring nothing gets lost in translation or delayed.

Trusted Professional Network

Leverage our network of tax agents, corporate secretaries, and licensed auditors to handle every compliance need for your business.

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Frequently Asked Questions About Singapore’s Tax & Accounting Landscape

1. Do I need to file taxes even if my company is not operational yet?

Yes, you do. Even dormant or non-operational companies must file Estimated Chargeable Income (ECI) and Form C-S/C annually, unless they meet specific exemption criteria. Failure to do so can trigger IRAS penalties, even if you didn’t generate any revenue.

2. What are the main tax filings required for companies in Singapore?

The exact tax forms you need to file will depend on your company’s intended activities and obligations. Generally, these include: 

  • Estimated Chargeable Income (ECI): Usually due within three months from the end of your financial year.
  • Corporate Income Tax Return (Form C-S, C-S Lite, or Form C): Filed annually based on your company’s taxable income.
  • Goods and Services Tax (GST) Returns: Required if your business is GST-registered, usually filed quarterly.
  • Employee Income Reporting (Form IR8A and appendices): Submitted by employers to report employee earnings as per IRAS requirements.

Keep in mind that not all companies need to file every type of return as listed above. Our experts can cross-check which obligations apply to your business and ensure all filings are submitted on time.

3. What happens if I miss a tax filing deadline?

Late filings result in surcharges, interest, and compromise penalties, which compound the longer you wait. IRAS may also impose late filing penalties per return, plus further enforcement action if the delay continues. Even if your tax payable is zero, filing is still mandatory.

4. What is Form C-S and how is it different from Form C?

Form C-S is a simplified corporate tax return for companies with annual revenue ≤ S$5 million and straightforward tax matters. Companies that don’t meet Form C-S criteria must file the full Form C, which includes detailed financial and tax schedules.

5. Do I still need to file tax returns if my company qualifies for tax incentives in Singapore?

Yes, even if your company enjoys tax exemptions under schemes like the Pioneer Certificate or Development and Expansion Incentive, you are still required to file ECI, Form C/C-S, and other statutory reports annually. IRAS expects full compliance during incentive periods, and Emerhub ensures your filings reflect your exempt status accurately.

6. When is withholding tax applied in Singapore?

Withholding tax applies to certain payments made to non-resident companies or individuals, including interest, royalties, and service fees. Keep in mind, however, that a Singapore-incorporated company can also be treated as non-resident if it’s controlled and managed from abroad. We can help you identify WHT triggers and claim DTA exemptions where available.

The Latest in Singapore’s Tax Compliance & Regulations

Ready to discuss setting up your company in Singapore?

Schedule a free, no-obligation consultation with our team of experts. We’ll discuss your needs and how we can help you setup your business.

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Singapore@emerhub.com

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31 Boon Tat St, #02-01 Eagles Center, 069625 Singapore