Preparation and filing of financial statements in Singapore
Fully remote procedure
Up to 1 month
Price upon request
Trust our specialists with your accounting needs to confidently meet all regulatory financial requirements.
The preparation and filing of financial statements in Singapore is a mandatory process for all companies registered in the country. It not only ensures compliance with local legal requirements but also helps maintain transparency in your company’s operations.
Our specialists will handle the preparation of financial statements, filing of annual returns with ACRA, preparation of tax filings for IRAS, and arrangement of audits (if required). We support you through every step of the process, ensuring accuracy, compliance, and timely submission—so you can stay focused on growing your business.
Our specialists will handle the preparation of financial statements, filing of annual returns with ACRA, preparation of tax filings for IRAS, and arrangement of audits (if required). We support you through every step of the process, ensuring accuracy, compliance, and timely submission—so you can stay focused on growing your business.
Step-by-step procedure
Assessment of Current Status and Data Collection
We review your company’s financial documentation, verify the availability of required data, and prepare a plan to meet all regulatory requirements.
Preparation of Financial Statements
We prepare key financial documents, including the Profit and Loss Statement, Balance Sheet, Cash Flow Statement, and Notes to the Financial Statements to provide a complete picture of the company’s financial position.
Data Verification and Confirmation
We thoroughly review the prepared statements to ensure compliance with ACRA and IRAS standards, guaranteeing accuracy and completeness.
Audit Arrangement
If your company is subject to mandatory audit requirements, we organize the audit and coordinate with accredited auditors to verify the financial statements.
Filing the Annual Return with ACRA
Once all documents are prepared, we file the Annual Return with ACRA, updating your company’s information, including details about directors, shareholders, and corporate changes.
Filing the Tax Return with IRAS
We prepare and file the tax return, including the Estimated Chargeable Income (ECI), with IRAS in full compliance with tax regulations and deadlines.
Support and Reporting Advisory
After completing all procedures, we provide you with finalized reports and recommendations for improving accounting processes, as well as ongoing advisory support on reporting and tax obligations.
Documents required to order the service
Company incorporation documents
1
Accounting data and financial reports for the past period
2
- Company Constitution
- Certificate of Incorporation
- Latest updates to the company’s registration details
- Transaction journals, bank statements, income and expense records, and information on accounts receivable and accounts payable.
Examples of documents issued upon service completion
-
Balance Sheet, Profit and Loss Statement, Cash Flow Statement, Statement of Changes in Equity, as well as Notes to the Financial Statements. -
Form C-S/C — confirmation of filing the tax return with the Inland Revenue Authority of Singapore (IRAS), along with a copy of the chargeable income computation.
Service cost
Preparation and Filing of Financial Statements in Singapore
The cost is calculated based on one of two key variables: the company’s annual turnover or the number of transactions.
€
from 715
Related services
Frequently Asked Questions
The service includes the preparation of annual financial statements, data verification, audit coordination (if required), filing of reports with ACRA, and submission of the tax return to IRAS.
All companies registered in Singapore must submit annual financial reports, except for certain small entities that may qualify for simplified filing requirements.
Financial statements must be filed annually, in accordance with the deadlines for submitting the Annual Return and the company’s tax return.
Key documents include incorporation documents, bank statements, transaction records, income and expense documents, and previous financial statements (if applicable).
Missing the deadlines may result in fines, administrative penalties, and other sanctions from ACRA and IRAS.
An audit is mandatory for companies that exceed specific thresholds for revenue, assets, or number of employees. If your company meets these criteria, we will also arrange the audit.
The process may take anywhere from several days to a few weeks, depending on the volume of data, whether an audit is required, and other factors.
Useful articles about Singapore
Why choose us?
Licensed Corporate Secretary
Direct Services in China and Singapore
We provide services directly in Hong Kong, China, and Singapore without intermediaries. This speeds up the registration process and enables clients to manage their businesses more efficiently in these jurisdictions.
We are a licensed provider of corporate secretary services in Hong Kong, ensuring full compliance with local laws and regulatory requirements. Our license guarantees the reliability and security of the services we provide.
Comprehensive Turnkey Services
We offer not only company registration but also full support services: accounting, assistance with bank account opening, and handling correspondence at the company’s registered address. This ensures convenience and minimizes bureaucratic complexities for our clients.
Experience Since 2016
Since our founding in 2016, we have successfully assisted hundreds of companies in registering and efficiently conducting business. Our experience with international clients allows us to cater to the unique needs of each company, regardless of size.
Personal Manager for Each Client
Each client is assigned a personal manager who guides them through all stages of registration and ongoing support. This individualized approach ensures tasks are handled promptly and according to client expectations.
Confidentiality and Data Security
We guarantee complete confidentiality and protection of client data, strictly adhering to commercial secrecy regulations. Your information is secure at every stage of our cooperation.
Transparent and Fair Pricing
We provide clients with detailed cost breakdowns of all services, avoiding hidden fees. This ensures full transparency and predictable expenses.
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