Accounting services in Singapore: each filing prepared ahead of its date
We keep the books of your Singapore company and prepare the ECI, Form C-S, the GST returns, the payroll and the annual return.
Filing dates
Every 14th CPF contributions and the Skills Development Levy for the month before
1 Mar Form IR8A: each employee's income for the year before
31 Mar Estimated chargeable income, ECI, 3 months after the year end
30 Jun Annual general meeting, 6 months after the year end
What accounting and bookkeeping services for a Singapore company include
One accountant keeps the books all year.
Every month
- Bookkeeping from your invoices and bank statements
- Payroll: payslips, CPF and the Skills Development Levy
- Income, costs and what is still missing, in your account
Every quarter
- The GST return, form F5, of a registered company
Every year
- Financial statements under the Singapore standards
- The estimated chargeable income, ECI
- The tax return: Form C-S or Form C
- The papers of the annual general meeting
- The annual return to ACRA, with XBRL statements
- Each employee's income for the year, form IR8A
- The audit file, where the company is audited
Accounting requirements in Singapore: records, standards and the financial year end
5 yearsRecords kept after each financial year
Section 199 of the Companies Act asks each company for accounting records that explain its transactions and let true and fair financial statements be prepared. The company keeps them for 5 years after the financial year they belong to, and a breach carries a fine of up to S$10,000.
FRSThe accounting standards
The statements follow the standards of the Accounting Standards Committee: the Financial Reporting Standards, FRS, which are based on IFRS, or the SFRS for Small Entities. We prepare the yearly statements under them as XBRL data, and the filing agent files them with the annual return.
18 monthsLongest financial year without ACRA's approval
You choose the year end, and 31 March, 30 June, 30 September and 31 December are the common dates. A financial year runs 12 months or 52 weeks. A year longer than 18 months, or a second change of the date within 5 years, needs ACRA's approval. IRAS taxes each financial year in the next calendar year, the year of assessment.
A first financial year longer than 12 months is split between two years of assessment.
The filing year of a Singapore company
For a financial year that ends on 31 December. We keep this calendar for your company and file before each date.
- Jan
- Feb
- Mar1 Form IR8A31 ECI
- Apr
- May
- Jun30 Annual general meeting
- Jul31 Annual return
- Aug
- Sep
- Oct
- Nov30 Tax return
- Dec
The 14th of every month CPF contributions and the Skills Development Levy for the month before
Every quarter the GST return and its payment, 1 month after the quarter
What clients write about Legarithm
4.8 on Google from 26 reviews.
What accounting services in Singapore cost
Your quote fixes our fee before we start. For a year's cost, ACRA's charges included, see the Singapore services page.
Accounting in Singapore, our fee
Fixed in your quoteYou get the figure in writing by the end of the next working day.
Get a quote- Financial statements, ECI and the tax return, a year
- in your quote
- GST returns, a quarter
- in your quote
- Payroll with CPF, per employee
- in your quote
- ACRA, annual return
- S$60
- ACRA, 60 more days to file
- S$200
- Company formation in Singapore
- in your quote
Filing deadlines of a Singapore company and the penalties for a late filing
Three filing convictions in 5 years bar a director for 5 years.
| Filing or payment | Due | If late |
|---|---|---|
| Estimated chargeable income, ECI | 3 months after the year end | IRAS estimates the tax itself |
| Tax return: Form C-S, C-S (Lite) or C | 30 November | Composition of up to S$5,000 |
| Corporate income tax | 1 month after the notice of assessment | 5%, then 1% a month up to 12% |
| Annual general meeting | 6 months after the year end | Composition from S$500 |
| Annual return to ACRA | 7 months after the year end | S$300 up to 3 months late, then S$600 |
| GST return and payment | 1 month after the quarter | S$200 a month up to S$10,000, and 5% of the tax |
| CPF contributions and the levy | End of the month, paid by the 14th of the next | Interest of 1.5% a month |
Audit exemption for a small company in Singapore: two of three tests
A private company that passes two of the three for two financial years running needs no auditor.
S$10m Revenue of the year
Revenue up to S$10 million in the financial statements. A company in its first two years is tested on the year in hand.
S$10m Total assets
Assets up to S$10 million at the year end. A company in a group passes when the whole group, companies abroad included, passes as well.
50 Employees
50 full-time employees or fewer at the year end. A company above the tests appoints an auditor, arranged as part of our service, and we prepare the audit file.
Corporate tax filing in Singapore: ECI, Form C-S and GST returns
3 monthsThe estimate of taxable profit, ECI
A company reports to IRAS twice for each financial year. The estimated chargeable income, ECI, is an estimate of taxable profit due within 3 months of the year end. A company with revenue up to S$5 million and a nil estimate skips it.
30 NovemberInstalments and the return
An ECI filed in the first month after the year end splits the tax into 10 monthly instalments by GIRO, in the second month into 8 and in the third into 6. The return itself is due by 30 November of the following year, on one of three forms.
1 monthThe assessment and the payment
IRAS applies the exemptions itself and issues a notice of assessment, and the tax is due 1 month later. We prepare the estimate, the tax computation and the return, and you approve the figures in your account. Rates and exemptions: company formation in Singapore.
S$1 millionTurnover that makes GST registration compulsory
Registration is compulsory once taxable turnover passes S$1 million, exports included. A registered company charges 9% and files form F5 for each quarter, also for a quarter with no sales. A company that registers by choice stays registered for 2 years. One that applied on or after 1 April 2026 also sends its invoice data to IRAS through the InvoiceNow network.
Form C-S (Lite)
- What goes with it
- 6 fields no attachments
- Who files it
- Revenue up to S$200,000
Form C-S
- What goes with it
- 18 fields no attachments
- Who files it
- Revenue up to S$5 million, taxed at 17% alone
Form C
- What goes with it
- Financial statements and the tax computation
- Who files it
- Every other company
Annual general meeting, annual return and XBRL filing with ACRA
The shareholders receive the financial statements at a meeting. A private company holds none when it sends them to every shareholder within 5 months of the year end, or when all resolve to dispense with it.
The return confirms the officers, the shareholders and the registered office and carries the financial statements. The company's registered filing agent, arranged as part of our service, files it in Bizfile.
ACRA takes the statements as XBRL data. A company with revenue and assets up to S$500,000 each files the simplified template, about 120 data elements, with a PDF of the signed statements. A larger one files full XBRL, about 210 elements.
A company with up to 20 shareholders, all individuals, files no statements while it is solvent: its directors declare the solvency in the annual return.
Payroll in Singapore: CPF rates in 2026 and the Skills Development Levy
S$8,000Who draws CPF and on which wages
An employer pays into the Central Provident Fund, CPF, for each employee who is a citizen or a permanent resident and earns above S$50 a month. Staff on a work pass draw no CPF. The rates in the table apply from 1 January 2026 to monthly wages above S$750, on ordinary wages up to S$8,000.
S$1,020A salary of S$6,000 at age 40
A salary of S$6,000 for an employee aged 40 costs the employer S$1,020 of CPF, and S$1,200 comes out of the pay. From 1 January 2027 the totals rise to 35.5% for ages above 55 to 60 and to 26% for above 60 to 65.
0.25%Of monthly wages, for the skills levy
The Skills Development Levy is 0.25% of monthly wages for each employee, foreign staff included, from S$2 to S$11.25 a person. CPF and the levy are due at the month's end, with grace to the 14th.
IR8APayslips and the yearly form
Each employee receives an itemised payslip within 3 working days of the salary. By 1 March we prepare each employee's income for the year, form IR8A, which an employer of 5 or more staff sends to IRAS electronically.
| Employee's age | Employer | Employee | Total |
|---|---|---|---|
| 55 and below | 17% | 20% | 37% |
| Above 55 to 60 | 16% | 18% | 34% |
| Above 60 to 65 | 12.5% | 12.5% | 25% |
| Above 65 to 70 | 9% | 7.5% | 16.5% |
| Above 70 | 7.5% | 5% | 12.5% |
Outsource accounting in Singapore: how we take over from your accountant
The year in progress stays on schedule while the records change hands.
- before we start1
Where the company stands
We read the business profile and the filing status with ACRA and IRAS: the year end, the last annual return and the returns still open.
- from your accountant2
Handover
With your authorisation we ask your present accountant for the trial balance, the ledgers, the last financial statements and tax computation, the GST returns and the payroll records.
- from your company3
Access
Your Corppass administrator gives access to the tax, GST and CPF services of the government.
- our work4
Opening balances
We bring the balances into the books, reconcile each bank account and tell you what is missing.
- then each month5
First month
You upload the month's documents in the Legarithm platform, and we close the month.
A platform where you open
and run the company online
Your whole company is in your pocket. Sign documents, check the books and write to your accountant from your phone.
Your Company Pte. Ltd.
- Registration in progress
- Next deadline prepared
- Last month closed on time
- Passport copy Uploaded
- Proof of address Checked
- Company documents Sign
- Source of funds declaration Upload
You upload scans and sign the forms in the account. We keep the certificates and registers here afterwards, ready for a bank or an auditor.
The Legarithm team
We prepare your documents, check them before they are filed and keep your books.
Legal
Christina Agapiou Corporate Lawyer
Vasiliki Chatzigeorgiou Compliance Officer
Iryna Hrabovetska Associate
Anastasiia Kolomiiets Associate
Ivanna Plieshivtseva Junior Associate
Vladyslav Khamenushko Paralegal
Alisia Navrotska Paralegal
Vladyslav Syliava Paralegal
Finance and accounting
Ioannis Akritidis Accountant
Elizaveta Pytkina Accountant
Nataliia Dobrynina Accountant
Anna Kyrylova Finance specialist
Questions about accounting services in Singapore
How much do accounting services cost in Singapore?
Our fee is fixed in your quote. Four things set it: the documents a month, GST registration, the number of employees and whether the accounts are audited.
How do I see the books of my Singapore company?
In your account: each month's income, costs and missing documents, the returns that wait for your approval and the dates ahead. You write to your accountant there, as with all our outsourced accounting services.
Does a dormant Singapore company still file returns?
Yes. It files the annual return with ACRA each year while it is live. For IRAS it files the short form for dormant companies by 30 November, unless IRAS has waived the return. It needs no audit.
Can the accounting records of a Singapore company be kept abroad?
Yes. Section 199 of the Companies Act allows records outside Singapore when statements and returns that let the accounts be prepared are kept in Singapore as well.
Is CPF paid for foreign employees?
No, and the Skills Development Levy is due for each of them. Fees paid to a director who lives abroad carry 24% withholding tax, due by the 15th of the second month after payment.
When does a new Singapore company file its first tax return?
The first ECI is due 3 months after the first financial year end. Take a company formed in July 2025 that trades at once and closes its first accounts on 31 December 2025. It files the ECI by 31 March 2026 and Form C-S by 30 November 2026.
When is GST registration required in Singapore?
When taxable turnover passed S$1 million in a calendar year, the company applies by 30 January and is registered on 1 March. When it expects to pass S$1 million in the coming 12 months, it applies within 30 days.
Get a quote for your company in Singapore
Book a 30-minute call about your company
Your consultant Vladyslav Babaiev Opens in a new tab Business Setup Specialist
- We email you the Google Meet link.
- 30 minutes, free, no obligation to order.
- After the call we email you the checklist of documents for your country.
We reply by the end of the next working day with the cost and the dates for your case. The first call is free and confidential.
Also for a company in Singapore
Company formation in Singapore
A Pte. Ltd. from abroad: S$315 of ACRA fees, a resident director and a secretary
OpenOutsourced accounting services
How the books of a company owned from abroad are kept online
OpenThe Legarithm platform
Upload documents, read each month and approve returns in one account
OpenGuides to a company in Singapore
Updated 21 October 2026. Reviewed by Vladyslav Drapii, Founder.
