What is Estimated Chargeable Income?

Estimated Chargeable Income or ECI is an estimate of a company’s chargeable income for a Year of Assessment. Inland Revenue Authority of Singapore (IRAS) requires all registered companies in Singapore to submit an ECI for the Year of Assessment within three months after the financial year ends. A company with a zero income will file a ‘NIL’ ECI.

Financial year-end Due date for filing ECI Period covered in the accounts Year of Assessment (YA) Due date for filing ECI for that particular YA
31 Dec 31 Mar of the following year 1 Jan 2009 to 31 Dec 2009 2010 31 Mar 2010
31 Mar 30 Jun 1 Apr 2009 to 31 Mar 2010 2010 30 Jun 2009

How it works

At Rikvin, our team of accounts professionals is ready to help you with your ECI submission.

Our ECI Submission Service includes but not limited to the following accounting functions:

  • Obtain an e-Access code to file ECI online
  • Preparation of ECI
  • Advisement on determination of Financial Year End

In the event the information estimated revenue and profits are not available, our accounts manager assigned to you can advise you on our accounting services available to help you prepare for these pertinent information.

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Related Topics
Compliance Matters with ACRA & IRAS