A qualified audit opinion is a statement issued by an auditor after an audit has been done, and where there might be: Limitation of scope in
Frequently Asked Questions : Annual Filing Requirements with IRAS
Your company has to furnish its Estimated Chargeable Income (ECI) within 3 months after the end of its financial year end. Administrative
Estimated Chargeable Income (ECI) data facilitates policy-making on a macro level, as well as the assessment of industrial performance. Furthermore,
ECI, also known as Estimated Chargeable Income, is an estimate of a company's chargeable income for a Year of Assessment (YA). In other words, it is
Financial Year End (FYE) is the end of the company's accounting period which typically recurs every 12 months.
Non-compliance with Inland Revenue Authority of Singapore (IRAS) requirements will incur a penalty and/or court prosecution.
These are the requirements you need to meet to comply with the Inland Revenue Authority of Singapore (IRAS): The Estimated Chargeable Income (ECI)
You will need to declare the company's estimated turnover and this excludes items like capital gains on disposal of fixed assets, in your company's
If you were to close your Financial period within 12 months, you will enjoy the full S$100,000 tax exemption for exempt companies.
It is up to the company to decide its financial year end. Determining the optimum financial year end (FYE) may result in corporate tax exempts and
Yes. All Singapore Private Limited Companies must be compliant with the Inland Revenue Authority of Singapore (IRAS). Filings are mandatory for both
Even if the company estimates its chargeable income as zero, it still has to file a “Nil” Estimated Chargeable Income (ECI).