[SG] Corporate Tax

As an SCTP-registered tax agent in Singapore, EStar Business provides the following regular and customised Singapore tax services based on your actual business needs:

• Estimated Chargeable Income (ECI) and annual corporate income tax filing

• GST registration and subsequent GST filing

• FATCA/CRS registration and annual filing

• Regular and ad hoc tax compliance advisory

• Tax incentive applications to relevant government agencies (e.g. IRAS, EDB, MAS, Enterprise Singapore, MPA)

• Applications for Singapore Certificate of Residence (COR)

• Transfer pricing reports

• Group MTT/DTT registration and subsequent filing

If you have any tax needs, listed or not, please contact us anytime.

Regular Tax Tips

Singapore companies generally need to file corporate income tax returns every year after incorporation. Family office investment companies, funds and other investment-focused entities also need to assess whether FATCA/CRS registration and annual filing apply. Here are some tips on corporate income tax and FATCA/CRS to help you keep track of key annual tax and compliance deadlines in Singapore.

Estimated Chargeable Income (ECI)

Singapore companies generally need to file ECI with IRAS within 3 months after each financial year end. Companies meeting specific conditions are exempt from filing ECI and do not need to apply to IRAS for the exemption. ECI is an estimate and does not replace the annual corporate income tax return.

Annual Corporate Income Tax Return

Singapore companies generally need to file Form C-S (Lite), Form C-S or Form C for the relevant Year of Assessment (YA). The filing deadline is currently 30 November of the year following the financial year end. Tax adjustments must be made based on the company's actual financial data.

FATCA/CRS Registration

Certain funds, VCCs, investment entities, trusts and other Singapore entities that meet the definition of a financial institution may need to complete FATCA and CRS entity classification, registration and annual filing. An entity that first becomes a Reporting Singaporean Financial Institution (Reporting SGFI) in a calendar year generally needs to register for CRS within the prescribed deadline in the following year. FATCA reporting financial institutions usually also need to obtain a GIIN (Global Intermediary Identification Number) from the US IRS and complete the relevant registration.

FATCA/CRS Annual Filing

A Reporting SGFI generally needs to file FATCA and CRS information for the previous calendar year by 31 May of the following year. Even if there are no reportable accounts for the year, a reporting financial institution usually still needs to submit a nil return.

Guided by our philosophy of "Professional | Focused | Dedicated", EStar Business is committed to providing convenient, efficient and professional services. We aim to build our reputation through professional services and welcome entrepreneurs expanding overseas to join our platform and "Develop Together and Grow Together."

Your Possible Questions:

◎ Summary of FAQs on Existing Companies in Singapore

◎ Summary of FAQs on Company Setup in Singapore

◎ Summary of FAQs on Singapore VCC Fund Taxation

Other links you may be interested in as your business grows:

◎ [SG] GST Registration

◎ [SG] GST Filing

◎ [SG] Tax Advisory

◎ Insights – Finance | Tax

If you have any other questions, please leave a message online or contact our team.