Annual Compliance Package

For Singapore Companies

Everything you need to ensure the annual regulatory compliance of your Company. Bundled and attractively priced.

Your Annual Compliance
Package Includes

Annual Compilation of Financial Statements

Ensure that your reports are prepared according to the Singapore Financial Reporting Standards (SFRS).

Qualified Company Secretary

Appoint a qualified Company Secretary to be registered in your Company ACRA records.

Corporate Tax Computation & Filing

Annual computation & filing of both ECI and Company Corporate Tax to IRAS.

In a nutshell​

What is the compliance requirement of small companies (EPC)?

To ensure regulatory compliance, all Singapore registered small companies that fall under the Exempt Private Company (EPC) category must prepare and possess the following 3 tasks and services:

  1. Company Secretary

Your company must appoint a Company Secretary within 6 months from its incorporation date. The company secretary must not be a director, if there are no other directors in the registrar.

2. Annual Financial Statement Compilation

Your compiled report must be prepared according to the SFRS format and must contain financial statements such as – Profit & Loss statement, Balance Sheet, Statement of Equity, Statement of Cashflows and others. It must also include explanatory notes with the Directors’ Statement.

3. Tax Computation & Filing

At every end of your Company’s financial year end, you must compute and file both the Estimated Chargeable Income (ECI) and Corporate Tax by their respective due dates. Though some exemptions are provided for ECI, tax filing is a compulsory requirement that may bring forth penalties if this compliance is not met.

Get your annual compliance package fr. $750

Inclusive of all fees. No Surprises.

Annual Financial Statement Compilation

  • Preparation in accordance to SFRS
  • Directors’ Report and Statement of Directors
  • Income statement
  • Cash flow statement
  • Balance sheet
  • Statement of all equity changes
  • Accounting policies implemented
  • Explanatory notes

Corporate Tax Computation & Filing

  • Corporate Tax Computation
  • Estimated Chargeable Income (ECI) Computation
  • Preparation of Form C/C-S for Submission
  • Tax Computation Schedules
  • Capital Allowance Schedules
  • Income Tax Return Filing & Submission
Everything in Standard Package Plus:

Registered Company Secretary

  • Everything you need to ensure basic annual secretarial compliance
  • Yearly Filing of Annual Returns (Include $60 Submission Fees)
  • Provision of a Named Company Secretary
  • Maintaining of Company Register
  • Record & Safekeeping of Meeting Minutes
  • Preparation of Annual General Meeting (AGM)
  • Company Secretary Compliance Advisory
  • Due Dates Reminder Service

Annual Financial Statement Compilation

  • Preparation in accordance to SFRS
  • Directors’ Report and Statement of Directors
  • Income statement
  • Cash flow statement
  • Balance sheet
  • Statement of all equity changes
  • Accounting policies implemented
  • Explanatory notes

Corporate Tax Computation & Filing

  • Corporate Tax Computation
  • Estimated Chargeable Income (ECI) Computation
  • Preparation of Form C/C-S for Submission
  • Tax Computation Schedules
  • Capital Allowance Schedules
  • Income Tax Return Filing & Submission
Everything in Standard Package Plus:

Registered Company Secretary

  • Everything you need to ensure basic annual secretarial compliance
  • Yearly Filing of Annual Returns (Include $60 Submission Fees)
  • Provision of a Named Company Secretary
  • Maintaining of Company Register
  • Record & Safekeeping of Meeting Minutes
  • Preparation of Annual General Meeting (AGM)
  • Company Secretary Compliance Advisory
  • Due Dates Reminder Service

Get your compliance package in
3 simple steps

1

Answer some basic questions

Send us an enquiry or checkout and complete our simple registration form. If you need assistance, call us directly and one of our experts will walk you through the process.

2

We take care of the paperwork

Our financial experts will prepare required documents needed according to a fair and true view for your approval and signing.

3

Signing and Acknowledgement

Talk to us for clarifications, and when you'r ready, sign the documents for presentation.

Leftright Corporate Pte. Ltd. offers a full fledged basic package to meet your new Company's annual compliance regulatory requirement. The package consists of fundamental services every company needs.

Frequently Asked Questions

Who can prepare the financial report?

The employee within the Company, the director himself, or an in-house accountant. Otherwise you may engage service providers like Leftright Corporate who expertise in these services for your company.

What is Singapore Financial Reporting Standards (SFRS)?

In Singapore, accounting standards are known as Singapore Financial Reporting Standards (SFRS) and are based on the International Financial Reporting Standards (IFRS).  All companies with financial period starting on or after 1 January 2003 have to comply with SFRS.

Singapore Financial Reporting Standard (SFRS) for Small Entities was introduced in November 2010.

The SFRS for Small Entities is an alternative framework to the full SFRS for eligible entities in Singapore. 

Does the report needs to audited?

Your compiled financial statement report is exempted from audit only if you are a dormant or Exempt Private Company that meets 2 of the following 3 criteria:

  1. Total annual revenue less than SGD $10 million.
  2. Value of total assets less than SGD $10 million.
  3. Have less than 50 employees.
Do I need to have a Company Secretary?

Every company incorporated in Singapore, must comply to Section 171 of the Singapore Companies Act (Cap. 50). This stature states that every Singapore incorporated company must have at least one or more corporate secretary.

Where the secretary must be a natural person who has his principal or only place of residence in Singapore. The appointed company secretary will handle on-going statutory compliance matters.

What can a Company Secretary do for me?

In addition to ensuring mandatory business compliance, by engaging Leftright Corporate Secretarial services – we will appoint our own inhouse qualified Company Secretary to aid you with the responsibilities and duties mentioned in our company secretary page.

Read our Guides​

Corporate Compliance

Timeline for Annual Returns & AGM Filing

Corporate Compliance

Fundamentals of a Singapore Company Secretary

Corporate Compliance

Annual Filing Requirements with ACRA

Corporate Compliance

Everything you need to know about Business Licenses and Permits in Singapore

Corporate Compliance

How to register for Goods and Services Tax (GST) in Singapore

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