Corporate Tax Filing Services in Singapore
Navigating the complexities of corporate income and tax filing in Singapore is a pivotal aspect of business management that ensures compliance and optimises financial performance. At OneStop Professional, we provide comprehensive tax solutions tailored to the dynamic needs of businesses. Our expertise spans a wide range of tax disciplines, ensuring your company’s tax affairs are managed efficiently, from planning and filing to dispute resolution and strategic advisory.
Filing Form C/C-S
Filing corporate tax returns is a critical requirement for all companies operating in Singapore. The Inland Revenue Authority of Singapore (IRAS) mandates that businesses submit either Form C or Form C-S annually, depending on their eligibility. Form C is a detailed tax return form that requires extensive financial information, while Form C-S is a simplified version designed for smaller companies that meet specific criteria.
Understanding and accurately completing these forms is crucial as they ensure that your company remains compliant with Singapore’s tax laws and regulations. Accurate tax filing also helps in identifying potential tax savings and avoiding penalties.
Hassle-Free Corporate Tax Filing Services
OneStop Professional is a renowned and dependable tax filing firm that has been serving small and medium-sized businesses (SMEs) since 2011. With over a decade of experience, we have established ourselves as a trusted partner for SMEs seeking affordable and reliable corporate income tax services. Our team of chartered accountants and Certified Public Accountants (CPAs) is dedicated to ensuring that your tax filings are accurate, timely, and compliant with all regulatory requirements.
Additionally, we offer payroll outsourcing services and accounting services in Singapore, providing comprehensive financial solutions that support your business’s overall compliance and efficiency. Our commitment to excellence and client satisfaction makes us the go-to choice for hassle-free corporate tax filing services, helping your business thrive in the competitive landscape.
Importance of Corporate Tax Compliance
Compliance with Singapore’s tax regulations is crucial for all businesses, regardless of size or industry. All companies must file their tax return by the statutory deadline, and penalties will be imposed for late filing and incorrect returns.
Furthermore, Contemporaneous Transfer Pricing (TP) documentation needs to be prepared if transactions exceed certain thresholds. Singapore has also been a Base Erosion and Profit Shifting (BEPS) Associate since 16 June 2016 and has implemented Country-by-Country Reporting (CbCR), which requires multinational enterprise groups to provide detailed financial and tax information for each tax jurisdiction in which they operate, increasing compliance requirements for businesses.
Navigating these complexities can be challenging, but with our comprehensive corporate tax filing services, you can ensure accurate and timely compliance while minimising the risk of penalties.
Our taxation services include
Corporate Tax Service
- Appeal and objection handling
- Tax investigation and dispute resolution
- Assistance in negotiations with the Inland Revenue Authority of Singapore (IRAS), obtaining rulings, and incentives
- Review of business contracts to optimise tax positions
- Strategic management of tax losses to enhance financial efficiency
Personal Tax Services
- Filing personal tax returns
- Handling queries and investigations by tax authorities
- Tax clearance services for expatriates
- Guidance on voluntary disclosure & compliance strategies
- Remuneration package structuring to enhance tax efficiency
- Implementation of tax equalisation and protection measures
Advisory Services
- Support in mergers, acquisitions and restructuring initiatives
- Tax due diligence for business acquisitions
- Applications for stamp duties relief
- International tax planning for cross-border investments
- Advice on cross-border transfer pricing and optimal financial structures
- Consultation on foreign income remittance strategies
- Other advisory services
Indirect Taxes
Consultation on Goods and Services Tax (GST), including:
- Registration
- Deregistration
- Application for major exporter scheme
Grants Services
Consultation and application assistance for various grants, including:
- Career Trial
- P-Max
- Career Support Programme
- WorkPro
- Inclusive Growth Programme
- Enterprise Development Grant
- Market Readiness Assistance
Corporate Tax Services Offered
Our corporate tax services include the following:
- Compilation of Financial Statements
- Filing of Estimated Chargeable Income (“ECI”) 3 Months After Your Financial Year End
- Preparation of Company Tax Computation
- Preparation of Tax Schedules
- Tax Filing of Simplified Form C-S or Form C to IRAS in the Relevant Year of Assessment
- Company Secretarial Support
- Provision of Named Company Secretary for the Company
- Preparation of Standard AGM Documents
- Submission of Annual Return to ACRA
- Liaising with IRAS to Answer Queries Relating to Your Tax Matters
- Monitoring of Statutory Tax Filing Deadlines and Payment Due Dates
- Applications for Singapore Tax Incentives and Productivity and Innovation Credit (PIC) Benefits
- Tax Due Diligence Reviews
- Tax Advice Regarding Inbound and Outbound Investments
- Tax Advice Regarding Group Corporate Structure and Business Restructuring
- GST Registration and Return Filing
- GST Advice Regarding Local and Cross-Border Transactions, De-Registration Implications and Start-Up Issues
- Health Checks to Avoid Common GST Pitfalls, Including GST Assisted Self-Help Kit (ASK) Review
- Application and Renewals for the Major Export Scheme (MES)
- In-House GST Training
Our Income Tax Filing Packages
Customise your package to suit your business needs:
| Services Included | Starter S$600 | Standard S$980 | Premier S$3,100 |
|---|---|---|---|
| ACRA Fee for Name Application & Company Incorporation (S$315) | ✅ | ✅ | ✅ |
| Company Business Profile and Constitution (Including Memorandum and Articles of Association) | ✅ | ✅ | ✅ |
| First Board of Director Meeting | ✅ | ✅ | ✅ |
| One Round Company Stamp (Self-Inking) | ✅ | ✅ | |
| Email reminder for statutory deadlines | ✅ | ✅ | |
| 12 months company secretary services | ✅ | ✅ | |
| ND Services For 12 Months | ✅ | ||
| 12 months registered address services | ✅ |
*Prices may vary based on transaction complexity and the specific needs of your business. Monthly, quarterly, semi-annual, and annual packages are available for greater flexibility. Please click here for more information on our packages or to view additional pricing and services.
Hear from Our Satisfied Clients
As Featured On
Our exceptional company tax filing services have been recognised and featured in various renowned publications, such as ACCA, ACRA, IRAS and more:
Frequently Asked Questions About Corporate Tax Services
Company Income Tax FAQs
- Be incorporated in Singapore
- Have an annual revenue of S$5 million or less
- Derive income only from Singapore
- Not claim any foreign tax credits, group relief, or investment allowances
Singapore Corporate Tax Filing Resources
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