{"id":989149,"date":"2025-10-24T14:40:37","date_gmt":"2025-10-24T14:40:37","guid":{"rendered":"https:\/\/cla.global\/singapore-company-registration\/?page_id=989149"},"modified":"2026-01-07T13:16:17","modified_gmt":"2026-01-07T13:16:17","slug":"singaporean-company-annual-renewal","status":"publish","type":"page","link":"https:\/\/cla.global\/singapore-company-registration\/singaporean-company-annual-renewal\/","title":{"rendered":"Singaporean company annual renewal"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"989149\" class=\"elementor elementor-989149\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d0b809d e-flex e-con-boxed e-con e-parent\" data-id=\"d0b809d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-b424f11 e-con-full e-flex e-con e-child\" data-id=\"b424f11\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d1b668 elementor-widget elementor-widget-html\" data-id=\"5d1b668\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<style>\r\n\/* Sidebar Component Styles - Elementor Compatible *\/\r\n.uk-sidebar-component {\r\n    max-width: 100%;\r\n    font-family: inherit;\r\n    color: inherit;\r\n    line-height: inherit;\r\n    position: relative;\r\n    z-index: 1;\r\n}\r\n.uk-sidebar-component * {\r\n    box-sizing: border-box;\r\n}\r\n\/* Sidebar Styles *\/\r\n.uk-sidebar {\r\n    width: 280px;\r\n    background: #f1f5f9;\r\n    border-right: 1px solid #e2e8f0;\r\n    padding: 20px;\r\n    border-radius: 8px;\r\n    height: fit-content;\r\n    flex-shrink: 0;\r\n    position: relative;\r\n    z-index: 1;\r\n}\r\n.uk-sidebar h3 {\r\n    background: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%);\r\n    color: #fff;\r\n    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}\r\n}\r\n<\/style>\r\n<\/head>\r\n<body>\r\n<div class=\"uk-sidebar-component\">\r\n    <!-- Sidebar -->\r\n    <aside class=\"uk-sidebar\" id=\"ukSidebar\" role=\"navigation\" aria-label=\"Singapore Guide Navigation\">\r\n        <h3>Singapore Business Guide<\/h3>\r\n        <ul class=\"uk-sidebar-menu\">\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-summary\">Singapore Summary<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-summary\">\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/\">Singapore Overview<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/benefits-and-problems\/\">Why start a business here?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/benefits-and-problems\/\">Problems with doing business here?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/singaporean-company-annual-renewal\/\">Singaporean company annual renewal<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/shelf-company\/\">Fast company solutions!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/bank-account\/\">Corporate banking solutions?<\/a><\/li>\r\n                    \r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-structuring\">Singaporean Corporate Structuring<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-structuring\">\r\n                    <li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/\">Company set up strategy<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/setup-llc\/\">Business entity types!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/14-steps-to-register-a-company-in-singapore\/\">14 steps to register an LLC!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/singapore-offshore-company-2\/\">Singapore offshore company?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/singapore-company-transfer-in\/\">Singapore company transfer-in<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/llp\/\">Limited liability partnerships?<\/a><\/li>\r\n\r\n                    \r\n                    \r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-fees\">Fees and Timelines<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-fees\">\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/fees-timelines\/\">Engagement fees?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/fees-timelines\/\">Timelines?<\/a><\/li>\r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-cashflow\">Cash Flow Considerations<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-cashflow\">\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/corporate-funding\/\">Government incentives?<\/a><\/li>\r\n                    \r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/merchant-account\/\">Singapore merchant account!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/online-business-solutions\/\">E-commerce sales!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/services\/cash-flow-improvement-services\/\">Cash flow improvement services!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/services\/global-marketing-services\/\">Market penetration strategies?<\/a><\/li>\r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-legal\">Legal + Accounting + Tax<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-legal\">\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/accounting-and-tax-considerations\/\">Accounting and tax considerations?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/legal-and-compliance\/\">Legal considerations!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/tax-audit-services\/\">Singapore Tax Audit Services?<\/a><\/li>\r\n              \r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/resident-director\/\">Resident director services?<\/a><\/li>\r\n                   \r\n            \r\n                    \r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-support\">Business Setup Support Services<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-support\">\r\n                   <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/employment-act-in-singapore\/\">Employment law in Singapore<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/recruitment\/\">Human resources services<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/services\/staff-recruitment\/\">Employee considerations!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/tax-audit-services\/\">Singapore virtual office services!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/virtual-office\/\">Find office premises!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/trademark\/\">Trademark registration!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/start-up\/\">Entrepreneur\u2019s start-up guide?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/support-services\/\">Business startup support services?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/transfer-solution\/\">Singapore LLC transfer solution?<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/ship-registration\/\">Singapore ship registration?<\/a><\/li>\r\n                    \r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/company-de-registration\/\">Singapore company de-registration<\/a><\/li>\r\n                  \r\n                    <li><a href=\"https:\/\/cla.global\/services\/corporate-advisory-solutions\/\">Other support services!<\/a><\/li>\r\n                <\/ul>\r\n            <\/li>\r\n\r\n            <li class=\"uk-menu-item uk-has-dropdown\">\r\n                <div class=\"uk-dropdown-toggle\" data-target=\"sg-other\">Other Country Information<\/div>\r\n                <ul class=\"uk-submenu\" id=\"sg-other\">\r\n                    \r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/about-2\/\">Success tips when doing business in Singapore!<\/a><\/li>\r\n                    <li><a href=\"https:\/\/cla.global\/singapore-company-registration\/about-2\/\">Interesting facts about Singapore!<\/a><\/li>\r\n                    <li><a href=\"#\">Client case studies!<\/a><\/li>\r\n                <\/ul>\r\n            <\/li>\r\n        <\/ul>\r\n    <\/aside>\r\n<\/div>\r\n\r\n<script>\r\n(function() {\r\n    'use strict';\r\n    let isInitialized = false;\r\n    function initUKSidebar() {\r\n        if (isInitialized) return;\r\n        document.addEventListener('click', function(e) {\r\n            if (!e.target.closest('.uk-sidebar-component')) return;\r\n            if (e.target && e.target.classList.contains('uk-dropdown-toggle')) {\r\n                e.preventDefault();\r\n                e.stopPropagation();\r\n                const parentItem = e.target.closest('.uk-menu-item');\r\n                if (!parentItem) return;\r\n                const allItems = document.querySelectorAll('.uk-sidebar-component .uk-menu-item.uk-has-dropdown');\r\n                allItems.forEach(function(item) {\r\n                    if (item !== parentItem && item.classList.contains('uk-active')) {\r\n                        item.classList.remove('uk-active');\r\n                    }\r\n                });\r\n                parentItem.classList.toggle('uk-active');\r\n                return;\r\n            }\r\n        });\r\n        isInitialized = true;\r\n    }\r\n    if (document.readyState === 'loading') {\r\n        document.addEventListener('DOMContentLoaded', initUKSidebar);\r\n    } else {\r\n        initUKSidebar();\r\n    }\r\n    window.addEventListener('load', function() {\r\n        setTimeout(initUKSidebar, 100);\r\n    });\r\n})();\r\n<\/script>\r\n<\/body>\r\n<\/html>\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dae0157 e-flex e-con-boxed e-con e-child\" data-id=\"dae0157\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e4fc5a elementor-widget elementor-widget-heading\" data-id=\"5e4fc5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Singaporean company annual renewal<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be26276 elementor-widget elementor-widget-text-editor\" data-id=\"be26276\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>CLA Consultants assists multi-national Clients\u2019 to timely, accurately, and completely discharge\u00a0their Singaporean annual legal, accounting, audit and tax obligations.<\/p><p>Our in-house Accounting and Tax\u00a0Department\u00a0help our Clients\u2019\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0to legally minimise corporation tax and\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0preparing financial statements and and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0securing exemptions from independent statutory annual audit and\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0communicating with with IRAS and ACRA including\u00a0project managing tax audit\u00a0and\u00a0<span class=\"yellow-roman\">v)<\/span>\u00a0e-filing of the legal annual return and corporation tax return\u00a0<span class=\"yellow-roman\">vi)<\/span>\u00a0quarterly book-keeping support and\u00a0<span class=\"yellow-roman\">vii)<\/span>\u00a0company\u00a0<a href=\"https:\/\/www.healyconsultants.com\/corporate-advisory-services\/company-secretary-and-legal-registered-office\/\" target=\"_blank\" rel=\"noopener\">secretary<\/a>\u00a0and legal registered office address services and\u00a0<span class=\"yellow-roman\">viii)<\/span>\u00a0company deregistration (if required)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7eade22 elementor-widget elementor-widget-n-accordion\" data-id=\"7eade22\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1320\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-1320\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Singaporean offshore company renewal <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1320\" class=\"elementor-element elementor-element-6168406 e-con-full e-flex e-con e-child\" data-id=\"6168406\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f6f2a44 elementor-widget elementor-widget-text-editor\" data-id=\"f6f2a44\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Annually, CLA Consultants Group assists our multi-national Clients\u2019 with:<\/p><ul class=\"tick\"><li>Communicating with IRAS to secure\u00a0<a href=\"https:\/\/www.iras.gov.sg\/taxes\/corporate-income-tax\/income-deductions-for-companies\/companies-receiving-foreign-income\" target=\"_blank\" rel=\"noopener nofollow\">exemption<\/a>\u00a0from Singaporean corporation and withholding tax;<\/li><li>Communicating with ACRA to secure exemption from Annual General Meeting (AGM) statutory obligations;<\/li><li>Securing exemption from independent\u00a0<a href=\"https:\/\/www.acra.gov.sg\/legislation\/legislative-reform\/companies-act-reform\/companies-amendment-act-2014\/two-phase-implementation-of-companies-amendment-act-2014\/more-details-on-small-company-concept-for-audit-exemption\" target=\"_blank\" rel=\"noopener nofollow\">statutory annual audit<\/a>;<\/li><li>Securing exemption from GST registration and quarterly reporting;<\/li><li>E-filing of the legal\u00a0annual return\u00a0and\u00a0<a href=\"https:\/\/www.iras.gov.sg\/quick-links\/forms\/companies\" target=\"_blank\" rel=\"noopener nofollow\">corporation tax return<\/a>;<\/li><li>Monthly and quarterly and annual\u00a0book-keeping, to minimize inconvenience to our Client;<\/li><li>Online filing of\u00a0quality\u00a0financial statements and corporation tax return;<\/li><li>Close down\u00a0a company (if required);<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1321\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1321\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Singaporean tax resident company renewal <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1321\" class=\"elementor-element elementor-element-aa12916 e-con-full e-flex e-con e-child\" data-id=\"aa12916\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-31c3e3b elementor-widget elementor-widget-text-editor\" data-id=\"31c3e3b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Annually for Singaporean\u00a0<a href=\"https:\/\/www.iras.gov.sg\/taxes\/corporate-income-tax\/basics-of-corporate-income-tax\/tax-residency-of-a-company\" target=\"_blank\" rel=\"noopener nofollow\">onshore<\/a> companies, CLA Consultants Group assists our multi-national Clients\u2019 with:<\/p><ul class=\"tick\"><li>To prepare and submit an\u00a0<a href=\"https:\/\/www.iras.gov.sg\/irashome\/Businesses\/Companies\/Filing-Estimated-Chargeable-Income--ECI-\/Definition-of-Estimated-Chargeable-Income--ECI--and-When-to-File\/\" target=\"_blank\" rel=\"noopener nofollow\">Estimated Chargeable Income<\/a>\u00a0statutory report with IRAS;<\/li><li>Our accounting team will assist you with government reporting obligations including\u00a0<a href=\"https:\/\/www.iras.gov.sg\/taxes\/goods-services-tax-(gst)\/filing-gst\/completing-gst-returns\" target=\"_blank\" rel=\"noopener nofollow\">GST<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.healyconsultants.com\/corporate-advisory-services\/international-payroll-services\/\" target=\"_blank\" rel=\"noopener\">payroll<\/a>;<\/li><li>Application for Government\u00a0<a href=\"https:\/\/www.iras.gov.sg\/schemes\" target=\"_blank\" rel=\"noopener nofollow\">incentives<\/a>;<\/li><li>Communicating with IRAS to legally minimise Singaporean\u00a0<a href=\"https:\/\/www.iras.gov.sg\/taxes\/corporate-income-tax\/income-deductions-for-companies\/taxable-non-taxable-income\" target=\"_blank\" rel=\"noopener nofollow\">corporation tax<\/a>, including tax\u00a0<a href=\"https:\/\/www.iras.gov.sg\/taxes\/corporate-income-tax\/basics-of-corporate-income-tax\/corporate-income-tax-rate-rebates-and-tax-exemption-schemes\" target=\"_blank\" rel=\"noopener nofollow\">exemptions<\/a>;<\/li><li>Communicating with ACRA to secure exemption from\u00a0<a href=\"https:\/\/www.acra.gov.sg\/how-to-guides\/annual-general-meetings\" target=\"_blank\" rel=\"noopener nofollow\">AGM<\/a>\u00a0statutory obligation;<\/li><li>Securing\u00a0<a href=\"https:\/\/www.acra.gov.sg\/legislation\/legislative-reform\/companies-act-reform\/companies-amendment-act-2014\/two-phase-implementation-of-companies-amendment-act-2014\/more-details-on-small-company-concept-for-audit-exemption\" target=\"_blank\" rel=\"noopener nofollow\">exemption<\/a>\u00a0from independent statutory annual audit;<\/li><li>Monthly and quarterly and annual book-keeping, to minimize inconvenience to our Client;<\/li><li>Online filing of\u00a0<a href=\"https:\/\/www.healyconsultants.com\/noindex\/Singapore-active-accounting-and-tax-fees.pdf\" target=\"_blank\" rel=\"noopener\">quality<\/a>\u00a0financial statements and corporation tax return;<\/li><li>Supervise the timely\u00a0<a href=\"https:\/\/www.healyconsultants.com\/consulting\/supervise-independent-statutory-annual-audit\/\" target=\"_blank\" rel=\"noopener\">completion<\/a>\u00a0of an independent statutory annual audit (if required);<\/li><li>Access to double\u00a0<a href=\"https:\/\/www.iras.gov.sg\/taxes\/international-tax\/list-of-dtas-limited-dtas-and-eoi-arrangements\" target=\"_blank\" rel=\"noopener nofollow\">tax treaty<\/a>\u00a0benefits and legally minimising withholding tax;<\/li><li>International transfer pricing;<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1322\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1322\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> The annual renewal process <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1322\" class=\"elementor-element elementor-element-2aa7efc e-con-full e-flex e-con e-child\" data-id=\"2aa7efc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3f4e7f1 elementor-widget elementor-widget-text-editor\" data-id=\"3f4e7f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>To keep Singaporean annual accounting and tax obligations simple, we encourage our multi-national Clients\u2019 to choose an accounting year end of 31 December. Annually thereafter:<\/p><ul class=\"tick\"><li>Each January, our Staff ask our Client for an\u00a0accurate and complete trial balance and general ledger. To help with this task, some of our Clients\u2019 ask CLA Consultants Group to complete book-keeping\u00a0on their behalf;<\/li><li>Following receipt of a trial balance, our in-house Accounting and Tax Department will prepare draft financial statements for our Client review and approval;<\/li><li>Our Client and Staff work together to ensure the financial statements comprise transparent notes that explain the business activity of the Singaporean LLC, especially relating to annual corporation tax. IRAS and ACRA appreciate the receipt of quality financial statements, thus minimizing the probability of a\u00a0<a href=\"https:\/\/www.iras.gov.sg\/taxes\/individual-income-tax\/basics-of-individual-income-tax\/voluntary-disclosure-of-errors-for-reduced-penalties\" target=\"_blank\" rel=\"noopener nofollow\">tax audit<\/a>;<\/li><li>Each February and for tax resident companies only, our in-house Accounting and Tax Department must submit to IRAS the Estimated Chargeable Income (ECI) report;<\/li><li>By 1 march of each year, our Client signs the financial statements and corporation tax return;<\/li><li>Within a month thereafter, our in-house Accounting and Tax Department submit the legal annual\u00a0return\u00a0to ACRA;<\/li><li>Before 30 August each year, CLA Consultants Group our in-house Accounting and Tax Department submits the corporation tax return to IRAS;<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1323\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1323\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Other relevant information <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1323\" class=\"elementor-element elementor-element-9357663 e-con-full e-flex e-con e-child\" data-id=\"9357663\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-23ab1ad elementor-widget elementor-widget-text-editor\" data-id=\"23ab1ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>Your company does not need to file ECI in any Year of Assessment (YA) when both the following criteria are met:<ul class=\"tick\"><li>Annual revenue is SG$5 million or below for the financial year; and<\/li><li>ECI is nil for the YA. The ECI should be the amount before deducting the exempt amount under the\u00a0<a href=\"https:\/\/www.iras.gov.sg\/taxes\/corporate-income-tax\/basics-of-corporate-income-tax\/corporate-income-tax-rate-rebates-and-tax-exemption-schemes#partial-tax-exemption-scheme-for-companies\" target=\"_blank\" rel=\"noopener nofollow\">partial tax exemption scheme<\/a>\u00a0or the\u00a0<a href=\"https:\/\/www.iras.gov.sg\/taxes\/corporate-income-tax\/basics-of-corporate-income-tax\/corporate-income-tax-rate-rebates-and-tax-exemption-schemes#partial-tax-exemption-scheme-for-companies\" target=\"_blank\" rel=\"noopener nofollow\">tax exemption scheme for new start-up companies<\/a>;<\/li><\/ul><\/li><li>Your company is taxed on the income earned in the preceding financial year. This means that income earned in the financial year 2020 will be taxed in 2021. In tax terms, 2021 is the Year of Assessment (YA), as it is the year in which your company\u2019s income is assessed to tax.<\/li><li>To assess the amount of tax, IRAS looks at the income, expenses, etc. during the financial year. This financial year is known as the \u2018basis period\u2019. The basis period is generally a 12-month period preceding the YA.<\/li><li>Dormant and small companies are exempt from an independent statutory annual audit if they fulfil the following conditions:<ul class=\"tick\"><li>They are private company (owned by 50 members or less) for the financial year.<\/li><li>They meet at least two of the following three quantitative criteria for the immediate past two financial years:<ul><li>Total revenue not more than SG$10 million;<\/li><li>Total assets not more than SG$10 million;<\/li><li>Total number of employees not more than 50.<\/li><\/ul><\/li><\/ul><\/li><li>Late filing penalty for a Singapore company is SG$300. For the subsequent 3 months, the late penalty doubles to SG$600;<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1324\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1324\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\">  Estimate of annual renewal fees <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1324\" class=\"elementor-element elementor-element-aa6cba3 e-con-full e-flex e-con e-child\" data-id=\"aa6cba3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1418b33 elementor-widget elementor-widget-text-editor\" data-id=\"1418b33\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>To help our multi-national Clients\u2019 budget annual company renewal fees for both active and dormant Singaporean companies, CLA Consultants Group fees include:<\/p>\n<table id=\"tablepress-5\" class=\"tablepress tablepress-id-5\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Some annual professional services required<\/th><th class=\"column-2\">Fees (US$)<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Active company accounting and tax<\/td><td class=\"column-2\">2,700<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Dormant Company accounting and tax<\/td><td class=\"column-2\">950<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Company secretary and legal registered office<\/td><td class=\"column-2\">1,200<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Singapore company renewal fees<\/td><td class=\"column-2\">600<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">Accounting and tax and audit<\/td><td class=\"column-2\">7,950<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Singaporean company deregistration<\/td><td class=\"column-2\">1,450<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">Singaporean tax audit services<\/td><td class=\"column-2\">3,450<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">Singaporean resident director fees<\/td><td class=\"column-2\">3,900<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">Singaporean virtual office services<\/td><td class=\"column-2\">1,200<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-5 from cache -->\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1325\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"6\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1325\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Conclusion <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1325\" class=\"elementor-element elementor-element-b6ef55f e-con-full e-flex e-con e-child\" data-id=\"b6ef55f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c980bfd elementor-widget elementor-widget-text-editor\" data-id=\"c980bfd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>To timely accurately and completely discharge your Singaporean company legal, accounting, audit and tax obligations, communicate with CLA Consultants Group through the contact details below.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a5da09d e-flex e-con-boxed e-con e-parent\" data-id=\"a5da09d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-070a192 e-con-full e-flex e-con e-child\" data-id=\"070a192\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-71c199a e-flex e-con-boxed e-con e-child\" data-id=\"71c199a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8098026 elementor-widget elementor-widget-html\" data-id=\"8098026\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t\r\n<style>\r\n\r\n.uk-company-widget * {\r\nbox-sizing: border-box !important;\r\n}\r\n\r\n\/* CTA Section *\/\r\n.uk-cta {\r\npadding: 40px !important;\r\nborder-radius: 10px !important;\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\ntext-align: center !important;\r\nfont-size: 20px !important;\r\nfont-weight: bold !important;\r\nmargin: 30px 0 !important;\r\nbox-shadow: 0 5px 15px rgba(0,0,0,0.1) !important;\r\n}\r\n\r\n\/* Buttons *\/\r\n.uk-btn {\r\ndisplay: inline-block !important;\r\npadding: 10px 20px !important;\r\nborder-radius: 6px !important;\r\nfont-weight: bold !important;\r\nborder: none !important;\r\ncursor: pointer !important;\r\ntransition: all 0.3s ease !important;\r\ntext-decoration: none !important;\r\nfont-size: 14px !important;\r\n}\r\n\r\n.uk-btn-gradient {\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\n}\r\n\r\n.uk-btn-gradient:hover {\r\nopacity: 0.9 !important;\r\n}\r\n\r\n\/* Contact Section *\/\r\n.uk-contact {\r\nborder: 1px solid #e2e8f0 !important;\r\nborder-radius: 8px !important;\r\nbackground: #f1f5f9 !important;\r\npadding: 20px !important;\r\nmargin: 20px 0 0 0 !important;\r\n}\r\n\r\n.uk-contact h4 {\r\nmargin: 0 0 10px 0 !important;\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n.uk-contact p {\r\nmargin: 0 0 15px 0 !important;\r\ncolor: #475569 !important;\r\n}\r\n\r\n.uk-person {\r\ndisplay: flex !important;\r\nalign-items: center !important;\r\ngap: 15px !important;\r\n}\r\n\r\n.uk-person img {\r\nwidth: 60px !important;\r\nheight: 60px !important;\r\nborder-radius: 50% !important;\r\nflex-shrink: 0 !important;\r\n}\r\n\r\n.uk-person strong {\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n\/* Responsive Design *\/\r\n@media (max-width: 480px) {\r\n.uk-cta {\r\npadding: 30px 20px !important;\r\nfont-size: 18px !important;\r\n}\r\n}\r\n\r\n<\/style>\r\n<\/head>\r\n<body>\r\n\r\n\r\n\r\n\r\n\r\n\r\n<!-- CTA -->\r\n<div id=\"uk-cta-section\" class=\"uk-cta\">\r\nRegister your company now! <br>\r\nCLA Group has the solution to help you grow.\r\n<\/div>\r\n\r\n<!-- Contact -->\r\n<div class=\"uk-contact\">\r\n<h4>Contact us<\/h4>\r\n<p>For more info on USA company registration, please contact our expert directly:<\/p>\r\n<div class=\"uk-person\">\r\n\r\n<div>\r\n<strong>Mr. Petar Chakarov<\/strong><br>\r\nSenior Manager, Sales & Business Development<br>\r\n<a href=\"https:\/\/cla.global\/free-consultation\/\" class=\"uk-btn uk-btn-gradient\">\r\n\r\nGet in touch\r\n\r\n<\/a>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4fbaa0b e-flex e-con-boxed e-con e-parent\" data-id=\"4fbaa0b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>CLA assists multi-national Clients\u2019 with business set up in every country on the planet.<\/p>\n<p>For transparency purposes and to help multi-national Clients\u2019 budget future engagement fees, this page outlines average total engagement fees for every country on the planet.<\/p>\n<p>Click on the regional headings to see fees for every jurisdiction around the world.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-989149","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/pages\/989149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/comments?post=989149"}],"version-history":[{"count":52,"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/pages\/989149\/revisions"}],"predecessor-version":[{"id":990141,"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/pages\/989149\/revisions\/990141"}],"wp:attachment":[{"href":"https:\/\/cla.global\/singapore-company-registration\/wp-json\/wp\/v2\/media?parent=989149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}