It is compulsory to file an annual report once a year for Singapore companies. The documents and company information required are shown below:

Annual Financial Statement

As required by the Singapore government, every company established in Singapore is required to do accounting and submit the annual financial statement every financial year. The annual financial statement should include accounting, drafting auditors' reports and director's statement, income statement, balance sheet, statements of cash flows, category annotations, etc.

AGM Report

An annual general meeting (AGM) is a way for the company to present its financial statements (accounts) to shareholders (members). The AGM must be held within 18 months of its establishment. All resolutions discussed during AGM must be voted on and signed by all directors.

Annual Tax Computation

The annual tax computation is to assist Singapore companies in doing accounting, estimating annual tax amounts, and filling in tax forms according to the ACRA requirements. 

Corporate Tax Filing

In each financial year, a Singapore private limited company must declare corporate tax to the Singapore ACRA. The total amount of corporate tax is calculated based on the profit before tax in the financial year, not the revenue. Tax on corporate income is imposed at a flat rate of 17%. A partial tax exemption and a three-year start-up tax exemption for qualifying start-up companies are available. 

What Services Do We Offer for Filing Annual Reports? 

a. Annual financial statement

b. Report of Annual General Meeting (AGM,Annual return)

c. Annual TAX computation

d. Corporate Tax filing

e. One year Commercial Secretary

Other Accounting Services That We Provide：

• Accounting

1. Auditing

2. Record and keep records of the company’s resolution documents

3. Record and keep records of the company’s meeting minutes

4. Assist on company name / shares / directors / secretary / address / business scope changes 

5. Personal income tax filing

• Singapore Government Funding & Grants for Entrepreneurs

1. Productivity and Innovation Credit (PIC) Scheme

2. Innovation and Capability Voucher (ICV)

3. Capability Development Grant (CDG)

4. Micro-Loan Programme (MLP)

5. Enterprise Financing Scheme (EFS)

• License, Patent, Trademark Application

1. Application for business licenses in various industries in Singapore (such as catering licenses, travel agency licenses, labor licenses, etc.)

2. Patent application

3. Trademark registration

Skyline Business Consulting Pte. Ltd. was established in 2011, is an international comprehensive business registration and company management services professional organization, its business involves registered companies, company business changes, adding or subtracting directors, tax declaration, annual audits, accounting, and providing accounts and various government preferential policy declarations. If you have any problems in any industry business in Singapore, please feel free to contact us! We are more than happy to provide professional guidance to you!