Accounting and Tax ServicesUpload your invoices, bank statements in your dedicated client portal and let us manage your accounts.
Once ready, you can view your financial statements on the portal.
Professional Accounting Services
Inctro will keep proper accounting records of your company, as per mandatory requirements under the Income Tax Act. We will prepare your unaudited financial statements and answer your queries so that you have a thorough understanding of your company’s financial status. We will ensure all compliance needs are met, by filing Estimated Chargeable Income (ECI), For C/C-S, GST, SDL etc as mandated.
Focus on growing your business
Our client portal allows you to upload your invoices, bank statements at one place. While we work on your accounts, you focus on growing your business. Summary of your accounts will be shown on the client portal once it’s ready.
Hassle-free Pricing
We only look at your number of transactions to charge a flat fee that covers financial statements, tax filing, and management reports. Be assured of no hidden charges.
Services Included
Bookkeeping and Accounting Services
Financial statements include Balance Sheet, Profit and Loss statement, Cash Flow Statement and Equity Statement – in accordance with the Singapore Financial Reporting Standards. Includes generation of Financial Statements in Extensible Business Reporting Language (XBRL).
Corporate Tax Filing Services
Includes tax computation, preparation of tax forms for corporate submission such as Form C, C-S, with IRAS.
GST Preparation and Submission
We advise you on GST and do submissions on your behalf with the Inland Revenue Authority of Singapore (IRAS).
Monthly Payroll Services
We assist in you managing in employees payroll, computing gross to net salaries, CPF submission and calculations of levies such as SDL.
Process and Deadlines
FAQ's
Key tax rates are below, more details can be found in our knowledge base.
- 17 % corporate tax or lower for companies eligible for exemptions and grants.
- No tax on dividends; as Singapore has a one-tier tax system
- No tax on capital gains
- GST (7%) if your turnover is above S$1million or 0% if turnover is below S$1million.
XBRL (Extensible Business Reporting Language) is a language for the electronic communication of business and financial data worldwide. ACRA has adopted XBRL as part of its overall strategy to streamline financial reporting.