Accurate, compliant and professionally prepared financial statements for ACRA and IRAS filing
We prepare a full set of financial statements based on your accounting records to support:
- ACRA annual return filing (XBRL submission)
- Corporate income tax filing (Form C / C-S)
- Statutory compliance under Singapore Companies Act
✓ Suitable for audit-exempt companies
✓ Prepared in accordance with SFRS
✓ Fast turnaround available
✓ Transparent, upfront pricing
Compliance Requirement
All Singapore companies are required to prepare financial statements in accordance with Singapore Financial Reporting Standards (SFRS) for ACRA and IRAS filing purposes.
Why Businesses Use This Service
Most companies engage us because they:
- Do not have time to prepare financial statements
- Are unsure about SFRS compliance requirements
- Need financial statements for tax filing
- Need XBRL-ready financials for ACRA submission
- Want to avoid errors and rework during filing season
Who This Is For
This service is suitable for:
- SMEs without in-house accountants
- Audit-exempt private companies
- Dormant companies
- Investment holding companies
- Companies preparing for tax filing or AGM
- Businesses outsourcing bookkeeping and compliance
What This Service Includes
- Preparation of Statement of Financial Position (Balance Sheet)
- Statement of Profit or Loss
- Statement of Cash Flows
- Statement of Changes in Equity
- Notes to Financial Statements
- Directors’ Statement (where required)
- Financial statements prepared in SFRS format
What This Service Does NOT Include
- Bookkeeping / transaction recording
- Audit assurance services
- Tax advisory or tax planning (separate engagement)
Transparent Pricing
Dormant Company
From S$ 300
Active Company
From S$ 700
Holding Company
From S$ 1,200
Under Accounting and Corporate Regulatory Authority (ACRA), a dormant company is one with no accounting transactions, except for certain permitted transactions such as payment of annual filing fees, penalties, or maintaining the company secretary and registered office.
Under Inland Revenue Authority of Singapore (IRAS), a dormant company is one that does not carry on business and has no income for the year. Even if dormant, companies may still need to fulfil annual filing obligations unless exempted by the authorities.
Additional Complexity Charges (if applicable)
- Fixed Assets – From S$ 100
- Investment Properties – From S$ 100
- Hire Purchase Liabilities – From S$ 50
- Term Loan – From S$ 50
We will confirm final fees after reviewing your records.
How It Works
Simple 3-Step Process
Step 1:
Send us your accounting records
Step 2
We prepare your financial statements
Step 3
We deliver final reports ready for ACRA and tax filing
Optional: We can also assist with XBRL filing and tax submission.
Need Your Financial Statements Prepared?
Send us your records and we will:
- Confirm pricing
- Advise on required format
- Provide turnaround time
FAQ
Under Accounting and Corporate Regulatory Authority (ACRA), a dormant company is one with no accounting transactions, except for certain permitted transactions such as payment of annual filing fees, penalties, or maintaining the company secretary and registered office.
Under Inland Revenue Authority of Singapore (IRAS), a dormant company is one that does not carry on business and has no income for the year. Even if dormant, companies may still need to fulfil annual filing obligations unless exempted by the authorities.
Fees depend on the complexity of your accounts.
Additional charges may apply where there are:
- High transaction volumes
- Multiple bank accounts
- Fixed assets or investment properties
- Shareholder loans
- Foreign currency transactions
- Incomplete or messy accounting records
- Prior-year adjustments required
We will always confirm pricing before starting work.