How many years should the company's accounting record be kept?

Your company must maintain proper records of its financial transactions and retain the source documents, accounting records and schedules, bank statements and any other records of transactions connected with your business for 5 years from the relevant Year of Assessment (YA). More information can be found in: https://www.iras.gov.sg/taxes/corporate-income-tax/basics-of-corporate-income-tax/record-keeping-requirements

Updated on: 16/01/2023