What needs to be prepared to meet the statutory requirements from ACRA & IRAS

The following needs to be prepared:

1. Preparation of Management Accounts

• Trial Balance
• Balance Sheet
• Profit & Loss
• Detailed General Ledger Listing

2. Filing of Estimated Chargeable Income (ECI)
3. Preparation of Tax Computation
4. Preparation of Financial Statements in accordance to the Singapore Financial Reporting Standards
5. Annual General Meeting (AGM)
6. Filing of Annual Return with ACRA
7. Filing of Annual Tax Return with IRAS

Updated on: 16/01/2023