Regardless of the monthly expenses all accounting and tax plans include the following services.

• Monthly bookkeeping
• Monthly management report
• Accounting Software Subscription
• Setup & Onboarding
• Monthly Payroll Support including payslip, Annual IR8A, CPF & SDL Processing
• Preparation of Unaudited Financial Statements
• Preparation of Estimated Chargeable Income (ECI) & Corporate Tax Return (Form C-S/Corm C)

Regardless of the monthly expenses all accounting and tax plans include the following services.

• Monthly bookkeeping
• Monthly management report
• Accounting Software Subscription
• Setup & Onboarding
• Monthly Payroll Support including payslip, Annual IR8A, CPF & SDL Processing
• Preparation of Unaudited Financial Statements
• Preparation of Estimated Chargeable Income (ECI) & Corporate Tax Return (Form C-S/Corm C)

In addition, you will also need to provide some documentation such as proof of identification (passport), proof of residence address in Singapore, and evidence of your company’s registration with Accounting & Corporate Regulatory Authority (ACRA). These documents are necessary for banks in Singapore to verify your identity and legitimacy as a foreign business owner.

The monthly management report that we include in our accounting and tax plans the clients can access themselves at anytime and it is not an additional report that we are sending to them as a PDF.

Mixing the two pots of money will create a alot of complications for tax and audits down the line.

100%. Our goal is to make the transition seamless for you. We’ll directly communicate with your current accounting service provider, assume responsibility for your financial documents, and conduct a thorough audit to ensure compliance. We’ll address any outstanding matters with HMRC, organize historical data, and meticulously prepare and file the required reports. Moreover, we provide ongoing guidance on relevant tax exemptions, enabling you to optimize your tax strategy.

If your accounts are messy, during onboarding, our team will address it by doing an initial accounting review, using Sleek’s in-house accounting software, SleekBooks, in order to help you identify any issues and to propose the best corrective measures. This process is known as a ‘Reconstruction of Accounts’ and is a necessary basis to ensure that when our clients join Sleek your business and money accounts are in a position which is in accordance with the Accounting Standards of Singapore. After that, our accountant will welcome you onboard with our hassle-free digital solutions and accounting services. Leave us your email through the form above or phone us to speak to an accountant or sales for a free consultation on the price of our package or fee for our accounting services today.

Sleek’s accounting plans are priced according to the average monthly expenses of a company and based on a financial year period (not calendar year). A company’s FYE can be found publicly from ACRA’s website or on the First Directors Board Resolution. They can also search their UEN or Company Name on the Open Gov website.

We monitor a client’s monthly expenses over a financial year period and will adjust the final plan price based on the actual expenses resulting in a potential credit or debit based on the initial plan taken. FAQs on our Accounting Expenses can be found here.

Companies in Singapore must comply with certain filing requirements and obligations every year, regardless of their size, level of activity, or business structure.

The most compliance filing requirements include:

• Preparing and filing an Estimated Chargeable Income (ECI)
• Preparing financial statements (most commonly unaudited)
• Holding an Annual General Meeting (AGM)
• Preparing and filing an Annual Return
• Preparing and filing an Income Tax Return(Form C-S/C)
• Filing GST (if required)