Financial & Tax Compliance

One of the first challenges faced by companies expanding overseas is adapting to unfamiliar financial and tax regulations. Singapore maintains an independent and stringent accounting and tax framework, covering GST, corporate income tax, transfer pricing, and other key areas.IVYE GROUP provides localized financial and tax compliance services in Singapore, helping enterprises quickly establish a transparent and stable management system—laying a solid foundation for future operations, financing, and regulatory compliance.

✅ Scope of Financial & Tax Compliance Services

  • Monthly / quarterly / annual bookkeeping and tax filing
  • GST registration and filing
  • Corporate Income Tax (CIT) calculation and filing
  • Transfer Pricing (TP) policy design and documentation support
  • Annual audit coordination (if applicable)
  • Employment tax and personal income tax compliance support

📍 Financial & Tax Compliance Workflow

1
Initial Assessment & Framework Setup
  • Evaluate existing accounting base and compliance status (e.g., parent company system)
  • Establish Singapore-localized chart of accounts and accounting policies
  • Set up compliance reminders for GST, CIT, and audit deadlines
2
Routine Bookkeeping & Financial Reporting
  • Provide monthly, quarterly, or annual bookkeeping services
  • Prepare local management accounts, financial statements, and cash flow reports
  • Organize year-end ledgers for audit or internal reporting
3
GST Registration & Filing Support
  • Assess GST registration threshold requirements
  • Complete GST registration and set up input/output tax logic
  • Assist in preparing and submitting quarterly GST F5 returns
4
Corporate Income Tax & Employment Tax Filing
  • File Estimated Chargeable Income (ECI)
  • Prepare and submit annual Form C / C-S tax returns
  • Handle employment income tax and withholding tax compliance filings (if applicable)
5
Transfer Pricing Policy & Group Coordination
  • Assist in formulating TP policies and supporting documentation (TP Documentation)
  • Evaluate arm’s length pricing between Singapore entities and related parties
  • Align group-level tax strategies to mitigate risks and enhance compliance
6
Annual Audit & Regulatory Liaison (if applicable)
  • Compile vouchers, ledgers, and supporting documentation for audit
  • Coordinate with Singapore audit firms to complete statutory audit
  • Provide bilingual (Chinese & English) audit support materials to improve cross-department collaboration

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