Tax Filing & Advisory

Singapore’s tax system is highly transparent, with standardized filing requirements and strict regulatory oversight. Companies must fulfill obligations for Corporate Income Tax (CIT), Goods and Services Tax (GST), and other relevant taxes, while also responding properly to IRAS (Inland Revenue Authority of Singapore) letters, reviews, and audits.IVYE GROUP provides end-to-end tax agency services covering tax data preparation, filing management, and regulatory communications. We help businesses standardize tax processes, minimize compliance risks, and ensure stable and reliable tax governance.

✅ Scope of Tax Agency Services

  • Day-to-day bookkeeping and voucher management
  • Preparation of financial statements and management accounts
  • Bank reconciliation and discrepancy resolution
  • GST calculation and quarterly filing
  • Year-end closing and ledger finalization
  • Archiving of financial data and compliance support

📍 Tax Agency Service Workflow

1
Tax Status Review & Filing Calendar Setup
  • Confirm client’s tax obligations (GST registration, audit requirements, etc.)
  • Develop an annual tax calendar (including ECI, Form C/C-S, GST deadlines)
2
Corporate Income Tax (CIT) Handling
  • Filing of Estimated Chargeable Income (ECI)
  • Preparation and submission of annual tax return (Form C or C-S)
  • Assistance with tax incentives/credits (e.g., PIC, R&D) through evaluation and documentation support
3
GST Filing Support
  • Calculation and reconciliation of input and output tax
  • Preparation and electronic submission of quarterly GST F5 returns
  • Support for GST reviews, adjustments, or resubmissions (if applicable)
4
Tax Correspondence & Payment Coordination
  • Responding to IRAS queries and information requests
  • Arranging tax top-ups, penalty negotiations, and payment deferrals (if required)
5
Year-End Summary & Compliance Review
  • Compilation of annual tax filing records and establishment of tax archives
  • Providing tax burden analysis and optimization recommendations

⭐Required Documents Checklist for Clients

Item Description
Annual Financial Statements Including Balance Sheet, Profit & Loss Statement, and detailed ledgers
Bank Statements & Cash Records Consistent with accounting records
All Sales & Purchase Invoices Organized and filed quarterly
GST Records (if registered) Input and output tax details
Employment-Related Tax Data (if applicable) Employee salaries, benefits, and withholding tax information
IRAS Letters & Reference Numbers Including ECI notices, GST correspondence, and penalty letters

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