Singaporean onshore LLC annual accounting and tax fees in 2022

To help our multi-national Clients’ accurately and completely understand their annual Singaporean statutory obligations, our in-house Accounting and Tax Department prepared this web page. The table below outlines in great detail a checklist of how Healy Consultants Group PLC Staff will help your Singaporean LLC to timely accurately and completely discharge your annual legal, accounting and tax obligations; including our respective fees:

No.Singaporean tax resident company – annual accounting & tax obligationsUS$
1.Preparation of abridged financial statements (a 15-page annual report) including:

  • Restructuring and reclassifying income and expenses so as to i) clearly explain transactions and ii) legally minimize corporate and personal tax; and
  • Compliance with Singaporean Financial Reporting Standards; and
  • Crafting accurate and complete financial statement disclosures, to properly explain to IRAS the annual transactions and corporation tax liability (if any);
1,200
2.For our Client’s Singaporean tax-resident entity, our in-house Accounting and Tax Department will help secure a legal exemption from ACRA and IRAS re:

  • the statutory obligation to submit the annual financial statements to an independent statutory annual audit; and
  • the statutory obligation to submit annual FATCA and CRS reports;
150
3.Our Staff to help our Client evaluate their statutory obligations re:

150
4.
  • Legally minimize Singaporean corporation tax and withholding tax and international tax;
  • Preparing an accurate and complete i) corporate tax return and ii) tax computation and iii) tailored cover letter for IRAS, explaining why corporate profits are legally minimized;
  • Negotiating written inquiries and phone-calls from the Singaporean Tax Authorities (post tax return submission), justifying annual net profits and losses;
1,200
Total annual accounting & tax fees for a Singaporean onshore company 2,700