- Singapore Tax and Accounting Services
- Employment & Work Pass Application
- Trademark Registration Services
Singapore Tax and Accounting Services
“Fueling business success through precision and expertise, our tax and accounting services navigate every ledger and optimize tax planning for financial excellence.”
Welcome to SIG, where we specialize in providing comprehensive accounting and tax solutions tailored to meet your business needs. Our team of experienced professionals is committed to delivering exceptional financial services, ensuring your peace of mind and allowing you to focus on what matters most – growing your business.
While engaging in the Tax & Accounting Services, we will help in:
Tax Planning and Preparation
Navigating the complexities of tax regulations can be daunting. At SIG, we conduct a comprehensive understanding of you, and we offer strategic tax planning and meticulous preparation services to optimize your tax position and maximize your savings. Whether you’re an individual (Personal Income Tax) or a business (Corporate Tax), our experts are here to ensure you meet compliance requirements while minimizing your tax liability.
Corporate Tax Services
- Preparing and filing the estimated chargeable income (ECI) due for submission to the IRAS within 3 months after the end of the financial year.
- Preparing and filing of corporate tax returns (Form C and relevant Appendices, Form C-S) in the relevant Year of Assessment to the IRAS by Nov 30.
- Attending to queries on the accounts raised by the Comptroller of Income Tax
- Verifying and advising on the Comptroller’s computations
- Verifying and advising on Notices of Assessment
- Lodging and substantiating objections to the Comptroller’s assessments, if necessary
- Attending meetings with the clients’ executives on tax matters
- Tax consulting services/ other tax services of an ad-hoc nature (i.e. Transfer pricing)
Individual Income Tax Services
- Registration for new taxpayers
- Preparation of Forms IR8A, IR21 & B1
- Preparation and lodgment of the income tax computationFiling of annual tax return to IRAS
- Verifying assessments issued by IRAS
- Lodging objections and submission of appeals (if any)
- Attending to investigations and/or queries raised by IRAS (if any)
- Personal Income Tax planning as well as advice (dual employment contract)
- Taxation of Directors’ fees and preparation & filing of withholding tax for expatriate directors.
- Handling IRAS Enforcement Actions on Non-Filing & Late-Payment, Penalties for Negligence and Evasion
- Assist Clients on Voluntary Disclosure (Personal Income Tax) to IRAS
Other Tax Services
- Strategic advice on all aspects of transfer pricing
- Drafting of intercompany agreements – cross-border transactions
- Preparation of Master file, local file and country-by-country reporting
- Transfer pricing Tax audits, mutual agreement procedures
Economic analyses, including commercial benchmarks, loan benchmarks, and license benchmarks - Cash pools and other integrated group-wide financing systems
- Transfer of functions, valuation of transfer packages, exit taxation
- Preparation of deferred tax schedules for statutory audit purposes
- GST registration (voluntary and mandatory)
- GST De-registration
- Filing of GST returns (monthly or quarterly basis)
- Assisting in IRAS GST audits & investigations
Bookkeeping and Accounting
Maintaining accurate financial records is the foundation of a successful business. Our team provides meticulous bookkeeping and accounting services, making sure your financial health. From day-to-day transactions to financial statements, we’ve got you covered.
Bookkeeping
Monthly, quarterly, annual accounting and bookkeeping services
Financial Statement and Financial Reporting
- Preparation of Annual Financial Statements
- Preparation of Consolidated Financial statements
- Plan & implement accounting system and financial reporting structure for companies
Why Choose SIG for Your Tax & Accounting Needs?
At SIG, we stand out in Singapore for Tax and Financial services, offering a unique blend of professionalism and personalized attention. Here’s why you should entrust us with your Tax & Accounting process:
- Expertise: Our team comprises seasoned professionals with a proven track record in accounting and tax services. Trust us to navigate the complexities of financial management on your behalf.
- Client-Centric Approach: At SIG, we prioritize your needs, providing cutomised services that align with your unique financial goals and challenges.
- Compliance Assurance: Stay compliant with confidence. Our experts stay abreast of the latest regulatory changes to ensure your business meets all requirements.
Ready to Take the Plunge? Let’s Make it Happen! Contact us today to schedule a consultation and let us tailor a customised accounting and tax solution for your business. Your success is our business.
Employment & Work Pass Application
“Facilitate your human capital of Singapore business operations and families living in Singapore”
At SIG, we understand the importance of smooth and hassle-free pass applications for individuals and businesses in Singapore. Whether you are an aspiring professional, an entrepreneur, or a tech enthusiast, we offer a comprehensive range of passes tailored to meet your unique needs. The Singapore Employment Pass (EP) is a work pass issued by the Ministry of Manpower (MOM) for foreign professionals, managers, and executives. Successful EP applicants can legally work and live in Singapore, gaining “Resident” status. This article will provide a detailed introduction to the benefits, application process, and requirements for EP.
While engaging in the Employment & Work Pass Application, we will help in:
Introduction of EP
EP is Singapore’s primary work pass for highly skilled talents, designed for professionals with high education levels and advanced skills, such as executives, specialists, and researchers. As of June 2024, there are over 200,000 EP holders in Singapore, accounting for 17% of the foreign workforce.
There are two types of EP: Self-Employed EP and Employee:
- Self-Employed: Foreign entrepreneurs establishing a business in Singapore may apply for EP by employing themselves as an executive or owner of the company.
- Employee: Singapore companies can hire foreign employees and therefore apply for EP.
EP applicants must possess relevant qualifications and professional skills, along with an employment contract meeting salary standards. Unlike passes for lower-skilled roles, EP holders can apply for long-term visas for themselves and their families and may even be eligible for permanent residency in Singapore.
Benefits of EP
- Family Relocation: EP holders meeting certain criteria can apply for a Dependant’s Pass for spouses and children under 21 and a Long-Term Visit Pass for parents, allowing their families to relocate to Singapore and gain “resident” status (various long-term pass holders).
- Tax Residency: EP holders automatically become Singapore tax residents, enjoying individual tax benefits on their income earned in Singapore.
- Permanent Residency (PR) Application: EP holders can apply for Singapore PR after working in Singapore for a certain period. Those with family can submit a PR application as a family unit.
- Educational Resources: As Singapore “residents”, EP holders’ children have access to quality educational resources in Singapore. In addition to international schools, they can take exams to enter public schools.
EP Application Requirements
- Salary Requirements: The minimum monthly salary for EP applicants is SGD 5,000 (SGD 5,500 for the financial sector). Higher salaries are required for older applicants to meet the criteria.
Starting from January 1, 2025, the minimum monthly salary for EP applicants will increase to SGD 5,600 (SGD 6,200 for the financial sector). - Educational Requirements: EP applicants generally must have a bachelor’s degree or higher, with recognized qualifications from Singapore or overseas institutions. Experienced applicants without the required educational qualifications may apply based on their professional experience.
MOM requires the educational credentials to be verified through recognized authorities. - Work Experience and Skills: MOM prioritizes applicants with professional skills and extensive work experience, especially senior talents who can contribute to Singapore’s economy.
- Comprehensive Assessment: EP applications must pass the COMPASS assessment framework to be eligible for EP.
EP Application Process
- Eligibility Check: Employers use the Self-Assessment Tool (SAT) to test applicants’ eligibility based on education, work experience, and salary.
- Prepare Application Documents: Required documents include the EP application form, passport copy, ID card copy (for Chinese applicants), and an MOM-recognized verification report for the academic certificate.
- Submit Application: The employer submits the EP application through MOM’s portal.
- Review and Approval: Processing times vary from a few working days to a month, as each EP application is case-specific. It is crucial to prepare all required documents in advance. During processing, MOM may request additional documents or information. MOM will notify through email once the Singapore EP application status updated.
- Receive Approval: Once approved, the applicant will receive an In-Principle Approval (IPA) letter, valid for six months. The applicant must enter Singapore within this period to complete EP card issuance.
- Obtain EP Card: After issuance, the applicant undergoes fingerprinting and photo submission and will receive the physical EP card within a few working days.
Conclusion
As one of Singapore’s key policies for attracting global talents, EP provides a pathway for foreign professionals to work in Singapore. EP holders not only enjoy career development opportunities in Singapore but can also explore options for family relocation and long-term residency. Therefore, for foreign entrepreneurs looking to expand into Singapore, EP is a vital tool for establishing human capital in the Singapore market and enabling family life in Singapore.
Why Choose SIG for Pass Application Needs?
- Expert Guidance: Our team consists of experienced professionals well-versed in Singapore’s pass application procedures. We provide personalised guidance to ensure a successful application.
- Efficiency: We understand the value of time. Our streamlined processes are designed for efficiency, ensuring that your application is processed quickly and accurately.
- Comprehensive Solutions: From EP to Tech@SG, we offer a comprehensive range of pass options to cater to diverse needs.
- Customer-Centric Approach: Your satisfaction is our priority. We are committed to delivering excellent customer service, addressing your queries promptly and providing regular updates on your application status.
Choose SIG for a stress-free and reliable pass application experience in Singapore. Let us be your trusted partner on your journey to professional success. Our streamlined application process ensures a quick and efficient experience, allowing you to focus on your business while we handle the paperwork.
Contact us today to get started on your pass application journey.
What Is Trademark Registration in Singapore?
"Trademark registration in Singapore is essential for protecting your brand, logo, name, or slogan from misuse and infringement. Registering your trademark with the Intellectual Property Office of Singapore (IPOS) gives you exclusive legal rights and strengthens your brand’s commercial value. SIG provides professional trademark registration services in Singapore, guiding businesses through every stage from trademark search to IPOS approval and renewal."
A trademark is a legally protected sign that distinguishes your goods or services from others. Once registered with IPOS, you gain exclusive rights to use the mark in Singapore and take legal action against infringement.
Trademark registration is especially important for:
- Startups and SMEs
- Foreign companies entering Singapore
- Brands expanding regionally
- eCommerce and digital businesses
While engaging in the Trademark Registration Services, we will help in:
How much does trademark registration cost in Singapore?
Trademark registration Singapore fees vary depending on the number of classes and services required. Government fees are fixed, while professional fees depend on complexity.
Is trademark registration mandatory in Singapore?
No, but without registration, you have very limited legal protection against infringement.
How long is a trademark valid in Singapore?
A registered trademark is valid for 10 years and can be renewed indefinitely.
Can foreign companies register a trademark in Singapore?
Yes. Foreign companies can register trademarks but usually appoint a local agent.
What happens if my trademark application is rejected?
Objections can often be resolved with proper responses. Professional handling significantly improves approval chances.
Why Trademark Registration Matters for Businesses?
Registering your trademark:
- Provides exclusive ownership rights
- Prevents competitors from copying your brand
- Enhances business valuation
- Builds customer trust and brand credibility
- Enables licensing and franchising opportunities
- Without trademark registration, brand protection in Singapore is extremely limited.
Our Trademark Registration Services in Singapore
SIG offers end-to-end services, ensuring accuracy, compliance, and faster approvals.
Trademark Search & Availability Check
We conduct comprehensive trademark searches to assess:
- Similar existing trademarks
- Risk of objections
- Registrability under IPOS rules
IPOS Examination & Objection Handling
Our team prepares and submits your application to IPOS, including:
- Classification under the Nice Classification system
- Accurate specification of goods and services
- Proper documentation and declarations
Trademark Application Preparation & Filing
If IPOS raises objections or clarifications, we:
- Respond professionally on your behalf
- Provide legal justifications
- Reduce rejection risks
Trademark Registration & Renewal Support
Once approved:
- Your trademark is officially registered in Singapore
- Protection lasts for 10 years
- We manage renewals to maintain continuous protection
License Application
“Unlock opportunities with proper licensing”
Navigating the licensing landscape in a foreign market can be challenging. At SIG, we simplify the license application process, enabling you to seize business opportunities with confidence.
Our license application services cover:
- Regulatory Compliance: We ensure that your business activities align with Singapore’s regulatory requirements, facilitating a smooth license application process.
- Customized Solutions: Whether it’s a professional, business, or specific industry license, we tailor our services to meet your unique needs.
- Application Management: Our team manages the entire application process, from submission to approval, keeping you informed at every step.
Legalization Services
“Navigating regulatory compliance”
Expanding your business to Singapore involves adhering to local regulations and ensuring all documents are legally recognized. Our Legalization Services streamline this process, allowing you to focus on your core business activities.
Our Legalization Services Cover:
- Document Authentication: We facilitate the authentication of your business documents, ensuring they meet the required legal standards.
- Notarization and Certification: Our team works with authorized notaries to certify and validate your important business documents.
- Apostille Services: For international clients, we provide Apostille services to ensure the recognition of your documents in countries that are part of the Hague Convention.
Trademark Registration Singapore Fees: What to Expect
Trademark registration Singapore fees depend on several factors.
Key Cost Components
- Government filing fees charged by IPOS
- Number of trademark classes
- Professional service fees
- Objection or opposition handling (if any)
While government fees are fixed, professional fees vary depending on complexity and support level.
How Long Does Trademark Registration Take in Singapore?
Typical timelines:
- Filing to publication: ~3–4 months
- Opposition period: 2 months
- Registration (if no opposition): ~6–9 months total
Timelines may vary if objections arise.
Who Can Apply for Trademark Registration in Singapore?
- Singapore companies
- Foreign companies
- Individuals
- Partnerships and sole proprietors
Foreign applicants are strongly advised to appoint a local representative for compliance and correspondence.
Why Choose SIG?
Businesses choose SIG because we offer:
- Experienced IP and corporate professionals
- Clear guidance on trademark registration Singapore fees
- Accurate IPOS filing and classification
- End-to-end support from search to renewal
- Support for local and international businesses
Our focus is long-term brand protection, not just filing.
If you’re planning to protect your brand or expand into Singapore, professional support can save time, cost, and legal risk.
Speak with SIG today to understand your trademark registration options, fees, and eligibility in Singapore.
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Singapore as Your Gateway to ASEAN
Wealth Management & Family Office
Singapore as Your Gateway to ASEAN
Wealth Management & Family Office
