OUR SERVICES

Tax & Accounting Service

“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.

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