It must be reported to the Inland Revenue Department of Singapore ("IRAS") every year.

Declare tax status

Submit tax form c or form c-s.

(Singapore Inland Revenue Department logo and full name)

According to the government budget of 20 16

Enterprises that meet the following conditions

From tax year YA20 18 to tax year YA2020, it is necessary to submit the estimated taxable income (electronic declaration) on the IRAS website.

Tax Form (Form C or Form C-S):

1, YA20 18 companies whose income in YA20 17 exceeds SGD100000.

2. A company whose revenue exceeds 1 9ya2019 by S $10,000.

3.YA2020 All companies

It's time to pay the tax bill

Deadline for submission method

E declaration submitted by IRAS official website 65438+February 65438+May.

Fill in the form manually and mail it to iras165438+1October 30th.

The difference between fiscal year and tax year

End of fiscal year = fiscal year

Tax year = tax year

take for example

Fiscal year 20161-2016121

Fiscal year =FY20 16

Tax year =YA20 17

Submit Form C or Form C-S of tax year YA20 17 before online electronic tax return-20/KLOC-0+05.

Fill in the form manually-Form C or Form C-S Tax Year Ya201711.30.

Electronic declaration online submission of required information.

1, online ECI (estimated taxable income) or Form C, Form C-S.

Iras www.iras.gov.sg, official website.

2. Information required:

(1) Singapore passport (PR or citizen), Iraqi passport (foreigner)

(2) Authorized to submit the company tax form Easy Access "Electronic Service Authorization System (Easy)".

(3) the company's financial statements and tax calculation forms

Paper file filing

Manually fill in and mail ECI or Form C and Form C-S:

1. Every May, IRAS will mail the tax bill to all enterprises registered in Singapore or print the tax bill on the IRAS website.

2. Fill in a complete tax form and sign it by the authorized person in charge (usually the company's director or CEO). The person signing the approval is responsible for the company's tax return.

From C-S

In order to reduce the burden on small and medium-sized enterprises

Simplify the requirements for tax returns.

Form C-S is a simplified version of Form C.

Starting from fiscal year 20 17, companies that meet the following conditions can submit forms c-s.

1, which must be a company registered in Singapore.

2. The company's annual income is less than S $5 million.

3. All the income of the company is 17% tax collection (for example, there is no tax-free income).

4. The company did not apply for capital reduction, group tax exemption, investment subsidy or foreign tax reduction.

Required information: the company's financial statements (consistent with the annual financial statements submitted by ACRA), income tax calculation.

Companies that do not meet the above conditions need to submit form C.

information needed

1, the company's financial statements (consistent with the annual financial statements submitted by ACRA)

2. Detailed income tax calculation and schedule