Virtual Office services
3E SERVICES
+Registered Address Services
For each Singapore incorporated entity, there is a statutory requirement to have a Singapore based registered address. The registered address must be a physical address (not a PO Box) where company records are kept and where official correspondence can be sent and received. Our registered address service consists of:
- We will list our address as your company’s registered address with Singapore Company Registrar
- We will handle and forward incoming mail for your company as per your instructions
Want a Call Forwarding Services to divert the company phone calls to Singapore Mobile / Overseas Mobile or Fixed Line? Want to have control on the line and deal directly with the telecom provider. Contact us today and we can arrange for you.
Our recommended service provider can answer your call just as if we were your in-office staff.
- Instant Receiving of Faxes from Singapore and Overseas..
- Fax Number can be utilize on Namecards, Letterheads, Websites, Forms and Etc.
- Operational 24 Hours Daily for Receiving of Faxes
- Free Incoming Faxes and Forwarding of the Incoming-Faxes in PDF format to Client’s Designated Email Addresses
- Out-going Fax locally or overseas as PC attachment (Out-Going Fax Charges Applies)
Are you searching for a meeting room for interviews, or meeting up with your client? We have meeting rooms in Goldhill Plaza conveniently located beside Novena MRT
Stamp/Seal Makers
Self Inking Rubber Stamps is a MUST have for all businesses! We offer EXPRESS 10 Minutes Self-Ink Stamps at INCREDIBLE LOW prices.
Self Inking Rubber Stamps is a MUST have for all businesses! We offer EXPRESS 10 Minutes Self-Ink Stamps at INCREDIBLE LOW prices.
+Common Seal (Normal Delivery)
The Common seal / Company seal consist of two metal plates in which one plate has the protruding print contents while the other plate has the corresponding sunken print contents.
Taxation services
3E SERVICES
+Preparation and Filing of Annual Tax Return with IRAS
Each Singapore Company must file its income tax return with Inland Revenue Authority of Singapore (IRAS) on an annual basis. The IRAS filing consists of two parts:
- Filing of Income Tax Return with tax computation by Novermber 30 of the following year.
As part of our annual tax filing service, we will take care of both ECI and Income Tax Return preparation and filing with IRAS.
- Filing of Estimated Chargeable Income (ECI) within 3 months of the financial year end of the company.
+Productivity and Innovation Credit Cash Grant Claim Submission
Eligible businesses can apply to convert up to $100,000 of their total expenditure in all the six qualifying activities into a non-taxable 60% cash payout.
Businesses eligible to apply for the cash payout are sole-proprietorships, partnerships, companies (including registered business trusts) that have:
- Incurred qualifying expenditure and are entitled to PIC during the basis period for the qualifying YA;
- At least 3 local employees (Singapore citizens or Singapore permanent residents with CPF contributions) excluding sole-proprietors, partners under contract for service and shareholders who are directors of the company.
- Active business operations in Singapore.
It is compulsory for businesses to come forward to register for GST when their turnover exceeds $1mil per year. Businesses that do not exceed $1mil in turnover may register for GST voluntarily.
+Submission of GST Return
All submissions of GST returns must be submitted via e-Filing (myTax Portal ). Failure to e-File is an offence punishable with a fine up to $5,000 and in default of payment, an imprisonment term up to six months. GST returns must be submitted within one month from the end of each accounting period. If there is no transaction done, you are still required to submit a “NIL” GST return.
Once the document is signed and dated, stamp duty needs to be paid : 1.Within 14 days after the date of the document if the document is signed in Singapore or 2.Within 30 days after the date of its receipt in Singapore if the document is signed overseas You can pay stamp duty easily using IRAS e-Stamping system. It is an offence to use a document which stamp duty has not been paid on. If IRAS detects a document where stamp duty has not been paid, a penalty of up to 4 times will be imposed. In addition, a document where stamp duty is paid can be admitted as evidence in the court in cases of disagreements.
Secretarial Services
3E SERVICES
+Company Secretary
Each Singapore company must have a qualified company secretary who is resident of Singapore and experienced with Singapore Companies Act.
Each Singapore Company must hold an Annual General Meeting (AGM) and lodge an Annual Return with Accounting and Corporate Regulatory Authority (ACRA) of Singapore.
Our annual company secretary retainer fee is for routine corporate secretarial services which include:
- Appointing a qualified company secretary
- Reminding you of the various statutory compliance dates
- Safekeeping, updating, and maintaining statutory records of the company
- Preparation and Filing of Annual Return with ACRA
+Non-Routine Corporate Secretarial
Non-routine corporate secretarial services such as changes in company structure, change in directors, change in shareholders, and etc. Please refer to our “Company Secretary Service” pages for the details.
+Striking-Off Services – Company
A company, regardless it being a private company, exempt private company, public company limited by shares, public company limited by guarantee, may apply to ACRA to strike its name off the Register pursuant to Section 344 of the Companies Act. We can submit the “Application for Striking Off” on behalf of the Company upon request.
Personal Income Tax
3E SERVICES
+Personal Income Tax submission
As an employee, you must submit your personal paper tax return by 15April (If you e-File, you have up to 18 Apr to do so) each year.
+Partnerships Form P submission
While a partnership does not pay tax, it still has to file an annual income tax return (called the Form P) to show all income earned and business expenses deducted by the partnership during the year. The partnership is required to file the Form P if it has received the paper Form P or invitation to e-File, even if it has not commenced business in the year.
+Striking-Off Services – Company
A company, regardless it being a private company, exempt private company, public company limited by shares, public company limited by guarantee, may apply to ACRA to strike its name off the Register pursuant to Section 344 of the Companies Act. We can submit the “Application for Striking Off” on behalf of the Company upon request.
Accounting Services
3E SERVICES
+Compilation of Unaudited Financial Statements
Once your accounts are ready, we can prepare the year-end financial statements along with Director’s Report in compliance with Singapore standards.
+XBRL Conversion of Financial Statements
Those Singapore companies that are required to attach a copy of their financial accounts with the company’s Annual Return are required to do so in XBRL format. XBRL, or eXtensible Business Reporting Language, is a new industry standard that uses the XML-based framework to present financial statements. As part of our XBRL service, we will convert your company’s financial statements into XBRL format in compliance with ACRA requirement if necessary.
If required, we can provide bookkeeping service for your company. Our fee for this service starts at S$300/month and depends on the volume and complexity of your monthly transactions. When you engage our incorporation services, we will be happy to discuss with you about your bookkeeping service requirements and provide you with a quotation accordingly.
Our annual bookkeeping service is useful for small companies that have relatively small number of annual transactions and have not done any bookkeeping during the course of the year. Under our annual bookkeeping service, we will reconcile bank statements, record and classify all financial transactions into relevant general ledger accounts and prepare the necessary year-end financial statements. When you engage our incorporation services, we will be happy to discuss with you about your bookkeeping service requirements and provide you with a quotation accordingly.
- Monthly – From $600 (W/GST $642)
- Quarterly – From $800 (W/GST $856)
- Half yearly – From $1,000 (W/GST $1,070)
- Annually – From $1,300 (W/GST $1,391)
- Other Ad-hoc Bookkeeping or Administrative Support Services – $100 Per hour
+Setting up Computerised or Web-based Accounting System
We provide free consultation of pros and cons of each type of accounting software available in the market. Further, we can assist you in setting up your accounting system using Microsoft Excel if you do not want to use any accounting software.
+Preparation of Consolidated Accounts
At 3E, we don’t believe in a one size fit all package for our clients. Call us to discuss more on how we can help you to consolidate your accounts and be in compliance with Singapore Financial Reporting Standards.
Human Resource
3E SERVICES
+Monthly Payroll
If required, we can provide monthly payroll service for your company. For our basic payroll service, we charge a monthly fee of S$50/each staff for the first 10 employees and S$40 for each additional employee. When you engage our incorporation services, we will be happy to discuss with you about your payroll service requirements and provide you with a quotation accordingly.
If you intend to hire local employees (Singapore Citizens and Permanent Residents) you will need to open a CPF account with the Central Provident Fund (CPF) Board and a percentage of the local employees’ salaries will be contributed to this Board on a monthly basis as part of their retirement fund. For more details, please visit www.cpf.gov.sg. We can help you register your Company CPF account and manage your staff payroll, if required.
Auditing Service
3E SERVICES
+Singapore Statutory Audit
A company is exempt from audit requirement if it satisfies the following conditions:
- All shareholders are individuals and
- Total number of shareholders are less than 20 and
- Annual turnover of the company is less than S$5 million.
If your company is subject to annual audit requirement, we work with an external audit partner in order to maintain independence and objectivity of the work performed. The fee listed here is our external audit partner’s estimated audit fee for a company with low number of transactions for the year.
+Rental / Sales Audit Services
Are your landlords asking your revenue be certified by a public accountant? This is why you need us. Email us today for getting your quotation.
Business Advisory
3E SERVICES
+Valuation Services
+Financial & Tax Due Diligence Audit
Working with the management, buyer or seller of business entities, and their lead advisers to validate the commercial and financial information of the transaction.
+Budgets and Cash Flow Forecasts
The budgeting process is a source of competitive advantage. Effective budgeting requires careful research and realistic planning as well as collaboration. It can help to set high objectives or move the business into new territory.
- Compilation of IFRS report for foreign accounts (i.e. China PRC, Indonesia, and etc)
- IFRS reconciliation for foreign countries GAAP
