The financial report is required to be presented at the general meeting of shareholders. The financial report must be compiled in English in accordance with the standards of ICPAS and submitted to acra within one month after the general meeting of shareholders (AGM). The period of accounting service can be determined according to the needs of customers.

In each financial year, a Singapore company must submit a financial report in English compiled in accordance with the standards of the Singapore Institute of certified public accountants, including accounting, proposed director's report, director's statement, profit and loss statement, balance sheet, cash flow statement and classification notes, etc

Companies incorporated in Singapore are required to prepare annual accounts, make annual tax estimates and complete tax returns in accordance with the requirements of the government's tax department. Estimated taxable income (ECI) and tax return (Form C) to be submitted in the subsequent corporate tax reporting stage_ S) It's all based on this report.

A company incorporated in Singapore or a foreign company carrying on business in Singapore is subject to corporate tax, or corporate income tax, in Singapore. The company tax is levied on the profits of the enterprise, not the turnover. The tax rate is 17%, and it is declared once a year.