Tax & Accounting
Get all the bookkeeping and tax filing help you need with Piloto Asia, provided by our network of professional and chartered accountants.
Affordable Professional Accounting Services
Our rates are highly competitive, and we work with clients of all sizes.
30-Day Service Guarantee
We’re so confident in our accountants that we’ll offer a full refund within 30 days if you are not satisfied with our services!
Expert Tax Advice
Access expert bookkeeping and tax advice to help you stay on top of your finances and save money on taxes.
Know Your Industry
Our accountants are up to date with relevant industry knowledge, providing the best solutions and advice.
CFO Level Support
Our premium bookkeeping packages include financial recommendations to boost your business to the next level!
Our accountants and bookkeeping services in Singapore are 100% compliant and error-free.
Choose the Singapore Tax & Accounting Package that suits your requirements
This plan includes:
- Annual Management Reports
- 100 Transactions per Year
- Corporate Tax Return: ECI
- Unaudited Financial Statement
- Free XERO Subscription (Worth S$800)
WITH ACCOUNT MANAGER
All the benefits of Holding Company Package +
- Quarterly Management Reports
- From 50-200 Transactions a Month
- Tax Optimization Advisory
- Personalized 1-to-1 Account Manager
- XBRL Filing
WITH AUDITOR LIAISION
All the benefits of Operating Company Package +
- Quarterly GST Reporting
- Cross Jurisdiction Support
- Audited Financial Statements
- Liaision with Auditor
- 60-day service guarantee
Piloto Asia offers a 30+ Day Money-Back Guarantee
We are confident in the quality of service offered by our accountants and tax professionals.
However, if you purchase one of our Singapore accounting services and are not satisfied, we will promptly refund your money within 30-60 days of your purchase date.
Can't find what you're looking for? Get in touch with us for customized packages!
Got a question about our Accounting and Bookkeeping Services?
We’d love to hear from you!
Contact our team
Our Accounting Team would love to hear from you. Fill in the form by clicking on the button below.
We’ll schedule a free consultation so we can understand your business needs and accounting requirements.
Get your quote and advice
Share your existing documents such as bank statements and general ledger, and receive a firm quote.
We will handle the rest
Let Piloto Asia take the hassle out of accounting and deal with IRAS so you can concentrate on making money.
Frequently Asked Questions About Our Accounting Service
At Piloto Asia, we provide your company with transparent and convenient accounting and taxation services. As an outsourced accounting service provider, we give you, the business owner, more time to focus on the business by taking away the painstaking and time-consuming process of managing your books and finances.
Through the use of Xero and other accounting software, we offer 100% digital solutions for all of your transactions, expenses, invoices, and other financing records. When you avail of any of our packages, you'll have access to our team of professional accountants who are ready to address any concerns and questions you might have when it comes to bookkeeping and taxation.
All you have to do is get in touch with our accounting team via Phone, Email, or WhatsApp and we'll talk you through the rest.
If your company is exempt from audit, you will need to prepare an Unaudited Financial Statement (UFS), which is compiled every financial year-end. This forms the basis for annual return and tax reporting.
This includes the Director’s Statement, Statement of Profit or Loss and Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity, Statement of Cash Flow and Notes to the Financial Statements.
Piloto Asia offers a 100% online accounting service with the help of a Cloud accounting software, so you can send in your cash flow statement, income statement, financial report, records of financial transactions and other important documents via email in whatever format you have available.
XBRL, which stands for eXtensible Business Reporting Language, is a language for electronic communication of financial and business data Worldwide. Regulators, companies, governments, data providers, investors and analysts use XBRL for risk and performance assessment, company comparisons, rating and regulatory reporting.
In Singapore, XBRL is a requirement for companies being audited and those with corporate shareholders. If your firm is an exempt private company (EPC) that is insolvent, you are required to file FS in XBRL format as well.
For further details, refer to ACRA’s guide on XBRL filing and reporting requirement which can be found here.
All Singapore companies are required to compile and prepare tax returns to IRAS every year, regardless of whether you are dormant or active. As a full-service professional accounting firm, we assist businesses in corporate tax compilation, and ECI tax report filing. We also support GST registration and quarterly compilation of reports for GST-registered companies.
Piloto Asia’s trusted tax professionals will keep you up to date of any new developments that have an impact on your business.
Corporate tax is compiled and filed every year. Under IRAS’s requirements, all companies are required to complete a tax computation and submit the ECI (Estimated Chargeable Income) within 3 months from the financial year end (FYE). The Form C / Form C-S is usually submitted by November every year, requiring the tax computation, detailed P&L statement, and financial statements for submission to IRAS.
All private limited companies (Pte Ltd) are required to submit two corporate income tax returns every year, regardless of business activity or profitability.
Note: ECI waiver can be granted if the companies meet the qualifying conditions.
Unless your company is under administrative concession or dormant, you may still need to fulfil the above filing requirements yearly even if your company is running at a loss. When in doubt, you are always advised to consult your accountant.
Dormant companies are still required to file a tax return with IRAS annually, in the format of Form C-S, unless you have been granted submission waiver by IRAS.
We're more than happy to help you clean up your books. During the on-boarding process, the assigned accountant will go through a one-on-one consultation with you to identify your needs and goals from our accounting service.
If any issues are identified during on-boarding, don't worry because through Xero and other accounting software, we carry out what's called a Reconstruction of Accounts. This is a process that ensures our clients’ business accounts and money accounts are in accordance with the Accounting Standards of Singapore.
Once that's done, our accountant will continue with the on-boarding process and introduce you to the accounting services and solutions that we'll provide for you.
Your liability for GST registration depends on the value of your taxable turnover.
This refers to the value of goods and services supplied by you, which are regarded as taxable supplies for GST purposes.
You must register for GST if your taxable turnover at the end of any calendar year on or after 1 Jan 2019 is more than S$1 million.
Please refer to our complete guide on GST Singapore for your reference.
You will not be required to register for GST if:
Case 1: Your taxable turnover is wholly or mainly from zero-rated supplies, and you choose to apply for exemption from registration.
Case 2: You are certain that your taxable turnover for the next 12 months will not exceed S$1 million and have supporting documentation to substantiate your projection.
Investment holding companies are not required to register for GST as AUM is not a kind of goods nor services.