Food & Beverage (F&B)
Inventory reconciliation, POS transaction mapping, supplier payouts, and quarterly GST compliance.
Verified Client: Alex Teo, F&B Director
5.0 ★ Google Rating (20 Verified Reviews)
Big Four Precision. Transparent Pricing. Zero Compliance Stress.
From SGD 750 company incorporation to comprehensive bookkeeping, corporate secretarial, and IRAS tax filing. Headquartered at Six Battery Road, Singapore.
5.0 ★ Google Rating (20 Verified Reviews) · Founded by Ex-Big Four Professionals · 100% On-Time ACRA & IRAS Filing Guarantee
5.0 ★
Google Rating
20 Verified Singapore Business Reviews
S$0
Hidden Fees
100% Upfront Transparent Retainers
100%
On-Time Lodgments
ACRA BizFile+ & IRAS myTax Submissions
S$750
Formation Bundle
Incorporation + 1 Full Year Corporate Secretary
Trusted Across Singapore's Core Commercial Industries
From fast-paced F&B kitchens to regional trading MNCs, Singapore business owners rely on SHORTS for statutory discipline and proactive strategic advice.
Construction & Engineering
Progress billing, sub-contractor documentation, MOM statutory payroll, and project cash flow management.
Verified Client: Sean, Construction Director
Retail & E-Commerce SMEs
Omnichannel accounting, merchant settlement reconciliation, and timely year-end corporate tax filings.
Verified Client: Jessie Lim, Retail Owner
Childcare & Education
Strict fee segregation, multi-centre statutory books, grant compliance, and expansion capital structuring.
Verified Client: Chung Haw LAU, Childcare Founder
International Trading MNCs
Cross-border headquarters liaison, DTA treaties, multi-currency accounting, and transfer pricing oversight.
Verified Client: Alistair Worthington, COO
Full-Lifecycle Singapore Corporate & Accounting Services
Nine specialized operational pillars designed to eliminate compliance anxiety and protect director standing under the Singapore Companies Act and IRAS regulations.
Company Incorporation
Fast-track Singapore Private Limited formation via ACRA BizFile+ in 1–3 days. Includes constitution drafting, share certificates, and director resolutions.
- ACRA Name Check & Registration
- Includes 1st Year Corporate Secretary
- 100% Foreign Ownership Permitted
Corporate Secretarial
Mandatory under Section 171 of the Singapore Companies Act. Dedicated qualified resident secretary managing your statutory registers, AGMs, and ACRA updates.
- Annual General Meeting (AGM) Filing
- Statutory Register Custody
- Routine Director Resolutions Included
SME Accounting & Bookkeeping
Tailored monthly packages for Singapore small businesses. General ledger upkeep, bank reconciliations, P&L compilation, and proactive financial health reviews.
- Monthly / Quarterly Financial Statements
- SFRS for Small Entities Compliance
- Cloud Accounting Software Integration
Corporate & Personal Tax
Strategic IRAS tax computation and lodgment. Claim startup exemptions (first S$100,000 normal chargeable income), ECI submissions, and Form C-S filings.
- Estimated Chargeable Income (ECI)
- Form C / Form C-S Preparation
- Avoid 5% Immediate IRAS Penalties
Goods & Services Tax (GST)
Mandatory advisory for entities surpassing S$1M turnover, voluntary registrations, and timely quarterly Form GST F5 submissions via IRAS myTax Portal.
- Input vs Output Tax Reconciliation
- Quarterly F5 Filing Calendar Management
- Statutory 5-Year Record Keeping
Outsourced Accounting Department
Replace high full-time headcount overheads with our complete back-office team: billing, cheque issuance, AR/AP aging tracking, and executive reporting.
- Accounts Payable & Receivable Care
- Vendor Invoicing & Payment Controls
- Saves up to 60% vs In-House Hiring
HR & Payroll Services
End-to-end wage calculations, Ministry of Manpower (MOM) compliant itemized e-payslips, CPF EZPay lodgments, and IR8A year-end tax distribution.
- CPF Account Setup (From S$30)
- S$10–S$20 / Employee / Month
- IR8A & Auto-Inclusion Scheme (AIS)
Corporate Bank Facilitation
Dedicated introductions and documentation liaison with Singapore’s premier banking institutions (DBS, OCBC, UOB) and international multi-currency providers.
- Local & Foreign Director Support
- Certified Board Resolution Package
- KYC Verification Preparation
XBRL Financial Statements
Mandatory conversion of company financial accounts into eXtensible Business Reporting Language (XBRL) taxonomy for official ACRA Annual Return submissions.
- Simplified & Full XBRL Taxonomy
- Zero ACRA BizFile+ Validation Errors
- Prevent S$300+ ACRA Default Penalties
Transparent Upfront Pricing with Zero Hidden Costs
While competitors hide fees behind vague enquiry forms, SHORTS delivers audit-grade certainty. Toggle your company stage below for instant all-inclusive SGD pricing and statutory milestone schedules.
Complete Incorporation Bundle
Designed for founders establishing a compliant Singapore entity with zero friction.
S$750 all-in promotional rate
- ACRA Name Reservation & Filing: Government fee handled, 1–3 day setup.
- 1 Full Year Corporate Secretary: Named resident officer meeting Section 171.
- Statutory Deliverables: Constitution, First Board Resolutions, Share Certificates.
- Corporate Banking Introductions: Priority assistance with local tier-1 banks.
Key Statutory Deadlines Ahead
Day 1 to 3
ACRA Registration & UEN Issued
Unique Entity Number issued, BizFile profile registered, company officially active.
Within 6 Months of FYE
First Annual General Meeting (AGM)
Directors present initial accounts to shareholders; managed by SHORTS secretarial retainer.
Within 3 Months of FYE
IRAS Estimated Chargeable Income (ECI)
Submit revenue and estimated taxable income to IRAS, applying qualifying startup exemptions.
By 15 December
Form C-S / Form C Lodgment
Annual corporate tax return lodgment on IRAS myTax Portal with zero late submission penalties.
Essential SME Compliance Package
Ideal for established operational companies with 1 to 20 staff looking for complete peace of mind.
S$400 / month + S$650 annual sec
- Monthly Bookkeeping & Reconciliations: Bank feeds, invoices, expense categorisation.
- Corporate Secretarial Retainer: Full Section 171 governance and Annual Return filing.
- SFRS for Small Entities Statements: P&L, balance sheet, cash flows for bank facilities.
- Payroll & CPF EZPay: S$10–S$20/pax with itemized MOM e-payslips.
Routine Operating Milestones
14th of Every Month
MOM & CPF Board Lodgment
Mandatory CPF contribution payment via CPF EZPay to avoid late interest penalties.
Monthly or Quarterly
Management P&L & Balance Sheet Review
Delivered by Wilson and the accounting team to track gross margins and operating cash flow.
Within 7 Months of FYE
ACRA Annual Return Lodgment
BizFile+ filing of statutory financials and company particulars; zero strike-off risk.
Enterprise & MNC Subsidiary Governance
Comprehensive corporate accounting, XBRL lodgment, and overseas HQ reporting.
From S$850 / month tailored scope
- Quarterly GST F5 Returns (9%): Input/output tax reconciliation and IRAS submission.
- Full XBRL Filing: Preparation and conversion for mandatory ACRA compliance.
- DTA Certificate of Residence (COR): Double taxation avoidance treaty filings.
- Dedicated Advisor: Senior advisor Howard as primary liaison for foreign group HQs.
Statutory Corporate Schedule
Quarterly (30 Apr, 31 Jul, 31 Oct, 31 Jan)
GST Form F5 Lodgment
Filed within 1 month after quarter close via IRAS myTax Portal with GIRO settlement.
Annually
Full ACRA XBRL Financial Lodgment
Comprehensive financial mapping matching ACRA's revised taxonomy requirements.
30 November
Corporate Income Tax (Form C)
Detailed tax computation, capital allowance claims, and foreign tax credit schedules.
Four Frictionless Steps to Seamless Statutory Compliance
We replace archaic paper trails and confusing bureaucracy with direct digital execution and personal partner accountability.
Fixed-Fee Consultation
Connect directly via WhatsApp (+65 8612 4114) or visit Six Battery Road. We review your structure, transaction volume, and provide an all-inclusive SGD quote with S$0 hidden costs.
ACRA Name & Filing
We vet and reserve your entity name on BizFile+, draft the company constitution, coordinate digital director signatures, and secure ACRA Certificate of Incorporation within 1–3 days.
Cloud Bookkeeping & Registers
We establish statutory registers, configure your cloud bookkeeping workflows, structure chart of accounts, and manage your ongoing CPF/payroll deadlines punctually.
Annual ACRA & IRAS Lodgments
Wilson and our audit-trained team prepare financial statements under SFRS, file ECI, conduct AGMs, and submit Form C-S/C and Annual Returns without delay.
Big Four
Audit Pedigree · Founded 2018
The SHORTS Standard: Big Four Pedigree, Partner-Led Care
Founded in 2018 by seasoned professionals from global Big Four audit firms, SHORTS operates on a fundamental principle: "Happy customers, happy SHORTS". We believe corporate accounting shouldn’t feel like an impenetrable fortress of legalese.
Accessible Senior Leadership
Unlike traditional corporate secretarial firms where clients are relegated to junior clerks, your business is directly advised by senior practitioners Howard and Wilson.
Zero Statutory Filing Regrets
Late filings trigger immediate S$300+ ACRA default penalties and 5% IRAS tax fines. We maintain a flawless 100% on-time record across thousands of lodgments.
Prime Raffles Place Headquarters
Headquartered at Level 30 Six Battery Road in the heart of Singapore's central business district, offering institutional credibility and a central meeting location.
Verified Google Reviews from Singapore Business Owners
Real verbatim testimonials from business founders who entrust their corporate compliance and financial ledgers to SHORTS.
Google review
“I’ve been engaging SHORTS for our accounting, corporate secretarial matters, and tax filing. Howard has been extremely professional, reliable, and responsive. What impresses me most is his patience and willingness to explain details clearly whenever I have questions — even last-minute ones. He goes beyond just compliance work, providing advice that helps me make better business decisions.”
Google review
“We've been engaging Shorts Pte. Ltd. for our company's tax and accounting services and our experience has been nothing short of excellent. Howard is highly professional, responsive and knowledgeable, ensuring that our financial matters are handled accurately and efficiently. We would highly recommend Shorts to any business seeking reliable and competent tax and accounting support.”
Google review
“As a construction company director, I have been working with them several times for our accounting, corporate secretarial services and tax filings. Their team is extremely professional and reliable, and most importantly, they patiently listen and attend to my requests and questions. Response is quick and explanation is clear every time. They have made my compliance and reporting much easier.”
Google review
“We have been using Shorts Accounting Firm for our corporate secretarial services, financial reporting, and tax submissions for the past 3 years. From the very beginning, Howard has been an exceptional partner. He is incredibly knowledgeable in all accounting and financial matters, and his advice has been instrumental in helping us expand our childcare business in Singapore.”
Google review
“Shorts Pte Ltd, led by Howard, has continually exceeded my expectations. Their team is approachable, highly organised, and always up-to-date on compliance and tax regulations. Howard’s advice is invaluable — strategic, clear, and tailored to my company’s needs, making complex matters simple. Timely responses genuinely make running my business smoother.”
Singapore Corporate & Tax Compliance FAQ
Authoritative answers on ACRA BizFile+ lodgments, IRAS tax deadlines, and statutory responsibilities under Singapore law.
What is Section 171 of the Singapore Companies Act?
Section 171 mandates that every company incorporated in Singapore must appoint at least one qualified, ordinarily resident company secretary within 6 months of its incorporation. The corporate secretary cannot be the sole director of the company and must ensure the firm fulfills all ACRA statutory filing deadlines, maintains company registers, and prepares AGM resolutions.
What are the key annual statutory filing deadlines for a Private Limited Company?
Singapore private companies must adhere strictly to three annual statutory deadlines:
- Estimated Chargeable Income (ECI): Filed via IRAS myTax Portal within 3 months of the company's financial year-end (FYE).
- Annual General Meeting (AGM): Held within 6 months of FYE (or exempted under specific shareholder approval criteria).
- Annual Return (AR) with ACRA: Lodged via BizFile+ within 7 months of FYE.
- Corporate Income Tax (Form C-S / Form C): Submitted to IRAS by 15 December of the Year of Assessment.
How does the Singapore Startup Tax Exemption scheme work?
Qualifying new Singapore companies enjoy substantial tax exemptions during their first three consecutive Years of Assessment (YAs). Under the current scheme, you receive a 75% tax exemption on the first S$100,000 of normal chargeable income, plus a further 50% exemption on the next S$100,000. Above this, the flat Singapore headline corporate income tax rate is just 17%.
When is Goods & Services Tax (GST) registration compulsory in Singapore?
GST registration is strictly compulsory if your company's taxable turnover exceeds S$1 million at the end of any calendar year (retrospective basis) or is reasonably expected to exceed S$1 million in the next 12 months (prospective basis). The current GST rate is 9%. Failing to register within 30 days of crossing this threshold triggers heavy IRAS penalties.
Can a foreigner incorporate and 100% own a Singapore company?
Yes. Singapore corporate law permits 100% foreign shareholding. Foreign entrepreneurs do not need to be physically in Singapore to incorporate. The sole statutory requirement is that at least one appointed director must be ordinarily resident in Singapore (Singapore Citizen, Permanent Resident, or EntrePass/EP holder). SHORTS assists with all remote documentation and corporate bank account facilitation.
What is the difference between SFRS and SFRS for Small Entities?
Singapore Financial Reporting Standards (SFRS) align with full international accounting standards. However, small Singapore entities can adopt SFRS for Small Entities (SFRS for SE), which simplifies disclosure requirements. To qualify, an entity must satisfy at least two of three criteria across two consecutive financial years: total annual revenue ≤ S$10 million, total balance sheet assets ≤ S$10 million, or total employees ≤ 50.
Ready for Zero-Friction Compliance?
Ready to Put Your Company Compliance on Autopilot?
Join hundreds of Singapore SME founders and multinational corporate directors who depend on SHORTS for Big Four technical precision, partner responsiveness, and transparent fixed SGD pricing.
S$0 Hidden Fees Guarantee
100% On-Time ACRA & IRAS Filing
Direct Partner Guidance (Howard & Wilson)