Tax Accounting and Planning

Why You Need Strategic Tax Accounting & Planning for Your Business

Our team of Singapore Chartered Tax Professionals (SCTP) delivers end-to-end tax solutions, transforming tax compliance from a necessary burden into a source of cash-flow efficiency and strategic value.

What is Corporate Tax Compliance and Filing?

Corporate Tax Compliance is the mandatory process of preparing and submitting accurate financial information to the Inland Revenue Authority of Singapore (IRAS) to determine a company’s tax liability.

Our Singapore Chartered Tax Professionals (SCTP) simplify this complex requirement, managing your entire tax lifecycle to not only ensure full compliance and avoid penalties, but also to identify strategic opportunities that drive cash-flow efficiency and value.

Our Key Compliance Services

Corporate Income Tax Return (Form C/C-S/C-S Lite) Filing: Preparation and e-filing of the annual Corporate Income Tax return (by November 30th) based on your financial records

Estimated Chargeable Income (ECI) Filing: Calculation and submission of your company’s estimated profit for the Year of Assessment (within 3 months of the Financial Year End)

Tax Computation & Schedules: Preparation of detailed tax computations to reconcile accounting profit with taxable income, maximising all eligible deductions and capital allowances

Tax Clearance: Handling tax clearance for foreign employees ceasing employment or leaving Singapore to ensure compliance with withholding tax obligations

Accurate tax filing is supported by robust annual accounts, which we also ensure through our audit and assurance services

Tax planning is most effective when integrated into your business strategy. We work with you proactively to structure your operations and transactions for optimal tax efficiency within the legal framework.

Planning Area	Our Strategic Service	Tax Benefit
Start-Up & SME Incentives	Advising newly incorporated companies on maximising the start-up tax exemption (SUTE) and the partial tax exemption scheme	Reduces tax on the first of chargeable income
Capital & Deductions	Identifying and correctly claiming capital allowances on assets and maximising deductions like R&D, training, and overseas market expansion	Lowers your overall taxable income
Business Structuring	Advising on the most tax-efficient structure (e.g., sole proprietorship, partnership, limited company, holding company) for your specific goals and group relief eligibility	Optimises tax treatment for group entities and future expansion

To properly plan for future tax liabilities, you need clarity on your employee costs and benefits. Our advice on staff remuneration structures can integrate seamlessly with your payroll services, ensuring all employment benefits are correctly calculated and reported to IRAS.

Specialised and International Tax Services

For complex operations, we offer expert advisory on Goods & Services Tax (GST) Advisory , Transfer Pricing (TP) Documentation , Withholding Tax , and International Tax & DTA to ensure global and local compliance.

The Tax Future: Proactive Readiness

With ever-evolving tax framework and new global initiatives to push for green initiatives, we keep you updated on all relevant government grants and tax deductions designed to reward sustainable practices, ensuring your business is ready to claim new reliefs and position itself for long-term growth through our sustainability services.

Transform tax compliance into strategic advantage

Get in Touch with Us Today

What Our Clients Say About Our Services

As a foreign firm we needed a safe and competent advisor to look after our affairs in Singapore. We found this in Lisa Liew and her team at PHILIP LIEW & CO. They have looked after us for many years in Singapore and will continue to do so.

Mr Guy Ioppolo

FCPA

Managing Partner

Ioppolo & Associates, Australia

I believe one of the best decisions I have ever made in my business was to engage your company’s quality, value for money services. I truly treasure you and team’s professional, responsive, responsible and yet very friendly easy-approachable support throughout. I would expect our business relationship would go a long, long way forward. Wish us all the success!

Mr Willie Wong

Co-founder

Frontken Corporation Berhad, Malaysia

Thank you so much for the wonderful job done by the auditor. We really appreciate that. They have been patient with us with explanati ons on some of the requirement (especially on the trademarks which took about half a year to claim) and the guideline that we need to follow. The auditor shows his professionalism, eﬃciency and accuracy in his work.

Chantel Ng

General Manager

Golden Cycle Marketing Pte Ltd

The whole audit process was very efficiently and professionally carried out by your team. From the start, your Firm gave us immediate response to our request that your Firm undertake the audit assignment. Subsequently during these 2 months you have assisted us in our numerous queries. Your auditor, Ms Philo, was quick to find out errors, mainly in some documentation translation which were properly rectified. The Statement of Claim and audit report were completed promptly within 2 weeks after we submitted the required documents.
We are also grateful for your guidance to submit our claim to Enterprise Singapore subsequent to the audit.

Dan Cheng

General Manager / Director

Global B2B Pte Ltd

The fee quote was provided promptly and was reasonable to the market rate.

The staﬀ that was handling our audit was knowledgeable about the Grant submissioan and audit requirements. They were able to advice clearly the steps required. Guidance was provided when we asked ques ons and our ﬁrm was able to complete the grant submission promptly and smoothly.

I would highly recommend Philip Liew & Co for their professional work. If I have future grants I would hope to enlist them again.

Janice Tan

Director

Tantex Pte Ltd

After the successful M&A of my previous company, I have continued to use the bookkeeping services offered by Philip Liew & Co for my new venture. I am extremely satisfied with their prompt actions especially on the part to convene crucial meetings on short notice. Jeanne and her experience team have displayed strong expertise in all accounting matters. They are a valuable partner and my confidence with them is a testament of their abilities. Cheers!

Mr Kingsley Peh

Director

NBT Asia Pte Ltd

Our company has been working with Philip Liew & Co since 2015. We engage them for accounting services, secretarial services and tax services. When we expanded our market to overseas, we were supported by grants from IE Singapore. Philip Liew & Co audited our grant claim submissions for Enterprise Singapore Grant – Global Company Partnership, and Marketing Readiness Assistant (MRA) Grant.

Throughout our relationship with Philip Liew & Co, we are impressed with their professionalism, responsiveness and quality of work. Specifically, their staff are knowledgeable in the regulatory compliance matters, and their attention to details is world class.

I strongly recommend Philip & Co for your compliance and advisory needs.

Martin Lin

Managing Director

Ingenique Solutions Pte Ltd

Philip Liew & Co has performed the audit work for below Grant submission for Enterprise Singapore Grant- Global Company Partnership, and Market Readiness Assistance (MRA) Grant

The firm has performed a good job. All the works and documents are well organised and reliable. Mirxes Pte Ltd was satisfied with the audit work that performed by the firm.

Elaine Kuan

Finance Manager