Our Services

Accounting & Taxation

Streamlined Accounting and Tax Services for Your Peace of Mind

Managing your company’s finances can be complex and time-consuming. At NZH, our streamlined accounting and tax services are designed to simplify these critical tasks, allowing you to focus on what matters most—growing your business. Our expert team ensures accuracy, compliance, and efficiency in handling your financial and accounting needs.

Comprehensive Accounting Support

  • Setup of accounting systems and chart of accounts
  • Bookkeeping Services
  • Payroll and GST reporting
  • Accounts consolidation
  • Financial reporting
  • Management reports and financial analysis
  • Audit coordination

Financial Statement Preparation & XBRL Conversion

  • Preparation of unaudited financial statement
  • XBRL Conversion (eXtensible Business Reporting Language)

GST Registration & Compliance

  • GST Registration & Exemption
  • GST Filing & Compliance
  • GST Review & Reporting
  • Assisted Self-help Kit (ASK) Review
  • GST Scheme Applications
  • GST Advisory

Corporate Tax Compliance & Consultancy

  • Corporate Tax Compliance & Consultancy
  • ECI, Income Tax Computation & Annual Tax Return Filing
  • Withholding Tax Compliance and Guidance
  • Tax Authority Communication
  • Corporate Tax Planning
  • Avoidance of Double Taxation Agreements (DTA)
  • Tax Incentives & Grants

Individual Tax Compliance & Consultancy

  • Income Tax Computation & Filing
  • Employee Remuneration Reporting
  • Tax Clearance Submission
  • Individual Tax Scheme Applications
  • Handling Tax Queries from IRAS
  • Voluntary Disclosure for Past Tax Errors
  • Personal Tax Planning & Advisory

Pricing

Bookkeeping & Accounting Services

(Depending on number of transactions)
Start from
$ 200
  • per month / year

Preparation of Unaudited Financial Statements

Start from
$ 300
  • per annum

Accounting System Set Up & Implementation

Start from
$ 600
  • one-time fee

XBRL Return

Start from
$ 200
  • per annum

Corporate Tax Returns (Including ECI filing)

Start from
$ 300
  • per annum

Personal Tax Filing

Start from
$ 600
  • per year

GST Registration

Start from
$ 500
  • one-time fee

GST Returns

Start from
$ 250
  • per quarter

Simplifying Compliance in 5 Steps with Us

Step 1

Understand Your Business & Compliance Needs

Consult with us to understand your business structure, industry requirements, reporting deadlines, and any existing compliance gaps. This allows us to tailor the most appropriate package that suits your accounting and tax reporting needs and budget.

Step 2

Set Up a Proper Accounting Framework

Organise your accounts using proper Singapore financial reporting standards (SFRS), implement cloud bookkeeping tools if required, and ensure your invoicing, expenses, payroll, and bank reconciliations are structured for smooth monthly closing.

Step 3

Monthly or Quarterly Accounting & Reporting

Manage your bookkeeping, prepares management reports, handles CPF & payroll matters, and ensures your financial data is updated on time. This prevents year-end bottlenecks and keeps your records clean for tax filing.

Step 4

Prepare & File Your Tax Returns Accurately

We handle all required Singapore tax filings, including:

  • Estimated Chargeable Income (ECI)
  • Corporate Income Tax Filing (Form C-S/C)
  • GST registration & returns (if applicable)
  • Withholding tax (if applicable)

We also optimise tax benefits such as start-up exemptions, PIC, or relevant government grants.

Step 5

Ongoing Advisory & Compliance Monitoring

Monitor deadlines, updating our clients on new IRAS/ACRA regulations, and provide advisory on business structure, tax planning, and digitalisation opportunities. You stay compliant year-round without stress or surprises.

Why Choose Our Service?

Experienced Professionals

Our team has extensive experience in accounting and tax compliance, ensuring your finances are in expert hands

Customised Solutions

We tailor our services to meet the unique needs of your business, providing personalised support and solutions

Reliable and Accurate

We prioritise accuracy and reliability in all our services, ensuring your financial data is always correct and compliant

Proactive Approach

We take a proactive approach to tax planning, identifying opportunities for savings and ensuring you are prepared for any tax changes

Frequently Asked Questions

Why should I consider outsourcing my accounting tasks?

Outsourcing accounting tasks offers several benefits, including cost savings, access to specialised expertise, improved accuracy and efficiency, scalability, and the opportunity to dedicate time and resources to growing your business. It can also help ensure compliance with Singapore’s tax regulations and financial reporting standards.

A wide range of accounting services can be outsourced to corporate services providers, such as bookkeeping, accounts payable and receivable, financial statement preparation, income tax and corporate tax preparation and filing, payroll processing, budgeting and forecasting, cash flow management, and financial analysis.

A company is “dormant” when it has no accounting transactions during a financial period. Even if dormant, basic accounts must still be prepared for compliance with ACRA and IRAS.

Registration for GST is mandatory for businesses when their taxable turnover surpasses $1 million per year. Businesses with taxable turnover below $1 million may voluntarily register for GST.

The GST rate is 9%, which has been effective since the 1st of January 2024. Failing to file your GST returns can lead to a domino effect of non-compliance, where you cannot file for subsequent months, potentially incurring heavy penalties and fines.

The tax exemptions for qualifying companies for their first 3 consecutive YAs are as follows:

YA 2022 onwards

75% exemption on the first $100,000 of normal chargeable income*; and A further 50% exemption on the next $100,000 of normal chargeable income*.

All new start-up companies are eligible for the tax exemption scheme, EXECPT:

  • Companies whose principal activity are that of investment holding
  • Companies that undertake property development for sale, investment, or both

The new start-up company must also:

  1. Be incorporated in Singapore
  2. Be a tax resident of Singapore for that YA
  3. Have its total share capital beneficially held directly by no more than 20 shareholders throughout the basis period for that YA where:
  • All the shareholders are individuals; or
  • At least 1 shareholder is an individual holding at least 10% of the issued ordinary shares of the company