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Compilation Financial Statements and Reports Services in Singapore

Package Fee for Compilation of Financial Statements and Reports

Package Available Fee (SGD)
Compilation of Unaudited Financial Statements (Comply with Singapore FRS) – Dormant Company From $500 (W/GST $535)
Compilation of Unaudited Financial Statements (Comply with Singapore FRS) – Active Company From $700 (W/GST $749)

* Additional from $200 (W/GST $214) charge for the Company with fixed asset
** Additional from $200 (W/GST $214) charge for the Company with hire purchase liability / loans
*** Additional from $700 (W/GST $749) charge for the Company with Group Level presentation
**** Additional from $500 (W/GST $535) charge for the Company with Construction business and required to comply with FRS 11
***** Additional from $100 (W/GST $107) charge for the Company with revenue more than $500,000
****** Additional charge is applied for investment in Financial Instruments.
******* Additional charge is applied for the Company with financial period more than 12 months.

Most private limited companies in Singapore are no longer required to have their accounts audited if they satisfy certain conditions.

Exempt private companies — which have no corporate shareholders and no more than 20 individual shareholders — with turnover of less than S$5 million for the accounting year can file unaudited reports. Dormant companies are also exempt from submitting audited reports.

All other companies are required to appoint an auditor within three months of incorporation and be prepared to submit audited reports to ACRA. The accounts must be audited annually.

3E provides full account services, drafting of unaudited financial reports for exempt companies and offering audit service through our associated audit firms. Our audit services include all financial statements designed specifically to comply with ACRA’s and IRAS’s statutory requirements.

You may download a Sample Unaudited Financial Statement for reference.