About Us

For years, we’ve been thinking how to help the local Towkays to better manage their costs and headaches to maintain their private limited companies, especially on the filing requirements with ACRA, IRAS and CPF.

Many Towkays have expressed that they do not feel justified paying hundreds to thousands yearly to maintain their companies and they are disappointed that they are not able to find a service provider that understands their needs and concerns.

Being Towkays ourselves, we can totally understand you.

This is why BizPal is born. To help Towkays but only local Towkays.

Filing Deadlines

Financial Year End (FYE)

This is the date you’ll need to declare to IRAS which will serve as your deadline for filing your reports.

Estimated Chargeable Income (ECI)

Income or Revenue less tax-allowable expenses. Remember to file your ECI within 3 months after your FYE.

C-S/C, the Annual Tax Returns

This is the standard format which you’ll use to report your tax liabilities.

Important Tax Rates

Corporate tax: 17%

This will depend on the type of registered business

Dividends / Capital Gains Tax: Nil

Singapore uses a one-tier tax system.

GST: 8%

If your business is a GST-registered entity or annual turnover is above S$1M.