Start a new ECI filing or retrieve a pending record
The company edition opens the corporate-tax ECI filing service. A preparer starts a new filing and can see earlier records forwarded for approval. An approver can start a filing, retrieve a pending record for approval or delete an application to cancel it. Selecting a pending record brings back information entered by the preparer.
Functional currency and contacts
Company approvers see a functional-currency/contact check before continuing. Correct and save details where necessary, confirm the change, and retain the update acknowledgement; where the information is correct, indicate that no change is needed. Then proceed to the ECI form and select the relevant assessment year. This profile acknowledgement is separate from the eventual ECI filing acknowledgement.
Check the financial year-end and start-up declaration
If the financial year-end shown is wrong, an ACRA-registered company updates it through ACRA’s filing system. A foreign company not registered with ACRA uses the corporate-profile/contact update service. Declare start-up tax-exemption eligibility only if all conditions are satisfied, and identify the first assessment year after incorporation when making that declaration. Enter the company’s revenue. The PDF is a filing-process guide rather than the complete eligibility rules for start-up exemption.
Enter income estimates, not tax payable
Enter ECI against the applicable tax rate, rounded to the nearest dollar. Do not put estimated tax payable into the income boxes. For zero ECI, the guide places zero in the first row beside 17%. Specify the rate when income is taxed at a rate other than the normal corporate rate or the illustrated 10% concessionary rate. The 10% incentive-income fields may be left blank when there is no such income or it is fully exempt. These rows classify income amounts; a rate shown in a guide does not automatically qualify the company for an incentive.
Review and submit in the correct role
Review the confirmation page and use the amendment function to correct mistakes. Complete the filer and contact-person details. An approver submits to IRAS; a preparer sends the record for approval. Confirm that chosen action in the pop-up. A saved confirmation or a preparer’s internal handoff is not, by itself, final submission to IRAS.
Keep proof of final filing
Only a successful IRAS submission produces an acknowledgement number. A record awaiting approver action has no such number. Save or print the acknowledgement; both confirmation and acknowledgement can also be retrieved from the corporate-tax notices/letters area. Check that the acknowledgement belongs to the correct company and assessment year.
Document date and scope
The publication page states 16 June 2023, with a general correctness date of 3 August 2022. This article follows the thirteen-page company workflow and reports its figures as instructions from that edition, rather than independently certifying present-day filing deadlines or exemption rules.
Official source
This article independently explains the substantive contents of the official PDF, including the relevant conditions, procedures and annexes. The linked document remains the authoritative source for its original wording, and later changes should be checked separately.
Read the official PDF ↗