https://www.swiftbalance.biz/blog Practical accounting, tax, and financial insights tailored for Singapore SMEs, startups and entrepreneurs. Written by the Swift Balance team. en-SG Tue, 27 May 2026 00:00:00 +0000 https://static.readdy.ai/image/adc3c6a596e2f3604446f6196aefd1c7/bb69d5353fd25fc4e26adc6c28dea8c3.png https://www.swiftbalance.biz/blog https://www.swiftbalance.biz/blog/what-is-eci-filing-and-why-every-singapore-company-must-know-about-it https://www.swiftbalance.biz/blog/what-is-eci-filing-and-why-every-singapore-company-must-know-about-it Tue, 27 May 2026 02:39:12 +0000 Tax & Compliance ECI (Estimated Chargeable Income) is a mandatory tax filing for Singapore companies. Learn what it is, who must file, the deadlines, and what happens if you miss it — plus how early filing can unlock 10-month tax instalments. ECI stands for Estimated Chargeable Income. It is your company's estimated taxable profit for a given Year of Assessment (YA), after deducting allowable business expenses. Most Singapore-incorporated companies are required to file ECI every year. ECI must be filed within 3 months from your company's Financial Year End (FYE). Filing early unlocks 10-month tax instalments — a significant cash flow benefit many SME owners miss.

]]> https://www.swiftbalance.biz/blog/gst-registration-in-singapore-do-you-need-to-register-and-when https://www.swiftbalance.biz/blog/gst-registration-in-singapore-do-you-need-to-register-and-when Mon, 25 May 2026 16:00:00 +0000 Tax & Compliance Growing your business in Singapore is exciting — but hitting certain revenue milestones comes with compliance responsibilities you can't afford to miss. One of the biggest: GST registration. Many SME owners only think about GST when it's too late. This guide breaks down everything you need to know — simply and clearly. GST registration becomes mandatory when your taxable turnover exceeds S$1 million in a 12-month period, or when you reasonably expect it to exceed S$1 million in the next 12 months. You can also voluntarily register even if below the threshold. Late registration penalties can reach S$10,000 plus 10% of GST due.

]]> https://www.swiftbalance.biz/blog/welcome-to-the-swift-balance-blog https://www.swiftbalance.biz/blog/welcome-to-the-swift-balance-blog Sun, 17 May 2026 15:15:47 +0000 News We're excited to launch our blog — your go-to resource for practical accounting, tax, and financial insights tailored for Singapore businesses. Welcome to the Swift Balance blog! Here you'll find practical guides on Singapore accounting standards, tax compliance deadlines, payroll obligations, and corporate secretarial best practices — all written specifically for SME owners and startup founders.

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