Most small and medium enterprises (SMEs) in Singapore are familiar with popular tax support schemes like the Enterprise Development Grant (EDG), Productivity Solutions Grant (PSG), or the Start-Up Tax Exemption (SUTE).
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Estimated Chargeable Income or ECI is your company's estimated taxable profit, which is net of taxable expenses, for a particular Year of Assessment (YA).
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If you're reading this article, you are in desperate need of an accounting firm for your company. Every time you put your nose in the books, you feel lost, and you don't know where to start. You don't even know what you're looking for. The bottom line is you're unsure about how your finances are looking like in the books.
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