Singapore Accounting Requirements and Documents
- Bank statement Contract invoice Invoice receipt Payment voucher Logistics documents, shipping bills, bills of lading and other letters of credit Credit card receipts Salary calculation statistics. Housing fund payment receipt and housing fund calculation sheet Year-end bonus calculation sheet Shareholder equity change details, such as: capital increase, transfer, additional issuance, etc. Shareholder paid-in capital payment voucher Others if applicable
All documents must be kept intact and arranged in chronological order or the order in which the contracts occurred.
According to Singapore Company Law, all original accounting documents must be kept for at least 7 years, and all company tax-related documents must be kept for at least 5 years.