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What is Form C-S (lite)?

Form C-S (Lite) is a simplified Company (Pte Ltd) income tax return requiring only 6 information to be completed for submission to IRAS.

Who can file Form C-S (Lite) ?

The Company can file Form C-S (lite) if it meets the following criteria:

  1. The Company is incorporated in Singapore;

  2. The Company has an annual revenue of S$200,000 or less;

  3. The Company only derives income taxable at prevailing corporate tax rate of 17%; and 

  4. The Company is not claiming any of the following in the YA (current year tax submission):

    1. Carry-back of current year capital allowances/ losses​

    2. Group relief

    3. Investment allowance

    4. Foreign tax credit and tax deducted at source

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IRAS Tax Filing Info

When

Companies are required to file their corporate income tax return by 15 December each year

Where

From YA 2020, all companies are required to E-File their corporate tax returns via myTax Portal.

What

Companies filing Form C-S or Form C-S (lite) are not required to submit their financial statements and tax computations. However, companies are required to prepare these documents as IRAS may request for them.

How

You may download the step-by-step guide for further guidance on how to E-File your Company's Form C-S or Form C-S (lite)

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