Estimated Chargeable Income

Instalments privilege

A company is required to file for ECI (Estimated Chargeable Income) within three months after its financial year end. However a company is not required to file for ECI if its annual revenue is less than S$ 5 million and ECI is Nil for the YA. To encourage early filing of ECI, IRAS is giving out greater number of installments depending on how early the ECI is filed. We at Averie help to ensure smooth preparation and early submission of ECI for our client to enjoy this installment privilege.