From 2015 the Inland Revenue Authority of Singapore (IRAS) will make e-filing available to all companies onwards. Presently, only small companies can file their tax return electronically.
The benefits of e-filing include: instant acknowledgement after successful submission of the return; time saving as the return only includes essential tax and financial information; and an easier filing process. Companies do not need to submit their financial accounts and tax computations unless requested by IRAS.
