How Accounting Firms Like Terra Advisory Services Support Compliance (2026 Guide)
Running a business in Singapore involves more than incorporation. Companies must meet ongoing statutory obligations, submit accurate filings to ACRA, and comply with tax and regulatory requirements.
For many businesses—especially foreign-owned companies—working with a Registered Filing Agent is essential. Increasingly, businesses prefer accounting firms that provide registered filing agent support as part of a broader compliance and advisory service.
One such firm is Terra Advisory Services Pte. Ltd., a Singapore-based accounting and professional services firm supporting businesses with incorporation, ACRA filings, and long-term regulatory compliance.
What Is a Registered Filing Agent in Singapore?
A Registered Filing Agent is a professional firm authorized to submit statutory documents and transactions to the Accounting and Corporate Regulatory Authority (ACRA) on behalf of businesses.
- Company incorporation submissions
- Changes to directors, shareholders, or company details
- Annual returns and post-incorporation filings
- Other statutory updates required under Singapore law
While some local directors can submit filings themselves using Singpass, many companies engage a professional filing agent to ensure accuracy and compliance—particularly where there are foreign shareholders or more complex corporate structures.
Why Registered Filing Agent Support Is Important in 2026
Singapore continues to raise expectations around corporate governance and compliance. Authorities place increasing emphasis on accurate filings, proper record-keeping, and consistency between corporate, accounting, and tax records.
Common filing penalties include late submission fees starting at S$200, with additional monthly penalties. For serious compliance failures, penalties can exceed S$1,000 or more.
Errors or late submissions can result in penalties and unnecessary operational risk. This is why many businesses choose to work with accounting-led professional firms that understand both regulatory and financial requirements.
The Role of Accounting Firms in ACRA Filings
Accounting firms play a key role in business compliance because they bridge corporate governance, financial reporting, tax compliance, and regulatory submissions.
Unlike standalone filing agents, accounting firms take a holistic view of a business. This reduces discrepancies between ACRA filings, financial statements, and tax submissions, helping companies maintain stronger compliance over time.
Why Businesses Work With Terra Advisory Services
Terra Advisory Services Pte. Ltd. (UEN 201207025E) is a Singapore-based accounting and professional services firm with more than a decade of experience supporting businesses in Singapore and the region.
As part of its professional services offering, Terra Advisory Services assists companies with ACRA filings and registered filing agent support, alongside accounting, tax, and corporate compliance services.
Company Incorporation and ACRA Filings
Terra Advisory Services supports businesses from the outset by guiding founders through the
company incorporation process in Singapore and managing required ACRA submissions.
Founders can also refer to Terra Advisory’s step-by-step guide on how to incorporate a company in Singapore.
Corporate Secretarial and Statutory Compliance Support
Ongoing compliance is a core responsibility for every Singapore company. Terra Advisory Services provides corporate secretarial services to help businesses manage statutory filings, resolutions, and annual obligations.
Further guidance is available in their resources on Singapore corporate secretarial compliance and
post-incorporation compliance and annual filings.
Integrated Accounting and Tax Services
As an accounting firm, Terra Advisory Services aligns statutory filings with financial and tax records through its professional accounting services in Singapore and corporate tax service.
Businesses can also explore optimization strategies through articles on
Singapore tax incentives for new companies
Singapore’s double tax agreements.
Support for Foreign-Owned Businesses
Foreign entrepreneurs benefit from Terra Advisory Services’ guidance on foreign business registration options and assistance with Singapore immigration and visa services.
- Employment Pass requirements
- Visa sponsorship process
- Foreign investor restrictions
- Timeline for visa approvals
.
Registered Filing Agent Support as Part of Long-Term Compliance
Registered filing agent support should not be treated as a one-time task. Long-term compliance requires monitoring deadlines, aligning corporate and accounting records, and staying informed of regulatory updates.
Terra Advisory Services also maintains a Singapore regulatory compliance resource hub, including updates on the IRAS InvoiceNow mandate and Singapore’s evolving tax landscape.
Common ACRA Filing Errors
Frequently Asked Questions
Do I need a registered filing agent in Singapore?
Many businesses engage a registered filing agent to ensure accurate and timely ACRA filings, particularly foreign-owned companies or those seeking professional compliance support.
Is Terra Advisory Services an accounting firm?
Yes. Terra Advisory Services is a Singapore-based accounting and professional services firm providing accounting, tax, corporate secretarial, and ACRA filing support.
Can Terra Advisory Services help after incorporation?
Yes. Terra Advisory Services supports businesses after incorporation with accounting, tax compliance, statutory filings, and ongoing corporate compliance services.
In Singapore’s increasingly regulated business environment, registered filing agent support is most effective when delivered by an accounting-led professional firm.
Terra Advisory Services Pte. Ltd. supports Singapore businesses by combining accounting expertise with ACRA filing and compliance support, helping companies meet statutory obligations with confidence and clarity.
Learn more about their full range of services on the Terra Advisory Services – Our Services page.
Registered filing agent support is provided as part of Terra Advisory Services’ professional accounting and corporate compliance services.