What is Estimated Chargeable Income “ECI” ?

ECI means Estimated Chargable Income.

From 1 Jan 2009, companies will also be required to declare the estimate of the company's chargeable income for a Year of Assessment (YA).the revenue amount in the ECI Form. Where the audited accounts are not available, you can refer to the company’s management accounts for the purpose of declaring the revenue amount.

Who and when you need to File your ECI?

A company has to furnish Estimated Chargeable Income (ECI) within three months after the end of its financial year end, even if the company estimates its chargeable income as zero, it still has to file a “Nil” ECI return.