Compliance requirement for new Company
All Singapore registered company is required to comply with a list of statutory filing requirement .
BASIC FILING REQUIREMENT WITH ACRA
Annual General Meeting And Annual Return Filing
1 year after company registration, you will need to conduct Annual General Meeting (AGM)
Company is required to file Annual Return (AR) within 1 month after the AGM date
Please click here different between AGM and AR
BASIC FILING REQUIREMENT WITH IRAS
Estimate Chargeable Income Filing (ECI)
Every registered company required to file ECI within 3 months after the financial year end date .
Company with zero income will need to declare NIL
Is refer to annual income declaration with IRAS for last financial year end .
Filing due date is every November .
Example : Financial year ended is 31.12.2020 , Due date for Form CS is 30.11.2021
WHAT IF MY COMPANY IS DORMANT ?
To ease the operation , different filing method will apply to dormant company .
What is dormant company
DORMANT COMPANY : ACRA Compliance
Dormant companies is exempted from preparation of financial statement AND conducting of AGM unless requested by shareholders .
Dormant Companies is allowed to file AR via Simplified version .
DORMANT COMPANY : IRAS Compliance
Click here for the procedure
Related article : Basic compliance for Singapore company