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

Form CS

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

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