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Annual Filing Requirements in Singapore

The Companies Act requires all companies to complete annual filing and other formalities.

Annual General Meeting (AGM)
A Singapore company must hold an Annual General Meeting (AGM) once every calendar year. The following general rules apply to AGMs:

  • The first AGM must be held within 18 months of incorporation;
  • No more than 15 months may elapse between subsequent AGM’s;
  • Accounts presented at the AGM shall be made up to a date not more than 6 months before the AGM;
  • Private companies can dispense with AGM’s if approved in general meeting by all members with voting rights.
Filing of Annual Return with ACRA
All Singapore companies must lodge an Annual Return (AR) with ACRA within 1 month of its AGM. Particulars of the company officers, registered address, and auditors (if applicable) must be included in the AR. The attachment of company’s accounts is governed by the applicable rules here.

Filing of Estimated Chargeable Income (ECI)
Singapore companies are required to declare the revenue amount and Estimated Chargeable Income (ECI) by filing the ECI form with Inland Revenue Authority of Singapore (IRAS) within 3 months of the company's Financial Year End. Even if the estimated chargeable income is zero, a “Nil” ECI must be filed.

Filing of Annual Tax Return with IRAS
The annual tax return must be filed with IRAS by November 30. Singapore adopts the preceding year basis for taxation. It should be noted that the company’s directors are responsible for complying with the annual filing requirements and a failure to comply is an offence punishable by fine or prosecution.

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