With the enhanced enforcement regime being implemented by ACRA with effect from December 2015 and very high flat penalties being imposed for breach of deadlines, it has become very important for business owners to know and calculate the AGM due date and remain in compliance.
Annual General Meeting (AGM) due date calculation for Singapore companies
(Scenario 1) First AGM of the Company after Incorporation
In this case, the AGM due date will be earliest of the two below mentioned dates:
- Date which is eighteen months after date of incorporation, or
- Date which is six months after financial year end date of Company.
(Scenario 2) Second or subsequent AGMs of the company
In this case, the AGM due date will be earliest of the three below mentioned dates:
- Date which is fifteen months after date of last AGM,
- Date which is six months after financial year end date, or
- 31st December of calendar year, if there was no AGM during the calendar year
You may fill in the contact form below if you wish a professional quote to keep your company in compliance or if you have any queries in this regard.