Over past two weeks, I have published a series of blog posts regarding annual compliance requirements and related items for Singapore companies which contain various infographics. I am pleased to announce that we, in collaboration with ECRA Pte Ltd, have compiled and published the infographics in form of a pdf guide. Continue reading “Complete guide to Singapore Company annual compliances”
Annual return filing with ACRA is the only official step to let ACRA know that the financial statements have been completed and AGM has been convened and all annual compliance formalities are complete. It is very critical to ensure that the annual return filed is correct in all aspects. Continue reading “Annual Return Filing of Singapore Companies”
Singapore laws have been changed to exempt the dormant companies from preparation of financial statements. Previously the dormant companies were exempt from audit requirement but they were still required to prepare its unaudited financial statements. Continue reading “Dormant Company Exemption to prepare Financial Statements”
With effect from 01 July 2015, Singapore laws have changed to change audit exemption criteria. A concept of Small companies and small group has been introduced. Small companies not belonging to any group and Small companies belonging to small groups are now exempt from Audit. Continue reading “New Audit Exemption Criteria for Singapore Companies”
It is a general misconception that once book keeping is completed to obtain balance sheet and profit and loss of accounts of the company, the Financial Statement requirements has been completed. Singapore companies are required to prepare a set of Financial Statements in accordance with Singapore Financial Reporting Standards (SFRS).
Continue reading “Contents of Financial Statements of Singapore Company (SFRS)”
This guide explains the ECI (Estimated Chargeable Income) filing requirements as well as guidelines in a nutshell for Singapore companies.
Continue reading “Estimated Chargeable Income (ECI) Guide”
Annual compliance actions are the actions required to be undertaken by a Singapore company every year in order to comply with local laws and keep the company live. Continue reading “Annual Compliance Calendar for Singapore Companies”
Considering that you have no other transactions during the year and you wish to take care of your annual filing yourself these are the mandatory annual filing requirements you must be aware of regarding your Singapore company. Continue reading “Mandatory annual return (ACRA) annual tax (IRAS) filings for Singapore companies and AGM deadline”