Annual Filing Requirements for Singapore Companies

Annual Filing Requirements for Singapore Companies

Tetra Consultants assists our international clients to timely meet annual filing requirements for Singapore companies. Regardless of whether your Singapore company is dormant or active throughout the financial year, it is mandatory to comply with annual filing requirements set by the Accounting and Corporate Regulatory Authority (ACRA) and Inland Revenue Authority of Singapore (IRAS).

Tetra Consultants recommends our international clients to start preparing for annual filing as early as possible. Late filing or rushed filling close to deadlines might result in your Singapore Company and its Directors being subject to fines, penalties and scrutiny by the Singapore government for lack of effective management.

Assuming the financial year end (FYE) of your Singapore incorporated company is on 30 June 2020, you are required to complete your company’s Annual Return Filling (with the completed sets of financial statements) by 31 December 2020 and complete your income tax return by 30 November 2021.

Tetra Consultants has experience working with all types and sizes of business. If you are considering whether to outsource the accounting function of your Singapore company, please contact us to find out more and our team of experts will revert within the next 24 hours.