Did you know? Importance of Filing Annual Returns for Singapore companies
Every Singapore company must file within six (6) months from its financial year end, a filing with the Accounting and Corporate Regulatory Authority called the Annual Return.
If a company fails to file its Annual Return, then the Singapore Registrar of Companies may strike the Singapore company from the Companies Register meaning it will not be able to function.
Proosec Asia ensures your company is kept informed of its compliance deadlines and notification requirements, leaving you with the peace of mind of taking care what ultimately matters: the successful running of your business. ... See MoreSee Less
Register of Registrable Controllers Extended Deadline: June 30th, 2021
The Accounting and Corporate Regulatory Authority of Singapore have now resumed the online portal for Companies and Limited Liability Partnerships to lodge details of their Registrable Controllers from February 1st, 2021.
Generally, a Registrable Controller will be an individual or company who holds 25% or more shares/voting rights in a company or who factually has control or influence over a company.
The deadline for Companies and Limited Liability Partnerships to lodge the required information of their registrable controllers is June 30th, 2021.
The MRA Grant support level of up to 70% will be extended until 31 Mar 2023. As announced at Budget 2021, the maximum support level of up to 80% will be extended for 6 months, until 31 March 2022. MRA...