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Annual Return Filing

What is An Annual Return?

The annual return is an electronic form lodged with ACRA and contains important particulars of the company such as the name of the directors, secretary, its members, and the date to which the financial statements of the company are made up to. The annual return provides critical information that helps the company’s stakeholders to make informed decisions.

The appointed officer of your company (e.g. a director or company secretary) can file the annual return on ACRA’s online filing portal BizFile+. Alternatively, you can engage the services of a registered filing agent to do this on behalf of the company.

Below is a list of information that you are required to provide when filing the annual return. 

Annual Financial Statements

Under the Singapore Companies Act, all companies incorporated in Singapore and all Singapore branches of foreign companies are required to prepare and present financial statements that comply with the Singapore Financial Reporting Standards (SFRS). SFRS is principally based on and substantially similar to the International Financial Reporting Standards (IFRS) that are issued by the International Accounting Standards Board (IASB).

Key Facts
  • Financial statements cannot be prepared more than 6 months prior to the date of an AGM
  • The company director must sign the financial statements to take responsibility for their accuracy and preparation in accordance with Singapore accounting standards
  • Small and dormant companies that meet certain criteria can prepare unaudited financial statements
Financial Statements
  • Report of Directors and Statement by Directors
  • Independent Auditor's Report (if applicable)
  • Statement of Comprehensive Income (Profit and Loss statement)
  • Statement of Financial Position (Balance sheet)
  • Cash Flow Statement
  • Statement of Shareholder’s Equity
  • Corresponding Notes to Financial Statements
What  We Provide ?

All Singapore registered companies is required to hold Annual General Meetings (AGM) and file Annual Returns (AR).

Newly incorporated company is required to hold its first AGM within 18 months from date of its incorporation, and thereafter once in every calendar year and not more than 15 months after the holding of the last preceding AGM. Companies must file the annual return within 1 month after holding its AGM.

For insolvent EPCs, you will need to file your Financial Statement in XBRL format if:

  • Your company’s FS ends on or after 30 April 2007
  • Your company is filing its Annual Returns on or after 1 November 2007
  • You can outsource the preparation of your Financial Statement in XBRL format to Accountsavvy PTE LTD
  • Our professionals will prepare your financial statements in accordance to requirements listed in ACRA Taxonomy 2013, using the enhanced XBRL tool – BizFinx. You can dedicate your precious time on your core business, instead of figuring out how to use BizFinx, which can be a hassle, time-consuming and tedious
How Should You proceed ?
  • Latest ACRA Bizfile
  • Bring authorisation letter from director, if Company Secretary is acting on behalf
  • Actual Date the Annual General Meeting is conducted
  • Financial Statement prepared in accordance to Singapore Financial Reporting Standard
Our Fees ?

From S$128 to S$380

Services