Annual Return Singapore
What is an Annual Return
An ACRA annual return is an electronic form that is filed with the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. It is a requirement for all Singapore-incorporated companies to file an annual return every year, regardless of their size or financial performance.
The annual return contains information about the company, such as its name, address, directors, shareholders, and financial statements. It also includes information about any changes that have occurred to the company during the year, such as changes to its registered office address or the composition of its board of directors.
The annual return is an important document that helps ACRA to keep track of all the companies that are registered in Singapore. It also provides information to the public about the companies, which can be useful for investors and other stakeholders.
The deadline for filing an ACRA annual return is 30 days after the end of the company's financial year. Companies that fail to file their annual return on time may be subject to penalties.
Here are some of the information that is required to be submitted in an ACRA annual return:
Company name
Registered address
Date of incorporation
Financial year end
Number of shareholders
Names and addresses of directors
Names and addresses of shareholders holding more than 5% of shares
Date of annual general meeting (AGM)
Whether the company is dormant
Whether the company has any outstanding debts
Whether the company has been involved in any legal proceedings
The annual return can be filed online through ACRA's BizFile+ portal. You can also appoint a registered filing agent to file the return on your behalf.
Filing Annual Returns
Filing annual returns is a legal requirement for all Singapore-incorporated companies. The deadline for filing an annual return is 30 days after the end of the company's financial year.
The annual return is an electronic form that is filed with the Accounting and Corporate Regulatory Authority (ACRA). It contains information about the company, such as its name, address, directors, shareholders, and financial statements. It also includes information about any changes that have occurred to the company during the year, such as changes to its registered office address or the composition of its board of directors.
The annual return can be filed online through ACRA's BizFile+ portal. You can also appoint a registered filing agent to file the return on your behalf.
Here are the steps on how to file an annual return through BizFile+:
Go to the BizFile+ website and login with your SingPass ID.
Click on "Company" and then "Filing of Annual Return by Local Company".
Enter your company's UEN and click on "Next".
Review the information that is pre-filled in the annual return form and make any necessary changes.
Click on "Submit" to file the annual return.
If you are filing the annual return for the first time, you will need to upload your company's financial statements in Simplified XBRL format. You can download the BizFinx tool to help you prepare your financial statements in XBRL format.
The filing fee for an annual return is SGD 60. You can pay the filing fee online through BizFile+ using a credit card or a debit card.
If you fail to file your annual return on time, you may be subject to a penalty of SGD 100 per day, up to a maximum of SGD 5,000.
Here are some of the reasons why it is important to file annual returns:
It helps to keep ACRA's records up to date.
It provides information to the public about the company.
It helps to protect the company's reputation.
It can help to avoid penalties.
If you have any questions about filing annual returns, you can contact ACRA's customer service hotline at 6557 2000.
How to File an Annual Return
Here are the steps on how to file an annual return for a local company in Singapore through BizFile+:
Go to the BizFile+ website and login with your SingPass ID.
Click on "Company" and then "Filing of Annual Return by Local Company".
Enter your company's UEN and click on "Next".
Review the information that is pre-filled in the annual return form and make any necessary changes.
Click on "Submit" to file the annual return.
Here are some of the things to keep in mind when filing an annual return:
The deadline for filing an annual return is 30 days after the end of the company's financial year.
If you are filing the annual return for the first time, you will need to upload your company's financial statements in Simplified XBRL format. You can download the BizFinx tool to help you prepare your financial statements in XBRL format.
The filing fee for an annual return is SGD 50. You can pay the filing fee online through BizFile+ using a credit card or a debit card.
If you fail to file your annual return on time, you may be subject to a penalty of SGD 100 per day, up to a maximum of SGD 5,000.
Here are some of the documents that you will need to file your annual return:
A copy of your company's latest financial statements.
A copy of your company's latest board minutes.
A list of your company's directors and shareholders.
A copy of your company's latest AGM notice.
If you have any questions about filing annual returns, you can contact ACRA's customer service hotline at 6557 2000.
Registered Filing Agent in Singapore
Bestar offers help with filing annual returns in Singapore. We provide corporate secretarial services.
If you are looking for help with filing your annual return in Singapore, contact Bestar. A registered filing agent is a company that is authorized by the Accounting and Corporate Regulatory Authority (ACRA) to file annual returns on behalf of companies.
You can find more information about Bestar on our website.
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