Annual Filing
Preparation of annual return documents Preparation of documents for the Annual General Meeting Follow up on the progress of annual return Reconciliation of company annual return documents and signatures Presentation of the company’s annual return to ACRA Archiving of annual return documents
(1)(1).png)
In accordance with the relevant provisions of the Singapore Companies Act Cap 175, 197, 201, a company whose financial year ends after 31 August 2018 is required to file its annual return on time.
A dormant company is a company registered with ACRA (Accounting and Corporate Regulatory Authority) in Singapore, which has had no business activities in the past financial year and has no business income or business expenses (other than the basic expenses of keeping the company afloat). Such a company can be considered dormant.
XBRL (eXtensible Business Reporting Language) is an XML-based markup language for defining and exchanging business and financial information.
Under the Singapore Companies Act, every Singapore company is required to file an annual return filing with the relevant government agency every year.
The Singapore Companies Act requires companies to hold an annual general meeting (AGM) unless the company elects not to hold an AGM by passing a shareholders’ resolution. If the company chooses not to hold an AGM, all matters to be transacted at the AGM can be resolved by way of a written resolution.