Singapore Company Annual Return Filing Late Penalty
Local companies are required to file their Annual Return (AR) with the Accounting and Corporate Regulatory Authority (ACRA) to keep company records accurate and up to date.
The filing deadlines are: (i) Private companies – within 7 months after the end of the financial year; and (ii) Listed companies – within 5 months after the end of the financial year. Filing can only be completed after the company has held its Annual General Meeting (AGM) or where AGM requirements have been validly dispensed with.
The Annual Return includes key corporate information such as the registered address, principal business activities, particulars of directors and company secretary, share capital, and financial statements (where applicable). All information filed must be accurate at the time of submission.
Penalties for late filing:
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Delay in Filing
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Penalty
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Up to 3 months late
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S$300
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More than 3 months late
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S$600
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Late filing may result in enforcement actions, possible summonses, affect the company’s ability to carry out corporate transactions, and could lead to the company being struck off the register. Directors are responsible for ensuring timely and accurate filing as part of their statutory duties. Companies should work closely with their corporate secretarial service provider to ensure compliance with the Companies Act.
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