Basic Guide to Annual Filing in Singapore – 3 steps
Running a company in Singapore?
Missed filings can cost $300-$600 per return and damage your compliance record.
Use this quick 3-step checklist to keep your business safe in 2025.
Summary Checklist
- Appoint Corporate Secretary
- Set up Accounting Process
- Prepare for Filings:
- Prepare Unaudited Financial Statements
- File Annual Returns
- Hold AGM (unless exempt)
- Corporate Tax (ECI Filing and Form C/S)
- Others (if applicable):
- File GST (If registered)
- CPF contributions (For staff – monthly)
- IR8A (For staff – annual)
1. Appoint a Corporate Secretary
- Must be appointed within 6 months of incorporation (mandatory by law).
- Secretary must be a local resident and qualified.
- Responsible for:
- Maintaining statutory registers (directors, shareholders etc.)
- Filing changes with ACRA (e.g share transfers, officer updates)
- Preparing and filing of Annual Returns
Tip: Appoint a qualified corporate secretary early. Late appointment or filings can cost $300–$600 per return and trigger ACRA compliance flags.
2. Maintain Proper Accounting Records
- Keep records of all transactions from day one (Income, expenses, assets etc.)
- Recommended: Use digitals like Xero or QuickBooks Online – Makes it easier to keep track of transactions instead of relying on spreadsheets.
Tip: Record every transaction from day one. Consistent bookkeeping keeps you ready for ACRA/IRAS filings and avoids scrambling at tax time.
3. Annual Filings
- Prepare Unaudited Financial Statements → Forms the basis for your Annual Return filing
- Annual Returns → File with ACRA within 7 months after your Financial Year End (FYE)
- Annual General Meeting (AGM) → Hold annually unless exempt
- Corporate Tax
- File Estimated Chargeable Income (ECI) within 3 months after Financial Year End
- Submit Form C/S (By 30th November)
Others (If applicable)
- GST (If registered) → File quarterly GST returns
- If you have employees:
- CPF Contributions: Submit by the last day of each calendar month
- IR8A: Submit by 1st March each year
Tip: Mark your ACRA and IRAS deadlines early. Late filings not only incur fines but can impact financing and investor confidence.
Get these 3 basics in place and you’ll have a solid foundation for growth.
Not sure if your company is on track?
Have a quick chat with our team.
