sayanee/company-admin

Filling annual returns (through ACRA) and tax (through IRAS) for Singapore based small company

Company admin

Filling annual returns (through ACRA) and tax (through IRAS) for Singapore based small company.

Pre-requisite

This documentation only contains the steps for a small Solvent Exempt Private Companies (EPCs) which are exempt from filing financial statements. Check details on the qualification criteria for exemption of audited accounts.

• Eligible for Form C-S Lite
• Small
• Exempt
• Private
• Active (not dormant)
• Solvent (not insolvent)

Yearly tasks

• Internal on 31 Jan
  • Calculate Revenue, Expense and Gross profit / loss for the previous year
• IRAS on 15 Nov
  • File Form CS online with IRAS
• ACRA on 15 Nov
  • File AGM / Annual Filling with ACRA

Important numbers

• Bank account
• Company ID / UEN

Check company compliance

Check company compliance status on BizFile anytime with company UEN.

Definitions

1. Small EPC: EPC with annual revenue up to S$5 million or less for financial years
2. ECI: Estimated Chargeable Income
3. ACRA affairs:
   • AGM (Annual General Meeting)
   • AR (Annual Returns)
4. IRAS affairs:
   • Income Tax Return